Imagine ordering an item from a seller in the US, but only having the option to return it to a foreign address. In many cases, that would make the item “unreturnable” due to the high cost of international shipping. But a change from the Postal Service may help buyers – and it may help US sellers as well. The USPS announced it will no longer allow companies to ship packages domestically using a foreign return address. Online sellers in the…
AliExpress is a globally renowned online marketplace that provides customers with an extensive range of products to choose from. Nevertheless, similar to any other online retailer, AliExpress may deliver defective or damaged goods or items that do not match the description. Hence, it becomes crucial to comprehend the AliExpress return policy to obtain a refund or exchange. One of the most advantageous aspects of the AliExpress return policy is that it allows free returns on a considerable number of items.…
eBay announced a new policy in July in which it will no longer allow sellers to list trading cards as “used” on its platform, and on Monday, it announced the new policy will take effect on October 23, 2023. The new policy requires sellers to indicate if trading cards are “graded” or “ungraded” – they may no longer list them as “used.” In July, it said it would auto-migrate current listings to the new system that month. Sellers of ungraded…
What is a Returns or Refund Policy? A returns policy is a statement which stipulates under which circumstances a retailer is willing to accept previously purchased products returned by the customer and under which conditions a refund or exchange will be issued. Whilst someone online businesses just want to bury their heads in the sand (and their returns policy with it) and don’t want to deal with the cost and logistics of returns and others make it a rather difficult…
What is an ecommerce privacy policy? Also known as a “privacy statement”or “privacy declaration,” a privacy policy is a statement that explains how a company collects, handles, stores, shares, and protects customer’s personal and often sensitive information gathered through their interactions with a website. The words “privacy policy” probably conjure up images of grayed-out, minuscule links at the bottom of a website. Truth be told, it’s probably ignored by most site visitors, but it’s a legal document that’s crucial for…
E-commerce Online merchants are experiencing over $100 billion in annual losses due to customers committing policy abuse, software company Riskified’s study showed. Riskified partnered with WBR Insights to interview 300 merchants in the US, Europe, Asia Pacific, and Latin America earning more than $500 million in annual revenue. The Policy Abuse and Its Impact on Merchants: Global Benchmarks 2023 report identified that nine out of 10 merchants have faced significant costs from return abuse, promo code and loyalty program abuse,…
Everything you need to know about eBay Return Policy! Running short of time? Get PDF of the blog in your mail. Download Now! Play Now eBay holds a prominent place as a renowned online marketplace. It presents an option to sell a wide array of products to a diverse range of sellers. As a result, in this bustling digital marketplace, having a well defined return policy isn’t just a good idea; it’s a crucial component. Understanding eBay’s return policies, such…
Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. Commerce and Industry Minister Piyush Goyal and senior officials from Department for Promotion of Industry and Internal Trade (DPIIT) and Consumer Affairs Ministry reportedly held consultations with representatives of top e-commerce companies and consumer rights bodies on Wednesday. After the meeting, two close sources aware of the matter revealed that the government is expected to come out with the e-commerce rules and…
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