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88sins wrote:good to see consumer affairs doing their job.
next thing for them to address is this "restocking fee" bullsheit when ppl return goods.
a lil 3-5% is tolerable. but some ah deze fuggers want to tlk about 20% & 25%, just to take back d crap they sellin, that they gonna try & resell someone else at the same orginal price.
src1983 wrote:I not talking about a lil playstation, a couch set takes up a lot of warehouse realestate
88sins wrote:src1983 wrote:I not talking about a lil playstation, a couch set takes up a lot of warehouse realestate
I get what you're saying. But that storage issue is essentially your issue, the consumer shouldn't have to bear the cost of you not having sufficient warehouse space.
Now I not tryin to tell yuh how to run yuh operation, but ideally you need a larger warehouse, which would have a little more cost, which could be passed on to all consumers with a nominal increase across the board & this would create an opportunity for you to do away with the restocking fee altogether & would increase your profit margin.
but daiz just my thought process
88sins wrote:src1983 wrote:I not talking about a lil playstation, a couch set takes up a lot of warehouse realestate
I get what you're saying. But that storage issue is essentially your issue, the consumer shouldn't have to bear the cost of you not having sufficient warehouse space.
Now I not tryin to tell yuh how to run yuh operation, but ideally you need a larger warehouse, which would have a little more cost, which could be passed on to all consumers with a nominal increase across the board & this would create an opportunity for you to do away with the restocking fee altogether & would increase your profit margin.
but daiz just my thought process
src1983 wrote:88sins wrote:src1983 wrote:I not talking about a lil playstation, a couch set takes up a lot of warehouse realestate
I get what you're saying. But that storage issue is essentially your issue, the consumer shouldn't have to bear the cost of you not having sufficient warehouse space.
Now I not tryin to tell yuh how to run yuh operation, but ideally you need a larger warehouse, which would have a little more cost, which could be passed on to all consumers with a nominal increase across the board & this would create an opportunity for you to do away with the restocking fee altogether & would increase your profit margin.
but daiz just my thought process
Why must the seller incur extra storage costs for customer refunded items, where will I put it?
I know how much room I have in my warehouse, plus the other 2 I rent for christmas, so when a customer comes and pay for an item, I go recheck for quality, arrange delivery and place order for another to ensure that I am always stocked
Now when the good ole customer comes back to say "hey dude hard luck got something at courts"
I now have an extra set with no place to put it, plus if he requested store pickup I now have to take time and carry it back to the warehouse.
So as far as I am concerned 20% is fair for my time and effort, I not going and take added warehousing cost for unsure customers, they should do better research.
src1983 wrote:Why must the seller incur extra storage costs for customer refunded items, where will I put it?
I know how much room I have in my warehouse, plus the other 2 I rent for christmas, so when a customer comes and pay for an item, I go recheck for quality, arrange delivery and place order for another to ensure that I am always stocked
Now when the good ole customer comes back to say "hey dude hard luck got something at courts"
I now have an extra set with no place to put it, plus if he requested store pickup I now have to take time and carry it back to the warehouse.
So as far as I am concerned 20% is fair for my time and effort, I not going and take added warehousing cost for unsure customers, they should do better research.
88sins wrote:yes I would, providing the seller can prove that the unit is functional, & all I'd expect is a written warranty from the vendor that the unit is at time of purchase is under the manufacturer warranty, & maybe a lil discount 5-10% as motivation to take that particular unit. I've done so more than once, & will continue to do so once it's a good bargain & value for money.
now lemme ask you this.
if I sell you a unit, & you return it to me undamaged & unopened, & I give you back 80% of what you paid. Do you find nothing even a lil wrong with that? Consideration changing hands, & no equal value being exchanged.
I & I'm sure others understand that you may have costs attached to returned goods. All I am sayin is there are other means of recovering said costs, that do not involve what some might consider a method of abusing or taking advantage of the consumer.
but like I say, daiz your business. & i personally eh come out to convince nobody ah nuttn
cornfused wrote:This local refunds business is a joke , here we have a retailer charging a 20-25% restocking fee . I hope you ask for that fee before you give the refund because any reason you want to put up must be a low joke .
This shows exactly why more and more foreign exchange is leaving this country in search of proper service in the US and else where . The sooner most local vendors realize that their competition is Amazon and other large retail stores in the US , the better off they'd would be in the long run.
Want a feel good refund story ?
For months I was looking for some expensive replacement parts for a machine . I received quotations here averaging $7,500 for an incomplete part that would still need about $2,000 is "non stock" parts to make the machine usable .
I milled over this decision for a few month squeezing the life of of the part for as long I could have. Eventually I called the right person who advised importing the part . The part came from Amazon in to my hand for $2,800. TT , but it was also the base model missing some essential parts . One call to Amazon explaining the missing parts and it was "Sir we are very sorry , but to make up on your disappointment with this purchase, we would like to offer a 40% discount " Curbing my jubilation and shock, I still managed to ask if this was their best offer![]()
. They then added another 5% discount .
RBphoto wrote:I offer a 100% satisfaction guarantee on my photos.... either I re-shoot for free or full refund with no photos delivered. Some people tell me that I am mad to do that, but the fact of the matter is, most of my jobs are from referrals, so having a dissatisfied customer is not an option.
That said, This whole return/ refund business thing about return/ exchange if the item is unopened, sealed in box and original condition is fine, and is just good customer service. But you see this thing about returning custom built orders, or open box items.. that is just horse sheit.
88sins wrote:raising prices isn't the only way to recoup said costs, It's just one of a few.
Another method is that once your business pays taxes, as it should, those costs can be applied as a business expense, thus lowering the business's taxation payable per the period. So the business still recovers its expense, albeit not immediately, but still recovered.
You find you out a 5-10% to sell the item if the consumer asks for a discount, + the returns costs.
But most ppl in T&T resell the item @ 100% the original sales price once undamaged, or convert it into a re-saleable form. So the business still making it's profit on the returned item.
But like I said, do yuh ting dan.
All i could say is that I always ask about a business's returns policy before I hand over my money. If I don't like your policy, even if I need the goods/service, I rather go elsewhere, & that includes importing form overseas, shopping around locally, or just forget the whole thing & do without.
src1983 wrote:
This is what Trinis fail to realize when you take a fridge or appliance then open it, I now have to give a another customer at a discount, plus recheck for any damage, cause Trinis are very sneaky.
X_Factor wrote:i actually dont mind paying a lil 10% re-stocking fee for returned items....
and lets say i go to buy a fridge and i returned it because my wife didnt like the colour...then fine i will accept the charge
but lets say it has a defect or does not work how it suppose to and i return it..you better not pull that stunt....
BUT i will confirm terms of sale before hand and if i do not like it i usually walk away....
supercharged turbo wrote:I don't mind paying a re-stocking fee as well once is reasonable like 10-12%.I make sure and do proper research before buying an item ie: make sure that it can suit my application,it is the best value for money,etc.Never had to return an item other than for manufacturer's defect but i agree with u about some trinis buying items without proper research and then wanting to return it like it doesn't affect you.There are plenty instances of that but there are even more of seller's not wanting to give a refund.If a warehouse can hold 100 furniture sets,obviously you shouldn't stock to capacity.This is Trinidad,you would ALWAYS have people who bought something that was not suitable for them and they can't use it.I would keep it to abt 98% full just to cater for those who return.
@aba...what was de outcome of situation 1?
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