Author: sharath-ayyar.

We all know that India is COD predominant market and COD orders have higher chances of returns. The main reasons being buyer refusing the package, incomplete addresses. Non-availability of buyer at the time of delivery etc. for the order returns.

This incurs loss to both Mydreamstore and the campaigner as Mydreamstore has to bear the returns logistics costs and campaigners getting poor ROI on their campaigns.

To minimise the return risk and improve the overall profit, Mydreamstore is providing ‘Returns Reuse’ facility for the campaigners.

What is Returns Reuse?

It’s a process in which the returned products are stored at mydreamstore warehouse and are reused, shipped to a new buyer whenever a matching order (product type, size, colour) is placed.

Please consider the below example,

Say you have launched a Campaign A and in the first run, a product of Unisex T-Shirt of Size M and Colour Black has been returned.

Now you have relaunched the Campaign A and in its second run, if a buyer orders
Unisex T-Shirt of Size M and Colour Black the item returned from the previous run is re-used and shipped to the new buyer.

Campaigners can see all the data pertaining to the return items in the Returns Management Dashboard. This dashboard helps you understand the following things

  • How many orders are returned?
  • What’s the stock count of the returned items?
  • What is the adjustment amount for these returned items?
  • Which products from my returns are being reused/reshipped?
  • What is your net payout amount after the adjustments?

To access the Returns Management Dashboard.

1) Log in to My Dream Store account and switch to Campaigner Dashboard

2) Click on ‘Returns’ button on the left menu bar as shown below.


3) You are now at the Returns Dashboard screen. When you click on the Campaign Card, you can see the campaign wise returned items with product type, colour, and size.

You have an option of ‘1-Click Relaunch’ to relaunch the Campaigns.



4) Towards your Left, You can find Options such as Returns In-stock, Returns Dispatched, Returns Adjustments, Returns Invoice Settlements. Let us explore each of them in a detailed manner.


5) On Clicking, Returns In-stock, It will display the list of all returned products. You also have an Option to Download the list of Returns.


6) Clicking ‘Returns Dispatched’ will show you the list of Returns that have been Dispatched from our end.


7) Clicking
‘Returns Adjustments’ will show you the Amount that will be adjusted from your Payment Challan as a deduction for Returns.

8) On clicking any of the ‘Invoice ID’, You will be taken to ‘Invoice Adjustments’ Panel. 

This Panel will show the list of Returned Products for which the amount will be adjusted.
You also have an option to download the list as well.


9) Clicking
‘Invoice Settlements’ tab will show you the details like – Invoice Amount, Returns Adjustments Amount and Total Payable Amount. 

You also have an Option to Download the data as well.

Return Reuse Charges:

The products fulfilled from Return Inventory will be charged handling fees of Rs.100 + shipping cost of Rs. 60 for products weighing less than 500 grams and Rs. 75 for products weighing more than 500 grams (Hoodies and other products as per the applicable weight)

We hope will feature help you make better decisions while launching campaigns and give you complete transparency of the return items and their adjustment amounts.

Happy Campaigning with us!

Goods and Services Tax (GST) – The Biggest Tax Reform post Independence is finally rolled out.
So what is GST? What changes does it bring? What are its implications on your Campaigns?
Are these questions going up in your mind?

Well here are all things you need to know and understand about GST.

What is GST?

Goods and Services Tax or simply GST is an Indirect tax applicable throughout India which replaced multiple taxes levied by the Central and State governments.

GST has now replaced the VAT/CST which was being charged to your buyers earlier.

How GST can Impact Campaigners on My Dream Store?

Previously VAT/CST of 5% was levied on all our products like Unisex Tees, Unisex Hoodies, Full Sleeve, Polos, Mobile Cases, Tank Tops, Tote Bags, Posters, Coffee Mugs etc.

Now under the GST, Each product categories will attract different tax rates unlike the flat tax system of VAT/CST. Below is the list of revised tax rates applicable as per GST.

Products Tax %
Apparel less than Rs.1000 (Markup price ~ Rs. 951) 5%
Apparel more than Rs.1000 (Markup price ~ Rs. 952) 12%
Coffee Mugs 18%
Posters 12%
Laptop Skins 12%
Tote Bags 5%
Mobile Cases 28%

When will the New Taxation Changes be applicable in My Dream Store?
From 27th July, 2017, All your New and Relaunched Campaigns will follow new tax rates as per the GST regime.

What will happen to my Old Campaigns?
Don’t worry! During Relaunch of your Old Campaigns, Selling Price will be automatically adjusted by the system as per the new taxation rates.

What will happen to New Campaigns?
For New Campaigns, While entering Markup price on Design Studio, System will automatically calculate its Selling Price based on GST rates.

 


I have query related to GST changes. Whom should I reach out?
You can reach to – sellersupport@mydreamstore.in. We will be delighted to answer your query and help you out as well.

 

Hello Campaigners,

Hope you are aware that we had a Major update on COD’s Terms & Conditions from June 2nd, 2017.

If you aren’t aware about our Major update on COD’s Terms & Conditions, we kindly request you to go through the following links,

MDS Version 2.0 – http://blog.mydreamstore.in/archives/1792

FAQ (MDS 2.0)   – http://blog.mydreamstore.in/archives/1786

Recently, Campaigners have been approaching our internal team to sign new COD Service Level agreements in order to convert their accounts from Prepaid –> Prepaid + COD.

At My Dream Store, we always try to identify any problem and automate the manual process by using Technology. As a Part of it, we have identified the problem and developed Service Level Agreement (SLA) Feature which solves end users pain point.

By using this feature, User can convert their accounts from Prepaid –> Prepaid + COD instantly.

This article will explain you about the Procedural flow of SLA Feature.

How to Convert my account from Prepaid –> Prepaid + COD ?

Step 1 – Login to My Dream Store.

Step 2 – Click on ‘My Account’ –> ‘Profile Settings’ (Please refer the image below)


Step 3 – Click on ‘Campaign Settings’ panel and ‘Enable Prepaid and COD for all Campaigns’ check-box. (Please refer the image below)


Step 4 – A Service Level Agreement (SLA) will appear in the inline Pop up. Please go through the Service Level Agreement completely.

Once you are comfortable with Terms & Conditions of the agreement, Please click on ‘I agree to all Terms & Conditions’ check box and click on ‘Agree’ button. (Please refer the image below)

Step 5 – Now, Our System will analyse your Previous returns percentage for all your campaigns.

If the Returns percentage is less than or equal to 30, The System will automatically enable Prepaid + COD for all your Campaigns. (Please refer the image below)


Step 6 – In case, If your Returns percentage is greater than 30, The System will not allow your Campaigns to toggle into Prepaid + COD mode. In this case, You can reach – swati@mydreamstore.in for further Steps.

So What are you waiting for? Go and Explore the Feature and Start Selling more!

Please feel free to reach – sellersupport@mydreamstore.in for further queries.

May the Force be with you,

Cheers,

Team My Dream Store

“It takes months to find a customer and only seconds to lose one” and trust me, we are in no mood to lose any, especially the beloved International campaigners like you!

Yes!! International campaigners can now sell hassle free!

This is one of the most frequently asked questions that we face which now stands answered.

The International campaigners can sell as hassle free as the domestic Indian campaigners.

In addition to that, our dedicated campaigner support team will provide you with special trends and insights on the Indian market from time to time which will help you adapt to the Indian market seamlessly.

Why sell in India?

India is the world’s biggest emerging e-tail market just waiting for you to capture a slice of it!

With the rapid growth in the number of internet users, smartphone users, India is now sitting on top of a Golden e-commerce Future. Global corporations, brands, retail giants consider India to be a major investment destination.

Similarly, For the t-shirt sellers, campaigners, designers, internet marketers, India is a market of great potential with millions of online population, varied cultures awaiting your designs.

Read our exclusive Indian market study here.

Get started:

As a beginner in this market, getting started can he hard, but not with us. We have taken up your headache of niche research and done that for you.

View popular selling niches

We now have a dedicated support just for you International campaigners regarding any query and clarifications. Write to us at – globalsupport@mydreamstore.in

How an International Campaigner can receive Payouts via My Dream Store?

This Snippet will guide you on our New International Payments system. Please kindly follow the procedures mentioned below to obtain Payments via Dollars (USD) in Paypal or Payoneer.

1) Log in to your My Dream Store account.

2) Click on ‘My Account’ –> ‘Profile Settings’.


3) You are in ‘Profile Settings’ page now. Click on ‘Payout Settings tab’ and Select ‘International Sellers’ tab.


4) Under ‘International Sellers’ tab, Select the required ‘Mode of Payment’ from the list of available options such as Paypal or Payoneer.

5) On Clicking Paypal/Payoneer, Enter your Paypal/Payoneer account E-mail id. From the list of available countries, Select your required Country and enter your Mobile Number.


6) To verify your Identity, An OTP will be sent to your Mobile Number. If you haven’t received your OTP, Click on ‘Resend OTP’ to receive OTP again. Once the 4-digit OTP is entered, Click on ‘Save’ button to save the details.

7) Now your details are saved as shown below.
Note – Once the details are saved, It is not possible to edit the details again.
You can reach – globalsupport@mydreamstore.in for further queries on Edits.

8) You can get all your Payouts Reports from ‘Payment Challan’ section.

This can be accessed here – http://www.mydreamstore.in/user/account/payouts_data or you can toggle to Campaigner Dashboard and access it as well.

Note :
1) Once the Products are delivered to your customers, International Payments will be transferred in 5-7 working days.

2) Indian Sellers cannot receive Payouts via International Payments System.

FAQ’s on International System:

1) PayPal isn’t accepted in my country is there any other way in which I can receive my payout?

Ans – You can receive payouts via Payoneer as well.

2) What will be the transaction fees for each payout that I receive through PayPal?

Ans – You may refer to this link regarding transaction fees – https://www.paypal.com/in/webapps/mpp/paypal-seller-fees

3) How do I create a PayPal account?

Ans – The process of creating a PayPal account is different in different countries. But to know the basics of creating a PayPal account refer this video – https://www.youtube.com/watch?v=qHMD_my5pjQ&t=54s

You may also browse through this article for help – http://www.wikihow.com/Set-Up-a-PayPal-Account

4) What all do I need to create a PayPal account?

Ans – To open a Personal account, you just need to provide your first and last name, address, phone number, and email address.

  • For your protection, you’ll create a password for your new account and select 2 security questions.
  • After you sign up for an account, you can start receiving money right away.

5) Within how many days can I receive a payment via PayPal/Payoneer after My Dream Store processes it?

Ans – Once we process the Payments, You will be receiving Payments in 3-5 Days.

6) What is the frequency at which the payouts will be done by My Dream Store via PayPal/Payoneer?

Ans – We will be transferring payouts once in a week.

7) Apart from PayPal and Payoneer, Can I use any other payment gateway for receiving a payout?

Ans – As of now, only these options are available. We shall integrate more options in future.

8) I have more queries. Whom should I approach?

Ans – Please write your queries to – globalsupport@mydreamstore.in.
We will address them in next 24-48 working hours.

So, What you are waiting for? Log in to My Dream Store and Start selling now.

You can also visit our MDS-University to know more details on Campaigning, Promotions, Monitoring etc.

Join our Campaigner Community to know many latest updates,

May the Force be with you,

Stay Tuned for more updates!