Retail Returns: The Key to Driving Business Growth
ToolsGroup
AUGUST 1, 2022
Reports indicate that returns are higher when products are sold online, with an average return rate of 30% for ecommerce purchases, in comparison with 10% for brick-and-mortar sales. Reverse logistics company Optoro estimates returning a $50 product costs retailers $33 in processing fees–or 66% of the item.
Let's personalize your content