30% of products purchased from retailers are returned or never sold. This has a resulted in tremendous loss of $500 billion for retailers and has created a serious amount of waste. Only $64 billion worth of products are expected reach the ReCommerce/Resale market, leaving a $400 billion market that is severely underserved and eventually ending up in a landfill.
All Texas Natives, the Hoang brothers are passionate in building a solution to increase retail sustainability. Having experience as being a ReCommerce provider for large retailers, Patturn was created to help small to medium businesses scale in the second-hand and used industry.