As you may know, depending on the “infraction”, the amount of money “Charged Back” to your company will vary. One chargeback can even trigger ancillary charges and they add up quickly. Effecting your Gross Margins and Profitability!
These chargebacks cost wholesalers tens of thousands, even millions of dollars, depending on the infractions. As a result, chargeback reduction is a crucial profit center for wholesalers. Although chargeback recovery can help, avoiding chargebacks in the first place is the best strategy, so quality back-office support is critical to wholesalers.
A few examples include; Late Shipments of merchandise that can result in as much as a 10% or more Chargeback to your company. Even an incorrect label can be charged back at up to $5.00 per label. A wrong or incorrectly filled out Bill of Lading can cost your company upwards of $150 per shipment. An invalid ASN could be charged back to your company at a cost of $10.00 or more per carton. These are only a few of the things that could be Charged Back to you as a Wholesaler! There are many more.
We are very skilled at recovering Vendor Chargebacks and have recovered for our Clients hundreds of thousands of dollars. We have a proven track record that speaks for itself. This is ONLY one of the reasons that our Clients have remained with us for years. While some Chargebacks are inevitable, there is no doubt that we can help your company minimize these penalties.
To learn more about how we can help you company address this problem visit our website at: https://360solutioninc.com/. We can also be reached at, firstname.lastname@example.org or by calling us at (646) 346-2626.