Insight / Blog

Retailers risk missing an online returns opportunity


Posted on 4th January 2024

Summary: CCO Mike Richmond weighed in on the online returns opportunity in the Future of E-commerce Report published by The Times



During the ecommerce boom, retailer strategies focused on maximising growth and customer acquisition – with free returns given as an incentive to draw customers in. However, as sales start to stagnate, costs continue to rise and return rates stay high within the UK, retailers need to make returns as cost-effective as possible.  

Interviewed by Raconteur, our CCO Mike Richmond weighed in on the online returns opportunity in the Future of E-commerce Report published by The Times.

Grow volume & cut costs

Get in touch with our team to discuss how we can help you become more efficient in the first and last mile.

Get in touch

Related articles

How 3PLs Can Cut Costs, Reduce Waste and Boost Revenue With Smart Returns Management

3PLs should take advantage of returns to help reduce cost, efficiently manage warehouse resources, and aid growth.

Saving profits and the planet: 4 ways to sustainable & cost-effective returns 

Returns drain profits and damage sustainability. Luckily, retailers can implement both cost-effective and sustainable returns using these 4 ways.

Return fees or free returns: why not both?

Debates between return fees or free returns miss the bigger picture: how to address the root issues of returns.

Sign up for our newsletter to stay on top of the latest industry trends, challenges and solutions.

Required

Doddle needs the contact information you provide to send you our monthly newsletter. You may unsubscribe at any time. Doddle will not sell your information to any 3rd parties. For more information, please review our Privacy Policy.

Wrong value for the component.
Required
Wrong value for the component.Wrong value for the component.Wrong value for the component.
This field is for validation purposes and should be left unchanged.