What to do: Contact HMRC for advice on how to
Prom Dresses From Overseas Auction Sellers Five Things You Need To Know
Browse online auction sites and you're sure to be amazed by the number of bargain prom dresses being advertised. However many people fail to factor in shipping charges, vera wang love collection customs duty and VAT before purchasing a gown and end up with a prom dress which costs more than they expected. In addition to this, buying overseas may make it harder to get a refund if you receive a gown that does not match the description.
The purpose of this article is to highlight some of the things to bear in mind when buying prom dresses from overseas auction site sellers.
1. They may be making money on the shipping charge, not the purchase price
Does the price of the gown seem too good to be true? Many sellers offer a very low price on prom dresses and make their money from charging very high shipping charges. They do this because they know that many consumers will focus on the purchase price, treating the shipping price as an incidental cost. In some cases, by the time you've added on shipping costs, you can end up paying more than three times as much as you expected.
What to do: Many people focus on the bargain purchase price and try to put the postage price out of their mind. When ordering a prom dress from overseas the cost of shipping becomes part of your cost of purchasing the item. Always check the postage price and calculate the total amount that ordering this dress will cost you before making the decision to buy.
2. Overseas Prom Dresses will cost you 30% more than you think
If you're importing a prom dress into the UK from a county outside of Europe you will be charged VAT and Customs Duty by HMRC if the amount you pay (for the item, shipping included) is over ?0. VAT and Customs Duty are calculated based on the shipping and purchase cost. Once added on these taxes will normally increase the price of prom dresses by around 30%. This means if you pay ?0 for the dress and ?0 for delivery the total you will end up paying will not just be ?20, it will be close to ?60.
What to do: Contact HMRC online homecoming dresses for advice on how to work out the VAT and customs prom dresses attract.
So let's say you receive a gown and wish to return it. What are your options with regards to prom dresses which don't fit or dosn't meet their descriptions?
3. It will cost you money to return gorgeous homecoming dresses the Dress
If the seller agrees to let you return your prom gown then don't forget that you'll be the one who has to pay out for international postage to send it back to them.
What to do: Ensure that you bear this risk in mind when purchasing your gown.
4. You may find UK law unenforceable
What happens if the factory refuses to allow you to return an item? If you were buying from a UK seller you have the options of contacting Trading Standards or taking the seller to small claims court. However, while UK law is enforceable in the UK, you may find it very difficult to enforce if you've bought prom dresses overseas.
What to do: Be aware of the risks involved; vera wang style the greatest protection you have are therefore the threat of negative feedback or using a protected payment method.
5. Raising a dispute may not be successful.
If worse comes to worst and the seller won't refund your money for a dress which doesn't match the description then you have two options. You can either threaten the seller with negative feedback or (if you've used a secure payment method) you can raise a dispute. However do bear in mind that such disputes are often difficult to settle and it is by no means a guarantee that you will definitely get your money back.
Buying prom dresses overseas from online auction sellers not only has hidden customs and VAT costs, it also has inherent risks. Be aware that buying abroad often means paying high shipping costs, customs duty, VAT and can affect your ability to return an item with which you are not satisfied. With this in mind you will be in a position to make an informed decision about whether the costs and risks involved in buying from an overseas seller make it a good option for you
Where do you want to buy your Prom Dress, online or offline
When the prom season approaches, many girls start looking for the most beautiful dresses that fit them the best from many different places. It can be retail stores or online dress shopping malls. Which place has the best price and quality for a buyer convenience and budget?
Online shopping is a new trend since 2000. The annual growth rate is 11% every year. Traditionally, all girls have shopped red homecoming dresses for dresses at wedding shops, dress specialty stores, or department stores. They tried on the dresses and compared prices and styles. However, this traditional trend has rapidly changed. Here, I would like to analyze the merits and weak points of online and offline dress buying with a price comparison.
Before you decide to buy a dress, you will need to know the basic price structure of the dress. The true cost of a dress does not mean anything until all the expenses added before it can be sold to the customer as a retail price. Most physical stores have high extras such as the rent, employees?wages, utilities, insurance, etc. Those sums add up to at a least 30% increase from the original dress cost, which is from either the manufacturer or a wholesale store. For example, if the original dress cost is $100, the expenses would be around $30, so you are paying $130 for a $100 dress. Prom dresses are seasonal products from mid-March to before July, so business activity is confined to about half of the year. We need to add this seasonal factor into the retail prices. So, if the owner wants to pursue a 30% profit, the retail price will be $338 (Original cost $100 ?expenses 30% ?seasonal factor 200% ?profit 30%.) This calculation is totally hypothetical but also realistic. It can be vary per stores by stores. You may feel that retail prices are a bit higher and cannot be justified. However, if we carefully observe the nature of the prom dress business the profit margin is not that much because it is not spread out for the entire year. The pure profit of $338 dress is only about $39.
Compared to the offline dress stores, online dress stores have much less overheads. First of all, they are not physical retail stores, so they do not need to have pay rent. Less space needed, less employees, less burden on liability insurance, less maintenance cost compared to the physical stores add up to less overall expenses. Also, the strong point of an online store is its versatility of inventory. They can carry any product they want to sell, so can be less seasonal and have fewer inventories need to carry. If the dress cost is $100, the final retail price on the Internet mall will be around $220 (Original cost $100 ?expenses 15% ?seasonal factor 50% ?profit 30%.) The pure profit of $220 dress will be $52. Here we do not add extra expenses such as technical outsourcing cost, Internet advertising cost, etc, so the actual profit per dress will be decreased after those expenses are applied.
Everyone agrees that price is cheaper on the Internet. However, there are other factors you need to consider such as the availability of a dress, quality, design, etc. You can verify stock availability at the physical stores and online by simply calling them and asking. The main weakness of dress buying on the Internet is it lacks your immediate inspection on the dress by not allowing you to touch and see in front of you before you buy it. You are the person who must see the dress, and then you drive to the store and buy it. This is a great idea. Conversely, if you want to save time and gas, and would like to pay less money for your dress, you may want to try to buy it online. Many online stores provide you high quality customer services and a reasonable return policy. All transactions can be done by their merchant account. This can protect you from being hacked for your financial information.
You can buy great dresses from any place, but the trend is shifting from traditional dress shopping to the virtual stores that we all agree will continue as long as shoppers are looking for lower prices for their dresses.
Thank you for reading this article.