How QR Codes are Revolutionizing E-commerce Efficiency

From streamlining the shopping experience to optimizing logistics, QR codes are revolutionizing e-commerce efficiency. Learn more about the increasingly popular uses of QR codes in e-commerce.

How QR Codes are Revolutionizing E-commerce Efficiency
15
min Read
Georgina Monti

In the fast-paced world of e-commerce, efficiency is a necessity for brands of all types and sizes. From streamlining the shopping experience to optimizing logistics, every aspect of e-commerce hinges on the ability to do more with less. 

Enter QR codes.

The unassuming squares of black and white pixels that are quietly transforming the landscape of online shopping.

What are QR Codes?

QR codes, short for Quick Response codes, have been around for decades. However, their potential in e-commerce has only recently been fully realized. These two-dimensional barcodes encode information that can be quickly and easily scanned and processed by smartphones.

How Are QR Codes Revolutionizing E-commerce Efficiency?

Providing Seamless Shopping Experiences

One of the most significant ways QR codes are improving e-commerce efficiency is by streamlining the shopping experience for customers. Traditionally, online shoppers faced long checkout processes, especially when it came to entering shipping and payment details manually, resulting in a high number of abandoned carts. However, with QR codes, these steps can be simplified significantly. By scanning a QR code at checkout, customers can instantly access their account information, eliminating the need for tedious data entry and reducing the risk of errors.

Moreover, QR codes are being integrated into product packaging to provide shoppers with instant access to additional information. Whether it's product specifications, user reviews, or instructional videos, scanning a QR code allows customers to make more informed purchasing decisions without having to search for information manually. This allows costumers to have all of the information at their fingertips to make a fully informed decision. This also fosters customer trust, especially in industries where counterfeit products are an issue.

Optimizing Logistics

Beyond improving the shopping experience, QR codes are also revolutionizing the logistics of e-commerce. For inventory management, QR codes have become an invaluable tool for quick and simple real-time inventory information such as stock levels, restocking requirements and warehouse locations. This reduces the risk of both over and under stocking allowing brands to better prepare for customer demands.

Another area where they are making a significant impact is in shipping and delivery processes. Traditionally, shipping labels had to be printed and affixed to packages manually, consuming time and resources. However, with QR codes, this task becomes as simple as a scan.

Many e-commerce platforms now offer QR code-based shipping labels, allowing merchants to generate labels digitally and attach them to packages with ease. This not only saves time and reduces costs but also minimizes the risk of errors associated with manual data entry. With this, customers can now track their orders at every step of the way allowing shoppers to know exactly when to expect their package, as opposed to the 5 hour delivery windows often given. 

QR Codes are also proving their value when it comes to returns. Instead of having to ask customers to print labels and deal with printers, brands can send return labels directly to customers via QR codes. Removing the need for printers, customers can then take the package to the local drop off where the QR code is scanned on their phone, and the label is correctly printed and attached by the carrier.

VESYL provides the option for shippers to print their labels or download them as QR codes. This is not only a great option for streamlining returns, but also eliminates the time associated with printing and attaching labels to packages. Learn more about our shipping software or book a quick demo with us.

Enhanced Marketing Opportunities

In addition to their operational benefits, QR codes also present exciting marketing opportunities for e-commerce businesses. By incorporating QR codes into materials, such as advertisements, flyers, or product packaging, brands can engage customers in interactive experiences.

For example, scanning a QR code might lead customers to exclusive discounts, promotional offers, or interactive content, fostering brand loyalty and driving conversions. Moreover, QR codes can be used to gather valuable data about customer behavior and preferences, enabling brands to tailor their marketing strategies more effectively.

Once customers have received their order, QR codes are an effective way to encourage customers to share their feedback and product reviews. 

Looking Ahead

From simplifying checkout processes to optimizing logistics and enhancing marketing efforts, QR codes offer a vast range of benefits for both stores and customers alike. By embracing this technology, e-commerce businesses can stay ahead of demands and deliver exceptional shopping experiences in an increasingly competitive landscape.

Best Practices in Return Logistics: A Complete Guide
15
min Read
Georgina Monti

With the average return rates for e-commerce stores between 20-30%, according to Shopify,  return logistics can no longer be overlooked. Not only does smooth returns enhance the customer experience, but also removes costly and timely bottlenecks for brands. In this guide, we'll dive into the world of return logistics, exploring best practices and strategies.

The Importance of Return Logistics

Return logistics are the processes involved in handling product returns, exchanges, and refunds in the e-commerce ecosystem. The inability to touch, try and see items in person first, make returns an inevitable part of e-commerce. Whether it’s due to sizing or fit issues, a defective or faulty item, or a number of other potential reasons, providing a smooth returns process can enhance your brand reputation, customer loyalty and give you the competitive edge. Think of it as the brand's opportunity to shift a negative experience into a positive and memorable one. 

Best Practices in Return Logistics

Clear and Transparent Return Policies

A clear and transparent return policy removes the guesswork and lets your customers know exactly what to expect if they need to return or exchange an item. This increased transparency builds trust with customers and leads to loyal customers. 

The return policy should be easily accessible on your website. Some brands choose to include it in a drop down menu on the product listing itself along with sizing and product information. This enables customers to make informed decisions without needing to search the website or contact the CX team. 

A clear and transparent returns policy needs to include:

  • The time frame for returns and exchanges period. Most customers expect a 30 day return policy.
  • The conditions required for all returned products.
  • If you have different policies and requirements for different products, make sure these are clearly outlined and communicated. 
  • Clearly outline any return costs. Free returns are a big draw for online shoppers. Brands can also outline different costs for different return reasons, such as the customer is required to pay the return fees if the reason for return is that they changed their mind. However, for a faulty or damaged product, the brand covers the return fees. 
  • Give clear step-by-step instructions on how customers can initiate a return. Include key information about whether they need to return the item in the original packaging, where they can locate the return label and once again the condition the item needs to be returned in. (For more straightforward returns, leverage VESYL’s QR codes, allowing customers to download the QR code and take it to their local drop off point, without needing to print any labels.)

Simplified Return Processes

Streamline the returns process by providing multiple return options like online returns, in-store returns, or drop-off locations. This accommodates varying customer preferences and situations, ensuring convenience and flexibility. For example, Amazon's "Online Returns Center" simplifies returns with a user-friendly interface, allowing customers to initiate returns swiftly and effortlessly. By diversifying return channels and leveraging user-friendly platforms, businesses can optimize the returns experience, reduce friction, and ultimately foster stronger customer relationships. Brands can also leverage returns software to centralize return tickets in one place, provide a simple user interface for customers to use and provide detailed information on the progress of the return. 

Within shipments on VESYL, under actions, you can create a return label on a shipment, allowing you to quickly and easily get return labels over to your customer to return an item.

Efficient Return Handling

To optimize efficiency in return handling, it's essential to invest in streamlined procedures that minimize processing time and costs. Automation tools and dedicated teams play a crucial role in managing returns promptly and accurately. By leveraging automated return processing systems, like ASOS does, businesses can efficiently handle high volumes of returns, mitigating manual workload and reducing processing time. This not only enhances operational efficiency but also ensures timely resolution for customers, leading to improved satisfaction and retention. Embracing technology and implementing efficient workflows are key strategies to increase efficiency in return management, ultimately driving better outcomes for both businesses and customers.

Encouraging Exchanges Over Returns

By offering incentives such as free return shipping labels for exchanges or store credits, businesses can incentivize customers to opt for exchanges, retaining revenue and fostering positive relationships. For example, brands can offer a gift card for a slightly higher value than the original purchase to encourage customers to continue their journey with the brand. Finally, by leveraging easy-to-use exchanges software allows customers to quickly pick the product size, color or type they wanted to exchange for. This streamlines the process by reducing the need to speak to a CX representative and providing the customer with the options at their fingertips.

In Conclusion

With the increase in online shopping, the demand for excellent customer service and quicker resolutions, mastering return logistics can set your brand ahead in an increasingly competitive landscape. By implementing best practices such as clear return policies, simplified processes, and encouraging exchanges, businesses can streamline their return logistics while providing exceptional customer experiences. Remember, prioritizing exchanges over returns not only reduces the strain on your team but also strengthens customer relationships, ultimately driving long-term success.

5 Strategies to Tackle Business Seasonality
15
min Read
Georgina Monti

Black Friday, Christmas, summer and winter all provide peak sales opportunities for businesses of all kinds and sizes. But what happens when those seasons and events are over?

Businesses face unique challenges due to fluctuations in demand during off-peak periods. However, by implementing effective off-season strategies and adapting to these fluctuations, businesses can maintain sales and drive growth year round. In this article, we'll explore five effective strategies to help businesses navigate the peaks and troughs of demand.

5 Strategies to Tackle Business Seasonality

Collaborate with Other Brands

Collaborating with complementary brands can be a fun and effective way to expand your customer base and offerings to generate revenue during the off-season. By partnering with other businesses that target a similar audience but operate in different seasons or industries, you can cross-promote each other's products. For example, a sunglasses brand could partner with a ski or snowboard apparel brand to offer a complete winter bundle. This not only increases exposure but also provides added value to customers.

Stay in Touch With Customers

Maintaining communication with your customers is key to keeping your brand top-of-mind. By leveraging social media and email, brands can provide relevant and valuable content, along with exclusive offers to keep them engaged and interested in your brand, even when they're not actively purchasing. Combine this with the other 4 strategies in this article, and you’re well on your way to year-round success.

Create a Loyalty Program

Loyalty programs are a powerful tool for retaining customers and encouraging repeat business. Brands can offer rewards, discounts, or exclusive perks to incentivize loyalty and keep customers coming back. For already loyal customers, implement tiered loyalty programs with special benefits and privileges to help them feel valued. Not to mention, it’s an effective way to increase customer lifetime value and average order value. 

Offer Special Promotions and Discounts

During the off-season, brands can use special promotions such as free shipping, discounts, bundles or limited-time offers to incentivize sales. Create a sense of urgency by highlighting the savings and emphasizing the limited time on the offer. This not only helps to boost sales, but also helps to clear excess inventory ahead of the next season. However, it's important to offer limited time offers that do not affect the perceived value of the brand.

VESYL serves up the best-in-class rates year round so you can pass those savings on to your customers, or offer free shipping without it eating into your revenue. 

Diversify Product Offerings

Expanding your product offerings can help to reduce the impact of seasonal fluctuations on your business. For example, a womens footwear brand could focus on sandals in the summer, and boots and slippers in the winter. By diversifying your offerings, you can attract customers and generate revenue even when demand for your primary products is low.

Conclusion

Seasonal fluctuations in business are inevitable, but with the right strategies in place, these off-peak periods can become excellent opportunities for growth. By collaborating with other brands, staying in touch with customers, creating loyalty programs, offering special promotions and discounts, and diversifying product offerings, businesses can thrive year-round. 

Looking to lock in the most competitive shipping rates year round? Book a demo with VESYL today.

3 Simple Tips To Reduce Shipping Costs
15
min Read
Georgina Monti

It’s no secret that shipping costs can eat into your bottom line as a brand. However, with some strategic planning and optimization, you can significantly reduce shipping expenses while still delivering a polished customer experience. In this article, we'll explore 3 simple tips to reduce shipping costs without compromising on quality.

Optimize Packing

One of the easiest ways to reduce shipping costs is to optimize packing, and there’s a variety of simple ways to get started:

  • Right-size Packaging: Choose packaging that fits your products snugly to minimize wasted space and avoid dimensional weight charges. Using smaller boxes or envelopes can often result in lower shipping costs. Not to mention, correctly packaging products helps to reduce the risk of damage in transit, further reducing the costs, and time, associated with damage claims.
  • Lightweight Materials: Use lightweight packing materials such as bubble wrap, corrugated cardboard or air pillows to protect items without adding unnecessary weight to packages. This helps to lower shipping costs for shipments priced by weight.
  • Eliminate Excess Packaging: Avoid overpacking by using just enough cushioning to protect items during transit. Removing excess packaging materials can reduce package dimensions and weight, leading to lower shipping costs. However, while minimizing packaging, it’s important to still use a sufficient amount to reduce the risk of damages during transit.

Rate Shop

Just as you would compare the costs of products in the supermarket, shipping costs are no different. 

  • Use Shipping Software: Instead of having to manually compare rates and shipping speeds across various carriers, leverage shipping software that does it all for you. VESYL serves up the most competitive shipping rates in real time across multiple carriers so you can make the best informed choice. The software also allows you to pre-define frequently used package dimensions, to not only save on costs, but also time. 
  • Negotiate Carrier Rates: If you have a high shipping volume, consider negotiating discounted rates directly with carriers. Many carriers offer volume-based discounts or incentives for loyal customers, which can help lower your overall shipping costs. However, it’s important to note that this option does limit flexibility in case of shipping disruptions. 

Learn more about VESYL's automations to reduce costs and time.

Utilize Discounted Supplies

Shipping supplies can add up quickly, but there are ways to save on packaging materials:

  • Bulk Ordering: By analyzing order history, you can identify the most used package sizes and types and look at bulk ordering to reduce costs. This includes boxes, envelopes, tape, and labels in bulk to fully take advantage of volume discounts, helping you save on packaging costs in the long run.
  • Utilize Carrier Supplies: Take advantage of free or discounted shipping supplies offered by carriers. Many carriers provide free packaging materials, such as boxes and envelopes, to their customers. By using these supplies, you can save on packaging costs and ensure compatibility with carrier specifications.
  • Consider Eco-Friendly Options: Look for environmentally friendly packaging materials that are not only cost-effective but also sustainable. Recycled cardboard boxes, biodegradable packaging peanuts, and compostable mailers are eco-friendly alternatives that can help reduce shipping costs, improve brand reputation all while minimizing environmental impact.

By implementing these three simple tips, you can effectively reduce shipping costs for your e-commerce business. Remember to regularly review and adjust your shipping strategies to ensure ongoing cost savings and optimal efficiency. With a little planning and optimization, you can streamline your shipping process and boost your bottom line while providing excellent service to your customers.