Meesho has recently changed few policies related to Return claim reimbursements and approval process. If you are a seller on Meesho then read these policies carefully to get successful approval of your Return or RTO claims.
Dear Suppliers, this is to bring to your kind notice that there are certain policy changes which Meesho have brought to Meesho’s claims process for wrong/damaged/missing returns etc.
1- Fair Value Reimbursements:
H2 Tahoma 20 Weight 600
For the return claims, Meesho used to reimburse 100% of the product value for any approved claim. However, from 16th June 2022 Meesho would be reimbursing a fair value of your product based on the industry benchmark of your category.
The construct of this policy change is to reimburse the approximate cost you would have incurred while procuring the product and exclude the approximate value of margins you would have added on the products.
Please refer to the sheet given below for the fair value rate for each category of products.
|Women Kurtis & Kurtas||88%|
|Men Top Wear||88%|
|Women Top Wear||88%|
|Mobiles, Electronics Accessories & Small Appliances||95%|
|Women Suits & Dress Materials||88%|
|Women Winter Wear||88%|
|Men Winter Wear||88%|
|Women Bottom wear||88%|
|Blouses & Lehengas||88%|
|Personal Care & Wellness||95%|
|Health & Wellness||95%|
|Men Sports Wear||90%|
|Men Bottom Wear||88%|
|Ethnic Bottomwear, Dupattas & Jackets||88%|
|Kids Footwear, Accs & Toys||90%|
|Men Ethnic Wear||90%|
|Womens Active Wear||90%|
|Men Night Wear||90%|
For reference, if you are selling a women’s saree for 200 INR, your eligible claim amount would be 176 INR (88% of the product value).
Please note that this policy is applicable to your damaged, missing, wrong returns/RTOs claim.
2- Reimbursement for RTO related Claims:
As you are aware that for RTOs, there is no customer touchpoint and the shipment is returned back to you via our 3rd party logistics partners. To build more accountability and effectively investigate any wrong RTOs Meesho is building structural checks that will be effective to curb wrong RTOs and approve your RTO claims in a better manner.
Important Points Light Box
In order to do so, Meesho is introducing its own unique packaging for our suppliers. These will be available at competitive prices from our certified vendors through their websites or other channels. A unique QR code is printed to each package to ensure that the same shipment is picked up and delivered by the field executive.
Note: Website launch date & information will be communicated shortly.
You can refer to the above package design
Please note that as a Meesho wide policy change, we would only be able to approve your RTO claims if the recommended unique packaging is used for shipments. For any RTO claim which was shipped in a regular plain polybag (which has been used till date) will not be eligible for claims.
We will communicate the date of website launch shortly and the policy will be effective post 15 days from website launch.
3- Reimbursement for damaged returns related claims:
For the damaged return claim Meesho used to reimburse 50% or 100% of the product value. As you are aware that, for all the damaged products there is some resale value. The new policy is designed considering the resale value aspect of the product.
As part of the revised policy, Meesho will be reimbursing a certain percentage of the fair value (refer to policy 1) based on the damage that happened to the product. The reimbursement will vary from range of 10% to 90% depending on the damage range from minimal to significant.
The policy will be effective from 17th June 2022.
For reference, if you are selling the Women Saree at 500 INR and there is minimal damage to the product and we estimate a 50% fair value then, the reimbursement amount will be calculated as follows –
500 INR x 50% x (88%) = 220 INR
Here (88% of product value) is fair value from policy (1)
Please note that this policy is only applicable to damaged return claims.
Let us know your feedback on this article “Meesho Seller Return Claim Reimbursements Policy Change” in the comments below 👇
Sunil Kumar Sah @DigitalSunilSah
Sunil is an E-commerce Seller, Blogger, YouTuber and Digital Marketer. He is a digital enthusiast and passionate about Online Selling. He loves sharing my knowledge and experiences on eCommerce in this blog and on his Hindi YouTube Channel “Ecommerce with Sunil“