Saturday , April 20 2024
Home / le News / Switzerland’s high online purchase return rate

Switzerland’s high online purchase return rate

Summary:
In Switzerland, 15.6% of purchases are made online, slightly above the European average of 15.5%, according to a survey by the delivery company DPD. However, when it comes to returning items Swiss e-shoppers are far above the European average. © Martinmark | Dreamstime.comThe most common items bought online in Switzerland are books, clothing and shoes. 49% of books, 61% of shoes and 68% of clothes are bought online. All of these percentages were higher in Switzerland than the European averages: books (46 %), shoes (50 %), clothes (58 %). The main motivations cited for shopping online were convenience and saving money. 72 % of Swiss e-shoppers think that online shopping saves time, while 51 % also think that it saves money. In addition, 63 % of regular e-shoppers think that shopping

Topics:
Investec considers the following as important: , ,

This could be interesting, too:

Investec writes Swiss health care costs continued to rise in 2022

Investec writes Swiss parliament rejects adding dental care to basic insurance

Investec writes Study shows how Swiss doctors and hospitals overcharge

Investec writes Health care cost brake initiative to go to a vote

In Switzerland, 15.6% of purchases are made online, slightly above the European average of 15.5%, according to a survey by the delivery company DPD. However, when it comes to returning items Swiss e-shoppers are far above the European average.

© Martinmark | Dreamstime.com

The most common items bought online in Switzerland are books, clothing and shoes. 49% of books, 61% of shoes and 68% of clothes are bought online. All of these percentages were higher in Switzerland than the European averages: books (46 %), shoes (50 %), clothes (58 %).

The main motivations cited for shopping online were convenience and saving money. 72 % of Swiss e-shoppers think that online shopping saves time, while 51 % also think that it saves money. In addition, 63 % of regular e-shoppers think that shopping online is less stressful than shopping in store.

Shopping online saves time and the possibility to save money. But it doesn’t allow clothing and shoes to be tested for fit, something online retailers have tried to resolve with free returns.

In Switzerland, 27% of the regular e-shoppers surveyed returned their last order, compared to the European average of 12%. Why is unclear. One hypothesis is that it is driven by the possibility offered in Switzerland to have items shipped ahead of payment, something rare across the rest of the world, reported RTS.

The company Zalando is the returns leader. 50% of all returns across Europe are to the company.

However, the free return honeymoon appears to be ending. Some large online retailers are starting to charge for returns. And Zalando now only offers free returns on orders costing more than CHF 30.

More on this:
DPD survey (in English)

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *