What is Return Rate?
Return Rate is defined as: Percentage of sold items returned by customers. High return rates erode margin and indicate product-market fit or quality issues.
What data source is used to measure Return Rate?
Return Rate is typically measured using data from a POS / Ecommerce Platform. This system of record provides the transactional and operational data required to calculate and monitor this metric accurately and in real time.
Which industries track Return Rate?
Return Rate is a key performance indicator used across the following sectors:
How does Firehawk Analytics measure Return Rate?
Firehawk Analytics connects directly to your POS / Ecommerce Platform and delivers a live Return Rate dashboard. Configuration is completed within 48 hours — no data analyst required on your team.