Cash on delivery: what is it?

ordering various goods in shops, you are likely to see in the list of options for delivery and payment for the purchase of the item "cash on delivery".What it is?

Determination

cash on delivery - is a kind of payment in which the buyer receives the goods at the post only after the employees would pay a certain amount of separation.

What is included in the amount of COD?

Those who have dealt with this way of payment, be aware that the final amount of the declared value (that is, just the money that the buyer makes the post office) is slightly higher than the price of the goods specified in the catalog online store.

This is because the amount of cash on delivery, in addition to the actual cost of the goods, as a rule, includes more and the costs of packaging and shipment of the order.

In addition, each customer pays a certain percentage of the declared value of parcels in accordance with the tariffs of the mail - the money needed to subsequently put forward to the sender of e-mail sent by the buyer agent.

But as they say, "is not so terrible wolf, as he painted": in excess of the principal amount at the post office buyer pays no more than 100-300 rubles (it all depends on the price of the goods).Of course, it matter how expensive purchase is itself, because basically everything is calculated in percentage.

How to send the goods on delivery?

This information will be useful for merchants who wish to send items using cash on delivery.What is it, you know - so it is easy to imagine how going on about how to send.

To start the seller must notify its intention to send a parcel postal workers.The department he gets his hands on a blank postal order form, as well as 2 application form for the inventory (such as when sending a valuable parcel post).

postal transfer seller fills in his name, on behalf of the buyer.In addition to the expected price of delivery, should also include the amount of 8% of fees charged for the delivery of securities by mail parcels.

Once the postal worker checks the documents, postal order form is attached to the parcel.Mail the seller issued a receipt and an inventory form, certified mail.

The buyer in turn may receive a purchase only after payment of the goods - that is, cash on delivery.Rates on both sides are quite small, but they must take into account that the process of delivery and order delivery went smoothly.

Advantages and disadvantages of COD for buyers

main advantage, which has in this regard cash on delivery - a kind of guarantee for the buyer.After all, you pay not for some ephemeral commodity that you can not send (many do not trust online shopping is for this reason), but for the package, which is already in office.As soon as you make the required amount, the administration is passed to you, which means you get your order.Because enjoys such enormous popularity cash on delivery, it is truly beneficial to the buyer: you do not need to pay for the package immediately after ordering - there is still some leeway as long as goods arrive in the mail.

As for drawbacks, the first thing is the need to pay a certain amount, albeit small.In addition, inspect the contents of the parcel before payment is impossible.If an unscrupulous seller to send you is not what you ordered, you can only apply to the police.

Advantages and disadvantages of COD sellers

If you send items COD (or any other items), you are guaranteed to get paid for them.

Among the shortcomings in the first place it should be noted the risk that the client simply does not pick up your order, and the goods will be sent back to you.And everything would be fine, but that's only on its own mailing takes a lot of time (3-5 days to several weeks).The result is a risk of delay in turnover and, as a result, online store bears losses.

However, despite the sometimes misunderstandings arise, many sellers are confident choosing cash on delivery, it is one of the most popular methods of payment.No doubt - Thousands of online shops successfully send the products in such a way, and millions of customers happy to take the long-awaited purchase from the post office.

We told you about the main risk, but it should be understood that the risks - it's just possible situations, which in practice are very rare.