Artificial Intelligence is a Huge Unlocking Technology

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That Enables Transformative New Ways in Which People Want to Soundtrack Their Lives in More Ways Than Ever Before. Recommended Spotify Lets Users Create I-podcasts for Yearly Packaged Products Will Instant Refunds Change Retail? Rtp Network Raises Individual Transaction Limit to Usd 10,000 Government Agency Recommends Measures to Combat Financial Exploitation of Senior Citizens See More on: I, Artificial Intelligence, Entertainment, Geni, Genertive I, Genertive Tifiil Intelligene, Google I, Google Loud, News, Partners, Podcasts, Pymnts News, Spotify, Spotify Packaging, Streaming, Streaming Audio, Will Instant Refunds Change Retail? By Pimmz | Year Month Day | Returns, Holidays, Online Shopping the Dawn of December Brings a Rush of Retail Spending.

Sure, Gift-giving is Top of Mind for Co nigeria telemarketing data nsumers, but Consumers Are Also Treating Themselves Along the Way, as Sales and Discounts Are Hallmarks of Events Like Cyber ​​monday. With All This Spending Comes a Surge in Returns and Refunds. If Last Year's Activity is Any Indication of How Many Returns There Are, Consider This Fact: the National Retail Federation Estimates That $1 Billion of Merchandise Was Returned Throughout Last Year, $100 Million of Which Was Related to Returns Related to Holiday Sales.

In Addition to Store Credit, Returns Can Generate Refunds—and, as Found, When Consumers Get Their Money Back, Speed Leads to Satisfaction, and They're Willing to Pay for the Option. Data From Pymnts Reseh in Partnership With Ingo Pyments Earlier This Year Showed That Consumers Are More Willing Than Average to Pay Fees to Get Refunds. Returns Are a Given Returns Are Part of Any Retailer’s Relationship With Customers—if Returns and Refunds Are Handled Correctly, Buyer’s Remorse Can Turn Into a Sticky Customer Relationship.