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I assume the levels of returns would go up - have you found this to be the case
to me anything you can do to keep customers off the phone and onto email or snail mail the more time we save, and quite honestly we don't feel we miss much by not hearing their tale of woe or life history or how Marks and Spenser do it.
Also what about xmas time when things are bought as gifts. Here I might guess a much higher return rate post xmas if there was a form rather than nothing.