On the heels of the frenetic peak holiday rush, it can be easy to forget what comes immediately on its heels: returns season. The National Retail Federation estimated that of the $1.29 trillion in U.S. online retail sales in 2022, $212 billion (or 16.5%) in merchandise would come back.
How you prepare for those returns — establishing policies and processes and choosing which returns channels to offer — can make all the difference in preserving your margin and retaining loyal customers. The good news is there are several things you can do now to make this year’s January returns run smoothly.
Thanks to generous returns policies implemented during the pandemic, customers have high expectations and strong opinions about the returns experience — views that any holiday seller should consider when developing a post-holiday returns process that serves both the business and its customers. It’s all about offering a fast, convenient and secure returns experience.
Especially when they buy online, consumers want to be assured that if a purchase doesn’t work out, they can reverse it without too much hassle. They have clear ideas on what that returns experience should look like, often shaped by the expectations of online shopping.
Here’s what the research tells us shoppers want:
Right now, third-party drop-off locations are consumers’ most favored return method, according to returns software firm Narvar. Top reasons they cite are cost, lack of need for repackaging and distance.
But savvy retailers are reading the trends and adding a new returns option that’s even better than nearby drop-off spots: crowdsourced returns pickup.
Just like ultrafast delivery to homes, a market that’s growing at a 15.2% compound annual growth rate, crowdsourced pickups are emerging to satisfy consumers’ cravings for speed, convenience and control. Narvar found that 30% of consumers, regardless of their geography (urban, suburban and rural) will “probably” or “definitely” use home pickup if it’s made available for the same price as other return methods. At a time when paying for ultrafast home delivery is becoming second nature even for a low-ticket item like a taco dinner, returns pickup fees will become an increasingly easy sell.
With the Roadie crowdsourced returns pickup solution, you can offer the ultimate in speed, convenience and control — while also helping your business.
With Roadie, you can offer customers a returns pickup the next day, the same day or even within two hours of their request. You can also offer narrow pickup windows and real-time alerts so that customers know when the driver is coming and can ensure deliveries don’t sit unattended for too long. Drivers can even pick up big, bulky or oversized items that cost a lot to return via parcel carriers. And Roadie’s solution does not require packaging, not only eliminating what consumers consider a major hassle, but also supporting sustainable business practices.
Crowdsourced pickup of returns from a customer’s doorstep not only makes your return policy stand out from your competitors by offering the most convenience; it also saves your margins. By making it so easy, you encourage fast returns, and that means you can get that merchandise back on the market faster, when it retains the most value.
With Roadie, you can also take advantage of our clustered returns pickup algorithm, lowering the cost of each returns pickup since the same driver makes multiple, planned stops. Predictable costs and flat-rate pricing for more than 29,000+ ZIP codes means you can scale returns pickups up or down with demand.
A fast onboarding process and easy-to-use portal means you can have crowdsourced returns up and running well before this year’s returns season begins. Prominently featuring this convenient option in your returns policy can be just the thing to turn an idle cart into a completed transaction.
The Roadie network of 200,000 independent drivers puts 97% of U.S. households within reach, enabling you to stand out from the competition with the fastest, easiest returns process. Adopting these consumer-friendly strategies and adding crowdsourced returns pickup makes consumers more interested in doing business with you — today and in the future. Reach out to Roadie today to make this post-holiday returns season smooth and customer-friendly.