Jet.com has
promised to offer buyers the lowest prices for their desired products in very
crisp and clear terms that can attract even the most loyal of eBay buyers. What
more do Jet.com sellers to need as an assurance to maximum visibility? This is
the first and perhaps one of the most seller friendly stands that this 9 month
old e commerce platform has offered to motivate enthusiastic selling entities.
Like it or not, footfalls (virtual though) is sure to happen in jet.com.
With the
road to visibility already paved to near perfection, the next seller friendly
stand taken by this marketplace is by ensuring strict return rules for buyers.
This may seem a little awkward and morally questionable but, let’s face facts…
no sellers would like their products to get returned at the drop of a hat. This
not just compromises seller interests but often exposes the latter to fake
buyers like it happens quite frequently in eBay. Strict return policies ensure
filtering out fake buyers and protecting seller interests to the maximum.
Amazon on the other hand has a very generous return policy that often
undermines sellers.
As far as
fees and commissions are concerned, jet.com charges no entry or membership fees
but takes around 15% commission on sale. This figure is similar to Amazon
barring the fact that the latter charges monthly membership fees as well.
Besides this, Jet.com Amazon or eBay
is also very seller friendly as far as managing sales tax on behalf of the
sellers is concerned which unburdens the sellers to a massive extent. Amazon on
the other hand does not handle any such responsibility.
Till date,
Jet.com has faced criticism for its much dreaded API integration which has
brought down its credibility to a certain degree. However, with intelligent Jet.com API developers, this problem is
sure to take a back seat any time now. With this hassle put in place, there is
very little that can stop this nascent marketplace to put up a no nonsense
competition against Amazon.
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