Internal and External Drivers of Consumers’ Product Return Behaviors
Description:
Product return is a necessary part of the exchange process between companies and customers. It accounts for approximately 16% of total sales and a reduction in retailer / manufacturer profits by 3.8% on average. However, industry data also indicates that a significant portion of products are returned for reasons other than product failure – e.g., change of mind, found a lower price elsewhere, or fraudulent and unethical reasons. Consequently, many firms (e.g., REI) have altered their generous …
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Date:
August 2015
Creator:
Pei, Zhi "Kacie"
Partner:
UNT Libraries