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Return Policy Tactics for Fashion Accessory Brands

Gentlemans Gazette using WeSupply Returns

Fashion accessory brands must manage high return rates to maintain customer trust and profitability. This article covers key return policy strategies for fashion accessory brands, including setting clear return windows, using technology to reduce returns, and handling personalized item returns.

Key Takeaways

  • Fashion accessory brands face high return rates, necessitating effective return policies to enhance customer satisfaction and reduce logistical challenges.

  • A clear and concise return policy, including defined return windows and conditions, is essential for managing customer expectations and fostering trust.

  • Leveraging technology, such as augmented reality and detailed product descriptions, can significantly reduce return rates by improving the customer shopping experience.

  • WeSupply enhances returns for fashion accessory brands with flexible return windows, clear policies, automated labels, and a branded portal. Real-time tracking and proactive notifications improve customer satisfaction. Get Started with WeSupply to streamline your returns process today!

Introduction

E-commerce has revolutionized the way we shop, but it has also brought with it a significant challenge: managing returns. With return rates averaging between 20% to 30% for online purchases, and even higher in the fashion sector, having an effective return policy is crucial for any e-commerce business. For fashion accessory brands, where style and fit are paramount, the stakes are even higher.

Returns are inevitable in online shopping. The inability to try before buying results in higher instances of product returns. This guide explores why online return policies are prevalent in e-commerce and how fashion accessory brands can develop return policies that boost customer satisfaction and loyalty.

The Challenge of Managing Returns in Fashion and Accessories

Managing returns in the fashion and accessories sector is a daunting task. With return rates reaching as high as 60%, online retailers face substantial logistical challenges. Unlike brick-and-mortar stores, online merchants must handle a higher volume of product returns, often due to issues like size mismatches or discrepancies between the product and its online representation, which can ultimately result in lost sales.

The financial impact of these returns is significant. Most retailers spend a considerable portion of their logistics operations on managing returned goods and return costs, which can negatively affect profitability. Moreover, the environmental impact of returns, especially when items cannot be resold, adds another layer of complexity and concern.

Beyond logistics and costs, returns can also affect customer satisfaction. Inconsistent return experiences can lead to customer dissatisfaction and loss of future sales. Therefore, online merchants must tackle these challenges directly, creating a seamless and customer-friendly return process.

WeSupply addresses these challenges by streamlining the return process through its advanced self-service portal, which simplifies returns and reduces operational strain. Additionally, WeSupply’s analytics tools offer insights into return patterns, helping retailers manage costs and enhance ROI by optimizing return policies and minimizing financial impacts. To see how much you can save, use our ROI Calculator and discover the potential benefits today.

Why Returns Are an Inevitable Part of E-Commerce

Several factors make returns an unavoidable aspect of e-commerce. Common reasons for returns include product damage, discrepancies between the online description and the actual item, and simple buyer’s remorse. These issues highlight the importance of providing accurate product information and ensuring quality control in the supply chain.

An effective returns management process is vital for maintaining profitability and ensuring customer satisfaction. Companies that manage returns efficiently can reduce the financial impact of returns and even turn them into a positive customer experience, fostering loyalty and repeat business.

Crafting an Effective Return Policy

A well-defined return policy is crucial for any e-commerce business. It builds customer trust and encourages repeat purchases by providing a sense of security. For fashion accessory brands, a clear and customer-friendly return policy can set them apart from competitors.

An effective return policy should cover several key elements, including the return window, conditions for returns, and the options available to customers. Addressing these areas comprehensively allows brands to manage customer expectations and reduce disputes.

Define Your Return Window: Setting Clear Timeframes for Returns

A clear return window is essential for managing customer expectations and building trust. Most e-commerce businesses adopt a return window of around 30 days, aligning with industry standards and customer expectations. However, some may choose to extend this period up to 90 days to enhance satisfaction. WeSupply simplifies defining return windows with customizable timeframes, offering features such as:

  • Flexible Timeframes: Choose from return windows based on order date, fulfillment date, or delivery date.

Clearly communicating these timeframes prevents customers from attempting returns long after the purchase date and ensures compliance with legal requirements, enhancing transparency and credibility.

Create custom return policies

There are many moving pieces in ecommerce logistics. Book a quick call with our experts to see how WeSupply can help you take control by creating custom policies to handle them all easily. You get to decide how you want to handle final sale items, return window lengths, return request approvals, and more.

Clarify Conditions for Merchandise Returns: What Qualifies for Return or Exchange?

Specifying the conditions for merchandise returns is crucial for preventing disputes and managing inventory effectively. Different products may have unique return requirements, and it’s important to outline these clearly in the return policy. WeSupply enhances this process by providing clear guidelines on return eligibility, including:

  • Non-Returnable Items: Easily identify items that cannot be returned, such as final sale products, non-resellable items, those outside the return window, and block-listed customers.
  • Return-to-Exchange Options: Convert returns into exchanges with flexibility, allowing exchanges for any product, reshipping the same item, or exchanging for an item of equal or higher value.

Clear communication about these conditions reduces confusion, enhances customer trust, and improves the efficiency of the return process. Implementing a return merchandise authorization (RMA) process through WeSupply can further streamline returns by requiring customers to obtain approval before initiating a return.

Communicate Store Credit vs. Full Refund: Managing Customer Expectations

Offering multiple refund options, such as store credit or full refunds, provides customers with flexibility and enhances their shopping experience. Clearly distinguishing between these options helps manage customer expectations effectively, reducing the likelihood of misunderstandings and dissatisfaction. WeSupply supports this by:

  • Incentivizing Exchanges: Encouraging customers to opt for store credit over refunds, which can increase sales and average order value.
  • Automatic Rewards: Issuing store credits, gift cards, or coupon codes automatically to entice repeat purchases.
  • Streamlined Refund Process: Facilitating refunds through store credit or other options, helping to retain sales revenue while maintaining customer satisfaction.

By integrating these features, WeSupply helps build customer loyalty, retain revenue, and balance satisfaction with profitability. Book a demo today to see how WeSupply can transform your returns process!

Addressing Personalized Fashion Accessories

Personalized fashion accessories present unique challenges for returns. The nature of customized products means that returns can significantly impact profitability and customer satisfaction.

Brands must set clear expectations and policies for handling returns of personalized items.

Handling Returns for Personalized and Customizable Items

The return process for personalized items is often more complex compared to standard products. Many retailers only accept returns of these items if they are defective or damaged, not simply because the customer changed their mind. This is because custom products have limited resale potential, making it difficult to recover costs from returns.

To mitigate return issues, brands should implement rigorous quality checks before shipping customized items. Clear communication of product specifications before purchase helps set realistic customer expectations and reduce the likelihood of returns.

Automating the returns process can further enhance efficiency and improve customer satisfaction by simplifying return tasks. This ensures a smoother experience for both the brand and the customer, even in the case of personalized items.

Streamline Returns for Personalized Items with WeSupply

Handling returns for personalized and customizable items can be challenging, but WeSupply offers effective solutions to streamline this process. Key features include:

  • Clear Return Policy: Implement a high-priority return policy for personalized products, ensuring customers are aware of return restrictions.

  • Product Tagging: Use product tags or attributes to identify personalized items, ensuring they are automatically recognized as non-returnable.

  • Order Lookup Integration: Display the return policy on the order lookup page, where customers can input their order ID and email address to view return options.

With these features, WeSupply helps manage the complexities of returns for customized products while maintaining clear communication with customers.

Utilizing Technology to Enhance Customer Experience

Technology plays a crucial role in enhancing the customer experience and reducing product returns. Implementing innovative solutions can streamline customer interactions, making shopping online more engaging and less prone to errors. For fashion accessory brands, leveraging technology can be a game-changer in providing a seamless shopping experience.

Incorporating tools like augmented reality, high-quality product images, and detailed product descriptions significantly reduces the likelihood of returns. These technologies help customers make more informed purchasing decisions, leading to higher satisfaction and fewer product returns.

Leverage Augmented Reality for Pre-Purchase Visualization: Reducing Style-Related Returns

Augmented reality (AR) allows shoppers to visualize products in their own environment, significantly decreasing the likelihood of returns due to misfit or style discrepancies. By integrating AR, customers can virtually try on products, enhancing their ability to make informed purchasing decisions.

AR technology provides immersive product experiences, leading to higher customer engagement and conversion rates. For example, customers can see how a piece of jewelry looks on them or how a handbag complements their outfit, which helps reduce uncertainty and returns.

Implementing AR features can give online retailers a competitive edge by offering a more personalized shopping experience. This not only improves the customer experience but also reduces the number of returns related to style mismatches.

High Quality Product Images: Ensuring Accurate Representation

High-resolution product images provide clearer visual cues, helping customers make better-informed decisions and reducing the chances of returns. Studies show that 93% of consumers prioritize visual appearance when shopping online, making quality product images a critical factor in purchase price decisions.

Including multiple angles and lifestyle shots in product images can enhance customer understanding and provide a more realistic expectation of the product. This approach helps set accurate customer expectations and reduces the likelihood of returns due to dissatisfaction.

Including multiple angles and lifestyle shots in product images can enhance customer understanding and provide a more realistic expectation of the product. This approach helps set accurate customer expectations and reduces the likelihood of returns due to dissatisfaction.

Consistent visual branding, including the use of high-quality images, contributes to overall brand recognition and can lead to higher conversion rates. High-resolution images also convey a sense of quality, positively influencing customer perception and purchase decisions.

Detailed Product Descriptions: Providing Comprehensive Information

Comprehensive product descriptions clarify specifications and uses, leading to a better understanding of items and minimizing potential returns. Effective product descriptions should aim to answer common customer questions, eliminating confusion and potential returns. WeSupply enhances this by leveraging detailed SKU-level returns analytics, allowing you to:

Including sizing charts and detailed product descriptions in product listings, supported by WeSupply’s analytics, helps align customer expectations with the actual product and significantly lowers return rates.

Streamlining the Returns Process

A well-managed returns process can enhance customer satisfaction and set a brand apart from competitors. An efficient return process is crucial for maintaining customer loyalty in e-commerce, where the ease of returning products can significantly influence purchasing decisions.

Simplifying the returns process and providing clear communication ensures a positive customer experience, even when handling returns. This approach not only improves customer satisfaction but also fosters long-term loyalty and repeat business.

Offering Return Shipping Labels and In-Store Return Options: Simplifying Returns

Providing return shipping labels significantly reduces the friction customers face when returning items. Including return shipping labels in outbound packages streamlines the returns process, making it easier for customers to return items without additional steps. WeSupply enhances this process by offering:

Using these features, WeSupply simplifies generating return labels and managing the return process, enhancing the customer experience and helping lower shipping costs for businesses.

Keeping Customers Informed: Clear Communication Throughout the Returns Process

The brand’s return policy is backed by their Ironclad Guarantee, allowing hassle-free returns or repairs at any time. This commitment to customer satisfaction and sustainability not only builds trust but also encourages long-term loyalty. By providing direct links to additional support options, Patagonia ensures a smooth and informative return process for their customers.

  • Returns Tracking: Enable customers to check their return status with just a few clicks, offering real-time updates and individual tracking numbers for split returns.
  • Branded Returns Portal: Create a seamless, branded returns experience rather than directing customers to a generic third-party page, which boosts loyalty.

  • Post-Purchase Notifications: Use high open rates of email and SMS to send proactive updates and personalized offers, keeping customers informed and engaged.

Consistent updates throughout the returns process enhance customer reassurance and satisfaction, reducing the chance of brand switching and ensuring a positive overall experience.

Enhancing Customer Experience in Returns

A seamless return process significantly boosts customer satisfaction, trust, and loyalty in e-commerce. Innovative solutions like automation and data analytics are essential for improving return processes and enhancing customer experiences. By providing clear information about return policies, brands can manage customer expectations and create a positive return experience.

Streamlined Gift Exchanges: Best Practices for Handling Gifts

Encouraging gift exchanges over returns strengthens customer loyalty and increases average order value. WeSupply supports this by offering clear return policies and flexible exchange options, including:

  • Flexible Exchange Options: Allowing gift returns to be exchanged for any product, reshipped as the same item, or swapped for an item of equal or higher value.

Establishing clear guidelines for gift exchanges, such as spending limits, fosters a positive environment and ensures fairness. High return rates after the holidays highlight the importance of efficient gift exchange processes. Checkout the other WeSupply pre-built return policies to see how we can further enhance your return processes!

Leveraging Technology for Better Returns Management

Employing technology significantly enhances the management of product returns in e-commerce, streamlining the process and improving customer satisfaction. Returns automation transforms e-commerce by reducing errors and enhancing customer satisfaction.

By integrating various services and platforms, businesses can facilitate smoother workflows and reduce manual data entry errors. This approach not only improves efficiency but also provides valuable insights for data-driven decisions.

Using Technology to Track and Analyze Return Trends

Analyzing return data through technology identifies patterns and reasons for returns, enabling businesses to make informed adjustments to their operations. Artificial intelligence predicts return rates based on customer behavior and product attributes, helping businesses optimize their return policies.

Self-service return portals are gaining popularity, allowing customers to initiate returns independently and improving convenience. Constantly monitoring return metrics identifies improvement opportunities in the returns process.

Implementing Return Management Systems for Efficiency

A return management system automates the process, reducing operational costs and improving the speed of handling returns. Choosing the right system involves considerations like scalability, integration capabilities, and customization for specific business needs.

Integrating AI-driven analytics into return management identifies patterns in return data, helping to adjust inventory and marketing strategies proactively. A user-friendly returns portal on the website simplifies the returns process for customers, enhancing their overall shopping experience.

Effortless Returns for Fashion Accessory Brands with WeSupply

WeSupply streamlines the returns process for fashion accessory brands by offering a suite of features designed to enhance efficiency and customer satisfaction. Key features include:

  • Offer Instant Credit: Encourage exchanges over refunds and boost average order value by providing immediate store credit

  • Flexible Returns Rules: Customize return policies to accommodate various scenarios, avoiding restrictive and cumbersome processes.

  • Returns Tracking: Allow customers to track their returns in real-time with just a few clicks.

  • Integrations: Seamlessly connect with existing APIs and third-party tools for a unified returns management experience.

These features collectively enhance the returns process, making it more efficient and customer-friendly. Book a demo today to see how WeSupply can transform your returns management!

Evereve Case Study: Turning Returns Into Opportunities With WeSupply

In 2020, EVEREVE faced a significant challenge as the surge in online shopping during COVID-19 led to a drastic increase in return rates, often reaching up to 50% in the apparel industry. The manual handling of returns, lack of visibility into return data, and overwhelmed customer service teams created inefficiencies and frustration. To address these issues, EVEREVE partnered with WeSupply to transform their returns process.

WeSupply’s integration with platforms like Magento, Zendesk, Celerant, and Veeqo streamlined and automated returns, allowing EVEREVE to manage everything from a single interface. The solution focused on proactivity, self-service, and return flexibility, significantly reducing support tickets, speeding up return processing, and enhancing the customer experience with instant satisfaction through self-service options.

Read how WeSupply was able to help EVEREVE turn their returns challenges into opportunities, boosting efficiency and customer loyalty.

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.

Conclusion

A well-structured return policy transforms customer returns into a strategic advantage, fostering loyalty and driving repeat business. By implementing the best practices discussed in this guide, fashion accessory brands can create a return process that enhances customer satisfaction and retains revenue.

Building a Comprehensive Return Policy to Enhance Customer Experience and Retain Revenue

For a better customer experience, the return policy should be easy to find, ideally linked in the website footer for accessibility. Answering key questions of when, how, and what in your return policy significantly improves customer clarity and satisfaction.

Offering multiple return options, including exchanges and store credit, helps retain revenue while fostering positive customer relationships. Aligning the return policy with brand values shapes customer perceptions and strengthens brand identity.

Incorporating at least one free return option can enhance customer satisfaction and encourage repeat business, particularly in a competitive ecommerce landscape. By streamlining the return process and making the return policy easy to locate, brands can build trust and confidence among consumers.

Summary

WeSupply revolutionizes return policies for fashion accessory brands with a suite of tailored features that enhance efficiency and customer satisfaction. Their solutions include customizable return windows based on order, fulfillment, or delivery dates; clear return conditions for non-returnable items and flexible exchanges; and automated return labels with QR codes for a hassle-free process. The branded returns portal offers a seamless, personalized experience, while real-time tracking and proactive notifications keep customers informed and engaged. Get Started with WeSupply to simplify your returns and elevate customer satisfaction today!

Frequently Asked Questions

Why are returns so high in the fashion accessory e-commerce sector?

Returns in the fashion accessory e-commerce sector are primarily driven by size mismatches, style discrepancies, and the lack of the ability to try items before purchase. Consequently, return rates can soar to around 60% for these products.

How can technology help reduce product returns?

Technology can significantly reduce product returns by employing tools such as augmented reality, high-quality images, and comprehensive product descriptions, enabling customers to make better-informed choices. This ensures a more satisfying purchase experience and minimizes the chances of dissatisfaction.

How does WeSupply simplify return windows?

WeSupply allows you to set customizable return windows, including options based on order, fulfillment, or delivery date. You can also implement holiday-specific and product-specific policies to match your business needs.

Can WeSupply facilitate different refund options?

Yes, WeSupply supports various refund options like store credit, gift cards, or full refunds, and even automates the issuance of store credits and coupon codes to encourage repeat purchases.

Can WeSupply improve gift exchange processes?

Yes, WeSupply supports flexible gift exchange options and allows gift recipients to initiate returns directly, simplifying the process and boosting customer satisfaction.

Does WeSupply have an Official Shopify App?

Yes. WeSupply has an Official Shopify App. You can download it and start integrating 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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