• Target

    £2,000,000

  • Type

    Equity

  • Close Date

    No date set

  • Status

    Live

RISK WARNING: Your capital is at risk. The risks include: the lack of liquidity in this market in terms of being able to sell shares; the loss of the value of investment; and dilution of shareholding. When you invest any loss in value will not be covered by the Financial Services Compensation Scheme. Please read FULL risk warning.

clicksit

The clicksit eCommerce return solution enables SME retailers and Marketplaces to compete on customer service with the big guys

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Overview

SME and Marketplaces retailers cannot offer their customers the eCommerce return services they are familiar with due to minimum volume requirements. This results in SME retailers and Marketplaces not being able to compete with the big guys on service and losing sales as a result. Online return solution providers such as Collect+, UPS, DPD require a minimum of up to 5,000 returns per annum for direct contracts, which leaves thousands of retailers underserved in the UK alone. By not offering recognized return services SME retailers and Marketplaces see increased basket abandonment and customer retention is hindered. Clicksit holds master contracts with return service providers. Reselling return services to SME retailers and Marketplaces allows them to offer recognised return options to their customers currently only available to large retailers. Provide a plug and play return solution for retailers which requires no integration

Deal Manager avatar

Deal Manager
Fergal O'Mullane

  • Sector: Technology / IT / Software
  • Region: UK: London
  • Stage: Early stage - early revenues, pre-profit
  • Eligible Tax: EIS
  • Board Requirement: Will consider further board appointments
  • Pre Money Valuation: £3,000,000
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