Get more consumer and retailer insights - Tips for limiting returns

Returns are always a nightmare for retailers, especially around the holidays. Ahead of Christmas, Black Friday and Cyber Monday sales, as a retailer, are you prepared for the uncertainty? With the increasing demand for online shopping for gifts on occasions like Christmas, retailers can take advantage of this occasion to promote suitable gift items. However, a high percentage of online shopping can also increase the risk of returns. Especially when receiving gifts that we call unwanted gifts. To prepare for the uncertainty after Christmas, you need: - Define your supply chain strategy early to ensure you have enough inventory to sell, and how to handle stockouts and shipping delay - Communicate your promotion and policy to customers early. Consumers are beginning their holiday shopping earlier, so you should reach out to them as soon as possible. - Optimize your website and [in-store processes]( to make it easy for shoppers to find products, check out, get support, and return [Read More]( 29.77% of participants opt to politely keep the gifts, while 13.55% have plans to resell them. Only 9.63% say they will throw the gifts away. More than half the men listed beauty products as their most unwanted gifts (51.80%) while women’s most unwanted gifts are liquor or drinks (40.64%). [Get more details]( [Discover outstanding features of Magestore POS]( Simplify your daily operations and deliver omnichannel shopping experiences for customers with the best Magento Web POS. Reduce the complexity and costs of your store’s infrastructure. Utilize Magento’s powerful pricing and promotion. [Facebook]( [Linkedin]( [Twitter]( [Youtube]( This email was sent to {EMAIL} because you signed up for the latest retail tips & insights from Magestore. If you don't want to receive this newsletter in the future, you can [unsubscribe](. © 2022 Magestore. All Rights Reserved. Magestore, 16F, Viwaseen Building, 48 To Huu Street, Nam Tu Liem District, Hanoi 100000, Vietnam