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Banjo, "Rampant Returns Plague E-Retailers"; and "E-Commerce Returns Are Up," Fox Business video, 03:21, December 23 , 2013 http://video.foxbusiness.com.
Earlier this month, Axios joined in the chorus, calling attention to the problem of e-commerce returns in particular.
That's the goal of True Fit, which helps shoe and apparel businesses cut down on e-commerce returns.
Most e-commerce returns are the retailer's fault.
What's more, e-commerce returns can take time to process, due to return shipping periods and returns processing on the retailer's end.
The company could one day use Whole Foods locations as a place for customers to drop-off e-commerce returns and make exchanges for items bought online.
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"That is all good news," said Ms. Mulpuru, because in e-commerce return rates are 20 to 30 percent.
Over the past five years, numerous studies have been conducted to derive the average e-commerce return rate.
Ng said Say Kids also differs from other online retailers because it avoids what he sees as "the biggest problem with e-commerce," namely returns and exchanges.
Ng said Say Kids also differs from other online retailers because it avoids what he sees as "the biggest problem with e-commerce," namely returns and exchanges.
More e-commerce means more returns, as more online retailers try to entice customers by allowing them to change their minds frequently and easily.
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