Amazon has recently made a major announcement that will significantly impact third party sellers: changes to returns processing fees set to take effect in 2024. The new policy will be implemented in three phases from February to June, shifting costs back to sellers who are already facing slim profit margins. This is just one of …
With the holiday shopping season coming to an end, you are probably going to deal with some returns and refund in Q1 next year. No one likes to see losses in businesses but returns and refunds are as unavoidable as tax. The best way to minimize the impact of returns and refunds is to understand …
As an Amazon seller, customer returns aren’t good news and they take time and energy to rectify. The problem is worse when you get return requests after big selling days like Amazon Prime Day. All Amazon sellers look forward to Amazon Prime Day because of promotion boosts sales. Hopefully, you’re loaded with many orders to …
Amazon is one of the most popular trading floors in the world. It’s the leader in the sale of consumer goods through an online services system. To estimate the size of Jeff Bezos’ platform, it owns 49.1% share of online shopping and 5% of the entire online and offline market in the United States. Also, 50% of total sales …
If there’s something Amazon sellers fear the most, product returns will no doubt be one of the recurring nightmares. Indeed, returns represent a loss for your online business. But if you look past the negative connotation of a product return, it is a good opportunity to test the quality of your customer service. Keep in …
Reports are suggesting that Amazon Returns are responsible for buyers receiving correspondence from Amazon to confirm the closure of their accounts (sometimes without letting the buyer know what they have done wrong). Buyers are suffering the consequences of returning their Amazon orders. Wall Street Journal Report on Amazon Returns According to a report in …