What is typically the first step in processing a returned product?

The first step in processing a returned product is typically to verify the product return request. This step is crucial as it involves confirming the legitimacy and specifics of the return based on the retailer's return policy. Verifying the return request ensures that the returned item is eligible for return and checks details like the reason for the return, the condition of the product, and whether the return is within the allowed time frame.

Once the return request is verified, the subsequent steps, such as completing the product return in-store, processing payment adjustments, or handling inventory, can be executed effectively. This systematic approach helps streamline the returns process, maintain customer satisfaction, and uphold the retailer's policies.