The Retail Equation's software-as-a-service implementation provides you with many complementary services beyond the functionality of the software. It is an entire solution designed to manage and optimize your returns; below are key services that are integrally tied to our deliverables.
Consumer Call Center
If your consumer wishes to inquire about a denial (or warning), The Retail Equation maintains a consumer call center to answer questions and provide return history information in a manner customized to your existing customer services practices. While the effectiveness of our predictive analytics model results in a low occurrence of calls, every single interaction is important. Managing these communications properly is the primary reason why our clients rely on TRE to handle consumer calls, removing the potential conflict from their stores and minimizing event escalation.
In the case of a consumer problem, TRE offers a formal dispute resolution process. At the center of this process is a Return Activity Report (RAR), a document available free to consumers listing all of their individual return transaction data recorded in our database.
Store and Headquarters Support
As part of the software-as-a-service model, TRE maintains a full support team ready to assist store or retail HQ staff with any issues. This includes everything required to keep your stores operating perfectly: hardware support, 24-hour hardware replacement, store surveys to validate system understanding/compliance, and other custom analysis.
Training
TRE delivers an organized, proven training method that makes learning your new solution fast and memorable. We have a team of trainers who know our solutions inside and out. They also take time to learn your store’s consumer engagement processes, so the training you receive is completely relevant.
Data Analysis
Deploying in a software-as-a-service model enables TRE to collect data on all of your retail transactions. A data analysis document offers you a complete examination and summary of hard empirical data on which to base operational decisions. In addition, it provides significant ground-level detail on your in-store retail process, policy effectiveness, associate compliance, and consumer behavior.
Signage and Disclosure
TRE can assist retailers by reviewing current signage and receipt language and make suggestions for improving that language to make sure consumers are well informed.
Legislative Tracking and Compliance
TRE can assist you with legal reviews and legislative tracking of bills that may negatively impact consumer privacy and/or a retailer’s return processes. For example, do you know the return rules in every state? Are your return policies worded and posted properly? Are you following the necessary legal guidelines, such as issuing warnings?
