Nector
36 Case Studies
A Nector Case Study
Bonkers Corner, a popular fashion and lifestyle brand, faced the challenge of revenue leakage from high product return rates. Traditional cash refunds were leading to lost sales and fewer opportunities for customer re-engagement. To address this, they partnered with Nector to implement its Credit Wallet feature.
The solution from Nector involved converting cash refunds into spend-ready wallet credits, keeping the value within the brand's ecosystem. This strategy successfully turned refunds into a retention tool, resulting in a 12% uplift in average order value from wallet-driven orders and achieving a 6.4% average wallet participation rate.