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Podcast: Inside Commerce: Ecommerce Strategy, CX and Technology Podcast
Episode: EP183: Loop Returns Co-founder on Doing Ecommerce Returns The Smart Way
Description: Returns suck! They represent lost revenue and reverse logistics adds cost and can also impact sustainability. Returns have been rising in the past few years, IMRG found thatΒ a quarter of all consumers return between 5% and 15% of the items they buy online. Your returns strategy can also impact sales: many shoppers check the returns policy before placing an order, with 40% saying they will not order a product unless the returns period is at least 30 days.
The good news? The technology has rapidly improved, with several specialist returns solutions available to merchants to automate returns management and implement a...