Around the Workstand
Around the Workstand is our podcast where we discuss the work done here at Workstand. Workstand is the only all-in-one commerce solution built exclusively for local bike shops. Our technology powered the ecommerce revolution for the IBD channel and is trusted by one out of four shops. Every subscription includes an optional point of sale at no extra cost. Workstand helps local bicycle retailers leverage the power of our industry-leading data network to run a more efficient business and expand sales opportunities.
We offer the most complete catalog of product data, including images and descriptions, expanded sales potential, and improved efficiency for both retailers and suppliers. Included drop shipping and brand marketing partnerships to build powerful relationships.
To complement our software services, Workstand is also a complete digital marketing partner. We work with over 400 bike shops, including many of the nation’s largest, offering website maintenance, Google Ads, SEO, graphic design, custom websites, and more.
Contact us anytime for more information: podcast@workstand.com
Around the Workstand
How to limit fraud and protect your business while supporting sales and your team. Also, happy 2024!
Welcome to a new year! It’s the beginning of our 25th Anniversary as a company.
Fraud is a constant topic of concern for our merchants. Just because Christmas has passed doesn’t mean there isn’t still potential for chargebacks related to those sales. Coming out of a heavy holiday sales season, let’s look at how you can protect your business without losing too many sales going forward. How can you document your processes and support your team in a way that ensures the best chance of dealing with fraud effectively?
Here's our Limiting Fraud Help Center Article
- Common types of fraud
- Stolen cards/card numbers
- Returns of altered products
- Friendly Fraud - it isn’t really
- Understanding the landscape and the risk - it’s not all bad, almost all transactions are legitimate
- How your ecommerce setup can help or contribute to fraudulent transactions
- Just because an order makes it through Stripe, PayPal, or any provider doesn’t mean it is guaranteed to be a legitimate transaction
- What to look for in orders that should make you suspicious
- What to do if suspect an order is fraudulent
- Google the address
- Call the phone number
- Orders for pick up in-store can be fraud too
- Process for verifying orders/identity
- Document and display your procedures
- Support your staff if you want them to support you
- Credit card processor/gateway fraud measures and notifications vs Workstand’s own efforts
- Merchants are ultimately responsible and left holding the bag
- Ask for help. There is nothing we or any provider can do to prevent 100% of the fraud or guarantee an order is legitimate but we will review orders with you, and share insight based on our experience.
- Tech Tip: Determine your procedures for dealing with fraud and document it. Train your team on those procedures and support them in dealing with customers. Remember, they may be dealing with brazen criminals and that isn’t easy. If they don’t feel like the owner and management have their back, there isn’t much incentive to uphold the procedures.
- What’s coming up next? What’s new for 2024? Our marketing packages have been enhanced to deliver more value, new Google local ads management package
Be sure to email your questions to podcast@workstand.com. We read all emails sent and we look forward to hearing from you.
If you're a Workstand client with questions about your subscription, email support@workstand.com or call 303-527-0676 x 1. If you are not currently a Workstand client with questions about how our programs work, email info@workstand.com.
Find Us on LinkedIn
Ryan Atkinson, President + Co-Owner
Suzie Livingston, Marketing + Communications
Mark Still, Business Development
We also publish Around the Workstand on our YouTube channel if you'd like to watch while you listen. Here is our Around the Workstand playlist.
If you have any questions about the topics discussed in this episode of Around the Workstand or if you have ideas for new topics we can cover, schedule a time to meet with Mark Still here or email mark.s@works...