We're in an age where anything and everything can be purchased online and delivered to your doorstep. Things can go wrong during any step of the process though, such as delivering the wrong product or ordering the wrong size. Product returns are thus an inevitable part of any business. With 92% of consumers agreeing that they will buy again if product returns are easy, it's clear how important handling sales return is for your business.
But managing the entire returns process is no piece of cake! There's incoming merchandise to record, inventory to adjust, customer refunds to issue, and RMAs to track. This can take up considerable time and resources. We at Zoho Inventory have always tried to improve your business experience, and now we present to you a strong Return Merchandise Authorization (RMA) process to manage your returns easily.
Benefits of Zoho Inventory's RMA process
1) Record item returns from ecommerce sites
Suppose that you sell your goods through Amazon, Etsy, eBay and Shopify. If you receive return requests through all of these channels, you will have to adjust the stock for each one manually. This can be a time-consuming process.
Zoho Inventory integrates with multiple ecommerce platforms, so you can record a sales return against an order whenever you receive a return request. This will update your stock across all of your marketplaces automatically.
2) Configure items that can be returned
Have total control over which items can be returned. Zoho Inventory allows you to determine the items that are eligible to be processed for RMA. This ensures that, for instance, perishable commodities like food items cannot be returned, while non-perishable items are eligible for return.
3) Update your stock correctly
Imagine that you run a firm that sells flooring tiles. One of your customers received a few broken tiles, which caused the entire order to be returned. How will you make sure that the damaged and whole returned items are updated in your inventory correctly?
In Zoho Inventory, you can handle this by specifying the quantity of damaged goods separately in the sales return. These goods will not increase your available stock, while the other returned goods will be added back to your stock. You can also create credit notes for the damaged products. This way, you get both a satisfied customer and an accurate inventory!
4) Issue customer refunds promptly
Let's say that one of your frequent customers ordered a dress, but found that it didn't fit her and so returned it. However, her credits were accidentally applied to the wrong customer, and by the time the problem was resolved, she'd waited weeks to get her refund. This kind of experience can frustrate even the most devoted customer.
Steer clear of such mishaps and refund customers on time with Zoho Inventory. Upon receiving the returned item, you can create customer credits directly from the RMA. Depending upon your company's return policy and the customer's preference, credit notes can be applied to future transactions, converted to a refund, or used for an exchange.
5) Track and follow up your returns
A product return doesn't end with creating a return request. You still have to answer customer inquiries and follow up on the status of returns internally. The sales return history report in Zoho Inventory comes in handy here by allowing you to track the status of each RMA and check customer balances too.
How do you get started?
Log in to your Zoho Inventory account and mark items as returnable to make them eligible for RMA. Whenever you receive a return request for one of the marked items, you can easily create a sales return for the corresponding sales order.
To learn in depth about how to handle product returns in Zoho Inventory, head over to our help document and FAQs. Have further questions? Our support team is always here to help you out. Try out the new sales return feature and let us know your thoughts in the comments below.
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