Analysis of the Influencing Factors and Consequences of E-commerce Return Rate

E-commerce, as an important component of the global retail market, has deeply integrated into modern people's lives. However, in recent years, the issue of high return rates has become a major challenge faced by the e-commerce industry. This not only directly affects the sales profits and brand image of retailers, but also impacts the operational efficiency and customer satisfaction of e-commerce platforms. Therefore, this article analyzes the main factors that lead to an increase in e-commerce return rates from the perspectives of retailers and consumers and reveals the consequences that high return rates will bring to the future development of the e-commerce industry—for example, high hidden costs, unsolvable vicious cycles, and distorted business models. Meanwhile, based on the above analysis and thinking, relevant coping strategies have been compiled. This includes recommending a probability sales strategy to merchants and a Buy Online and Return in Store (BORS) strategy, proposing to the platform to establish consumer trust, targeted supervision of its merchants, and developing relevant incentive measures.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2024-12-24
DOI
https://doi.org/10.54097/qa2w3869
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
0.00
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article

Analysis of the Influencing Factors and Consequences of E-commerce Return Rate

Peikun Jiang
Highlights in Business Economics and Management
E-commerce and Technology Innovations
article

Analysis of the Influencing Factors and Consequences of E-commerce Return Rate

Peikun Jiang
article en

Abstract

E-commerce, as an important component of the global retail market, has deeply integrated into modern people's lives. However, in recent years, the issue of high return rates has become a major challenge faced by the e-commerce industry. This not only directly affects the sales profits and brand image of retailers, but also impacts the operational efficiency and customer satisfaction of e-commerce platforms. Therefore, this article analyzes the main factors that lead to an increase in e-commerce return rates from the perspectives of retailers and consumers and reveals the consequences that high return rates will bring to the future development of the e-commerce industry—for example, high hidden costs, unsolvable vicious cycles, and distorted business models. Meanwhile, based on the above analysis and thinking, relevant coping strategies have been compiled. This includes recommending a probability sales strategy to merchants and a Buy Online and Return in Store (BORS) strategy, proposing to the platform to establish consumer trust, targeted supervision of its merchants, and developing relevant incentive measures.

Highlights in Business Economics and ManagementVol. 46
Sungkyunkwan University (KR)
Industry, innovation and infrastructure
Openalex Percentile: Top 55%
E-commerce and Technology Innovations
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