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Develop a Return and/or Exchange Policy
Posted By Jennifer LeClaire On April 1, 2000 @ 12:00 am In E-Commerce | No Comments
Returns are a headache for vendors and an inconvenience for consumers. However, they do happen, so make your return and exchange processes as simple as possible. Posting a returns policy in a “can’t miss it” location on your site helps ensure that customers understand the refund and exchange rules before they make a purchase. It also provides clear instructions for customers to follow when returns are necessary.
Research Return Policies of E-Commerce Leaders
There’s nothing like a little competitive intelligence for helping a small Web merchant who’s trying to learn about the Internet economy. Begin by reviewing the return policies of e-commerce leaders such as CDnow  and LandsEnd.com  to understand the fundamentals of an effective policy. Then, based on what you learn from your research, work through the following questions to build a framework upon which to base your own return policy:
Write Your Return Policy
Using the information you gathered in the Web merchant research process, create a returns policy that includes those elements that are appropriate for your business.
An effective return policy:
Post Your Return Policy Strategically
Once you’ve created your return policy, post it in strategic places on your site, such as the customer service center, FAQ page, and “checkout” pages. Posting this information on key areas of your site helps ensure that your customers understand the policy before ordering merchandise and how to return or exchange merchandise that is unsatisfactory.
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URL to article: http://technology.inc.com/2000/04/01/develop-a-return-andor-exchange-policy/
URLs in this post:
 CDnow: http://www.amazon.com/exec/obidos/tg/browse/-/901888/ref=hp_hp_ct_3_1/103-8596114-7779022
 LandsEnd.com: http://www.landsend.com/spawn.cgi?sid=0948224382910&target=OTHERETR0795&refer=NODEPRIVACY0897&mode=GRAPHIC
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