Online retailers have to pay over ten percent in shipping return fees by credit card transactions every year. Small business for online websites have a huge problem with customers pulling out at the last minute.
Online retailers every year are now paying almost fifteen percent in shipping returns. The extra cost added on to shipping fees, website fees, marketing fees, business listing fees, listing fees, and now return purchase fees is growing every year. While there are many features to prevent this it still seems to be a major expense in E commerce.
Another factor for an E commerce business is that they pay one third of the price of a product to taxes. That means that profit on a dollar item turns into almost half total.
