Are you a startup? Do you have an eCommerce store? Are you thinking of incorporating different payment modes such as COD for your customers? Hold on!
Some people tend to abuse COD. They might randomly order high-priced products and simply reject it when delivered.
COD is definitely a very smart way of channeling your customers to the sales funnel. But one of the main drawbacks of COD is returns, which doubles the shipping charge for the E-seller. Hence COD could be a little insecure when it comes to payment options.
However, we cannot deny the fact that COD is an effortless way to earn a wide range of customers. For instance, in India people prefer to see products physically before paying for it and few of the customers may not have…