SkipReturns

?? The $890 Billion Retail Challenge: Returns ?? Retailers are facing a monumental issue: $890 billion worth of products are returned annually. This surge in returns is fueled by practices like "haul culture" and "bracketing," where consumers purchase items in excess with plans to return unwanted goods. ?? Key Drivers: ??? Haul Culture – Shoppers buy large quantities for social media showcases, intending to return most items. ?? Bracketing – Ordering multiple sizes or colors to choose the best fit, returning the rest. ?? Impact on Retailers: Financial Strain – Processing returns is expensive and eats into profit margins. ?? Environmental Waste – Returns contribute to unnecessary waste and emissions. ?? What Can Brands Do? ?? Implement return fees to discourage frivolous returns. ?? Enhance size accuracy with AI-powered tools. ?? Reward low-return customers with incentives. ?? SkipReturns is tackling this problem head-on by transforming returns into deliveries! Appreciate the shoutout in this great piece! ?? ?? Read more: https://lnkd.in/eTXyZcQN #ecommerce #returns #sustainability #SkipReturns ??

Deel’s only 5 years old, but ex-Deel employees have already founded 25+ companies of their own. ?? Many (like Deel) are Y Combinator-funded. Because Deel hires worldwide, these startups span the globe. I’m sure there are more in stealth mode that’ll soon join this list. It’s no surprise, given the culture that Alex Bouaziz and Shuo Wang built: empowering ambitious people to take big swings (at Deel speed). Know any ex-Deel founders building interesting things? Tag them below to add them to the Mafia. Maneesh Karnati?started SkipReturns to improve the efficiency of product returns. SkipReturns handles the resale and redirection of goods from the original buyer to a new one. Shubham Choudhary co-founded FirstWork (YC S24) (YC24), an all-in-one HR and compliance platform. It’s designed specifically for non-desk frontline workers. Ted Eltringham founded @Architect , an autonomous sales channel. The AI salesforce automatically generates pipeline and helps close deals. Junior Garcia founded HeroUI (YC S24). Their product is a set of React UI components that helps devs build beautiful web apps, even if they don’t have design experience. They also released Frontio, a frontend-as-a-service platform to simplify frontend creation by automating design systems. Saurav Bubber co-founded FuseAI (YC W25), a next-gen operating system for revenue teams. Their Customer General Intelligence platform allows GTM teams to run their entire sales deal with AI agents on Fuse. Eric Engebretsen co-founded Bloom, the world’s first ‘social-impact staffing company’. They help scale customer support teams through remote hires, focused on qualified bilingual candidates in emerging markets. Abhi Thanendran co-founded Tilt to make fashion fun and accessible to all. The community marketplace app lets users buy and sell authenticated pieces on livestreams or virtually-hosted shops. Nabil Jallouli co-founded Rollstack to help businesses automate their slide decks with data and AI. Their platform maps business intelligence tools like Tableau and Looker to PowerPoint or Google Slides for automated report generation. Rushan Xhaja?co-founded Quinvio, an AI-powered platform for hassle-free video creation. Designed for product marketers, it builds presentations, how-to guides, and branded videos. Benjamin Mendelson founded Palomano, an indoor theme park concept for children aged 0 to 10. The spaces are designed to stimulate imagination, creativity, and learning, and are focused on imitation play. Drew Reilly founded Opperate, to connect top international sales reps (SDRs & AEs) to high paying global companies. Varun Arora co-founded Score, building AI agents for quality assurance. Their QA agents help companies audit 100% of customer interactions, to manage end-to-end service quality. Why do you think companies like Deel produce so many founders so quickly? More in comments.

Hey everyone! Who’s heading to Shoptalk Spring in Vegas? Let’s meet up! ?? https://lnkd.in/dUHuNubu I’ll be there representing SkipReturns and diving into big retail ideas, game-changing tech, and connecting with the best people in the industry! And definitely stop by the SkipReturns booth in the startup zone! #seeyouatshoptalkspring #retailinnovation #retailtech #retailevents

SkipReturns Recognized as a Top 30 Ecommerce Innovation! ?? We're thrilled to be named among the Top 30 Ecommerce Innovations by ECR Retail Loss! ?? At SkipReturns, we're dedicated to transforming returns by reducing costs, increasing efficiency, and driving sustainability for retailers. Being recognized alongside other forward-thinking solutions is an incredible honor. A huge thank you to the ECR Retail Loss panel of experts and retailer judges for this recognition. We look forward to the next stage on March 26 and the opportunity to showcase how SkipReturns is reshaping the future of ecommerce returns. #Ecommerce #Innovation #Retail #Returns #SkipReturns

?? The Hidden Cost of Returns: 44% Never Resold! ?? Did you know that up to 44% of returned clothing in Europe never makes it back to the shelves? ?? ?? Instead, half are recycled, a quarter end up in landfills, and some are even incinerated! ?? This isn’t just a waste of products—it’s a huge environmental problem. ?? ?? The carbon footprint of producing and distributing these items is 2 to 16 times higher than the emissions from post-return processing. And yet, many shoppers have no idea that their returns often don’t get resold. ?? With return rates soaring (20-30% for online orders ??), fueled by policies like "Try Before You Buy", retailers are struggling to keep up. The cost of sorting, inspecting, cleaning, and repackaging often outweighs the value of the item itself. ? So, what’s the solution? Smarter sizing tools ?? More sustainable return policies ? Increased consumer awareness ?? Let’s rethink our shopping habits and make returns more sustainable! ?? https://lnkd.in/eFiEWQPf

We had an incredible experience at National Retail Federation 2025: Retail’s Big Show in New York City! Our booth was buzzing with excitement, and one attendee even mentioned, “I was told this is the must-visit booth at this years expo!” ?? Our CEO and Co-founder, Ari Williams shared invaluable insights on returns resale, emphasizing the transformative impact of innovative solutions in today’s retail landscape. ????? Stay tuned for more updates as we continue to revolutionize the returns process! ?? #NRF2025 #RetailInnovation #SkipReturns #returnsresale

SkipReturns is excited to be showcasing our innovative solution at the https://lnkd.in/dtGCW6Ka in New York City next week! ??? ?? Visit us at Booth 2121 ?? Dates: January 12-14 Discover how SkipReturns is cutting costs and increasing the sale of returned items by enabling returns to skip the warehouse. ???? Let’s connect, collaborate, and shape the future of retail together! Come meet our team and learn how we can help your business thrive in 2025. ?? #NRF2025 #RetailInnovation #ReturnsManagement #RetailTech #Sustainability #CircularEconomy #RetailTrends #RetailSolutions #TechForRetail #ECommerce #RetailLeadership #SmartReturns #NRFBigShow2025s

?? Holiday shopping is hitting record highs, but so are returns! In 2024, returns are expected to reach 17% of all merchandise sales, totaling $890 billion—up from $743 billion in 2023, according to NRF and Happy Returns. Shoppers are increasingly embracing behaviors like “bracketing” (buying multiple sizes or colors) and “wardrobing” (buying for an event and returning later), with 69% of consumers admitting to the latter. These trends are driving up costs and putting pressure on traditional return systems. ?? As reverse logistics become critical, retailers must innovate to handle the rising tide of returns sustainably and efficiently. At SkipReturns we’re transforming returns into deliveries by empowering direct customer-to-customer exchanges. Is your business ready for the future of returns? ??? https://lnkd.in/ekxvhVfa

?? Returns Are a Headache. Is “Just Keep It” the Future? Nearly 60% of retailers now offer “keep-it” return policies for items that aren’t worth shipping back. These “returnless refunds” are becoming a go-to solution for low-cost or bulky items, where the costs of shipping, processing, and restocking outweigh the value of the product. ???? For shoppers, this means more convenience. For retailers, it’s about managing an ever-growing $145 million in returns per $1 billion in sales—a staggering figure shared by the National Retail Federation. ?? At SkipReturns, we’re tackling this challenge from another angle: rerouting returns directly between customers. ?? Instead of discarding items or absorbing losses, brands can find new buyers while cutting costs and reducing waste. ?? The problem of returns is massive, but so is the opportunity for innovation. ?? If you’re in the e-commerce space, how is your brand addressing this growing challenge? Check out the full article for a deeper dive: https://lnkd.in/eA3wvXbp. #ecommerce ??? #returnsmanagement ?? #sustainability ?? #innovation ?? #SkipReturns

?? Say goodbye to the traditional returns process and hello to direct resales! At SkipReturns, we're transforming how brands and customers handle returns by rerouting products directly between customers, skipping the back-and-forth to warehouses. ??? Not only does this cut down costs for brands, but it’s a game-changer for sustainability. By avoiding unnecessary shipments and reducing waste, we're building a better, cleaner future for retail. Here’s how it works: 1?? Customers initiate a return. 2?? SkipReturns lists the item for resale. 3?? Another customer buys it directly, minimizing handling and environmental impact. For brands, it means lower logistics costs and more sales. For customers, it’s easier access to great deals on returned products. Win-win! ?? We’re on a mission to turn returns into deliveries – helping brands thrive while reducing their environmental footprint. If you're interested in partnering with us, reach out! ???? #SustainableRetail #SkipReturns #CircularEconomy #LogisticsInnovation #RetailTech #DirectResale