The best way to reduce the cost of returns is to prevent them from happening in the first place. You can do this by providing clear product descriptions and photos, offering accurate sizing information, and ensuring that customers know all return policies before making a purchase. By taking these steps, retailers can help reduce the return cost and create a better experience for their customers.
As the cost of returns continues to rise, retailers must reevaluate every aspect of their reverse logistics process. The experts atsay that retailers can leverage their current inventory for better planning and capital utilization through quicker returns recovery. By streamlining the return process and making it more efficient, retailers can save money and time while reducing the environmental impact of returns.