AI-powered delivery date estimates to boost conversion
Give shoppers peace of mind and protect and grow your bottom line
Personalized tracking experiences to build brand loyalty
Returns and exchanges management to mitigate fraud and reward best customers
Proactive communication to drive customer lifetime value
Delivery claim management to tackle fraud and build trust
The returns process is vital for building brand loyalty and maximizing customer lifetime value (CLTV), as 84% of shoppers say they would abandon a retailer after a bad returns experience.
However, some of the most-coveted customer experience perks are at odds with the most-critical business objective: profitability.
For example, bad actors are taking advantage of lax, customer-friendly return policies as a way to commit fraud. In 2023, return fraud contributed to $101 billion in retail losses, with retailers losing an average of $13.70 for every $100 in returned merchandise.
How can brands offer an exceptional returns experience without sacrificing profitability?
Personalization.
This whitepaper and webinar explore how best-in-class omnichannel brands are leveraging hyper-personalization to offer a great returns experience while protecting themselves from the financial strain of return fraud.