February 14, 2023
Reducing Returns
From our latest e-book Reducing Returns - A guide for growing fashion brands, we learn many strategies and tactics on how to win the battle over your returns. One of them are to optimize the level of expectation you set for your customers and help them make informed purchase decisions. Doing so you want to make sure that your size & fit is on top of the game.
The Importance of Accurate Sizing Information
Accurate sizing and fit information is not just a convenience—it's a necessity in the online fashion industry, where a significant percentage of returns are due to poor fit. Providing clear, detailed sizing information can drastically reduce these returns, improve customer satisfaction, and enhance your brand's reputation.
Misfits account for around 70% of all returns in the fashion sector. This high figure illustrates the critical role accurate sizing information plays in reducing returns. Brands that succeed in providing precise fit details benefit from lower return rates, higher customer retention, and better overall profitability. But there are a lot of ways to do it and in this blog post we have summarized the key findings from our e-book Reducing Returns.
How to provide accurate sizing information and reduce returns
Expert Insight
"Brands need to be more consistent with sizes. Look at Nike, if you have US9 you do not need to try it, you can buy the same size and it will fit you. But many new fashion brands usually have many different sizes for the same size 'small' which is very confusing and leads to huge amounts of returns," says Moon-Suck Song, CEO & Co-Founder at Panagora.
Providing accurate size and fit information is a fundamental component of reducing returns in the fashion industry. By investing in accurate sizing guides, innovative technology, and customer feedback systems, you will help customers make informed buying decisions and put yourself in a position to significantly decrease your return rates.
Want to learn more about this and other great tactics to reduce your returns? Make sure to download the full e-book Reducing Returns