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Zalando is Banning Shoppers: Are Returns Killing YOUR Profits?

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Manage episode 514849074 series 3371120
Content provided by Smarter Ecommerce. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Smarter Ecommerce or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This controversial episode is tackling the messy side of shopping! Hosts Mike Ryan and Christian Scharmueller dive straight into the news that Zalando is tightening its return policy, issuing warnings and even year-long bans for shoppers with "disproportionately high return volumes".

With fashion return rates soaring (sometimes 30-70%!), they break down why retailers are finally getting serious about profitability and why relying solely on order value is a massive, costly mistake for your advertising campaigns.

But don't panic! We offer the smart, proactive solution: leveraging off-channel first-party data.

Mike and Chris explain how you can integrate return rate data into your campaigns using tools like Conversions with Cart Data and even Google’s Product Return Rate Predictor. Plus: Mike and Chris take a look at how Google is leading the pack with virtual try-on technology to stop returns before they even happen.

Finally, the boys tackle the all-important Black Friday strategy, discussing the dilution of the sales event and Google's new "triple peak week" thesis: Surging Sunday, Black Friday, and Cyber Sunday.

Links mentioned in this episode:

https://smarter-ecommerce.com/en/smec-market-observer/
https://cloud.google.com/vertex-ai/generative-ai/docs/model-reference/virtual-try-on-api
https://github.com/google-marketing-solutions/product-return-predictor

About smec (Smarter Ecommerce):

At smec - Smarter Ecommerce, we specialize in transforming business goals into optimized ad campaigns. With over 16 years of experience in Google & Microsoft Ads, our intelligent software and expert services help retailers achieve superior results.

We're committed to giving you the tools and insights needed to stay ahead in the ever-evolving world of digital advertising.

Make sure to follow smec - Smarter Ecommerce for more performance marketing insights:

  continue reading

Chapters

1. Zalando is Banning Shoppers: Are Returns Killing YOUR Profits? (00:00:00)

2. Mike's history with "Dumb Money" (00:00:09)

3. Zalando is Banning Shoppers: The New Return Policy (00:01:55)

4. Return Rates & Profitability: The First-Party Data Problem (00:03:16)

5. The Smart Fix: Google's Cart Data & Predictor Tools (00:09:44)

6. Virtual Try-On: AI's Proactive Solution for Returns (00:12:40)

7. Google's Lead in Full-Body Virtual Try-On (00:14:59)

8. Peak Season Strategy: Black Friday's Dilution (00:18:10)

9. Google's "Triple Peak Week": Surging Sunday, Black Friday, Cyber Sunday (00:19:39)

10. smec's free Market Observer Tool (00:22:58)

11. Final Thoughts (00:24:24)

77 episodes

Artwork
iconShare
 
Manage episode 514849074 series 3371120
Content provided by Smarter Ecommerce. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Smarter Ecommerce or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This controversial episode is tackling the messy side of shopping! Hosts Mike Ryan and Christian Scharmueller dive straight into the news that Zalando is tightening its return policy, issuing warnings and even year-long bans for shoppers with "disproportionately high return volumes".

With fashion return rates soaring (sometimes 30-70%!), they break down why retailers are finally getting serious about profitability and why relying solely on order value is a massive, costly mistake for your advertising campaigns.

But don't panic! We offer the smart, proactive solution: leveraging off-channel first-party data.

Mike and Chris explain how you can integrate return rate data into your campaigns using tools like Conversions with Cart Data and even Google’s Product Return Rate Predictor. Plus: Mike and Chris take a look at how Google is leading the pack with virtual try-on technology to stop returns before they even happen.

Finally, the boys tackle the all-important Black Friday strategy, discussing the dilution of the sales event and Google's new "triple peak week" thesis: Surging Sunday, Black Friday, and Cyber Sunday.

Links mentioned in this episode:

https://smarter-ecommerce.com/en/smec-market-observer/
https://cloud.google.com/vertex-ai/generative-ai/docs/model-reference/virtual-try-on-api
https://github.com/google-marketing-solutions/product-return-predictor

About smec (Smarter Ecommerce):

At smec - Smarter Ecommerce, we specialize in transforming business goals into optimized ad campaigns. With over 16 years of experience in Google & Microsoft Ads, our intelligent software and expert services help retailers achieve superior results.

We're committed to giving you the tools and insights needed to stay ahead in the ever-evolving world of digital advertising.

Make sure to follow smec - Smarter Ecommerce for more performance marketing insights:

  continue reading

Chapters

1. Zalando is Banning Shoppers: Are Returns Killing YOUR Profits? (00:00:00)

2. Mike's history with "Dumb Money" (00:00:09)

3. Zalando is Banning Shoppers: The New Return Policy (00:01:55)

4. Return Rates & Profitability: The First-Party Data Problem (00:03:16)

5. The Smart Fix: Google's Cart Data & Predictor Tools (00:09:44)

6. Virtual Try-On: AI's Proactive Solution for Returns (00:12:40)

7. Google's Lead in Full-Body Virtual Try-On (00:14:59)

8. Peak Season Strategy: Black Friday's Dilution (00:18:10)

9. Google's "Triple Peak Week": Surging Sunday, Black Friday, Cyber Sunday (00:19:39)

10. smec's free Market Observer Tool (00:22:58)

11. Final Thoughts (00:24:24)

77 episodes

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