$35 Billion: UK's Online Returns | Vantage with Palki Sharma | Subscribe to Firstpost

$35 Billion: UK's Online Returns | Vantage with Palki Sharma | Subscribe to Firstpost

UK's online shopping returns are estimated to reach $35 Billion this year. And "serial returners" will result in $8.5 Billion of online shopping returns. But the UK is not alone year. About a third of online shoppers return products regularly globally. What happens to these products? What are the repercussions? Where do India and other countries stand?

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UK | Online Shopping | Return Policy | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#uk #onlineshopping #returnpolicy #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[RamPendyala-im]

It goes both ways. The sellers need to ship the right product in good working condition that matches the advertised product as well! If that can be done, the returns may come
Down significantly. No?

[New_atheist]

“Someone somewhere has to pay the price for it “ perfectly said as ppl buy stuff for one time use eg speakers for weekend party and then return, we should do better 😞

[atariwee]

If there is no return policy then online shopping itself will go down and so does the economy. It is sellers who manipulate online shopping more.

[wardrobelion]

That's exactly right Palki. It sickens me to see this. Clothes are especially difficult to shop for online. There is no perfect size. We're just filling our world with trash and making the rich richer because they send it right back to the consumers or employees.

[rmrrao]

One way to avoid returns, don't ship hair color to a customer when he ordered wifi adapter. This by a company collecting an annual fee for free shipments.

[vivekagrawal]

block the sellers whose products get returned more than the acceptable limit. Block the buyers who return more than acceptable limit. Set a target for both.

[helicalactual]

How can we build a better supply chain and ensure the product for the user better?

[nelsonchinasamy]

We humans are losing it completely. All the majority do is work, eat and sleep and are glued to the cellphone whenever free time is available. No physical exercise whatsoever. At least with shopping they had an opportunity to go out and exercise their body. Now many don't even do that.

[mukeshvig]

If you’re buying merchandise based on pictures and seller’s (generally inflated) descriptions, returns will occur, regardless. If they make Returns hard for customers, it will bring a negative impact on sales.

But today’s prices are also covered for returns, thefts and damages anyway.

[BhoomiPutra-sp]

Palki your eyebrows! Nice, a standout feature and rare. I try to find outstanding features. No offense please.

[gentik]

I love it when the media worries about the companies losses

[Robertnoparty]

Firstpost isn’t a credible news source

[RamalingamKB]

Produced good staying in Shop's Goodown is as waste as returned Good. Learn to look at Big Picture.

Employment
Life of Choice
Waste Management
Cash flow
Scope for making the customer happy.

Don't waste a good mistake, learn from it

[jeusnimrod]

#12 UNDP responsible production and consumption
You can not buy or sell soon 'commerce' will cease, only ration of your need and not what you want.