[QUOTE=Full Metal Lotus]
I wish that they would institute a restocking fee where I work.
We sell a lot of special use tools, and there are people who blatently take advantage of our open return policy in what we call “free rentals”.
Lets say a person needs a tile saw to complete a single job in their house.
So they come in and “buy” a tile saw, use it and bring it back, dirty, worn blade, damaged packaging and often missing parts.
And then they get a full refund!
We are stuck with an item we will have to open, inspect, clean, repair, replace blade and THEN sell at a discount as it has been used and returned. the labour and materials costs related to this usually kill what ever margin/profit we make on the item before the discounted sale price. I know its stupid, but the business owners insist its required for good customer service.
I would estimate that 1-2% of our sales are “free rentals”!
A restocking fee would help to limit that.
Regards
FML
[/QUOTE]
Yep, and that’s why a restocking fee is sometimes waived when a customer buys another whatsit. Someone upthread complained about a restocking fee for a printer. The store has no way of knowing whether the customer used that printer for one job and then returned it, claiming it was defective, unless the customer asks for another printer of the same make.
I used to work in a dress shop, and we had to institute a policy of no exchanges for cocktail and formal dresses. Too many women were “buying” a dress for a special occasion, returning it for credit (we didn’t give refunds) which they’d use on everyday items. It wasn’t worth inspecting every dressy item and then arguing with the customer over obvious signs of wear. And we’d get people who wanted to buy stuff for Halloween, wear it, and return it.
I think that a restocking fee would have curbed this practice enough that we could have offered credit for returns on these items. We did offer credit on everyday items (jeans, work slacks, t-shirts, etc.).