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sharminaktersss3435
Apr 10, 2022
In Wellness Forum
Strong sales; lots of orders coming out - good news. The product has decent profit margins and the net profit looks good. But returns are accepted for up to 90 days, and they trickle in slowly, clumsily and informally. When the company received a return, it prioritized refunding the customer's money, and the e-commerce system couldn't process the refund smoothly. Therefore, returns are not tracked in detail and all adjustments are made manually. Did you find failure? These returns are not included in the sales figures in a transparent manner. In this case, the business owner may not have an accurate picture of the sales. The industry mailing list adjustment and random handling of each return actually cost the company more manpower and time, not to mention the loss of merchandise that could have been used in other ways. 2. Reverse logistics reduces waste A large percentage of returned items can be resold, although this varies by product category. However, there are many items that cannot be resold as is, possibly due to damaged packaging or minor defects. Surprisingly, these items still have value and don't need to be thrown straight into the trash. These units can be refurbished, repackaged, reused as parts or recycled. For example, electronics are often returned for minor issues, and sales companies often move these products to the secondary market rather than processing the shipment further in-house. In the US alone, $15 billion of electronics is resold on the secondary market.
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