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returnbuddy

returnbuddy. Never forget to return things you’ve bought. Problem : Forgetful consumers who over-buy thinking “if I don’t like it, I can always return it” but then forget when the return policy expires Every store has a different return policy Solution :

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returnbuddy

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  1. returnbuddy Never forget to return things you’ve bought.

  2. Problem: • Forgetful consumers who over-buy thinking “if I don’t like it, I can always return it” but then forget when the return policy expires • Every store has a different return policy • Solution: • An app that tracks your shopping trips and/or online orders and notifies you before the return policy expires • Market Size: • $46 billion worth of goods are returned during the holiday season alone (Source: ABC News) • $17 billion worth of electronics alone are returned annually (Source: Accenture)

  3. Users can check-in while in store

  4. View store locations nearby in one click • Could also show targeted offers and coupons

  5. Browse all store return policies at-a-glance

  6. Business Model • App knows consumers shopping habits – which stores they visit, how often, what types of purchases • Highly targeted offers based on consumer’s shopping habits • e.g., 15% off at Express for 3 days; $5 off of $50 at Macy’s • Potentially even provide analytics for retailers

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