I watch shark tank on youtube. An entrepreneur was on with his invention and, when asked how he would spend the investment, replied that he would do infomercials. Barbara Corcoran, the other female shark with Lori Greiner, who wasn't on this particular episode, mentioned that she had sold products on QVC USA and the regulations put in place by the channel are quite tough and rigorous. Any products which are returned, or don't sell, are returned to the supplier AT THEIR EXPENSE! So it is costing the Q nothing for the shipping back to them. Ms Corcoran implied that getting a product on to QVC isn't such a dream achievement, and QVC ensure they don't lose out financially, as the supplier is the one taking all of the risk. I wonder if the same guidelines are implemented by QVC UK? The 30 day mbg is extremely important to me, and is the reason I would prefer to buy from the Q, than elsewhere. Does it really bother the Q, how many people utilise the mbg, cos it is no worse off? This does elicit some sympathy from me, especially for those untried product suppliers. I wonder what they do with the stock, once the Q has dumped it back on them? QVC is THE big player in tv shopping and, consequently, can move the goalposts and dictate it's terms, as the seller feels they have a great opportunity, getting on the Q, that they will go along with whatever the Q demands. Having said all that, it is business and profit is paramount. It does not seem as if the whole procedure of getting your product on QVC is an easy one but, if you are successful, it could be a very lucrative one.
I suppose the difference financially between returning a Dyson, for example, and, say, something like Munchy Seeds is, comparitively, huge. Dyson is an international company and will be able, therefore, to bear the loss; MS would find it a lot more difficult to weather it, being only a fraction of the size.
It makes you think, perhaps we should consider this before ordering an item which we know we may decide to return, because it is unwanted.
Food for thought.
I suppose the difference financially between returning a Dyson, for example, and, say, something like Munchy Seeds is, comparitively, huge. Dyson is an international company and will be able, therefore, to bear the loss; MS would find it a lot more difficult to weather it, being only a fraction of the size.
It makes you think, perhaps we should consider this before ordering an item which we know we may decide to return, because it is unwanted.
Food for thought.