15min chapter

The AI in Business Podcast cover image

Looking at Refund and Loyalty Programs in Retail From a Data Perspective - with Jeff Otto of Riskified

The AI in Business Podcast

CHAPTER

Refund, Loyalty Program, and Reseller Abuse in Retail

This chapter discusses the issues of refund and loyalty program abuse in retail. The speaker shares examples of merchants losing money due to consumers taking advantage of generous discounts and abusing loyalty programs. The chapter also explores reseller abuse, where individuals create multiple accounts to obtain discounts and resell the products for profit.

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