The return period is extended! A loss of 70,000 RMB for a 100,000 RMB exchange! A large number of sellers are crying...

It’s the end of the year, but Amazon sellers are not happy.

According to foreign media reports, Amazon recently announced a temporary extension of the return time for buyers .

Amazon requires all sellers to comply with the temporary extension of buyer return time and to match your return settings with Amazon’s return policy, regardless of whether the seller is self-fulfilling or using FBA logistics.

As we all know, Amazon's return policy is increasingly biased towards buyers. If the product is shipped through Amazon FBA, the seller must abide by the 30- day no-reason return policy. However, in many cases, the buyer's return is not the seller's fault, but the buyer's fault, such as:

Returns will affect the order defect rate in the seller's performance indicators. If the seller's return handling measures make buyers dissatisfied, buyers will leave bad reviews or file claims, increasing the risk of account closure.

This time Amazon has temporarily extended the return period, and I guess a large number of sellers are going to cry again.

In addition to returns, the exchange rate is also what makes sellers cry.

On January 4 , the US dollar exchange rate fell below 6.5 yuan to kick off 2021. On January 29 , the US dollar exchange rate slipped again, reaching a low of 6.4236 .

At the end of May last year, the US dollar exchange rate reached 7.17 , and then the US dollar fell all the way. Compared with the recent lowest exchange rate, every time the seller exchanges 100,000 US dollars, it will cause an exchange loss of more than 70,000 yuan.

The US dollar exchange rate continues to plummet, revenues have shrunk out of thin air, and the exchange rate difference has reduced profits, leaving a large number of foreign trade and cross-border e-commerce sellers in tears.

It is hard for small sellers to make money, but because of the exchange rate, it is really sad to think about it, but there is nothing we can do about it. The overseas epidemic is still not well controlled, and the economy has not recovered well. China has not only controlled the epidemic well, but also taken the lead in economic recovery. In addition, the economy has continued to grow in recent years. When I increase and you decrease, it will naturally lead to exchange rate fluctuations.

Recently, Cross-Border Communication disclosed in its 2020 annual performance forecast that its non-GAAP net profit in 2020 was a loss of 160 million to 210 million yuan, one of the reasons being the increase in operating costs caused by the appreciation of the RMB exchange rate . Leckey also stated that the rapid appreciation of the RMB exchange rate in the second half of 2020 , especially since the fourth quarter, had an adverse impact on the company's profits . Giant Star Technology also stated in its 2020 annual performance forecast that the RMB has appreciated significantly against the US dollar, which has had a certain impact on the company's profitability.

In order to control exchange losses, big sellers have taken measures. Recently, Anker Innovations passed a proposal that the company and its holding subsidiaries will increase the exchange rate hedging quota for 2021 and carry out foreign exchange hedging business with a balance of no more than RMB 3 billion (or equivalent foreign currency).

In addition, Anker also stated that it would strengthen research and analysis on exchange rates, adjust business strategies in a timely manner, and avoid exchange losses.

Big sales are still good, small sellers can only cut costs and pray that the US dollar exchange rate will not fall below 6.4 in 2021.