Magento RMA Extension: Although online shopping has made our lives easier, it has its own risk associated with it. People buy the products based on pictures, videos, and reviews; but they can’t check the product actually. Parcel Delhi Magento RMA Extensionvery has also its risk as the package can be lost, misplaced, or even damaged. This is the reason people rely upon the product’s return policy before purchasing anything.
An easy return policy will encourage customers to visit your store again and would definitely repurchase the product if they had a nice return experience. Thus return policy has a significant influence on sales. Using the Return Merchandise Authorization (RMA) capability, Magento can aid store owners in creating a return procedure that works best for the store and its consumers. Every seller, sooner or later, will need to develop an effective Magento 2 RMA process.
What is RMA in Magento 2?
RMA (Return Merchandise Authorization) refers to the procedure of returning a product for a refund, replacement, or repair within a certain time frame. RMA is proved to be helpful when it comes to organizing product returns, refunds, exchanges, and purchase cancellations. The purpose of RMA is to make the return transaction consistent for the buyer, practical for the merchant and economical for all the customers. RMA is important for every business since it allows the owners to remove the errors and prevent their items from being returned. They might be able to provide cost-cutting alternatives.
Why should you automate the RMA process?
The RMA method eliminates several issues with product returns and helps you reach various goals:
- Easy data gathering from the client
- Evaluation of the product condition
- A faster way to satisfy the customers
- Customers feel confident and secure
- Helps build a long-term relationship with the clients
- Increases store’s reputation and customer trust
- Offers different options for return request
- Saves money in the long run
How to set up RMA in Magento?
Magento Open Source does not support built-in RMA extensions. You have to use a third-party extension to integrate RMA in the store. RMA can be easily configured from the backend in the Sales area for stores using the Magento 2 version of Magento.
RMAs can be sent manually, or you can create return criteria that automatically approve or reject RMA requests, depending on your E-commerce system. By lowering the time necessary for RMA requests, automated setups of the RMA process will relieve online merchants and increase customer satisfaction.
- RMA reasons
The customers’ reasons for returning a bought item to the retailer are referred to as an RMA reason. This data will be used to evaluate your business channels, transportation provider, and several other phases in the purchase and delivery process.
- RMA statuses
RMA statuses are used to organize RMA requests by their current stage and make them easier to track for shop managers and consumers. Grades like Approved, Pending, Rejected, Package sent, Delivered, Closed, etc. are available in the process and you can add different statuses also as per your requirements.
- RMA resolutions
The RMA resolution field indicates the desired outcome of the customer’s return request. This is usually in the form of a refund, in-store credit, or an exchange.
Benefits of RMA
In the world of online business, the average product return rate is approximately 20%. Both E-commerce and its customers gain benefits from incorporating the RMA framework into this process. Magento 2’s RMA extension (Return Merchandise Authorization) enables the business owner to incorporate an RMA system for their consumers, allowing them to submit a product return request. Here are some benefits of RMA integration in your Magento store:
- Increased purchase rate of the customers
While returns and exchanges are not always a pleasant experience, having an RMA to streamline the process may help you increase sales significantly. A customer with a good return experience is likely to visit and buy again from the store as he/she has a particular trust in your site.
- Source of data for store improvement
Keeping track of all returns in one location might provide helpful information for optimizing the returns process. You can know the actual reason for your product return. You will observe a decrease in the number of fair swaps for the products with any issues, as well as a reduction in your prices.
Best practices using RMA
Get the most out of your Return Merchandise Authorization to keep your business running smoothly by following some best RMA practices.
- Support offline RMA
If a customer can purchase through an offline channel, it’s a good idea to also manage their RMA requests. A customer-focused online business should allow customers to begin a smooth return process regardless of how they made their purchase.
- Allow your customers to pick exchanges
When the customers decide on an exchange procedure, it is appropriate for an E-Commerce company to provide them with a variety of exchange possibilities. You can improve the entire RMA cycle by allowing the customer to choose an acceptable exchange choice.
- Permit printing labels
A return label that the customers get along with the purchase is hard to handle because it can get lost or destroyed. To avoid such scenarios, just provide your customers with the option of downloading and printing a return slip from your online store.
- Connect returns to purchases
It is a good idea to generate fresh returns in conjunction with initial orders to make subsequent purchases and returns easier to track. Select an RMA solution that has this feature.
- Simplify RMA monitoring
The RMA system you choose should have a user-friendly interface for logging and tracking returns, as well as communication.
Features of iCreative technologies’ Magento RMA Extension for E-commerce store:
We have built a modular RMA extension for your Magento 2 store which has the following fabulous features:
- Requested RMA records
- RMA request forms
- View RMA details
- RMA form for guest user
- Manage RMA system
- Manage RMA records
- View RMA records
- Manage package condition
- View/Edit package condition
- Manage product reason
- View/edit product reason
- General configuration
Summing Up
These and other essential features of the Magento 2 RMA extension helps to create ideal circumstances for a rapid and smooth return procedure. RMA requests can be initiated and created by the Magento admin directly from the backend. Therefore RMA extension is of utmost importance for your Magento E-commerce store.
iCreative Technologies is ahead in terms of providing an expert Magento web development company. We have created a seamless and functional RMA extension for Magento 2 which can make your return process easier and handier. If you need any help with Magento 2 RMA extension, then feel free to contact us anytime. Once you fill out the form, our team will contact you within the next 48 hours. Allow us to help you by downloading, installing and running the RMA extension into your store.
Jainesh Shah
Jainesh Shah is a CEO and Co-Founder of iCreative Technologies Inc. iCreative Technologies is a digital eCommerce agency mainly serving B2B clients across the globe. With over 15 years of experience in technology and business, he is helping his client thrive in this competitive era. He is specialized in eCommerce consulting, creative thinking, generating new business ideas, and delivering end products to market in the digital space. He is working with the vision to help his partner agencies and Clients to grow in their respective businesses.