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ReturnKey (now "Lucky Bundle")

Returns management software for e-commerce sellers

Fast Facts

Outcome:Exited (2022)
Active:2020-current
Funding:Undisclosed
Category:E-commerce / Reverse logistics

Core Competencies

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Operational Leadership

End-to-end business operations management including vendor performance, client onboarding, team scaling, and organizational development.

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Product Management

Product strategy, feature development, user experience design, and go-to-market execution for B2B software solutions.

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Venture Scaling

Fundraising, strategic pivoting, team building, and successful exit execution in emerging market technology ventures.

Problem Statement

Returning items purchased online in Southeast Asia is an expensive hassle for sellers and consumers

E-commerce volumes in Southeast Asia continue their strong growth, yet the experience of returning an item purchased online remains a UX nightmare for consumers and an operational bottleneck for sellers.

  • Low average order value (AOV) and resulting focus on customer acquisition at the expense of improved UX
  • Prevailing cultural attitudes against, and unfamiliarity with, returning items
  • Lack of technological sophistication

ReturnKey's Solution

Plug-and-play returns management software for online sellers

ReturnKey develops and sells market-leading returns management software that allows online sellers to deliver a fully-automated, self-service returns experience to customers that is tailored to that seller's own return policy.

By automating the returns process, we help e-commerce businesses reduce operational costs while improving customer satisfaction and building trust in online shopping.

ReturnKey Demo Animation showing returns management dashboard and workflow

Key Insights

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Cost-First Operations

Ruthless focus on reducing cost is essential to operations in markets where customer buying power is limited and price sensitivity is high.

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Service Provider Partnerships

The need to work closely with service providers in order to deliver a truly differentiated customer experience that competitors cannot easily replicate.

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Customer-Driven Pivoting

The value in listening to customer feedback, which led to the company's successful pivot from SaaS to brick-and-mortar retail operations.