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10 Compelling Reasons New eCommerce Stores Need a Returns Portal

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If you’re spearheading an eCommerce operation, you know customer returns are part of the game. But how do you turn this challenge into a competitive edge? Enter the returns portal – a streamlined system not only demanded by modern consumers but also a pivot point for your efficiency and growth. From enhancing user experience to trimming operational costs, here’s a rundown of ten hard-hitting “reasons to have a returns portal” every new eCommerce store needs, setting the stage for improved customer loyalty and a healthier bottom line.

Key Takeaways

  • Automating returns processes is essential for scaling and satisfying modern consumer expectations, which demand convenience, speed, and transparency in the return experience.

     

  • An efficient returns portal enhances customer loyalty and trust, encourages repeat business, and gives firms a competitive advantage through optimized operations and improved customer experience.

     

  • Incorporating automated return systems contributes to sustainability, fraud prevention, and better business intelligence, enabling cost savings and informing strategic decision-making.

     

  • WeSupply’s 24/7 self-service portal simplifies returns, automates processes, and reduces customer service calls. Flexible options like in-store and curbside returns, along with a branded portal, enhance transparency and trust. Returns analytics offer insights to reduce return rates and improve products. Streamline returns and boost growth with WeSupply. Get Started with WeSupply Today!

Introduction: The Essential Role of Automated Returns in eCommerce

In the eCommerce world, manual return processes are becoming a relic of the past. Their inability to scale and meet the increasing volume of returns efficiently has rendered them obsolete.

In contrast, automated returns simplify the process for customers, making returns faster and more convenient. This in turn leads to higher satisfaction and retention.

Why an Automated Returns Portal is No Longer Optional

The modern market necessitates an automated returns portal. The practice of over-buying and returning unwanted items, known as bracketing, is a common behavior among 41% of customers. This requires an efficient returns system.

Businesses that lack an automated returns system risk falling behind in the market as consumer expectations for seamless returns grow. Hence, eCommerce businesses are turning to returns automation to maintain their market competitiveness and cater to growing customer demands.

Enhancing Customer Experience

A streamlined return process coupled with swift processing of refunds plays a vital role in guaranteeing customer satisfaction. But how do we achieve this? The answer lies in enhancing the customer experience through convenience, speed, and transparency in the returns process.

Convenience: 24/7 Self-Service for Hassle-Free Returns

Today’s customers crave convenience. They long for a 24/7 self-service portal that allows them to access information and resources such as FAQs, tutorials, and guides without the need to contact a customer service representative.

A self-service portal implementation can decrease the influx of support requests, enhance customer satisfaction, and nurture customer trust and loyalty.

With WeSupply, shoppers enjoy a hassle-free returns experience through a 24/7 self-service portal, catering to those seeking a frictionless eCommerce process. Customers gain complete control, initiating returns in just three simple steps, and have the option to return items to physical stores. Additionally, customer support representatives can manually review return requests, providing a seamless and convenient solution for all users.

Speed: Accelerating the Return Process for Swift Resolutions

Speed is another crucial factor that enhances the customer experience. Customers expect the return process to be efficient and swift; any delays can lead to frustration and a decrease in customer satisfaction. By optimizing the customer journey, businesses can ensure a smoother return process and higher levels of satisfaction.

Fortunately, the return process can be hastened via automated return systems, which generate prepaid return shipping labels, leading to quicker return shipments.

WeSupply accelerates the return process for swift resolutions, simplifying the experience with just a few clicks. Key features include:

These features provide a seamless and efficient solution for handling returns swiftly.

Transparency: Building Trust with Real-Time Return Status Updates

Transparency is key to building trust with customers. Good communication during the return process, including updates on the return status, contributes to a positive customer experience and can help build trust.

Providing precise delivery estimates and real-time order status updates allows for proactive management of customer expectations, decreasing the likelihood of dissatisfaction.

WeSupply helps build trust with real-time return status updates, enhancing transparency for customers. Key features include:

  • Returns Tracking: Customers can track the progress of their returned products and check the status in just a few clicks.
  • Delivery Notifications: Proactively inform customers about their order and shipping status to set realistic expectations, mitigate anxiety, and increase brand loyalty.

By integrating these features, WeSupply ensures a transparent and trustworthy return process for customers. Experience the seamless returns process with WeSupply. Book a Demo Today and see how we can transform your customer experience!

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Boosting Sales and Conversion Rates

Are you aware that a straightforward returns policy has the potential to elevate your sales and conversion rates? Yes, having transparent and detailed shipping information can encourage customers to complete a purchase, as it reduces confusion or frustration during the ordering process.

How Easy Returns Policies Drive Customer Confidence

A straightforward returns policy acts as a safety net for customers, much like insurance, enhancing their propensity to make a purchase. Elements of a returns policy should include:

  • A specified return time frame

  • Conditions for returns

  • Details on refunds and exchanges

  • Clear contact information for customer service.

Navigating complex return policies can be confusing for customers and teams, leading to unnecessary confusion and unwanted returns. WeSupply addresses this issue by making it easy to drive customer confidence with clear and customizable returns policies. Key features include:

  • Confusion-Free Return Windows: Simplify return policies by clearly defining the return window, eliminating confusion for both customers and your team.
  • Custom Return Policies: Manage eCommerce logistics effectively by creating custom policies for final sale items, return window lengths, return request approvals, and more.

  • Policy Enforcer: Automatically approve, reject, or flag returns and exchanges for manual review based on your set conditions, even for complex return policies.

WeSupply’s features ensure a hassle-free returns process, boosting customer confidence and satisfaction.

Operational Efficiency and Time Savings

Another benefit of return automation is the substantial improvement in operational efficiency and time-saving it brings along. Automated returns offer the following advantages:

  • Significantly reduce the chance of errors

  • Expedite the process

  • Result in time savings for employees

  • Lessen the workload

Self-Service Returns: Reducing Customer Service Burden

A self service returns portal can provide substantial relief to the customer service team. By allowing customers to manage returns independently, you can drastically reduce the workload on your customer support teams.

Managing returns can overwhelm customer service teams and lead to increased operational costs. WeSupply addresses this problem with its self-service returns feature, empowering customers to manage their own returns. With an easy-to-use portal, customers can initiate returns in just a few clicks, choose to return items to physical stores, and track their return status in real-time. This automation reduces the need for manual processing and decreases the volume of customer service inquiries. By streamlining the return process, WeSupply enhances customer satisfaction and boosts operational efficiency.

Streamlining Processes: Automating Tedious Return Tasks

Automation aids in process streamlining and handling of monotonous return tasks. Some benefits of automated return systems include:

  • Expedited return process by automating the issuance of return labels

  • Tracking returns

  • Managing inventory

  • Offering store credit

Manual return processes can be tedious and error-prone, leading to inefficiencies and increased operational costs. WeSupply offers a solution by automating these tasks, streamlining the entire return process. Key features include:

  • Speed up Returns Process: Customers can return items anytime without needing to contact customer support, reducing the volume of support tickets and calls.
  • Streamline the Returns Process: Automatically calculate product-specific restocking fees, apply vendor-specific return policies, and prevent return fraud by identifying and stopping abusers.

  • Reduce Human Errors: Eliminate manual calculations for restocking fees, validation of returnable products, and generation of return labels, reducing user errors.

  • Inspect Returns and Manage Inventory: Enhance quality control by inspecting returned products, collecting images and feedback, and allowing warehouse staff to leave notes on each return.

  • Refund Options: Automatically issue refunds as store credits, gift cards, or coupon codes, encouraging customers to shop more often and building trust.

With these features, WeSupply significantly improves operational efficiency and enhances the customer experience.

Increasing Exchanges and Reducing Refunds

A return portal can also facilitate an increase in exchanges while lowering refunds. In fact, 83% of eCommerce stores provide the option for product exchanges, which can lead to higher average order values and increased repeat purchases, thereby enhancing profits.

Encouraging Product Exchanges Over Refunds

Offering bonus credits or exclusive extension of the return window for exchanges can prompt customers to opt for product exchanges over refunds. This not only motivates customers to opt for exchanges over refunds but also allows businesses to retain revenue.

High return rates can negatively impact sales and customer satisfaction. WeSupply addresses this problem by encouraging product exchanges over refunds, helping to retain revenue and enhance customer loyalty. Key features include:

  • Convert Returns into Exchanges: Customers can exchange returned items for any product, reship the same item, exchange for an item of the same value, or upgrade to a higher valued item.
  • Incentivize Exchanges Over Returns: Boost sales and average order value by offering instant store credit, rewarding customers who opt for store credit over refunds, and directing them back to your product catalog after initiating a return.

  • Refund Options: Offer refunds as store credits, gift cards, or coupon codes, encouraging repeat purchases and building a trusting relationship with customers.

With these features, WeSupply transforms the return process into a sales opportunity, enhancing both customer satisfaction and business profitability.

Enhancing Customer Satisfaction with Flexible Return Options

Providing a range of return options can enable customers to further bolster customer satisfaction. Options such as in-store returns, mail returns, or drop-off at service points can increase customer satisfaction by catering to their preferences.

Rigid return options can frustrate customers and hinder their shopping experience. WeSupply addresses this issue by enhancing customer satisfaction with flexible return options. Key features include:

  • Buy Online, Return in Store: Drive additional revenue growth and increase foot traffic by allowing customers to return online purchases in physical stores.
  • Convenient Drop-Off Locations: Allow customers to drop off their returns at eligible FedEx Office, Walgreens locations for FedEx returns, and United States Post Office for USPS returns.

With these flexible return options, WeSupply ensures a convenient and satisfying return experience for customers, boosting overall satisfaction and loyalty.

Cost Reduction and Optimization

An automated return portal can also contribute to cost reduction and optimization. By automating reverse logistics processes, including handling and sorting of returns, businesses can streamline operations and lower the costs associated with handling returns, which can improve a company’s profitability.

Lowering Shipping Costs Through Efficient Return Management

Effectively managing returns is essential to reducing shipping costs. Here are some strategies to consider:

  1. Establish centralized handling centers for returns.

  2. Automate the sorting of returns to streamline the process.

  3. Implement a returns management system to track and process returns more efficiently. By implementing these strategies, businesses can manage return shipments more efficiently, reducing shipping costs and disruptions to the distribution process.

Reducing Operational Costs with Automated Systems

Operational costs can be further reduced with the assistance of automated systems. Automated return systems streamline the return process, saving time and reducing the need for additional staff.

Streamline & Save: WeSupply’s Return Optimization Solutions

Managing returns manually can be time-consuming and costly, leading to inefficiencies and increased operational expenses. WeSupply addresses this problem by offering comprehensive solutions for cost reduction and optimization. Key features include:

  • Automated Returns: Save 80% of the time spent on returns by automating and streamlining the entire return process, reducing fraud and human error.
  • Instant Credit for Exchanges: Encourage exchanges over refunds, lowering the average eCommerce return rate and boosting sales and average order value with instant store credit.

  • Branded Returns Portal: Enhance customer loyalty by providing a seamless, branded return experience instead of directing customers to a generic third-party page.

  • Flexible Returns Rules: Create tailored return policies to fit any use case, ensuring a hassle-free experience for customers.

  • Returns Tracking: Enable customers to track their return status in just a few clicks, meeting their expectations for transparency.

  • Integrations: Easily connect order and returns data to existing API-driven tools, delivering an exceptional customer experience while saving money.

With these features, WeSupply optimizes the return process, reduces costs, and enhances customer satisfaction. Discover how WeSupply can transform your returns process. Book a Demo Today!

Optimized Inventory Management

A return portal aids in optimizing inventory management by facilitating speedy processing of returns and enabling quicker assessment and reintroduction of items into inventory.

Faster Processing and Reintroduction of Returned Items

A branded returns portal can expedite the processing and reintroduction of returned items into the inventory. Streamlined return processes through a returns portal facilitate faster evaluation and restocking of returned merchandise, accelerating their availability for resale.

Leveraging Return Data for Better Inventory Decisions

Insights from return data can guide more effective inventory decisions. Insights garnered from return data via a returns portal guide improvements in product quality and customer satisfaction, leading to better inventory decisions.

Optimized Inventory Management with WeSupply

Managing returns without proper quality control can lead to inefficiencies and lost revenue. WeSupply offers solutions for optimized inventory management by enhancing the return inspection process and providing actionable analytics. Key features include:

  • Warehouse Notes: Allow warehouse staff to leave detailed notes on each return, ensuring accurate inventory management.

  • Returns Analytics: Gain insights into return patterns by identifying the most returned products, understanding the reasons behind returns, and recognizing serial returners. Use this data, available in BigQuery, to reduce return rates and improve product quality.

WeSupply’s comprehensive approach to inventory management helps businesses maintain quality control, optimize inventory, and reduce return rates.

Fraud Prevention

Additionally, a return portal can aid in fraud prevention, a significant issue in eCommerce. In fact, return fraud in eCommerce accounts for 10.4% of total returns and amounted to $84.9 billion according to the National Retail Federation.

Implementing Security Measures and Monitoring Patterns

Fraud prevention is contingent on the implementation of security measures and pattern monitoring. By examining merchandise closely upon return, implementing receipt verification, and using an RMA system, businesses can detect return fraud.

Minimizing Losses from Fraudulent Returns

Losses from fraudulent returns can also be minimized by businesses. By maintaining a firm return policy, reviewing transaction and chargeback data, and restricting or banning chronic returners, businesses can reduce return fraud.

Fraud Prevention with WeSupply's Return Policies

Return fraud from serial returners can significantly impact revenue and fairness in the return process. WeSupply addresses this problem with pre-built return policies designed to prevent fraud. Key features include:

With these features, WeSupply helps safeguard your business interests and maintain a fair return process.

Sustainability and Environmental Impact

Additionally, a return portal can contribute to reducing environmental impact and fostering sustainability. Efficient return processes can mitigate the waste caused by overproduction, such as creating excess inventory that may not be immediately needed, which in turn leads to reduced transportation and storage of returned products.

Sustainable Returns with WeSupply

Handling returns can contribute to environmental waste and increased operational costs. WeSupply addresses this issue by promoting sustainability and reducing environmental impact through several key features:

  • Green Returns: Allow customers to keep low-cost items when requesting a return, saving on shipping costs and reducing landfill waste while increasing customer satisfaction.
  • Automatic Return Labels: Enable customers to generate return labels automatically, streamlining the process even when staff are unavailable.

  • In-Store or Curbside Returns: Provide convenient options for customers to return items in-store or via curbside, similar to drive-through services.

  • Intelligent Dispositions: Direct returns to recycling or appropriate channels, ensuring a positive environmental impact and supporting circular economy practices.

With these features, WeSupply helps businesses manage returns sustainably and efficiently, benefiting both the environment and customer satisfaction.

Building Customer Loyalty and Trust

Furthermore, a return portal can foster customer loyalty and trust. A customer-friendly return policy and an efficient return process can enhance customer loyalty by making them feel valued.

Transforming One-Time Buyers into Loyal Customers

One-time buyers can be converted into loyal customers with the aid of a return portal. A simple and customer-centric return process can convert one-time buyers into repeat customers, ultimately increasing their customer lifetime value. This is supported by the fact that 92% of customers are more likely to make repeat purchases if the return process is easy.

Enhancing Brand Reputation Through Efficient Return Processes

A streamlined return process can bolster brand reputation. The return experience directly influences whether customers will shop with a retailer again, with 96% likely to return following a satisfactory returns process.

Building Loyalty and Trust with WeSupply

Complex and rigid return policies can erode customer trust and loyalty. WeSupply addresses this issue by offering solutions that build customer loyalty and trust. Key features include:

  • Branded Returns Portal: Boost customer loyalty with a seamless, branded return experience, avoiding confusing third-party courier pages.

With these features, WeSupply enhances the return process, building stronger customer relationships and trust.

Simplify Returns for Your Customers and Support Team

Book a quick call with our experts to see how WeSupply can help you: simplify the Return experience with just a few clicks, reduce customer service calls and manual processing, notify your customer about their refund, automate returns and reduce user error

Leveraging Data for Business Growth

Business growth can be facilitated by leveraging return data. Returns data can be a significant source for understanding customer behavior, identifying growth opportunities, and making informed business decisions.

Analyzing Return Data for Strategic Insights

Strategic insights can be gleaned from analyzing return data. Evaluating return data enables a business to discern trends in customer behavior, such as frequent return reasons for certain products, and allows for strategic adjustments to inventory and marketing.

Improving Product Quality and Customer Satisfaction

Product quality and customer satisfaction can be improved by utilizing return data. By reducing return rates and improving the returns process, businesses can increase customer satisfaction and save on return processing costs.

Driving Growth with WeSupply's Returns Analytics

Understanding the reasons behind product returns can be challenging and impact business growth. WeSupply addresses this issue by providing detailed returns analytics to leverage data for business growth. Key features include:

  • Returns Analytics: Identify the most returned products, understand why they are returned, and pinpoint serial returners.

     

  • Actionable Insights: Reduce return rates with data-driven insights available in BigQuery.

     

  • Product Improvement: Use SKU-level analytics to identify return reasons at the product and variant level, adjust sizing charts, review product images, and gather customer feedback on product fit.

With these features, WeSupply helps businesses improve product offerings and drive growth by leveraging detailed returns data.

Conclusion: Embracing Automated Returns for Long-Term Success

In conclusion, the key to long-term success in eCommerce lies in embracing automated returns.

Automated returns management systems can turn the challenge of product returns into an opportunity for eCommerce businesses, enhancing efficiency and customer satisfaction.

Summary

In summary, an automated returns portal offers a wealth of benefits. It enhances the customer experience, boosts sales, optimizes operations, encourages product exchanges, reduces costs, optimizes inventory management, prevents fraud, promotes sustainability, builds customer loyalty, and gives your business a competitive edge. By embracing automated returns, you are setting your eCommerce business up for long-term success.

New eCommerce stores often struggle with managing returns efficiently and maintaining customer satisfaction. WeSupply offers compelling reasons to implement a returns portal, providing a hassle-free 24/7 self-service experience that allows customers to initiate returns in three simple steps, return items to physical stores, and track their return status in real-time. By automating returns, reducing customer service calls, and offering instant store credits, WeSupply minimizes manual processing, human error, and fraud. With flexible return options, such as in-store and curbside returns, and a branded returns portal, WeSupply enhances transparency, builds customer trust, and optimizes inventory management. Additionally, their returns analytics offer actionable insights to reduce return rates and improve product offerings. Streamline your return process and boost your eCommerce growth with WeSupply. Get Started with WeSupply Today!

Frequently Asked Questions

What is an automated returns portal?

An automated returns portal simplifies the returns process for customers, making returns faster and more convenient.

How does an automated returns portal enhance the customer experience?

An automated returns portal enhances the customer experience by providing convenience, speed, and transparency in the returns process, making it easier and more efficient for customers to return products.

How does WeSupply simplify the returns process for new eCommerce stores?

WeSupply offers a 24/7 self-service portal that allows customers to initiate returns in three simple steps, return items to physical stores, and track their return status in real-time. This minimizes manual processing and reduces customer service calls.

Can WeSupply help prevent return fraud?

Yes, WeSupply includes features to reduce fraud by identifying serial returners and implementing measures like blocklisting fraudulent customers based on email addresses or customer groups.

What flexible return options does WeSupply offer?

WeSupply allows customers to return online purchases in physical stores, return in-store purchases online, and use convenient drop-off locations at FedEx, Walgreens, and USPS. This flexibility improves the customer experience and satisfaction.

Does WeSupply have an official Shopify App?

Yes, WeSupply does have an official Shopify App. You can download and begin to integrate it with your Shopify store.

Does WeSupply have an official Magento extension?

Yes, WeSupply has an official extension for Magento. The WeSupply x Magento integration allows for automating order tracking experiences, reducing customer inquiries, automating shipping email and SMS notifications, and providing a fully branded order tracking experience

Does WeSupply have an official BigCommerce App?

Yes, WeSupply has an official BigCommerce App. You can integrate WeSupply with your BigCommerce store to improve your post-purchase customer experience.

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