Loop and Bold Metrics Team Up To Drive Down Apparel Returns With Data
SAN FRANCISCO, Sept. 7, 2022 /PRNewswire/ -- Bold Metrics, the industry-leader in AI-powered apparel size recommendations, announced today that it has partnered with Loop, the exchange-first returns platform for Shopify brands, to help further reduce apparel returns.
- SAN FRANCISCO, Sept. 7, 2022 /PRNewswire/ -- Bold Metrics , the industry-leader in AI-powered apparel size recommendations, announced today that it has partnered with Loop , the exchange-first returns platform for Shopify brands, to help further reduce apparel returns.
- Loop and Bold Metrics team up to drive down apparel returns with data, creating an instant value-add for Shopify brands
Both companies have teamed up to create a seamless data stream that generates insights and accurate sizing recommendations for customers. - Returns based on consumer preferences drive approximately 72% of all returns in the apparel product categories, with poor fit accounting for more than 50% of those returns.
- Purchase data is ingested via Bold Metrics purchase API and automatically layered with a returns data feed from Loop.