Monthly Archives: August 2021
Posted: August 13, 2021Categories: Blog
When 1 in 3 of all items bought online are returned, you want to make sure the retailer you’re buying from can be trusted. In fact, returns have become a huge challenge for eCommerce businesses, with Financial Times reporting that unwanted parcels cost retailers in the United Kingdom approximately £60 billion a year.
A major reason for that huge number will be that 19% of consumers deliberately order multiple variations of a single item (such as different colours and sizes) to choose their favourite and return the rest. When 20% of retailers say that they’d increased the cost of their prod