Skip to main content

How to avoid losses in online selling/E-tailing in times of Natural Disaster

By
Online business is no different when it comes to dealing with natural disasters. In the offline business its comparatively easy to deal with natural disaster. The reason being the additional and important factor in online business which is shipment from seller to buyer.
Shipment plays an important role in online selling/E-tailing as many of the major E-market places have a condition that the delivery of the ordered products should be done in a minimum amount of time like 1-2 days in case of domestic shipping and 1 week - 10 days in case of international shipping. The rating of seller and that way the rating of the website depends on the shipment time.
When natural disasters like storm, heavy rains etc. struck then definitely there will be an effect on online business. The shipment can't be done if all sorts of transportation come to a stand still. The E-market places will be responsible for the late delivery of the products. In some cases the order may get cancelled automatically if a delay takes place for more than the mentioned amount of days.
By taking these following steps huge losses in online selling can be avoided :
  • Websites like Amazon, Ebay etc. which act as a medium between a seller and a buyer can include some conditions in their websites which can reduce losses during natural disasters. If the shipment gets delayed due to natural disasters, providing an option to the seller to change the shipment period is a good option to avoid loss.
  • Fulfillment Delivery option which is started by Amazon is a very good option in case of natural disasters like heavy rains/storms as the shipment in other places will not be stopped/affected  because of the untoward incidents in the affected place. Through this option majority of the losses can be avoided as the products are stored and delivered by the E-marketplaces. 
  • If the E-tailing is managed by a single owner or limited number of people, sending a personal mail to the customer explaining the situation is a good option.
  • Choosing/changing the mode to vacation can be done to avoid taking new orders.
sellinall
To sell/list products in major E-market places like Amazon, Ebay, Flipkart, Facebook etc., choose SELLinALL to do the listing as it is very easy and can be done with a single click.
                                                   -Anupama gundu-
                                          anupama.gundu@gmail.com                                        
Labels:

Popular Posts

What you need to know about Gross Merchandise Value

By Anonymous
Gross Merchandise Value (GMV) is defined as the gross sales revenue generated over a period of time by an e-commerce platform before any deduction for fees or commission . It is used to track the growth rate of an e-commerce business since it measures the value of the total merchandise that has been sold through the site for a specific time period, quarterly, bi-annually, or annually. Gross Merchandise Value = Number of Goods sold x Price of goods sold This metric is useful for e-commerce businesses that buy and store the merchandise from suppliers and delivers to customers when purchases are made. However, it cannot be used as a standalone metric for all online retail platforms. For e-commerce sites that operate as a Customer-to-Customer (C2C) business, they do not physically manage the goods. The total commissions generated and accrued expenses, such as delivery fees, advertising, return expenses incurred are more important to track for this business model. This is also known as Gro
Post a Comment
Read more

5 Major challenges faced by e-Commerce sellers and ways to overcome it!

By Anonymous
Based on a report by Google and Temasek Holdings, Southeast Asia’s (SEA) digital market could exceed US$200 billion before 2025. Southeast Asia’s digital economy is forecast to triple its size in the next 5 years. Read more on the challenges faced as a seller in the E-commerce marketplace, to help you decipher and be part of this immensely growing economy. E-commerce stores are on the rise due to a numerous reasons.  As far as market association is concerned, E-commerce sites already have an existing network of buyers. So, selling your products becomes relatively easy as branding and advertising is already taken care of.As  Sigmund Freud 's had rightly said  “ I carefully consider my decisions as everything comes with pros and cons! ”  Marketplace Management When it comes to South-East Asian E-commerce market, the most underestimated struggle is  Fragmentation  i.e. there are a number of e-commerce platforms in ASEAN countries attracting significant traffic, making
Read more

Buy Online, Pickup in Store

By Anonymous
A National Retail Federation study on Consumer Views in late October 2019 revealed that70% of the survey participants would pay for a Buy-online, pick-up-in-store service (BOPIS). BOPIS has emerged as a convenient option not only for consumers but retailers that invested in brick-and-mortar stores. Growth in online retail sales was overtaking traditional brick-and-mortar retail before the pandemic and BOPIS was being adopted by top retailers. With the onset of the pandemic in 2020, a Digital Commerce 360 survey in late 2020 showed results that 43.7% of the top 500 retailers with physical stores were offering BOPIS — up from 6.9% before the pandemic started. BOPIS, also known as click-and-collect or curbside- pickup provides a safe, contact-free way to shop online and pick up the ordered items. In order to implement BOPIS, a retailer needs to implement the following tools: 1) A website or app where customers can shop and place orders for the products online 2) A brick-and-mortar locatio
Post a Comment
Read more

Search This Blog