Retail TouchPoints
MARCH 28, 2023
For many years, permissive returns policies have been the norm in ecommerce. retailers were revisiting their returns policies as of late 2022. Devising a new returns policy, then, entails managing a series of trade-offs that vary from one business to the next. Lenient returns policies make this effect even worse.
Groove
APRIL 18, 2024
It makes it easier to manage one or more retail stores in one place. This data-driven solution brings financial, logistical, and human resource data together to save you time managing your store. Set up order fulfillment and payment authorization. Add your store’s policies. You can use some of Shopify’s accounting apps.
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Retail TouchPoints
MARCH 6, 2024
Retail’s busiest returns period may be in the rearview mirror until next year, but rising ecommerce order volumes have caused returns management to become an aspect of ecommerce and omnichannel business that warrants a dedicated year-round strategy. Returns are a major cost of doing retail business of any kind, but especially online.
lateshipment
MAY 19, 2022
However, they become a logistical nightmare and a cost center only when they get out of hand in the absence of a proper returns management system. Therefore, you need to put in your best efforts to manage returns and make them a growth driver for your business. What is Ecommerce Returns Management?
lateshipment
DECEMBER 24, 2021
They seem a serious issue only when they get out of hand in the absence of a proper returns management system. Therefore, it is time to reiterate the importance of returns management. What is E-commerce Returns Management? E-commerce Returns Management Process: Best Practices. 20% of all e-commerce orders are returned.
Wiser
AUGUST 29, 2022
Most brands today are using what’s called a Minimum Advertised Price (MAP) policy to protect their business from resellers who could otherwise hurt their brand image, and profits, with too-low prices. Any experienced company knows how important a good MAP policy really is, both implementing it and enforcing it.
Retail TouchPoints
AUGUST 28, 2023
The Challenge of Managing Returns “Returns were a huge issue in 2022, and consumers are looking at return policies as a key component of their purchasing decision-making,” said Schwartz. BOPIS’ value increases even more after holiday shipping cutoff dates, when as many as one in three orders are fulfilled via BOPIS.
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