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This is an opportunity for Amazon, IMHO. This sort of thing is what insurance is for - it's all about risk pooling so you can survive the big loss even if you'r
by incongruity 10y ago
This is an opportunity for Amazon, IMHO. This sort of thing is what insurance is for - it's all about risk pooling so you can survive the big loss even if you're a small-scale seller.
Amazon could easily add an insurance policy option for sellers with a few minimal requirements for documenting the sale/shipping - Amazon collects a small fee, encourages better habits among small sellers and it all works.
- iamdave 10y agoI've never sold on Amazon, so pardon the ignorance: does Amazon have some sort of 'escrow' service to hedge this risk for parties making transactions?
- maldeh 10y agoNot quite escrow, but there's 'Fulfillment By Amazon', which takes care of distribution and shipping for you (albeit for additional fulfillment fees), and can be safer for both the buyer and seller since goods pass through inventory checks at a warehouse. (Disclaimer: work with Fulfillment By Amazon)
- jessaustin 10y agoCan you post or point to more info on how this service works? To ask a specific question, can FbyA could handle items for which it's important for the seller to know which serial number has gone to which buyer?