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EP 07: Fashion eCommerce: How to Reduce Return Rates by Peder Stubert of Virtusize

2X eCommerce Podcast · with Peder Stubert · January 23, 2015 · 60 min

Summary

To thrive in fashion ecommerce, proactively tackle the costly problem of product returns. This episode unpacks how optimizing size and fit guidance pre-purchase can drastically reduce return rates, boosting profitability and customer satisfaction. Implement strategies to help customers make informed decisions before they buy.

Key takeaways

Themes

customer experienceoperational efficiencyreturns management

Topics covered

customer educationfashion ecommercereturn rate reductionsize and fit solutionsvirtual fitting technology

Episode description

Peder Stubert is the co-founder of Virtusize, an awarded fashion ecommerce virtual fitting application that successfully tackles the industry problem of size and fit when buying clothes online, and is said to reduce return rates by up to 40%. In Episode #7, Peder shares some tips on how Fashion online retailer can reduce returns. Full show notes available on: http://www.2xmedia.co/podcast/07/

Frequently asked about this episode

What does this episode say about customer experience?
Implement a virtual fitting application or detailed sizing guides to help customers accurately assess fit before purchase, potentially reducing returns by up to 40%.
What does this episode say about operational efficiency?
Focus on improving product page information regarding sizing and fit to minimize customer uncertainty and manage expectations effectively.
What does this episode say about returns management?
Analyze return data to identify common fit issues and specific products with high return rates, then address those issues directly through improved product descriptions or fit guidance.
What does this episode say about customer experience?
Consider offering personalized size recommendations based on customer data and previous purchases to enhance the shopping experience and reduce cognitive load for buyers.

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