Product Returns
Itโs no surprise in the age of Amazon.com that shipping plays a major factor in purchase decisions. With 66 percent of online shoppers saying they look at a brandโs return policy before pulling out their wallet, nailing the returns process is now make or break for retailers. Here are three key factors to consider toโฆ
Nordstrom, which opens two โNordstrom Localโ concept stores in Manhattan this month, will accept product returns from rivals like Macyโs and Kohlโs in the new small-format locations, regardless of whether Nordstrom carries the same item. Returns can be a pain point for both the customer and retailer, and shoppers want a convenient way to dropโฆ
Online shopping has grown massively and shows no signs of slowing down. Whether for Christmas, birthdays or to treat yourself, there's no denying that the way we shop has changed. The convenience of browsing hundreds of jeans or sneakers online, the ability to buy something instantly, and the added bonus of free delivery and returnsโฆ
E-commerce is a land of high expectations. Customers not only expect but demand high-quality products, speedy delivery, and hassle-free return policies. Large public e-commerce sites have made these the standards to which all other brands must compete. So what happens to direct-to-consumer (DTC) brands that do everything in-house? They can't do one-day shipping, they can'tโฆ
Where some see Amazon.com as a competitive force to steer clear of, others see the value of playing nice. Kohlโs is one traditional retailer deciding to partner with the 800-pound gorilla, and having paved the path, you can be sure that others will follow. Kohlโs is now accepting unpackaged Amazon returns in its store, independentโฆ
With 87 percent of shoppers beginning their customer journey in digital channels, brick-and-mortar retailers need to invest in optimizing their e-commerce strategy. For most brands, online shopping presents new challenges, including ever-growing return rates. With customers unable to try on an item when they purchase online, shoppers order multiple of the same item with theโฆ
FedEx will offer pickup and drop-off services inside Dollar General stores, expanding the shipping companyโs reach in rural America. Memphis-based FedEx on Monday announced the alliance with fellow Tennessee company Dollar General Corp. The companies plan to begin adding FedEx services in more than 1,500 Dollar General stores by late summer and expand to more than 8,000โฆ
One of the downfalls that has come with the growth in e-commerce sales is the corresponding increase in product returns, particularly in certain categories such as apparel and footwear. It makes sense. Without the ability to touch, feel and try on a product before making a purchase like in-store shoppers have, one would expect returnโฆ
Itโs amazing how seemingly crazy ideas come to you when you least expect it. This happened to me recently while reacting to a tweet from retail analyst Andrew Busby. Andrew had commented on the news that ASOS, one of the largest U.K. online fashion retailers, had changed its returns policy. ASOS was effectively reserving theโฆ
Despite seeing record sales revenue recently, thereโs a concerning trend in online retail that could seriously impact future growth and success for merchants. Last year, nearly two-thirds of global consumers (61 percent) felt let down by their online shopping experience, up from 47 percent in 2017. This is an enormous percentage of unhappy customers thatโฆ