Overview:
Missing a feature you need? Want to look back on the changes to ReturnLogic you may have missed? Great! Look no further. This article covers everything you need to know.
June
Powered By ReturnLogic in Return Center
The ReturnLogic team is busy enhancing our solution, bringing new features and functionality to market. This month we added a “Powered by ReturnLogic” logo to consumer-facing return portals hosted by ReturnLogic.
Ultimately, we believe this addition will broaden our base so that we can hedge against rising costs and accelerate investment into our product. Additionally, we believe it will provide consumers with confidence that their return and payment processing will be handled in a safe and professional manner.
May
Full Bonus Credit Functionality
Dynamic Pricing
Dynamic pricing will allow merchants to choose how much additional (dollars or credit) the shopper will receive based on the price of the product being returned. Merchants will define this through product price ranges.
Store Credit
Building off the initial Bonus Credit release, incentivizing store credit allows merchants to encourage shoppers towards a store credit, over a refund by offering additional (or bonus) credit to their total store credit amount. For Shopify merchants store credit will be issued in the form of a gift card.
Bonus Credit Report
A new Bonus Credit report can now be accessed through the reports tab. This report provides a comprehensive breakdown of various elements, including retained revenue amounts and ratios comparing exchanges and store credit to refunds.
April
Nothing was released this month, so that we could put extra effort into making next months release even better!
March
Bonus Credit Phase One
Bonus Credit is part of the larger Incentivizing Exchanges product suite. A Bonus Credit allows merchants to encourage shoppers towards an exchange, over a refund by offering additional (or bonus) dollars to their total exchange amount.
January - February
Nothing was released this month, so that we could put extra effort into making next months release even better!
We're here to help! Email us at support@returnlogic.com or use the live chat inside the platform with any questions or feedback.