The return policy must be clear and easy to understand

mamun15

Increased operational costs – processing returns incurs processing, shipping, handling and storage costs. If the rate of returns is high, these costs can increase significantly and erode profits significantly. Therefore, effectively managing returns and reducing their rate are key aspects for the sustainability and success of an online business. What can you do to reduce your bounce rate Solicit feedback from customers who have returned products to better understand the reasons and implement suggestions that are relevant.


Maybe the products are not aligned with the descriptions and this misleads the buyers; – customers will better understand what can and cannot be returned; Implement card payment , because people are more Belgium WhatsApp Number Data reluctant to return a product they have paid for online; card payment discount You can find more tips on how to increase your conversion rate in the article dedicated to this topic. Cash flow problems Even if everything is working perfectly from a sales point of view, not collecting your invoices on time can be a big problem.





There has been a lot of discussion online about this aspect, I won't go into details now. And I think that this aspect should be regulated by law  0 days should be the maximum period granted for the payment of any. What can happen if you have cash flow problems You can't replenish your stocks : if you don't have enough cash to replenish your stocks, you may find yourself out of stock. Inability to meet financial obligations : In turn, you will not be able to pay your bills on time, which will lead to a vicious circle. I am only mentioning a number of costs such as: rent, employee salaries, website hosting and maintenance, fees and taxes and so on.