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Episode Synopsis "Chargebacks: The Naty Side To Dropshipping"
Chargebacks are a nightmare for dropshippers. As you build your dropshipping business, you're bound to encounter these margin-robbing occurences. Essentially, a chargeback is when you receive an order from a customer online, then at some point during the fulfillment process, the customer decides to call their bank or credit institution, and cancel the order. As the business owner, you receive an immediate charge, ussually about $15.00 plus the cost of the product in question. One of the best ways to avoid chargebacks, is to use manufacturers and suppliers that are based in the US, Canada, or whatever country you are based in because long shipping times will seriously hurt your business. Install the app: https://apps.shopify.com/dropcommerce Learn more about DropCommerce: https://www.dropcommerce.com/ FAQ: https://www.dropcommerce.com/frequent... #DropCommerce #Chargebacks #USdropshipping #USsuppliers #Dropshipping #Ecommerce #ShopifyDropshipping #Entrepreneurship #SideHustle
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