Information and its impact on consumers׳ reactions to restrictive return policies
Kenneth D. Bahn and
Eric Boyd
Journal of Retailing and Consumer Services, 2014, vol. 21, issue 4, 415-423
Abstract:
Designing an effective return policy is a difficult task for retailers. A very restrictive return policy can keep logistic costs down and prevent fraudulent returns but it can also have a negative effect on consumer behavior. Two experiments explore the role of assortment-related information in moderating consumers׳ negative reactions to more restrictive product return policies. The results demonstrate that consumers will view an assortment characterized by a more restrictive return policy as attractive to the extent that the assortment supports the information processing strategy triggered by the return policy.
Keywords: Return policy; Product assortment; Information processing; Attitudes (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (14)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joreco:v:21:y:2014:i:4:p:415-423
DOI: 10.1016/j.jretconser.2014.03.002
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