The Seller Code of Conduct forms the foundation for maintaining a secure and equitable environment within 316 Marketplace, benefiting both sellers and customers. It is imperative that you conduct your Marketplace business with honesty and adhere to the Seller Code of Conduct. Failure to comply with this code or other platform policies may result in consequences such as the removal of listings, account suspension, or account termination. Below, you will find detailed information regarding the Seller Code of Conduct.
To uphold the Seller Code of Conduct, you are required to abide by the following policies:
Note: The information provided within this policy and related hyperlinks is for general informational purposes only and should not be construed as legal advice. Additionally, links to third-party content are not endorsed or warranted by 316 Marketplace, and reliance on such content is at your discretion.
Effective Date: 1/04/2024
316 Marketplace regularly evaluates the performance of all sellers to ensure a high standard of service for our customers. If your account fails to meet one or more of the performance standards outlined below, you will receive notification via email along with recommendations on how to rectify the issue. Failure to take immediate action to address or improve your performance may lead to the suspension or termination of your account.
Please continue reading to familiarize yourself with the standards you are required to uphold.
There are five key performance metrics that comprise Seller Performance Standards:
Performance Metric | Definition | Seller Standard | Learn More |
---|---|---|---|
Cancel Rate | The percentage of orders cancelled after receiving the order from 316 Marketplace. | Maintain a rate of < 2%. | Review our Shipping & Fulfilment Policy for more details. |
On-Time Delivery Rate (OTD) | The percentage of orders delivered on or before the Expected Delivery Date. | Maintain a rate of > 95%. | Review our Shipping & Fulfilment Policy for more details. |
Valid Tracking Rate (VTR) | The percentage of orders with valid tracking information provided. | Maintain a rate of > 99%. | Review our Valid Tracking Number Policy and Requirements for more details. |
Refund Rate | The percentage of orders refunded for reasons the seller is responsible for, such as damaged or incorrect items. | Maintain a rate of < 6%. | Review our Refund Policy for more details. |
Seller Response Rate | The percentage of customer inquiries responded to within 48 hours of receipt. | Maintain a rate of > 95%. | Review our Customer Care Policy for more details. |
Pro Tip: It is your responsibility to review account performance and proactively improve performance metrics not meeting standards. You can view your performance metrics at any time via the Order and Fulfilment dashboard in Seller Centre.
A: You can view your performance metrics at any time via the Order and Fulfillment dashboard in Seller Center.
A: We understand there are issues outside of your control that may impact your performance data. 316 Marketplace monitors for severe weather, natural disasters, and fraud holds and will proactively monitor this data.
A: Violation of a performance standard may result in the termination of your account. Appeals will not be accepted for termination, and your product listings will be deactivated accordingly.
A: 316 Marketplace reserves the right to take action against sellers engaged in retail arbitrage, which includes purchasing a product from another online retailer and having that retailer ship the product directly to the customer. Such actions may include, but are not limited to, suppressing your listings from search results and withholding funds.
A: If your account is suspended and your suspension is appealable, you must submit an appeal along with a Business Plan of Action demonstrating your commitment to improving your performance. Find out what your Business Plan of Action must include by reviewing our Walmart Marketplace Seller Appeals Process.
Note: The information provided within this policy and related hyperlinks is for general informational purposes only and should not be construed as legal advice. Additionally, links to third-party content are not endorsed or warranted by 316 Marketplace, and reliance on such content is at your discretion.
To ensure a seamless returns experience for our customers in the United Kingdom and Europe, all sellers on 316 Marketplace must adhere to specified return guidelines. This policy outlines the necessary requirements and exemptions for returned Marketplace items.
A: No. Customers can request that initiated returns be cancelled by contacting 316 Marketplace Customer Care.
A: 316 Marketplace retains final authority to accept or decline any item that is eligible for return within the United Kingdom and Europe. Under no circumstance will 316 Marketplace accept the return of an ineligible item. Review a full list of non-returnable product types here.
A: Items that require assembly (e.g., indoor/outdoor furniture, grills, bicycles, etc.) must be fully disassembled and re-packaged prior to returning to a designated location.
A: If eligible, you may dispute charges for a customer return, a 316 Marketplace Customer Care refund, a package that couldn’t be delivered and has been returned to the sender, or for an incorrectly charged Referral Fee.
A: Sellers should consult their tax advisors regarding adjustments to their tax position relating to returns within the United Kingdom and Europe. Additionally, sellers can refer to the Marketplace Retailer Agreement or the Tax Collection and Remittance Policy Addendum for further guidance.
Note: The information provided within this policy and related hyperlinks is for general informational purposes only and should not be considered legal advice. Additionally, reliance on such content is at your discretion.
Effective Date:22/03/2024
As a seller on 316 Marketplace, it’s your responsibility to promptly address inquiries from customers and 316 Marketplace Customer Care. Familiarize yourself with the policy below to ensure your responses meet Marketplace standards, as failure to comply may result in account suspension or termination.
When you receive a customer or 316 Marketplace Customer Care inquiry via email, phone, or in your Seller Centre Inbox, you must send a high-quality response within 48 hours of receipt, including weekends and Additional Days Off or Operational Outage periods. If you receive a Better Business Bureau or Attorney General Complaint, a high-quality response must be provided within the first hour of receipt.
Pro Tip: Your Seller Response Rate, defined as the percentage of inquiries responded to within 48 hours of receipt, must be maintained at >95%.
Failure to respond within 48 hours may result in order cancellations, refunds, seller category restrictions, or account suspension.
Pro Tip: 316 Marketplace sends automatic emails to customers about their order status at every stage, eliminating the need for additional order or product status updates unless directly requested by the customer.
A: Respond to customers' requests for information about a product both before and after a sale. You may also receive customer communication forwarded by 316 Marketplace teams.
A: Even if an order cannot be cancelled or refunded, respond to customer inquiries promptly and explain why the cancellation/refund cannot be provided.
A: Toll-free telephone support must be offered to service 316 Marketplace orders. Live agents are preferred for Walmart Marketplace questions.
A: 316 Marketplace may take customer service actions for the benefit of customers, including cancelling orders, issuing refunds, processing returns, or making other adjustments.
A: If eligible, you may dispute a refund provided by 316 Marketplace Customer Care. Review Disputes Standards for more information.
NOTE: The information provided in this policy is for general informational purposes only and is not considered legal advice. Links to third-party content are included, and reliance on such content is at your discretion.
Effective Date: 22/03/2024]
Maintaining a Marketplace that customers can trust and one that complies with legal requirements is essential. All products listed for sale on 316 Marketplace must adhere to applicable local, state, and federal laws and regulations. Read further to understand which products are prohibited from selling on 316 Marketplace unless you obtain written approval.
While efforts are made to keep the policy current, all prohibited products may not be listed. 316 Marketplace may remove any listing without notice.
Numerous categories have unique requirements. Failure to comply may result in automatic publishing.
Num | Category | Prohibited Product and Description |
---|---|---|
1 | Alcohol |
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2 | Animals |
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3 | Art |
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4 | Artefacts and Antiques |
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5 | Auto and Motor Vehicles |
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6 | Autographs and Collectibles |
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7 | Baby Products |
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8 | Cosmetic Products |
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9 | Currency, Coins and Precious Metals |
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10 | Dietary Supplements |
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11 | Digital Goods |
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12 | Drugs and Drug Paraphernalia |
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13 | Electronics and Radio frequency Devices |
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14 | Food Products |
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15 | Funeral Products |
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16 | Hazardous Items |
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17 | Home Goods |
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18 | Intellectual Property |
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19 | Jewellery |
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20 | Medical Devices |
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21 | Medical Foods |
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22 | Native Products |
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23 | Offensive Content |
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24 | Explicit / Adult Content |
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25 | Sex Toys and Adult Novelty |
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26 | Inappropriate Content |
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27 | Intolerance |
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28 | Politics |
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29 | Violence and Tragedy |
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30 | Halloween Items |
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31 | Pet Foods, Supplements, Medicines and Other Products |
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32 | Plants and Seeds |
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33 | Plastic – Biodegradable |
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34 | Police and Law Enforcement Products |
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35 | Recalled Products |
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36 | Restricted/Illegal Products |
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37 | Software |
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38 | Textiles and Apparel |
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39 | Tickets |
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40 | Tobacco, E-Cigarettes and Vaping Products |
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40 | Weapons |
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40 | Air Powered Guns, BB Guns, Toy Guns, and Imitation Firearms |
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Certain categories, such as fragrance and luxury brands, require pre-approval from 316 Marketplace before listing.
A: Use the provided mechanism to report prohibited products.
A: Review the Trust and Safety Policy for information on appealing violations.
Note: Information provided is for general informational purposes only and not legal advice. Hyperlinks to third-party content are provided, and reliance on such content is at your discretion.
At Fulfilment By 316 (FB316), our priority is to maintain a trusted and legally compliant marketplace. This policy outlines specific products and categories ineligible for our fulfilment services.
All products listed on Fulfilment By 316 must comply with relevant local, state, and federal laws. We reserve the right to remove listings violating laws, policies, or our brand integrity. Non-compliance may lead to account suspension or termination.
Certain prohibited products may be approved for sale with written consent from your account manager and compliance experts.
This policy is subject to change without notice. Sellers are responsible for adhering to the latest version.
Sellers must comply with both the Fulfilment By 316 and Marketplace Prohibited Products Policies. Inconsistencies will defer to this policy.
For clarification on product eligibility, reach out to our support team on [email protected].
The information provided is for general informational purposes only and is not legal advice. F316 does not warrant, endorse, or assume liability for third-party content linked in this policy.
At 316 Marketplace, we prioritise providing a seamless shipping experience for our customers. To ensure consistency and reliability, all sellers utilising our fulfilment services must comply with the following policy requirements:
Required | Prohibited |
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At 316 Marketplace, ensuring timely delivery and maintaining high performance standards is crucial for customer satisfaction. To achieve this, sellers utilising our fulfilment services must adhere to the following additional guidelines:
Dispatch / Fulfilment Lag time | Date that the order must be shipped by |
---|---|
0 day | Same day dispatch |
1 day | Dispatch the next day |
2 day | Dispatch the day after next |
3 day | Dispatch within 2 days of purchase |
Please note : If an order is placed after the order cutoff time, an additional day is added to the fulfilment lag time.
Adherence to these guidelines ensures a smooth shipping process and contributes to a positive seller performance on 316 Marketplace.
Transit times represent the number of business days required for the carrier to deliver an order to the customer after it has been shipped. These times vary depending on your chosen shipping method and the supported region. As a Fulfilment by 316 seller, you have flexibility in selecting carriers and service levels to meet the specified transit times within each shipping method.
A: The order cutoff time is the deadline for receiving orders each day. If you operate multiple Fulfilment Centres across different time zones, it's essential to choose a cutoff time that optimises order processing across all facilities.
A: Yes, you can adjust your order cutoff time unless otherwise specified. By default, fulfilment centres have a cutoff time of 2:00 PM in the local time zone. Failure to configure the cutoff time may negatively impact your on-time shipping rate.
A: You can find a list of supported freight shipping carriers here and parcel shipping carriers here. We recommend using reputable carriers to fulfil orders on 316 Marketplace. Note that if you opt for small or regional carriers not integrated with 316 Marketplace, you may struggle to meet the 99% valid tracking requirement.
A: You have a window of up to four hours after updating an order to the "Shipped" status to edit the tracking number. Refer to the "Update Tracking Numbers" section in Seller Center for detailed instructions.
A: No, all orders must have a valid tracking number to ensure proper tracking and delivery. Stamps or pre-paid envelopes do not provide this tracking capability.
At 316 Marketplace, we are committed to complying with all applicable tax laws and regulations to ensure a transparent and seamless experience for both sellers and customers. This Tax Collection and Remittance Policy outlines our approach to tax collection, reporting, and remittance for transactions conducted on our platform.
By participating as a seller on 316 Marketplace, you agree to comply with all tax collection, reporting, and remittance requirements outlined in this policy. Failure to adhere to these obligations may result in penalties or account consequences. We are committed to supporting sellers in their tax compliance efforts and providing the necessary resources for a smooth and transparent tax experience on our platform.
Note: Information provided is for general informational purposes only and not legal advice. Hyperlinks to third-party content are provided, and reliance on such content is at your discretion.
At 316 Marketplace, we strive to maintain a fair and transparent platform for all sellers to conduct their business. The Multiple Seller Accounts Policy is established to ensure integrity, prevent abuse, and maintain a level playing field for all participants in our marketplace.
The Multiple Seller Accounts Policy is designed to maintain fairness, transparency, and trust within the 316 Marketplace ecosystem. Sellers are expected to comply with this policy to ensure the integrity and reputation of our platform. We appreciate the cooperation of all sellers in upholding these standards for the benefit of our community.
At 316 Marketplace, we are committed to maintaining a trustworthy and reliable platform for buyers and sellers alike. The Business Information Policy outlines the requirements and guidelines regarding the accuracy, verification, and confidentiality of business information provided by sellers on our platform.
The Business Information Policy is designed to ensure the accuracy, integrity, and confidentiality of business information provided by sellers on 316 Marketplace. By adhering to this policy, sellers contribute to the trustworthiness and professionalism of our platform, fostering positive experiences for all users. We appreciate the cooperation of all sellers in upholding these standards.
A: Yes, 316 Marketplace will inform you of any pending consequences and provide you with the opportunity to respond before the consequence takes effect. Notifications will be sent via Seller Center and to the contact information on file. Ensure your Seller Center profile is regularly updated to receive important messages.
A: You will receive an email to your primary business contact requesting certification of your information. Additionally, when you log in to Seller Center, you'll see a prompt to certify your information and make any necessary changes.
A: Never respond to emails from unknown addresses, as they may be phishing attempts. Remain vigilant against bad actors trying to obtain your business information. If you're uncertain whether a request is from 316 Marketplace, create a case with Seller Support through Seller Center.
A: Yes, all third-party Marketplace sellers who have earned $5,000 or more in gross revenue and have sold 200 or more new or unused consumer products on 316 Marketplace must certify their business information annually.
A: Verification typically takes around five to six days.
A: Yes, your business contact information and business name are visible on your seller page on 316 Marketplace.
A: Once you've submitted your business information, it may take at least 24 hours to reinstate your account. Additional verification may prolong the process.
A: You can update your business address, legal name, and tax-related information through your Tax profile in the Seller Center. For changes to your customer service contact, submit updates via the Manage Contacts dashboard in Seller Center.
A: Create a case for Seller Support through Seller Center. If you're not logged in, create a case through the Password or Other Access Issue section, selecting Inform Act Compliance.
Note: The information provided is for general informational purposes and not legal advice. Links to third-party content are provided, and reliance on such content is at your discretion.
As a Marketplace seller on 316, you pay a Referral Fee for each product you sell. This fee varies based on the Contract Category (Product Type) of your item.
The Referral Fee is a percentage of the gross sales of each product sold. It's determined by the Contract Category assigned to your items during the setup process.
The Contract Category corresponds to the type of items sold on the Marketplace. Each category has a different Referral Fee percentage.
Check your Payment Report in the Seller Center. The Contract Category column displays the category for each item, and the Commission Rate column shows the Referral Fee percentage.
Contract Category | Referral Fee Percentage |
---|---|
Apparel & Accessories | |
- Items ≤ £15 | 5% |
- Items between £15 - £20 | 10% |
- Items > £20 | 15% |
- Backpacks | 15% |
Automotive & Powersports | 12% |
Automotive Electronics | |
- Various categories | 8% |
Baby | |
- Items ≤ £10 | 8% |
- Items > £10 | 15% |
Beauty | |
- Items ≤ £10 | 8% |
- Items > £10 | 15% |
Books | 15% |
Camera & Photo | 8% |
Cell Phones | 8% |
Consumer Electronics | 8% |
Electronics Accessories | |
- ≤ £100 | 15% |
- > £100 | 8% |
Indoor & Outdoor Furniture | |
- First £200 | 15% |
- Over £200 | 10% |
Decor | 15% |
Gourmet Food | 15% |
Grocery | |
- Items ≤ £10 | 8% |
- Items > £10 | 15% |
Health & Personal Care | |
- Items ≤ £10 | 8% |
- Items > £10 | 15% |
Home & Garden | 15% |
Industrial & Scientific | 12% |
Jewellery | |
- ≤ £250 | 20% |
- > £250 | 5% |
Kitchen | 15% |
Luggage & Travel Accessories | 15% |
Major Appliances | 8% |
Music | 15% |
Musical Instruments | 12% |
Office Products | |
- Except Calculators | 15% |
Outdoors | |
- Except certain items | 15% |
Outdoor Power Tools | |
- ≤ £500 | 15% |
- > £500 | 8% |
Personal Computers | 6% |
Pet Supplies | 15% |
Plumbing Heating Cooling & Ventilation | 10% |
Shoes, Handbags & Sunglasses | 15% |
Software & Computer Video Games | 15% |
Sporting Goods | 15% |
Tires & Wheels | 10% |
Tools & Home Improvement | 15% |
- Except Base Power Tools | 15% |
Toys & Games | 15% |
Video & DVD | 15% |
Video Game Consoles | 8% |
Video Games | 15% |
Watches | |
- ≤ £1,500 | 15% |
- > £1,500 | 3% |
Everything Else | 15% |
Note: Total sales price includes item price, shipping, handling, gift wrap, and other charges. Lower Referral Fees may apply to specific categories, depending on the total sales price. These categories include Baby, Beauty, Electronics Accessories, Grocery, Health & Personal Care.
A: Yes.
At 316 Marketplace, we prioritise fair pricing to ensure a positive shopping experience for our customers. Our Pricing Rule is designed to identify and address offers that are uncompetitive or unfairly priced. Failure to comply with this rule may result in account suspension or termination.
Our Pricing Rule automatically unpublished offers from 316 Marketplace that are egregiously priced in excess of prices currently or recently offered for the same item on our platform, a competing website, or at a level that could be viewed as price gouging or other unfair practices. We review both the listing price and shipping fee to determine compliance.
If any offers are flagged by this Pricing Rule, they are automatically unpublished. Sellers are notified via email and in Seller Center. Alternatively, sellers can check the Unpublished Items dashboard or download an Item Report in Seller Center to identify affected items. The reason code "Reasonable Price Not Satisfied" is provided in the report.
Additionally, the Egregious Shipping Cost rule automatically unpublishes offers from 316 Marketplace if the associated shipping fee is considered unacceptably high. Offers with low prices and unreasonably high shipping fees are not eligible for Buy Box boosts or site search prominence.
In cases where an offer is priced substantially higher than on our platform or competing sites, but not at a level requiring automatic unpublishing, we may remove the Add to Cart button and offer details from the item page. This policy aims to protect both customers and Marketplace sellers.
A: If you believe your item was incorrectly unpublished, create a case for Seller Support and provide relevant information.
A: Review the Troubleshoot External Price Mismatches guide for assistance.
A: If prices change on monitored competing websites and your item now falls within the acceptable range, we will automatically republish the offer. Alternatively, you can proactively update your price to be more competitive.
A: Update your price to be more competitive, and allow up to four hours for eligibility reinstatement.
A: Update the shipping fee in your Shipping Template to be more competitive. When the shipping fee falls within an acceptable range, we will automatically republish the offer.
A: Yes, follow the instructions provided in the Appeal Suspension or Termination guide.
Note: The information provided is for general informational purposes only and should not be considered legal advice. Links to third-party content are provided, but 316 Marketplace does not endorse or assume liability for such content. Your reliance on external content is at your own discretion.
A credit card chargeback, also known as a charge dispute or credit card reversal, occurs when a customer disputes a charge with their financial institution after making a purchase on 316 Marketplace. Customers may dispute charges due to various reasons such as unrecognised charges, stolen cards, undelivered products, or defective/damaged items. This policy outlines 316 Marketplace's approach to handling credit card chargebacks.
According to the 316 Marketplace Retailer Agreement, sellers are responsible for all credit card chargebacks, except those resulting from credit card fraud, for which 316 Marketplace assumes responsibility.
316 Marketplace collects all necessary information for customer chargeback claims received from credit card companies. A chargeback claim may take up to 90 days to appear on statements from the date of dispute with the customer's financial institution. Some disputes may take longer. Since many claims are handled by credit card companies, there is no recourse for appealing their decisions.
NOTE: Credit card chargebacks that sellers are responsible for are offset against amounts owed to them.
A: A customer requests a refund either directly from 316 Marketplace or the seller. However, if a customer disputes a charge with their credit card company, the final decision is made by the financial institution, and chargebacks cannot be reversed.
A: Credit card chargebacks will appear in the Payment Report as refunds with reason code 5025: Customer Chargeback.
A: 316 Marketplace encourages you to take the following steps to prevent charge disputes:
NOTE: The information provided in this policy is for general informational purposes only and should not be considered legal advice. Links to third-party content are provided, but 316 Marketplace does not endorse or assume liability for such content. Your reliance on external content is at your own discretion.
As a seller on 316 Marketplace, adherence to the Seller Performance Standards and Marketplace Retail Agreement is crucial. Failure to comply may lead to account suspension or termination. This guide outlines the procedure for appealing a suspension if deemed eligible.
If your selling privileges are suspended, you'll receive an email notification containing the suspension reason, your appeal eligibility, and any additional actions required from you. If your selling privileges are terminated, Walmart is not obligated to provide a reason, and appeals will not be granted.
If your account suspension is due to failing to maintain Seller Performance Standards, follow the steps below:
Utilise the Order & Fulfilment Performance dashboard in Seller Center to review your performance metrics and understand why you failed to meet the standards.
Develop a written business plan of action outlining the performance violation and the steps you intend to take to rectify the issue. If you breached the Marketplace Retailer Agreement, detail the measures implemented to prevent future policy violations.
NOTE: Depending on the suspension reason, you may need to provide warehouse images, distributor or supplier invoices, and/or intellectual property documents in your appeal case. Failure to do so may result in appeal denial and further action on your selling privileges.
Once you've formulated a concise plan demonstrating your understanding of the suspension cause and proposed solutions, submit your plan by creating a case for Seller Support. Walmart Marketplace will contact you regarding the appeal decision. Appeals are handled and responded to in the order received.
NOTE: Submitting an appeal doesn't guarantee account reinstatement and implies your agreement to comply with the Seller Performance Standards and Walmart Marketplace Retailer Policies.
A: If your selling privileges are reinstated, continue following the steps outlined in your business plan of action to improve performance metrics and avoid future policy violations. Failure to improve may lead to a second suspension or account termination.
NOTE: The information provided in this policy is for general informational purposes only and should not be considered legal advice. Links to third-party content are provided, but 316 Marketplace does not endorse or assume liability for such content. Your reliance on external content is at your discretion.
At 316 Marketplace, we prioritise delivering products to customers in excellent condition while minimising environmental impact. This packaging policy outlines our expectations for packaging materials and practices to ensure consistency and sustainability across all sellers.
By adhering to the packaging policy, sellers on 316 Marketplace contribute to our commitment to environmental responsibility and customer satisfaction.
Promotional pricing serves as a tool to offer temporary price reductions for Marketplace items, lasting no more than 180 days. This article outlines the fundamentals of promotional pricing on 316 Marketplace, explaining its functionality and guidelines.
The Comparison Price, derived from an item's Was Price or List Price, acts as a reference point for determining strikethrough and discounted pricing on 316marketplace.com. To trigger a strikethrough, the promotional price must be at least 10% lower than the Was Price or List Price.
Promotions are item-level and cannot be tailored to individual customers, as per the Marketplace Retailer Agreement prohibition against marketing/solicitation.
This article serves as a comprehensive guide to understanding and effectively implementing promotional pricing strategies on 316 Marketplace.
The Under-performing Item Removal Policy outlines the criteria and procedures for identifying and removing under-performing items from 316 Marketplace. This policy ensures the maintenance of quality standards and improves the overall customer experience.
Matrix | Criteria for Removal |
---|---|
Sales Performance | Items with consistently low sales volume over a specified period may be flagged as under-performing. The sales volume threshold will be determined based on the item category and historical sales data. |
Customer Feedback | Items receiving a high number of negative reviews or ratings indicating dissatisfaction with quality, functionality, or other aspects may be considered under-performing. |
inventory TurnoverI | Items with stagnant inventory, remaining unsold for an extended period beyond the average turnover rate for their category, may be deemed under-performing. |
Compliance with Policies | Items failing to adhere to Marketplace policies, including inaccurate product descriptions, misleading information, or violation of intellectual property rights, may be categorised as under-performing. |
Return Rate | Items with a significant rate of returns compared to the average return rate for similar products within the same category may be identified as under-performing. |
The Marketplace platform continuously monitors item performance and compliance with established standards. Regular reviews are conducted to ensure the accuracy and effectiveness of the under-performing item removal process.
Feedback from sellers regarding the under-performing item removal process is welcomed and considered for continuous improvement. Marketplace policies and procedures are periodically updated to reflect industry trends and best practices.
This Under-performing Item Removal Policy aims to maintain quality standards, enhance customer satisfaction, and foster a competitive and trustworthy environment on 316 Marketplace.
The 316 Trade Seller Policy outlines the terms and conditions for sellers participating in the 316 Trade program on the 316 Marketplace platform. By participating in the 316 Trade program, sellers agree to abide by the rules and guidelines outlined herein.
The 316 Trade Seller Policy serves to establish the guidelines and regulations governing the participation of sellers in the 316 Trade program on the 316 Marketplace platform. This section outlines the objectives and aims of the policy, providing clarity on its intended function and scope.
By participating in the 316 Trade program, sellers acknowledge that they have read, understood, and agreed to comply with the terms and conditions outlined in this Policy.
Date of Last Revision: 22/03/2024
For interest, questions and clarifications regarding the 316 Trade Seller, please contact 316 Marketplace support on [email protected].
Understanding the various payment activities associated with your Marketplace account is crucial for managing your finances effectively. This guide provides an overview of the different payment activities you may encounter and how they impact your financial transactions on 316 Marketplace.
This guide serves as a general overview of payment activities on 316 Marketplace and may not cover all possible scenarios or specifics. For detailed information or assistance with specific payment-related inquiries, please refer to your Marketplace account resources or contact seller support for personalised assistance.
Payment activities encompass various actions related to the processing, handling, and distribution of funds within your Marketplace account. These activities can include:
Payment activities may occur due to various reasons, prompting account reviews and risk assessments by 316 Marketplace. These reasons can include compliance issues, customer orders, payment service provider issues, performance or risk reviews, shipping concerns, unusual transactions, or legal matters.
Payments are suspended during ongoing legal issues or cases on seller accounts. Once resolved and if no other payment activities exist, payments are released in the next payment cycle.
You can access your payment activities through your Marketplace seller account dashboard. Navigate to the "Payments" or "Financials" section to view detailed reports, statements, and transaction histories. Additionally, you may receive email notifications or alerts for significant payment activities requiring your attention.
Payment statements provide comprehensive breakdowns of your financial transactions, including order payments, refunds, fees deductions, and any other relevant activities. These statements typically include dates, transaction IDs, amounts, and descriptions for each activity, allowing you to reconcile your account and track your financial performance effectively.
A: Review the New Seller Payment Holds Policy for detailed information.
A: U.K and international sellers can create a case for Seller Support through the Payments & Adjustments section regarding missing payments.
A: Legal issues include Temporary Restraining Orders (TROs), litigation cases, and other cases requiring legal authority
A: A TRO is a legal order issued by a court to temporarily prohibit certain actions or behaviour, including selling counterfeit products or engaging in fraudulent activities.
A: A litigation case refers to third-party legal disputes filed in court against sellers, often involving breach of contract, intellectual property infringement, or violations of consumer protection laws.
A: Payment statements are usually generated on a regular basis, such as monthly or bi-weekly, depending on your Marketplace account settings. You can customise the frequency and format of your statements within your account preferences.
A: Yes, if you notice any discrepancies or inaccuracies in your payment activities, you can raise a dispute or contact Marketplace seller support for assistance. Provide relevant details and evidence to support your claim, and the support team will investigate and resolve the issue accordingly.
A: Yes, currency conversions may incur fees or exchange rate adjustments, depending on the currencies involved and the payment processing mechanisms used. Refer to your Marketplace fee schedule or payment terms for specific details on currency conversion charges.
Note: This information serves for informational purposes only and is not intended as legal advice. Sellers with legal concerns should consult their legal advisors.
The New Seller Payment Hold Policy outlines the conditions under which payments may be held for new sellers on 316 Marketplace. This policy is designed to ensure the security of transactions and protect both buyers and sellers from potential risks associated with new seller accounts.
The duration of payment holds for new sellers may vary depending on the specific circumstances and risk factors associated with their accounts. Holds may be lifted once the seller establishes a positive selling history, completes account verification, or resolves any outstanding issues.
The Marketplace platform conducts ongoing monitoring of new seller accounts to assess risk factors and ensure adherence to the Payment Hold Policy. Periodic reviews are conducted to adjust hold durations and criteria based on evolving marketplace dynamics and risk profiles.
Feedback from new sellers regarding the payment hold process is valued and considered for continuous improvement. The Payment Hold Policy undergoes regular review and updates to align with industry best practices and enhance security measures.
If you’re a new Marketplace seller, you’ll experience a payment hold after you begin selling to build sales history and credibility with customers. Keep reading to learn about this policy and how the timeframe works.
Your orders will be placed on a payment hold for a specified timeframe that varies by your country of incorporation.
Seller Region | Holding Period |
---|---|
U.K. sellers |
Payments for each of your shipped orders will be delayed up to 14 days until you meet both of the following criteria:
|
International sellers | Payments for each of your shipped orders will be delayed up to 21 days until you meet both of the following criteria:
|
A: Learn more about payment activities here.
A: You need to also receive £2,000 in your total payments from 316 Marketplace for the payment hold to be lifted.
Note: The information found within this policy and the related hyperlinks is for general informational purposes only and is not considered legal advice. This policy may contain links to third-party content, which 316 Marketplace does not warrant, endorse, or assume liability for, and your reliance on such content is solely at your own discretion.
We are committed to protecting the privacy and security of all individuals who use our platform, including buyers and sellers. This Privacy Policy outlines how we collect, use, and safeguard personal information in accordance with applicable laws and regulations.
316 Marketplace is not intended for use by individuals under the age of 18. We do not knowingly collect personal information from children without parental consent.
We reserve the right to update or modify this Privacy Policy at any time. Any changes will be reflected on this page, and users will be notified of significant updates via email or through the platform.
If you have any questions, concerns, or requests regarding this Privacy Policy or the handling of your personal information, please contact us at [email protected]
The Return Shipping Service Policy outlines the procedures and guidelines regarding return shipping for items purchased on 316 Marketplace. It aims to provide clarity and convenience for both sellers and customers in the event of product returns.
A: Sellers will specify return shipping instructions at the time of purchase and in the return process. If a prepaid shipping label is required, it will be provided to you by the seller or through the designated return shipping service.
A: In most cases, customers are required to use the provided prepaid shipping label or designated return shipping service. However, if the seller allows for alternative shipping methods, this will be communicated to you during the return process.
A: Refunds are typically processed promptly upon receipt of the returned item by the seller. However, the exact timeline for refund processing may vary depending on the seller's policies and the payment method used for the original purchase.
A: If you encounter any issues with return shipping, such as difficulty accessing or printing a prepaid shipping label, or if you have questions about the return process, you should contact the seller directly for assistance.
Note: This Return Shipping Service Policy is subject to change and may be updated periodically to reflect any revisions or amendments. Sellers and customers are encouraged to review the policy regularly for the most up-to-date information.