Consumer Returns Management 2015 (past event)
October 05 - 07, 2015
Contact Us: 1.888.482.6012
Necati Ertekin
Ph.D. Candidate, Information & Operations Management, Mays Business School
Texas A&M
Check out the incredible speaker line-up to see who will be joining Necati.
Download The Latest AgendaFrom Point Of Purchase To The Reverse Supply Chain: Charting The Journey
Wednesday, June 10th, 2015
11:45 Does A Better Customer Experience Reduce Consumer Returns? A Data Analytics Study
This research examines the association between in-store customer experience during a purchase and a subsequent return. More specifically, using around 45 million purchase/return transactions and 90,000 customer satisfaction survey responses from a national jewelry retailer, we examine the significant variation in return rates across stores within the same company with respect to product quality, service quality, and customer satisfaction. Our analysis reveals surprising findings for retailers. For instance, we demonstrate that retail efforts such as increasing salesperson competence and improving store environment, so long believed to prevent returns, may indeed induce a subsequent return. Our findings also suggest that a return event may enable a retailer to regain a dissatisfied customer who would otherwise be lost.