Calculate the savings to your retail business when using address verification
Some couriers charge a 'value-added service fee' in order to correct the failed delivery due to bad data, there's also the cost to replace products if they go missing and damage to brand reputation. Plus even before the delivery stage, UX research shows that 61% of consumers would abandon a purchase if they encounter issues at the address entry stage online. To find out more about address verification from Loqate or for a bespoke ROI saving get in touch.
These savings are indicative, and calculations are based on the average 'cost per failed order' research findings from the Fixing Failed Deliveries report as well as published Loqate prices. Accurate at time of publishing.
What is our legitimate interest?
Improving data quality in retail is the single most important task when it comes to reducing failed deliveries. Address verification from Loqate works in your online checkouts and forms, ePOS, CRM and Master Data Management systems.
Our real-time verification technology is the market leader in helping to improve user experience and reduce cart and form abandonment rates by providing a quicker and accurate way to enter address details.
Loqate's address verification solution will capture, parse, standardise, verify, cleanse and format addresses for over 245 countries and territories, all via a single, easy to integrate API. You are set up, ready to go in a few minutes.