Does anyone have any idea on EValy business policy? Do you think is it a crime to stock the money of users for a while? is there any scam you can sniff?
But there are many differences in this security.
Neither I nor anyone around me saw any problems with Ivali. So far it doesn’t seem like a crime.
The second question has been asked, Do you think is it crime to stock the money of users for a while? I answered the question in my own way.
As far as we know, Every trader has a set of rulers here I think is just the rule of Evaly business policy.
As you can see, delivery comes three months after ordering at Evaly. Many people think that they take the profit by spending the money in the bank for so long. This idea is completely wrong. Because. Traders believe that investing money in the market without depositing money in the bank brings more profit.
Suppose a bike worth Rs 2 lakh is giving you Rs 1,60,000. They run a campaign/promotion. Where you think 60 bikes were sold. But the agreement with the company is that if they buy this bike for 100 hours, they will get this discount. Evaly runs another campaign the following month, catching up to 60 more sales. Now Evaly tells the company to deliver my goods.
Now that they deal directly with the factory, their intermediate profit/expense (dealer, showroom cost, staff salary) is sold.
Again it takes 10-15 days for the goods to reach from the factory to Evali. In this way, they spend three months delivering the goods.
Why put money before!
You bought the product from the general market after seeing the late shipment with the order and canceled the order given to them. Then they will lose.
The reason is that they are taking the money first, but they are buying the bike with your money and robbing the service charge and profit to give it in the middle.
This system is called group buying. If many people buy the same product at the same time, there is an advantage to take it at wholesale price.
It has been alleged that e-commerce company Evaly is cheating with customers in tactics. Delivery is expected to be made within 15 days after order through online but after waiting month after month, the desired product does not get. At the same time, many customers are suffering after paying money in advance for their desired product.
One of my acquaintances is big brother has ordered a motorcycle for him from Evaly but still, he does not get the ordered product and he paid RS 60,000 taka in advance payment in Evaly. Every day, customers are facing such harassment from Evaly. Their complaint is that Evelly never delivers the product on time. Even after waiting for three or four months, the customer is told that the product is not being delivered due to the stock being out.
They get huge amounts of commission by purchasing any product from mother company as their totat purchasing amount is way higher than some dealer or distributor combined. Then they reduced the price of the product by not taking the whole commission.
They take advantage of ecommerce system. I don't think they are doing any scam.
For example , if any dealer want to sell 5000 bikes. He needs to invest huge amounts of money taking loan, he will need huge space. He may need to hire salesman. But evaly is selling hundreds of bike just showing a single picture. It reduces cost. Evaly also deducted the commission from the mother company. As mother company give commission to retailer.
The only problem with evaly is delivery delay. As the offer is huge. They need to handle huge orders. It takes time. Another reason is they need to achieve the agreement target to get the high commission and give to the customers.
They take time to deliver the offer products but the scenery of regular price orders are different. They sent delivery on time.
But the regular price orders are less. People hope to get their offer products just like the regular orders. When they don't get that they call it scam.
evaly is a e-commerce platfrom that introduced some campaign that like cyclone offer cashback offer earthquake offer to attract people. some time the company offer a maximum of 150 percent cashback offer which is ultimate violation of competive business policy. To get maximum benefits from general customer have fallen into the offer trap of evaly. I aslo trapped evaly offer and purchers many products and some products delivered and some products still processing. that's the big problem ffrom user. at this momnet evaly mainly focus on sellers not general public. evaly promote sellers in its platform and consumer are able to be direct contarct with reseller. evaly does not manufactures. all the products sold in the evaly platform are sold by the seller.
the second question answered in my own way. Around 4 million registered customer's on the evaly. so when evaly offer going pepole purchase a products with huge discount and evaly term and conditions that campaign the products delivered within 7-45 day. some products delivered with that's time. but some products still processing method that the big problem from evaly. they stoke money from the user. but some time i think it's ok because when they offer 5 lakh taka bike 3 lakh taka it's fine. but there are many record from evaly they harrasment coustomer specially bike. many people think that they take the profit by spending the money in the bank for so long. this idea is completely wrong. because traders belive that investing money in the market with out depositing money in thw bank bring more profit. i watch in tv channel a talkshow when a presenter ask mr. russel CEO. of evaly how their business policy how they sell those products low amount and how they profit. mr rasel answer her a Walton company they manufactures tv fridge etc a walton company's have per year target sell their products. evaly take responsibility they fullfilled their target and they going to agreement with that company. and then evaly runs campaign. then evaly tells that company to deliver my goods. so that's why evaly spend some time 3 month 6 months delivering the products. the reson is that they are taking the money first.if many people buy same products at the same time there is an advantage to take it at wholesale price. so evaly becomes a billionaire cheating with customer in tactics.Delivery is expected to be made 15 days after order online, but the desired product does not get after waiting month after month. At the same time, many customers are suffering after paying money in advance for their desired outcome.Recently, a customer has ordered a motorcycle for his elder brother from Evaly, but still, he does not get the ordered product. He had to leave the house for this. The victim Faruq Islam, said, “Today I am homeless after ordering a bike for my elder brother in Evaly. I will not be able to go home until I get a bike. Please pray for me and say how I can get Hero Bike from Evaly.Every day, customers are facing such harassment from Evaly. They complain that Evelly never delivers the product on time. Even after waiting for three or four months, the customer is told that the product is not delivered due to the stock being out.It has been alleged that the company does not return the money directly to victims. It will be adjusted when the victim will purchase a product next time, which is an offense in the Consumer Rights Protection Act.
I don't sniff any conspiracy or plot, because if there was then government certainly would not have let them go during previous investigations made a few months back.
I got some information about their policy of Evaly. They charge customers for a product, keep it in stock for a certain period, and deliver the product to the customer with a good discount after a long time.
I don't think it's a crime because the buyer is aware that it may be delivered within three to six months before buying the product. Also, they get the product at a low price, and sometimes they get 50% or more discount or cashback. I think it’s really profitable for some buyers.
I am already aware of some scandals of Evely. Often, the product that the buyer orders and pays for is out of stock, so after waiting for a long time, they do not get the product. At this time, Evaly takes a long time to refund the cash. It seems very annoying to me.
In that case, my opinion is that if a product needs an emergency and is very expensive, it is better to avoid Evaly.
more efficiently domestically and globally. This study does not attempt to describe E-valy as a perfect business; rather it discuss the communication model, strategies for generate income,technology and ethics, and some important lessons that were carried out by E-valy to achieve success in this complex world of online trading. In this report, I examine a few key factors of E-valy’s success such as its specific marketing strategies, various challenges, its strong branding image, superior customer value proposition, better shopping experience, huge sales volume and economies of scale. As far as I know, Every trader has a set of rulers here I think is just the rule of Evaly business policy.
The second question has been asked, Do you think is it crime to stock the money of users for a while? I answered the question in my own way:
As you can see, delivery comes four or five months after ordering at Evaly. Most of the people think that they take the profit by spending the money in the bank for so long. This idea is completely wrong. Because I think Traders believe hat investing money in the market without depositing money in the bank brings more profit. Suppose a car worth Rs 6 lakh is giving you Rs 7,90,000. They run a campaign/promotion. Where you think 50 cars were sold. But the agreement with the company is that if they buy this car for 100 hours, they will get this discount. Evaly runs another campaign the following month, catching up to 60 more sales. Now Evaly tells the company to deliver my goods. Now that they deal directly with the factory, their intermediate profit/expense (dealer, showroom cost, staff salary) is sold.Again it takes 10-15 days for the goods to reach from the factory to Evaly. In this way, they spend three months delivering the goods.You bought the product from the general market after seeing the late shipment with the order and canceled the order given to them. Then they will lose.The reason is that they are taking the money first, but they are buying the bike with your money and robbing the service charge and profit to give it in the middle.
This system is called group buying. If many people buy the same product at the same time, there is an advantage to take it at wholesale price.
It has been alleged that e-commerce company Evaly is cheating with customers in tactics. Delivery is expected to be made within 15 days after order through online but after waiting month after month, the desired product does not get. At the same time, many customers are suffering after paying money in advance for their desired product.
The third question has been asked, is there any scam you can sniff ?I answered the question in my own way:
Fifteen buyers who ordered products between November 2019 and July 2020 complained that they did not receive the products or any refund even in October even though the company had promised to deliver the products within a maximum of 45 days.
Rampura Mahanagar project resident Md Saifullah ordered a Tk119,445 scooty but did not receive it even after the passage of 116 days.
It is a platform where people can purchase all kinds of goods from a single website. For some time I have been researching about Evaly business policy. Now and I have come across some exciting information. They collect money from the customer and stock it and use it later in another part of the business and the customer has to wait a long time for his product.
In many cases, the customer does not get the intake product and in some cases, the product does not reach the hands due to out of stock then the money is returned to the Evaly account so the buyer does not get the money in hand. It is a kind of crime.
I have a few ideas about its business policy. In Evaly website, they give attractive and alluring discounts at low prices from actual prices of the product in various ranges. That's why people are attracted to buy a product from Evaly. When a customer confirms the payment to buy specific products whatever he needs. After completing payment then Evaly provides a specific time to deliver a customer's products. Then Evely deposit the customer's money into their own account and use that money in different places. From that money, Evaly earn more profits and thus they can give discounts on different products.
Without permission, to store money of users is a crime but It is not a crime to keep the money for a certain period of time with permission. At the beginning of the purchase Evaly take permission to deposit money. But sometimes even after the deadline, they fail to deliver the products then keep the customer's money on Evaly's account. In this case, they are committing a crime by keeping the customer's money in their own account.
I don't sure they have a scam or not. From the place of doubt, now they are under government surveillance.
In Evaly business policy, the owners firstly have to order a bulk amount of product from the company from where he buys huge quantities of money with discount.After that he has to collect customers and show their products. Then customers have to pay full money and money goes to the evaly.One more challenge of theirs is delaying the product to the customers.Example: Evaly order huge amounts of freeze from company.Here suppose one freeze is 50k .But evaly offers fifty percent discount and customer have to pay full money 50k then rest money is spent for the next order of them from evaly. That is the business policy of Evaly that I understand.
I think the policy is not on the right path.Some customers have lost their money by ordering products from Evaly as they have stock out products and didn't back the money.on the other hand customers have to pay full money.But those who want product in discount and the agree of delaying product, they can prefer evaly.I think in e commerce site customers satisfaction is more concerned as I am a entrepreneur.Customers wants always their products reached at due time.delaying policy is not preferable I think and many of customers don't want to give full money by not getting their products.Here Evaly takes full payment and sometimes they says the product is stock out and don't back money.I think by this customer can be deceived in many ways and it is not confidential.
Every day, many peoples are facing this kind of harassment from Evaly. Their complaint is that Evaly never delivers the product on time. Even after waiting for three-four months, the customer is told that the product is not being delivered due to out of stock.
It has been alleged that the company does not return money directly to the victims. This will be adjusted when the victim will purchase a product next time.
I think, “We can see our money but we cannot take it.” That means the company is cheating on us.
From my point of view, if any company has such a policy, it won't be a crime to keep the money for a while. However, there are some arguments about Evaly. Although they have a 45-day product return policy, they often take 3-6 months to deliver the product. As per the reports, there have been some investigations on Evaly where the ministry has found them violating laws.
In Evaly ,their business policy is to give discounts to the customer and for that they follow some criteria. Firstly they select companies from where they get products for sell and buy product from them. Secondly they select customers and upload their products and prices. Thirdly, if any customer want to buy products they have to pay first and then product will be reached after few months then discounted money will be remained in the evaly by whis one customer can buy product again. For example, one customer wanted to buy e bike. Normal price is 5 lac but customer can buy it by 3 lac with discount. Here customers have to pay full amount and by the rest money he can sell another products. This is the main business policy of evaly.
This business policy is not appropriate i think. Here customers get products after a few months. For any business customer’s satisfaction is to get product in due time. But Evaly don't follow that path. Those who want to buy products in discount and agree to wait long he can buy products. Otherwise I think it is not secure policy there are so many failings and crime can be happened. Besides customer can be defeated by evaly business policy.
Its my personal thinking.
From my point of view, if any company has such a policy, it won't be a crime to keep the money for a while. However, there are some arguments about Evaly. Although they have a 45-day product return policy, they often take 3-6 months to deliver the product.
Here the communication start while the customer visit the website and order. After order he/she have select payment option. He/she can select cash on delivery or online Payment. After payment confirmation E-valy inform the seller feedback E-valy collect the product and bring it to their warehouse and then they pack it by their logistic system. After successful delivery payment has been done to seller if delivery is not successful then E-valy return the product. Sellers are urged to mention in their shops if any product is a duplicate/replica. Failure to do so will result in penalisation for that specific store and the seller will be held liable for any complaints regarding replica products by the customers. It could range from financial penalisation to the dismissal of the store from E-valy's platform. E-valy will ensure the return of products within 3 days from the customer's end if the customer faces the aforementioned difficulties. E-valy always looks out for the best interest of its users.
I think it's not a crime to stock the money of users for a while.Because thats there business policy and when customer order any product they also visit their website and also know their business policy. Still now, I think there is not any scam that I can sniff.
Every day, customers are facing such harassment from evaly. Their complaint is that evaly never delivers the product on time. Even after waiting for three or four months, the customer is told that the product is not being delivered due to the stock being out.So i think its have not a good business policy and also i think it can be a scam.
But many people confused about their business policy.I think, this is not like a crime.
Because when a customer wants to buy a product, they are given certain conditions.If a customer obeys all their rules then they sell the product to that customer.Here they do not force any customer to buy their product.
I'm not sure they have any scams. From the place of suspicion they are now under government surveillance.
Sometimes I go after confusion with evaly. How do they sell products at such a low price. Although the payment is taken long ago, which is why I think that as long as they keep the money, the profit that comes from that money is their business policy.So that I think it's not a crime to stock the money of users for a while.My personal opinion is that company can not be a scam.
I gathered some knowledge about "Evaly Bussiness Policy".
And this is when I am going to research about evaly business policy I saw that they take money from customer and delivered their product too late. But why this is?
Because my research shows that their business policy is the "Ponzi Scheme" policy.
What is the Ponzi scheme business policy?
The Ponzi Scheme is that-- they(Busines authority) took money from the first customer and take this money on their own and when the second customer buys any kind of product and pays for that, and that time the business authority gave the product of the first customer. But now the second customer is waiting for their product. When the third customer buys a product and pays for that, that time the second customer got their product. Also, the third customer is waiting for the product. At last, the business authority goes with that policy.
This is called the "Ponzi Scheme" policy.
But the question is what is the future of the "Ponzi Scheme" business policy?
Truly, the business will fall into a trap when the last customer buys a product and there is no other customer to buy products. At this time how business authority gave customers products?
This is the trap of the "Ponzi Scheme" business policy.
Do you think is it a crime to stock the money of users for a while?
Answer: Actually I don't say strictly it's a crime. Because when I bought any kind of product from evaly and there is some condition that I have to agree with this.This condition is about a delivery product after taking money from the customer. Like, they say that we will deliver our product within 10-20 days but it will may vary by some transport or weather or like others.And we will agree with that condition.
They stock money from customer it's a one kind of crime because many customer want to get their product with the right time but evaly has no fixed time to give their customers product.
And we also can not take action against them.
Thank you.