Muhammad Ishaq Nawaz’s Post

Exciting news for TikTok Shop sellers! 📣 TikTok Shop is making it easier than ever to manage returns and order cancellations. 🔄 What's new? Customized rejection reasons to match your customer's concerns. Tailored options based on your product type. Evidence submission for select reasons to clarify your decisions. Benefits for sellers: Faster and easier return management. Reduced misunderstandings and disputes. Enhanced customer experience through clearer communication. Plus, we've updated cancellation reasons to ensure accuracy and consistency. Best practices for canceling orders: Choose the right reason every time. Keep your SFCR below 2.5% to avoid penalties. Thank you for partnering with TikTok Shop! Let's continue to provide the best possible shopping experience for our customers. #TikTokShop #SellerTips #Returns #Cancellations #Ecommerce #CustomerService #BusinessGrowth

𝐓𝐢𝐤𝐓𝐨𝐤 𝐒𝐡𝐨𝐩'𝐬 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐃𝐞𝐥𝐚𝐲𝐞𝐝 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐏𝐨𝐥𝐢𝐜𝐲: TikTok Shop updating Customer Order Cancellation, Return and Refund Guidelines for Sellers. From 15 March 2024, TikTok Shop will no longer automatically approve all "Delayed Delivery" return requests or automatically reimburse sellers. In some cases, such as "Fulfilled by Seller" TikTok shop will instead require seller's to review the request. Sellers will be notified of the refund request and must respond within 2 business days of submission of the refund request from the customer. If the seller fails to respond within this time, the refund will be automatically approved and the seller will bear the cost of the refund. #tiktokupdates #tiktoksellers #ibrahimtarique

Shop Now, Pay Later: New Payment Option on TikTok Shop! Hey there TikTok Shop sellers! We've got exciting news to share that will help you skyrocket your sales! TikTok just introduced a brand new credit card installment payment option for your TikTok Shop! This means your amazing customers can now enjoy the flexibility of paying for their orders over $50 in installments, with no interest or extra fees. It's a win-win! Here's what you need to know: - Faster Checkouts, More Sales: This convenient payment option lets shoppers breeze through checkout and snag your products with ease. - No Impact on You: You'll still receive full payment upfront for every sale, regardless of the installment plan chosen. Plus, late payments from customers won't affect your earnings. - Flexible Payment Options: We're committed to creating a smooth shopping experience for everyone. This new feature caters to both you and your customers! #TiktokShop #TiktokShop Ads #Buy Now Pay Later#Chrismas

TikTok Shop: Why It's the Next Big Thing in 2024 Folks, TikTok Shop is changing the game for shopping online, Let me show you some undeniable proofs: 👉 Your products show up when people aren’t even looking for them specifically. More eyes on your stuff! 👉 TikTok is throwing in things like cheaper shipping and discount codes, making it an attractive marketplace for both sellers and buyers. 👉 Despite problems like fake products and credit card scams, TikTok's rules help out by dealing with bad payments without blaming the sellers. This shows they really want to make a safe place for buying and selling. 👉 Prices for using TikTok Shop are only rising. Right now, it’s cheap to sell (just 2% plus 30 cents per sale), but starting July 1, 2024, it’s going up to an 8% flat fee. It's growing and going big! The sooner you join, the more ahead you will be!

Let's explore the different types of refunds you may encounter when #shopping on TikTok. 1️⃣ Returnless Refund: Sometimes, the seller will issue your refund without asking you to send the item back. This often happens with custom-made products or items that cannot be resold due to specific reasons. 2️⃣ Partial Refund: In some cases, the seller agrees to refund only a portion of the total amount. Sellers must adhere to legal #requirements and ensure fairness in their partial refund policies. 3️⃣ Full Refund: You'll receive the #entire amount you paid for. A change of mind, sizing issues, product defects, or discrepancies between the product #listing and what you received are all reasons enough to apply for it. With these refund options in mind, you can shop on #TikTok Shop with confidence, knowing you can act in case anything doesn't go as planned. Happy shopping! 🎉💳 #TikTokShop #RefundOptions #HappyShopping

What’s New? TTS Enhanced Seller Protection TikTok Shop has just made some major improvements to seller protection, and I'm here to fill you in on the details! These updates are designed to make your selling experience smoother and give you extra peace of mind. Here’s a breakdown of what’s new: What’s in it for you? Smarter Refund Management: Say goodbye to unnecessary losses! TikTok Shop will now automatically reject refund or return requests that don’t meet the required criteria. They’ll even consider the customer’s history when making decisions. No More Risky Buyers: The platform is tightening up on users who frequently cause problems with refunds or returns. That means less stress for you and fewer headaches! Proof-Backed Refunds: Refund requests will now require solid proof, ensuring a fairer process for everyone involved. Say Goodbye to Abusive Feedback: Abusive or irrelevant feedback will be filtered out, so your seller metrics will truly reflect your excellent service. Extra Time for Refunds For High-Value Orders: If a refund request exceeds $100, you’ll have up to four business days to review it—a welcome extension to make sure everything is handled correctly. Longer Decision Window for Undelivered Returns: The auto-decision period for undelivered returns has been extended to 30 days, giving you more time to resolve any issues. TikTok Shop is stepping up its game so you can focus on growing your brand with less worry about these little details. Want to learn more? TikTok has resources available to help you keep your shop secure and protected. So go ahead, sell confidently—TikTok has your back! #TikTokShopSellerProtection #TikTokShopUpdate #TikTokShopNews #TikTokShopSellerCommunity #TikTokShopSellerSupport #TikTokShopSuccessStory #SellOnTikTok #TikTokShopTipsAndTricks

TikTok Shop just gave high AOV brands a major boost! Interest-free credit card installments are now available for users on orders over $50. 🔥 We've seen a significant increase in brands with AOV >$100 succeeding on TikTok Shop recently. The new installment payment option is set to dramatically increase conversion rates for these brands. Here are five brands with AOV >$100 that achieved over $1M in GMV in the last 30 days. This level of success wasn't happening a few months ago. TikTok is pressing all the right buttons! Best of all, the credit card installment payment option comes at no cost or fees to brands. It's a no-brainer. P.S. Struggling with your TikTok Shop growth? DM me “TTS Boost”. #TikTokShop #Ecommerce #SocialCommerce #DigitalMarketing #SalesStrategy #RetailInnovation #TikTokForBusiness #OnlineShopping #MarketingTrends #BusinessGrowth

🚀 TikTok Shop is growing at lightning speed in the U.S.! 🚀 In just a few months, TikTok Shop's revenue surged from $0.4B in June 2023 to a projected $17.5B by the end of 2024! 📈 With this kind of exponential growth, the opportunity for sellers and businesses is MASSIVE. 💼 Whether you're a seasoned seller or looking to break into e-commerce, now is the time to tap into the power of TikTok Shop! 🔥 Let's take advantage of this momentum and grow together! Want to know how to get started or scale your store? Let's connect! 🤝 #TikTokShop #eCommerceGrowth #OnlineBusiness #SellOnline #TikTokMarketing #BusinessOpportunity #EntrepreneurLife

TikTok Shop sellers can receive faster payouts based on the shipping performance / shop health, as soon as 1 day after an order is delivered. Super efficient for cash flow. https://lnkd.in/g8bTgmcS

Calculation formula on TikTok Shop Referral Fee is a service fee charged on successfully paid and delivered orders in TikTok Shop. If the entire order is canceled/ refunded/returned, the referral fee will be returned. In cases of partial refunds, the fixed $0.30/order will not be refunded as the order still exists with a value above $0.01 Referral Fee = Referral Fee = 2.0% *(Customer Payment + Platform Discount) + 0.30 USD per order Currently, all sellers will benefit from the referral fee promotion #tiktokShop