Apparel April 2019 Apparel May 2019 issue | Page 68

INDUSTRY INSIGHTS Free Returns No More? Samir Alam decodes how free returns are being slowly replaced by other customer incentives and benefits in the online shopping sphere. Online shopping is one of the most disruptive innovations in the world of technology and business. Starting in the 1990s, the first wave of the Internet-enabled shopping platforms was a novelty that soon disappeared with the IT bubble. However, the lessons learnt from this experience gave birth to e-commerce in the form of companies like eBay and Amazon which have revolutionised how we shop. In India, this trend also took off with the rising proliferation of the Internet, as companies like Flipkart began following in the footsteps of their Western counterparts. Ten years later, numerous brands, companies and products are accessible on the Internet, from food to furniture and apparel to groceries. 62 I APPAREL I May 2019 For the apparel and fashion industry, this hasn’t been the easiest path. Due to the traditional nature of clothing and fashion in India, the idea of purchasing goods online, without the benefits of touch or trial rooms, has been difficult. This is why e-commerce brands have always touted offers of ‘free returns’, which ensured that if the customer wasn’t satisfied with their purchase, they could always send it back at zero expense for a refund. This measure has been instrumental in attracting hesitant consumers and changing their perceptions and expectations about online shopping. This is why it came as a bit of a surprise when in early April, Walmart-owned Myntra, a major apparel e-commerce platform, announced that