NEW LAUNCH NATIONAL
NEW DELHI, INDIA
By IFAB MEDIA - NEWS BUREAU - January 7, 2025 | 108 4 minutes read
ClickPost, a leading logistics intelligence platform, has announced the launch of its ‘Returns and Exchanges (R&E)’ solution, designed to redefine how ecommerce brands manage returns & exchanges. With this solution, brands can transform returns and exchanges from a pain point into an opportunity for customer retention and revenue growth. The solution prioritizes revenue retention by enabling site-wide exchanges, automatic return approval and rejection, and real-time insights into refund and return trends.
Returns and exchanges are pivotal in shaping ecommerce profitability and customer loyalty. When mismanaged, these processes disrupt the customer journey, increase operational costs, and result in lost revenue. A study from Return Prime revealed that brands could face revenue losses between $20-$30 billion due to returns by 2025, making efficient returns management a critical business imperative. With R&E beta, brands were able to turn 54% of their total returns into exchanges, out of which 40% led to higher-value purchases.
ClickPost’s R&E tackles one of the industry's most challenging aspects—exchanges—through automated workflows like RazorpayX, PayU, source account transfers, and Shopify Gift cards or discount codes.
It also simplifies exchanges for Shopify merchants by offering more than standard options like replacements or size/colour adjustments. With automated refunds, full order visibility, and tailored prompts encouraging exchanges over returns, it reduces return rates, improves customer satisfaction, and boosts loyalty and lifetime value.
The platform’s design focuses on smoothening customer journeys. Its intuitive and personalised interface minimizes friction, helping customers initiate returns or exchanges with ease. Real-time updates via WhatsApp, SMS, and email keep customers informed, fostering trust and satisfaction at every step.
It integrates with WMS, ERP, and Shopify to provide real-time inventory updates, minimizing delays and improving accuracy. It automates key processes like quality checks and complex refunds, including RTO shipments, with daily reconciliation reports for reliability. By addressing challenges in high-return sectors such as fashion and electronics, the solution helps brands scale efficiently and build stronger customer relationships.
“Returns and exchanges are no longer just operational challenges—they’re pivotal opportunities to empower customers and drive loyalty,” said Naman Vijay, CEO of ClickPost. “Implementing a comprehensive Returns and Exchanges program with multiple policies is a challenge for any e-commerce brand,” said Prashant Gupta, Co-founder of ClickPost. “We have simplified this with a plug-and-play solution that integrates seamlessly, helping brands protect revenue and retain customers without extra dedicated development resources”, Prashant added.
With this new offering, ClickPost is set to empower not only its 450+ brand partners, such as Nykaa, Birkenstock, ABFRL, Berrylush, and Eridani, but also countless other e-commerce businesses across India and beyond. By reimagining one of the hardest challenges of the industry, ClickPost’s R&E will turn returns into avenues for growth and loyalty.