Dear fastlaners,
My partner and I seem to have a disagreement on our return policy.
I have suggested a return period of 90 days, which will give us an edge over our competition.
My partner insists that 60 days is better because of the liability. He says we can get stuck with expensive inventory, while I say it can be liquidated if needed.
In your experience, does an extended return policy increase sales? Will customers return items more if they have more time?
Should our return policy be 60 day or 90 day?
My partner and I seem to have a disagreement on our return policy.
I have suggested a return period of 90 days, which will give us an edge over our competition.
My partner insists that 60 days is better because of the liability. He says we can get stuck with expensive inventory, while I say it can be liquidated if needed.
In your experience, does an extended return policy increase sales? Will customers return items more if they have more time?
Should our return policy be 60 day or 90 day?
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