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How to Improve Your eCommerce Returns Experience!

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Build A Business, eCommerce

Expectations versus reality. It’s not only one of the internet’s biggest memes, it’s a truth that every online shopper faces at some point in the buying journey.

The decision to purchase online still hinges upon the ability to return an item, or if a store’s refund policy is acceptable. According to new research by our friends over at Canada Post, less than half of the top 200 online retailers in Canada provide a returns experience that consumers expect!

Why You Need an eCommerce Returns Strategy

eCommerce Returns, eCommerce, eCommerce Returns Experience, Canada Post

In Canada, 30% of shoppers online made a return in the last year, and on average returned 2.7 items in the past year. This friction isn’t just a nuisance for shoppers, it cuts into your profits.

Increase Loyalty by Easing Minds

18% of shoppers will abandon will abandon purchases if they have concerns with your return policy. To make things worse, once those shoppers have a negative experience 33% of them won’t return to your store.

How to Create the Ideal eCommerce Returns Experience:

eCommerce Returns, eCommerce, eCommerce Returns Experience, Canada Post

We always encourage retailers to accept online returns, in-store! You can read more from Matt Bertulli, our CEO, on why in-store returns are a great sales opportunity here.

Mind the Free Shipping Gap!

eCommerce Returns, eCommerce, eCommerce Returns Experience, Canada Post
One of the biggest gaps that Canada Post found in their research is the gap between shopper’s expectations of retailers to offer free returns versus what the market offering is. They found that 84% of shoppers view free returns shipping as a critical driver of the ideal returns experience, yet only 22% of Canadian online retailers offer free returns by mail.

But – in some situations, shoppers are willing to share the expense of returns. Canada Post found 30% of shoppers are willing to pay for returning items if the shipping costs are reasonable. And – we understand that as a merchant, free-shipping isn’t ideal. If not executed properly free shipping could be costly to your business, that’s why we created a quick guide to setting your free shipping minimums.

Turn Returns into Your Competitive Advantage.

Download Canada Post’s free whitepaper for more insights on eCommerce returns and learn how to turn your returns strategy into a competitive advantage, by clicking here or the button below.

Click to Download!

*All insights pulled from Canada Post’s 2016 Canadian Online Shopper Study, CPC 16-202, April 2016

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