Skip to content
Product cover

Returns Policies: Make Money by Making Good

Although returns policies have been widely used for many years, they continue to be a source of controversy. The authors present a framework that explains when and how to adopt returns policies. They analyze the benefits and costs of accepting returns from distributors, and also compare returns policies to alternative ways of coordinating the distribution channel.

Purchase Options

Educator and Student Discounts Available. Learn more »

  BENCHMARKS  
Loading Time: Base Classes  0.0007
My Controller Construct  0.0008
Build Nav  0.0009
Controller Execution Time ( Products / Route )  0.0650
Total Execution Time  0.0657
  GET DATA  
No GET data exists
  MEMORY USAGE  
1.5585 MB
  POST DATA  
No POST data exists
  URI STRING  
store/returns-policies-make-money-by-making-good
  CLASS/METHOD  
products/route
  DATABASE:  MITSLOAN_DEV   QUERIES: 68  (Hide)
0.0010  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0006  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0003  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0004  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0021  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0010  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0003  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0009  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0001  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0001  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0004  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0003  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0002  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0005  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0003  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0007  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0006  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0003  

SELECT *
FROM (`carts`)
WHERE `cart_id` =  '82166a8380b550053c892d39f812f2ac'
ORDER BY `created_atDESC 
0.0005  

SELECT SQL_CALC_FOUND_ROWS cat_id
FROM 
(`product_categories`)
WHERE `status_id` =  'A'
AND `url_friendly` =  'returns-policies-make-money-by-making-good'
AND `parent_id` =  
0.0204  

SELECT c.parent_idc.format_id
                    FROM products 
AS pproducts AS c
                    WHERE p
.prod_id c.parent_id AND
                        
c.avail_id IN ('A','B','D') AND
                        
c.type_id 'V' AND
                        (
                            
c.sku 'returns-policies-make-money-by-making-good' OR
                            if(
c.format_id 'Certificate'''p.url_friendly) = 'returns-policies-make-money-by-making-good'
                        
)
                    
LIMIT 1 
0.0003  

SELECT `parent_id`
FROM (`products`)
WHERE `prod_id` =  2421 
0.0002  

SELECT *
FROM (`products`)
WHERE `products`.`prod_id` =  '2421' 
0.0004  

SELECT *
FROM (`authors`)
JOIN `products__authorsON `authors`.`author_id` = `products__authors`.`author_id`
WHERE `products__authors`.`prod_id` =  '2421'
ORDER BY `sortAS
0.0002  

SELECT `cat_id`
FROM (`product_categories__products`)
WHERE `prod_id` =  '2421' 
0.0002  

SELECT *
FROM (`product_flags__products`)
WHERE `prod_id` =  '2421' 
0.0001  

SELECT `sku`
FROM (`products__xsell`)
WHERE `prod_id` =  '2421'
ORDER BY IF(position 010) AS, `position
0.0095  

SELECT `products`.`parent_id`
FROM (`transaction_lines`)
JOIN `productsON `products`.`sku` = `transaction_lines`.`sku`
JOIN `product_categories__productsON `products`.`parent_id` = `product_categories__products`.`prod_id`
WHERE `products`.`avail_id` =  'A'
AND TO_DAYS(transaction_lines.updated_at) < (TO_DAYS(NOW()) - 90)
AND `
product_categories__products`.`cat_idIN ('248') 
GROUP BY `products`.`parent_id`
ORDER BY COUNT(*) DESC
LIMIT 6 
0.0002  

SELECT `parent_id`
FROM (`products`)
WHERE `prod_id` =  '2343' 
0.0002  

SELECT *
FROM (`products`)
WHERE `products`.`prod_id` =  '2343' 
0.0002  

SELECT *
FROM (`authors`)
JOIN `products__authorsON `authors`.`author_id` = `products__authors`.`author_id`
WHERE `products__authors`.`prod_id` =  '2343'
ORDER BY `sortAS
0.0003  

SELECT `parent_id`
FROM (`products`)
WHERE `prod_id` =  '217' 
0.0002  

SELECT *
FROM (`products`)
WHERE `products`.`prod_id` =  '217' 
0.0003  

SELECT *
FROM (`authors`)
JOIN `products__authorsON `authors`.`author_id` = `products__authors`.`author_id`
WHERE `products__authors`.`prod_id` =  '217'
ORDER BY `sortAS
0.0002  

SELECT `parent_id`
FROM (`products`)
WHERE `prod_id` =  '3775' 
0.0002  

SELECT *
FROM (`products`)
WHERE `products`.`prod_id` =  '3775' 
0.0002  

SELECT *
FROM (`authors`)
JOIN `products__authorsON `authors`.`author_id` = `products__authors`.`author_id`
WHERE `products__authors`.`prod_id` =  '3775'
ORDER BY `sortAS
0.0001  

SELECT `parent_id`
FROM (`products`)
WHERE `prod_id` =  '2699' 
0.0001  

SELECT *
FROM (`products`)
WHERE `products`.`prod_id` =  '2699' 
0.0002  

SELECT *
FROM (`authors`)
JOIN `products__authorsON `authors`.`author_id` = `products__authors`.`author_id`
WHERE `products__authors`.`prod_id` =  '2699'
ORDER BY `sortAS
0.0001  

SELECT `parent_id`
FROM (`products`)
WHERE `prod_id` =  '2723' 
0.0002  

SELECT *
FROM (`products`)
WHERE `products`.`prod_id` =  '2723' 
0.0002  

SELECT *
FROM (`authors`)
JOIN `products__authorsON `authors`.`author_id` = `products__authors`.`author_id`
WHERE `products__authors`.`prod_id` =  '2723'
ORDER BY `sortAS
0.0002  

SELECT `parent_id`
FROM (`products`)
WHERE `prod_id` =  '655' 
0.0002  

SELECT *
FROM (`products`)
WHERE `products`.`prod_id` =  '655' 
0.0002  

SELECT *
FROM (`authors`)
JOIN `products__authorsON `authors`.`author_id` = `products__authors`.`author_id`
WHERE `products__authors`.`prod_id` =  '655'
ORDER BY `sortAS
0.0003  

SELECT SQL_CALC_FOUND_ROWS media_idposition
FROM 
(`media`)
WHERE `foreign_key_table` =  'products'
AND `foreign_key_column` =  'prod_id'
AND `foreign_key_value` =  '2421'
AND `kind` =  'image_600x600'
ORDER BY IF(position 010) AS, `position
0.0001  

SELECT *
FROM (`media`)
WHERE `media`.`media_id` =  '1098' 
0.0001  

SELECT *
FROM (`mime_types`)
WHERE `mime_types`.`extension` =  'jpg' 
0.0001  

SELECT *
FROM (`media_metadata`)
WHERE `media_id` =  '1098' 
0.0006  

SELECT SQL_CALC_FOUND_ROWS media_idposition
FROM 
(`media`)
WHERE `foreign_key_table` =  'products'
AND `foreign_key_column` =  'prod_id'
AND `foreign_key_value` =  '2421'
AND `kind` =  'gallery_image'
ORDER BY IF(position 010) AS, `position
0.0004  

SELECT *
FROM (`products`)
WHERE `avail_idIN ('A''B''C''H') 
AND `
parent_id` =  '2421'
AND `type_id` =  'V'
ORDER BY IF(position 010) AS, `position`, `title
0.0001  

SELECT `c`.`format_id`, `c`.`price`, `c`.`sale_price`
FROM (`productsAS c)
WHERE `c`.`prod_id` =  '2422'
LIMIT 1 
0.0003  

SELECT SQL_CALC_FOUND_ROWS media_idposition
FROM 
(`media`)
WHERE `foreign_key_table` =  'products'
AND `foreign_key_column` =  'prod_id'
AND `foreign_key_value` =  '2422'
AND `kind` =  'thumbnail'
ORDER BY IF(position 010) AS, `position
0.0004  

SELECT `product_categories__products`.`cat_id`
FROM (`product_categories__products`)
JOIN `product_categoriesON `product_categories__products`.`cat_id` = `product_categories`.`cat_id`
WHERE `product_categories__products`.`prod_id` =  '2421'
AND `product_categories`.`parent_id` =  1
AND `product_categories__products`.`cat_idNOT IN (1261)  
0.0005  

SELECT `cat_idAS id, `parent_idAS parent, `status_id`, `name`, `description`, `url_friendly`, `page_title`, `meta_keywords`, `meta_description`, `position`, `updated_at`
FROM (`product_categories`)
WHERE `cat_id` != 1
ORDER BY 
`parent_id`, IF(position 010) AS, `position`, `name
0.0005  

SELECT *
FROM (`product_categories`)
WHERE `status_id` =  'A'
AND `parent_id` =  1
AND `cat_idNOT IN (1261) 
ORDER BY `name
0.0002  

SELECT *
FROM (`site_settings`)
WHERE `option_key` =  'announcement' 
  HTTP HEADERS  (Show)
  SESSION DATA  (Show)
  CONFIG VARIABLES  (Show)