If you are part of the partner network you will benefit from the following:
GroChick is the integrated poultry subsidiary of GroSpace. GroChick sells fertile broiler eggs at R3 directly to the partner network. GroChick offers a buy-back policy whereby GroChick buys back the day-old chicks at R5.50. You only need to place your egg orders when GroChick places orders with your hatchery.
Time needed: 28 days
How to take part in the partner network
- Get registered as a vendor on GroSpace
- Learn to sell on GroSpace
- List a product
You can list day old chicks on your GroSite you can peruse the example below for assistance
e.g. GroChick – Day old chicks - Receive an order for day-old chicks
Grochick and other vendors in the partner network will purchase day-old chicks from your GroSite – ensuring that your incubators are running at full capacity 24/7.
- Order fertile broiler eggs
Go to GroChick and make a purchase of fertile eggs for the number of fertile eggs required to fulfil the orders that you received.
- Receive the 1st-grade fertile chicken eggs
Wait for 1 day to allow the albumin in the fertile chicken eggs to settle then place the eggs into your setter trays
- Notification on day 18
Prepare your packaging boxes on day 18. Contact GroChick to notify that the chicks will be ready in 3-4 days. If you are managing your own delivery then notify your drivers on GroSpace
- Hatch day and delivery
On day 22 load 102 chicks into the packaging boxes and print your waybill. Make sure that every order has a waybill for tracking purposes. Even if the order is being collected from your hatchery you need to make sure that the customer sees the waybill. If one of our drivers in the partner network picks up the package make sure to verify the identity of the driver by doing an ID check either on their ID book or on their Drivers license. Security first.
- Order Status
At the point of collection and/or delivery make sure to change the order status to complete for funds to be transferred from escrow to your wallet. If you do not change the order status then the funds will remain in escrow until you take the time to complete the order. Some vendors prefer to complete their orders weekly in bulk, others immediately after each transaction. Either option is acceptable. Allow this function to slot into your sales flow.
- Withdrawal
Withdraw funds to your bank account or keep a portion of the funds in your GroBank wallet. Your wallet allows you to store funds in a secure digital form on the GroSpace platform. Use the funds to order products and services on the market. Remember that there is a withdrawal fee. Consider your future purchases when you get paid and note that this is a business wallet which means any withdrawals will look like taxable gains to the taxman. If you purchase livestock the purchase is VAT zero-rated. Keep your purchases and sales on the platform and only withdraw capital gains when you want to declare tax on them.
- Growth and expansion
Purchase fertile eggs and or incubators to grow your business and expand your hatchery for larger contracts and higher profits.