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Old 09-10-2017, 03:32 PM
tyler00's Avatar
tyler00 tyler00 is offline
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Idea - Return Shipping Insurance Biz

People can pay a monthly fee (or yearly) to you as insurance but all it does is when you receive a product from a seller which ends up being defective (e.g. let's say a PSU has limited warranty -- that's where u pay shipping to get it back so it can be repaired by the PSU's manufacturer) then you 1st prove to you are either under limited warranty (receipt) or the product is defective.

This insurer would then pay for shipping this product to them for final checking (just for defective product claims) then if all checks out then they'd ship the product to the originating seller. For those with validated limited warranty, upon getting the proof of purchase receipt, an emailed Printing Label would be sent and mailing would be done directly to the manufacturer.

So all this biz does is pay shipping on all products back to their manufacturer. This could solve the annoying problem of say buying a DOA product from China and being forced to eat the cost because the shipper says "tough luck, ship it back and i refund", but the shipping cost is 10x more than the cost of the product. They know you won't ship it back so they shipped you a defective one.

Last edited by tyler00; 09-10-2017 at 03:39 PM.
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Old 09-10-2017, 11:15 PM
vaguar vaguar is offline
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Your point being?
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Old 09-14-2017, 09:59 PM
Naijasturf Naijasturf is offline
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As for me, the only online transaction I can trust in online banking and when it comes to shipping I'm afraid
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Old 09-17-2017, 06:27 AM
HunterT HunterT is offline
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Bring this to an inventhelp company
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Old 09-17-2017, 09:08 AM
hiralove hiralove is offline
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interesting biz, are you running it currently? How is it working for you?
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