For enterprise brands, achieving a delicate balance between cost management and customer experience is crucial. Without close analysis and optimization, post-purchase operations can become a revenue sink.
The key? Investing strategically to maximize returns without wasting resources.
Our recent report highlights recent data that shows how a personalized approach to return policies can drive your best customers to shop again—and how control in customization and return fees can have a big impact on ROI for large companies.
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$2,500
The amount merchants can save annually for every 1,000 returns processed when transitioning from no returns solution to using a dedicated solution.
10%
Reduction in time to resolution in brands experience in their first year automating returns.
$8.8 million
Amount Loop merchants have saved in customer experience time in the past 12 months.
This report highlights recent data that shows how a personalized approach to return policies can drive your best customers to shop again—and how control in customization and return fees can have a big impact on ROI.
Cost Savings
Merchants can save up to $2,500 annually for every 1,000 returns processed when transitioning from having no previous returns solution to using a dedicated solution.
Automation
Merchants have experienced over a 20% increase in CLTV between the first year pre-Loop and the second year post-Loop, indicating a substantial boost in long-term customer value and profitability.
Impact of Fees
When incorporating return fees, enterprise brands will see an average shipping saving of 10%. With Loop, some of our top-performing enterprise brands reduced shipping rates by up to 75%.