The Alternative Mall (www.altmall.ng): How To Become a Vendor; How to Shop & Pay In Installments At 0% Interest
Just like we have alternative music, The Alternative Mall (Alt Mall) is a break-off from the familiar methods of shopping that we are used to. The Alternative Mall is an ecommerce platform that gives buyers the opportunity to pay for stuff in installments, and at 0% interest rate.
This article will be focused on how to become a vendor of The Alternative Mall & how to shop and pay in installments at Alt Mall.
How does Alt Mall work?
Partnering with Sterling Bank, The Alternative Mall gives the opportunity to purchase all types of products e.g. fashion accessories, home appliances, mobile phones, household equipment, and a host of other things.
All you need to do is just to go to The Alternative Mall (AltMall) page, create an account and start buying.
You can spread your payment over 24 – 36 months, with ZERO interest rate.
What do you need to pay in installments on Alt Mall?
- Good credit score
- Good cashflow
What don’t you need to pay in installments on Alt Mall?
- A salary account
- Collateral
- House documents, and so on
How to register & sell as a vendor of Alt Mall
One great benefit of Alt Mall to their vendors is that a customer can buy products on credit from you, but your payment will come to you IN FULL & AT ONCE.
You are at no risk at all, the installments plan is between Alt Mall and the customer only.
Register
Having said that, here are the basic step-by-step ways to register as a vendor (seller) with Alt Mall:
- Visit Alt Mall Vendor Page
- Click Become a Vendor
- Create a Vendor Account with your email address or Facebook account
- Tap Create Account
- Authenticate your account by responding with the 6-digit code sent to your email
- Enter your First name, Last name, Store name, password, and phone number
- Submit
Check the manual
In these seven steps, you have created an AltMall vendor account. You can also take a look at the Vendor Manual to guide your way around the portal.
The next steps are to log in to your Alt Mall dashboard, and start to upload your products.
What are the commissions & fees for AltMall vendor sales?
You can view the commissions and fees between AltMall and their vendors below:
| Category | % Fee |
|---|---|
| Automotive & Industrial | 5 |
| Baby, Kids & Toys | 7 |
| Beauty Health & Personal Care | 7 |
| Books & Stationery | 5 |
| Computers | 4 |
| Electronics | 4 |
| Home & Kitchen | 4 |
| Fashion | 7 |
| Games & Consoles | 4 |
| Phones & Tablets | 2 |
| Building & Construction | 5 |
| Furnitures | 5 |
| Arts & Crafts | 3 |
| Grocery | 4 |
| Sports & Fitness | 4 |
| Sport Clothing | 7 |
| Phone & Tablet Accessories | 7 |
Conclusion
We picked interest in this innovation because it is very necessary now. Most people are having a hard time with the raging inflation that keeps climbing. It also makes things easier for shoppers as you don’t have to pay for all you cart immediately.
You can contact the Alt Mall team @ customercare@altmall.ng, 0700-1005050.
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