Online Returns in the UK: Verdict Channel Report
kminsights.com published “Online Returns Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
(EMAILWIRE.COM, April 03, 2018 ) Make informed investment decisions by utilising 2014 returns data & 2019 forecasts, based on inputs including Verdict's survey of 10,000 UK shoppers. Learn which shoppers to avoid by identifying them via our online shopper profiles of those that return by sector. Understand the key issues and opportunities in technology than can help to lower returns in the clothing & footwear sector.
Get Sample Copy of this Report@ http://www.kminsights.com/request-sample-174918
Scope:
The value of returned products from online purchases in the UK is forecast to grow by over 50% between 2014-2019. While the growth of online shopping is a key driver of this, retailers’ investment in offering free and easy returns via multiple methods has also aided growth as shoppers opt to make multiple purchases knowing they can return easily.
Clothing & footwear returns are significantly higher than in any other sector - almost three times the size of electricals. Fit and sizing remain the key reasons for customer returns, despite retailer investment in improving images and product information. Virtual fitting room technology is a must to give shoppers the confidence to buy.
The strength of Black Friday trading in the UK not only changed the phasing of spending in the run up to Christmas, but it also altered the returns market. Wider choice of returns methods and a greater understanding of the impact of promotional activity on returns are required in order to avoid delays to the returns process.
Reasons to buy:
What is the size of online returns in the UK and how fast will they grow in the next five years
Which customers are the most likely to return online purchases and what sectors do they shop in
What are the most common reasons for online returns
What are the most common methods of returning online purchases
As a clothing & footwear retailer, how can I minimize returns
Get more information about this report@ http://www.kminsights.com/reports/online-returns-in-the-uk--verdict-channel-report-174918
Table of Content:
1 Overview
2 Outlook
2.1 Growing volumes and ease of returns increase value of returns
2.2 Multichannel clothing & footwear retailers exposed to high returns
2.3 Larger returns dominate
2.4 Majority of returns are made via the Post Office, but PUDO sees strongest growth
2.5 More product detail could reduce returns
2.6 Anticipating peak returns volumes imperative
2.7 Charging for returns now an outdated view
3 Market Summary and Forecast
3.1 Market forecast
3.2 Clothing & footwear shoppers most likely to return goods
3.2.1 Clothing & footwear penetration more than double that of all other sectors
3.3 Method of return
3.4 Reason for return
3.4.1 More detail on product could reduce returns
4 Trends
4.1 Investment in delivery must be replicated for returns
4.1.1 Retailers must meet consumer demand for choice of returns methods
4.1.2 Charging for returns to be phased out
4.2 Preparation imperative ahead of peak returns periods
4.2.1 Strong discounting culture weighs heavily on returns market
4.2.2 Unprecedented volumes generated by Black Friday
4.2.3 Lessons to be learned
4.3 Visibility is key to quicken the returns process
4.4 Avoiding shoppers that return frequently
4.5 Tackling returns vital for clothing & footwear retailers to protect margins as returns soar
4.5.1 Invest in 3D technology during product design
4.5.2 Video catwalks make the most impact
4.5.3 Adoption of virtual fit technology to grow
4.5.4 Fewer footwear players seize opportunities to aid customers on sizing
5 Sector Analysis
5.1 Books
5.1.1 Low returns in books sector
5.2 Clothing & footwear
5.2.1 Clothing & footwear returns highest in the market
5.3 DIY & gardening
5.3.1 Low returns growth
5.4 Electricals
5.4.1 Considered electricals purchases result in fewer returns
5.5 Furniture & floorcoverings
5.5.1 Augmented reality will help to diminish furniture & floorcoverings returns
5.6 Food & grocery
5.6.1 Low returns in food & grocery sector
5.7 Health & beauty
5.7.1 Health & beauty returns limited by replacement purchases and retailers refusing returns
5.8 Homewares
5.8.1 Rise in return of smaller homewares items
5.9 Music & video
5.9.1 Music & video returns limited due to downloads
6 Methodology
6.1 Collection and returns
7 Appendix
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Inquiry before Buying@ http://www.kminsights.com/request-sample-174918
Get Sample Copy of this Report@ http://www.kminsights.com/request-sample-174918
Scope:
The value of returned products from online purchases in the UK is forecast to grow by over 50% between 2014-2019. While the growth of online shopping is a key driver of this, retailers’ investment in offering free and easy returns via multiple methods has also aided growth as shoppers opt to make multiple purchases knowing they can return easily.
Clothing & footwear returns are significantly higher than in any other sector - almost three times the size of electricals. Fit and sizing remain the key reasons for customer returns, despite retailer investment in improving images and product information. Virtual fitting room technology is a must to give shoppers the confidence to buy.
The strength of Black Friday trading in the UK not only changed the phasing of spending in the run up to Christmas, but it also altered the returns market. Wider choice of returns methods and a greater understanding of the impact of promotional activity on returns are required in order to avoid delays to the returns process.
Reasons to buy:
What is the size of online returns in the UK and how fast will they grow in the next five years
Which customers are the most likely to return online purchases and what sectors do they shop in
What are the most common reasons for online returns
What are the most common methods of returning online purchases
As a clothing & footwear retailer, how can I minimize returns
Get more information about this report@ http://www.kminsights.com/reports/online-returns-in-the-uk--verdict-channel-report-174918
Table of Content:
1 Overview
2 Outlook
2.1 Growing volumes and ease of returns increase value of returns
2.2 Multichannel clothing & footwear retailers exposed to high returns
2.3 Larger returns dominate
2.4 Majority of returns are made via the Post Office, but PUDO sees strongest growth
2.5 More product detail could reduce returns
2.6 Anticipating peak returns volumes imperative
2.7 Charging for returns now an outdated view
3 Market Summary and Forecast
3.1 Market forecast
3.2 Clothing & footwear shoppers most likely to return goods
3.2.1 Clothing & footwear penetration more than double that of all other sectors
3.3 Method of return
3.4 Reason for return
3.4.1 More detail on product could reduce returns
4 Trends
4.1 Investment in delivery must be replicated for returns
4.1.1 Retailers must meet consumer demand for choice of returns methods
4.1.2 Charging for returns to be phased out
4.2 Preparation imperative ahead of peak returns periods
4.2.1 Strong discounting culture weighs heavily on returns market
4.2.2 Unprecedented volumes generated by Black Friday
4.2.3 Lessons to be learned
4.3 Visibility is key to quicken the returns process
4.4 Avoiding shoppers that return frequently
4.5 Tackling returns vital for clothing & footwear retailers to protect margins as returns soar
4.5.1 Invest in 3D technology during product design
4.5.2 Video catwalks make the most impact
4.5.3 Adoption of virtual fit technology to grow
4.5.4 Fewer footwear players seize opportunities to aid customers on sizing
5 Sector Analysis
5.1 Books
5.1.1 Low returns in books sector
5.2 Clothing & footwear
5.2.1 Clothing & footwear returns highest in the market
5.3 DIY & gardening
5.3.1 Low returns growth
5.4 Electricals
5.4.1 Considered electricals purchases result in fewer returns
5.5 Furniture & floorcoverings
5.5.1 Augmented reality will help to diminish furniture & floorcoverings returns
5.6 Food & grocery
5.6.1 Low returns in food & grocery sector
5.7 Health & beauty
5.7.1 Health & beauty returns limited by replacement purchases and retailers refusing returns
5.8 Homewares
5.8.1 Rise in return of smaller homewares items
5.9 Music & video
5.9.1 Music & video returns limited due to downloads
6 Methodology
6.1 Collection and returns
7 Appendix
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Inquiry before Buying@ http://www.kminsights.com/request-sample-174918
Contact Information:
Key Market Insights
sambit kumar
Tel: 8007533694
Email us
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Key Market Insights
sambit kumar
Tel: 8007533694
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results