Electronic Retailer - June 2012 - 28

THINKING OUTSIDE THE BOX
need to quickly get the goods into your consumer’s hands,” he explains. with regard to returns is after they process the return, how do they ship the merchandise back to the e-tailer conveniently? “We have more than 100,000 access points for consumers with UPS Returns Flex Access, and they can drop their package off at one of nearly 5,000 UPS stores,” Gershenhorn says. Other convenient alternatives for customers would be to select from thousands of UPS drop boxes that accept air and

Headache-Free Return Policy
The fourth takeaway applies to how consumers view returns and exchanges. When it comes to purchasing goods from an e-tailer, comScore and UPS acknowledge customers want a hasslefree and convenient returns process. What’s really important to consumers

“There are about 75 million people out there who purchase online at least once every three months, and 25 percent of those consumers are buying six or more times. This is certainly a space we’re definitely interested in.”
– Alan Gershenhorn, chief strategy, sales and marketing officer at UPS

ground packages, drop off the return with a UPS driver or at authorized shipping outlets, or leave it in their mailbox. From the e-commerce standpoint, Gershenhorn says an e-tailer might ask, “How do I conveniently provide return service to my customers?” He explains that when e-tailers print the shipping label for a customer’s order, they can also print a return label, drop that return label in the box with specific instructions on how to process the return and indicate what access channels to use to get it back in the system. E-tailers essentially make the process painless for their customers, which could lead to future sales. Another important piece of data is 66 percent of consumers look at an e-tailer’s return policy before making a buying decision, while 28 percent aren’t willing to pay for return shipping. Therefore, “offering free returns or credit for a return on the goods without charging are two best practices that exist,” says Gershenhorn. Recently, the company unveiled a new product called UPS Returns Exchange, in which UPS simplifies the exchange process. For instance, let’s say a customer wants to exchange her shoes for
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Electronic Retailer - June 2012

Table of Contents for the Digital Edition of Electronic Retailer - June 2012

Calendar of Events
Your Association,Your Bottom Line
Industry Reports
FTC Forum
eMarketer Research
IMS Retail Rankings
Jordan Whitney's Top Categories
Ask the Expert
From the Executive's Desk
Thinking Outside the Box
DRTV's New Best Practices
It's Time to Think Differently About Payment Processing
Guest Viewpoint
Guest Viewpoint
DRTV
U.S. Hispanic
Member Spotlight
Advertiser Spotlight
Advertiser Index
Bulletin Board
Classifieds
Rick Petry
Electronic Retailer - June 2012 - cover1
Electronic Retailer - June 2012 - cover2
Electronic Retailer - June 2012 - 3
Electronic Retailer - June 2012 - 4
Electronic Retailer - June 2012 - 5
Electronic Retailer - June 2012 - 6
Electronic Retailer - June 2012 - Calendar of Events
Electronic Retailer - June 2012 - Your Association,Your Bottom Line
Electronic Retailer - June 2012 - 9
Electronic Retailer - June 2012 - Industry Reports
Electronic Retailer - June 2012 - 11
Electronic Retailer - June 2012 - 12
Electronic Retailer - June 2012 - FTC Forum
Electronic Retailer - June 2012 - eMarketer Research
Electronic Retailer - June 2012 - 15
Electronic Retailer - June 2012 - IMS Retail Rankings
Electronic Retailer - June 2012 - 17
Electronic Retailer - June 2012 - Jordan Whitney's Top Categories
Electronic Retailer - June 2012 - 19
Electronic Retailer - June 2012 - Ask the Expert
Electronic Retailer - June 2012 - 21
Electronic Retailer - June 2012 - 22
Electronic Retailer - June 2012 - From the Executive's Desk
Electronic Retailer - June 2012 - Thinking Outside the Box
Electronic Retailer - June 2012 - 25
Electronic Retailer - June 2012 - 26
Electronic Retailer - June 2012 - 27
Electronic Retailer - June 2012 - 28
Electronic Retailer - June 2012 - 29
Electronic Retailer - June 2012 - DRTV's New Best Practices
Electronic Retailer - June 2012 - 31
Electronic Retailer - June 2012 - 32
Electronic Retailer - June 2012 - 33
Electronic Retailer - June 2012 - It's Time to Think Differently About Payment Processing
Electronic Retailer - June 2012 - 35
Electronic Retailer - June 2012 - 36
Electronic Retailer - June 2012 - 37
Electronic Retailer - June 2012 - 38
Electronic Retailer - June 2012 - Guest Viewpoint
Electronic Retailer - June 2012 - 40
Electronic Retailer - June 2012 - Guest Viewpoint
Electronic Retailer - June 2012 - 42
Electronic Retailer - June 2012 - 43
Electronic Retailer - June 2012 - 44
Electronic Retailer - June 2012 - DRTV
Electronic Retailer - June 2012 - U.S. Hispanic
Electronic Retailer - June 2012 - 47
Electronic Retailer - June 2012 - Member Spotlight
Electronic Retailer - June 2012 - 49
Electronic Retailer - June 2012 - Advertiser Spotlight
Electronic Retailer - June 2012 - Bulletin Board
Electronic Retailer - June 2012 - Classifieds
Electronic Retailer - June 2012 - 53
Electronic Retailer - June 2012 - Rick Petry
Electronic Retailer - June 2012 - cover3
Electronic Retailer - June 2012 - cover4
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