▲ ▼ E-commerce returns

posted by TheIceMan , 35 days ago permalink

150 all time unique views, mostly from IN, US, FR and 8 weekly views, mostly from US, IN, DE

Currently when customers want to return something they bought online they box up take to mail center, this is not how they received it so inconvenient this has cost companies roughly 500 billion dollars.

Sometimes they let you keep and get refund also under fire for destroying unused products.

WHO NEEDS THIS

▲ ▼ Abishek Muthian Ideator , 27 days ago permalink
Environmental costs of returns alone is worth making the process more efficient, Latest CNBC story on this highlights it in great detail - The Hidden Costs of Amazon Shipping And Returns.

Some key statistics on returns in U.S. from that story -
- 16 million tons of carbon emissions each year are estimated from the returns.
- Up to 5.8 billion pounds of landfills each year.
Liquidation companies which sell these returned items in a lot directly to the consumers seems to be a profitable way to address this problem, There's a need-gap for such services in India.
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▲ ▼ TheIceMan , 31 days ago permalink

Everyone who is apart of the e-commerce,l and logistics world. Consumers need it cause it will save them a trip to the mail center and companies need it because it will ultimately get them some money back in theire pocket on these without having to do anything other then issue the refund

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2 will pay for this solution.
▲ ▼ Yogesh Basu Ideator , 31 days ago permalink

Do you have something in mind which can address this problem of e-commerce returns?

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▲ ▼ TheIceMan , 31 days ago permalink

Yes I do I have an idea for a complete end to end reverse logistics platform as well as a reverse commerce marketplace

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▲ ▼ Yogesh Basu Ideator , 31 days ago permalink

Interesting, Could you explain how it addresses the problem of frictions in returning a product and in avoiding loss for e-commerce firms which takes in returned products?

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1 will pay for this solution.
▲ ▼ Moderator , 33 days ago permalink

Welcome to needgap!

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Feel free to add your Ideas, Solutions to the problem in the comments.

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