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Online selling has many advantages, but not when it comes to product returns. The average return rate is three times higher for online purchases than those made at brick-and-mortar retailers.
Melissa Gieringer spent the last eight years working at online marketplace companies that provide solutions for retailers’ and manufacturers’ returned, excess, or other liquidation inventory. Now a director at B-Stock, she shares some advice with EcommerceBytes Editor Ina Steiner on how readers can deal with returns.
While the world watches and waits to see how the Trump administration will roll out and enact higher tariffs, the retail industry has been working overtime to prepare. The National Retail Federation (NRF) recently announced that they anticipate U.S. port…