Introduction
The recent 30% increase in return rates for Ralph Lauren's women's accessories line is a concerning trend that requires immediate attention. This analysis will systematically identify potential root causes, validate hypotheses, and propose targeted solutions to address the issue. We'll examine both internal and external factors, considering the product lifecycle, user behavior, and market dynamics.
Framework overview
This analysis follows a structured approach covering issue identification, hypothesis generation, validation, and solution development.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Seasonal trends can significantly impact return rates. Expected answer: The increase occurred during the transition from summer to fall. Impact on approach: If seasonal, we'd focus on inventory management and trend forecasting.
Why it matters: Quality issues often lead to increased returns. Expected answer: No significant changes in manufacturing or sourcing. Impact on approach: If no changes, we'd look more closely at customer expectations and marketing.
Why it matters: Misalignment between product presentation and reality can drive returns. Expected answer: Recent website redesign for mobile optimization. Impact on approach: If yes, we'd investigate the impact of new visual merchandising on customer expectations.
Why it matters: Policy changes can significantly affect return behavior. Expected answer: No recent changes to return policies. Impact on approach: If no changes, we'd focus more on product-specific issues rather than policy impacts.
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