Offering your consumers the ability to return products because they’ve changed their minds is a great policy. Knowing what to do with products that have been returned and can no longer be sold as new is something all retailers need to tackle.

This Nanocast™ 32 looks at 3 things that can be done with returned products that can’t be put back onto the shelf to resell as brand new.

Terminology

NMR = Nano and Micro Retailer - listen to this podcast to find out more about NMRs.

Merchandise Planner - Listen here to find out what merchandise planning is.