5 Simple Hacks That CUT REFUNDS IN HALF #refunds

Click & Convert with Maria Sparagis · Jul 14, 2022 · 15m

The biggest hit to your online business revenue: product returns, refunds, and chargebacks.

Most business owners focus on handling chargebacks (and so do we), but refunds are equally important and can affect your revenue just as much.

In fact, returns and refunds affect your bottom line revenue by as much as 20%! And that's not even including all the time it takes to process those returns as well as the customer service costs, which can also add up to significant losses for your business.

Simply put, the cost of a refund adds up—and it's much more than the loss of the sale.

The good news is…