Returned Products

Newchodge

Moderator
  • Business Listing
    Nov 8, 2012
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    Newcastle
    If they are personalised goods you can refuse to accept a return. If they are online sales of ordinary goods, your business model has to take into account that people are allowed b y law to change their mind.
     
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    Mr D

    Free Member
    Feb 12, 2017
    28,915
    3,627
    Stirling
    Hi, no they are not personalised goods. My question was about what do I do with the products after it has been returned and I am not able to resell it due to competitive prices. Do I just write it off and bin it?

    Up to you.

    I just resell them as used if they are in no condition to be sold as new. Rather than bin them which should be even more of a loss than selling them used.
     
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    Mr D

    Free Member
    Feb 12, 2017
    28,915
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    The selling cost are 10% eBay fees, 2.9%+£0.30 PayPal fees, £2.78 shipping (paid twice £5.56), £2.93 mileage (paid twice £5.86). There is no profit it selling on eBay at used prices. It is cheaper just to bin the product.

    So set your prices to cover the fees.

    Or sell via some other method whereby you pay lower fees. Onbuy for instance.
     
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    Cmuk2019

    Free Member
    Apr 15, 2019
    38
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    It's not possible to increase the price, there would be many products below the increased price which means the products will never get sold. Looking at the past transactions the price that I was selling at was the only prices that people were paying, no one had ever paid a higher price. If I chose to sell on Amazon then the fees are higher. I will look into Onbuy
     
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    Mr D

    Free Member
    Feb 12, 2017
    28,915
    3,627
    Stirling
    It's not possible to increase the price, there would be many products below the increased price which means the products will never get sold. Looking at the past transactions the price that I was selling at was the only prices that people were paying, no one had ever paid a higher price. If I chose to sell on Amazon then the fees are higher. I will look into Onbuy

    Ah you want to have the cheapest product.
    Ebay isn't a place to sell your rejects then.

    Yes, disposing of it appears your only option.
     
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    Cmuk2019

    Free Member
    Apr 15, 2019
    38
    1
    Do I just write it down as a loss in the spreadsheet and bin the product? Can I give the product away instead? Do I need some proof that the product has been disposed of?

    Another option would be to sell off the returned goods as one lot, that way the expenses can be shared and they may be a small possibility that there will be a bit of profit
     
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    C

    ComPropSolicitor

    if you are selling volume then I think you just need to ignore it and absorb the cost into the wider picture, i.e. over a 100 or so sales the small loss you make on this one item won't matter - but, simply getting rid of the item (or refusing to sell it) will presumably loose you a lot more.
     
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    C

    ComPropSolicitor

    can you not bundle the item up with something else? put it into a nice box and sell it as a deal or something or even start selling a mystery box. all depends on what you are selling but I think you need to get creative.
     
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    Paul Norman

    Free Member
    Apr 8, 2010
    4,102
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    This is a regular part of operating an online store.

    Returned goods are often not able to be sold as new. You choose what to do next.

    Selling as returned goods at a discounted price often yields a decent recovery. However it is, as you suggest, sometimes just as viable to bin them. Or give them away (clothing returns, for example, go to a charity shop).

    It is part of the cost of running an online store. The returns level is fairly constant, and it has to be built into the business model.
     
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    C

    ComPropSolicitor

    Robot vacuum cleaner - the tape used to seal the box has been cut
    Solar fairy lights - Unknown/misplaced - cant check
    Garden lights - slightly crushed, no rips
    Car Bluetooth FM transmitter - no damage

    sounds like the type of thing you would be able to sell to a local independent electrical store (you know the type) they will probably buy them off you for 75 % of retail or something. I would do that then you don't have to lose money with postage etc
     
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    Paul Norman

    Free Member
    Apr 8, 2010
    4,102
    1,538
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    Just to clear up one point.

    It is highly likely you will be selling returned goods at a loss. But that is better than not selling them at all.

    Returns is a cost to online retailers. There is no way to avoid that - you often pay return postage, and then dispose of the items for less than their value.
     
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