About the company

Type
Company

Members type
innovator

Headquarters
1033 RB Amsterdam, Netherlands

Company size
80

Founders
Thijs Bosgoed

Founded
2014

SDG's

Social

Website
buybay.com

Alliance member

BuyBay


BuyBay developed a sustainable solution to resolve the returned goods problem for etailers and retailers.

The European e-commerce market amounts to~80 million purchases per day. About 15% of purchased products don’t live up to consumers’ expectations and are returned to the vendor. Whether in perfect conditioner a little dented, their status as a returned product makes them ever so slightly second choice. This is an immense number of wonderful, desirable and valuable items that are suddenly worth a lot less. What a waste! Not only to the retailer, but also to the environment-and therefore, to all of us. This is why we’re dedicated to giving these products a new life and new value. At BuyBay, each returned product receives a thorough inspection and if necessary, minimum to full refurbishment. With the product in optimal condition, we apply proprietary insights to match the product with a new owner and ensure streamlined distribution. This generates maximum recovery for our partners, including brands, manufacturers and distributors. With each product sold, we make a consumer happy, reduce waste, create added value for our partners and leave our world a little more sustainable.

Company BuyBay
Offer

BuyBay BV

Offer BuyBay BV

Description
BuyBay developed a sustainable solution for the returned products problem.

The European e-commerce market amounts to~80 million purchases per day. About 15% of purchased products don’t live up to consumers’ expectations and are returned to the vendor. Whetherin perfect conditionor a little dented, their status as a returned product makes them ever so slightly second choice. This is an immense number of wonderful, desirable and valuable items that are suddenly worth a lot less. What a waste! Not only to the retailer, but also to the environment-and therefore, to all of us. This is why we’re dedicated to giving these products a new life and new value. At BuyBay, each returned product receives a thorough inspection and if necessary, minimum to full refurbishment. With the product in optimal condition, we apply proprietary insights to match the product with a new owner and ensure streamlined distribution. This generates maximum recovery for our partners, including brands, manufacturers and distributors. With each product sold, we make a consumer happy, reduce waste, create added value for our partners and leave our world a littlemore sustainable.

Available in
Poland, Denmark, United Kingdom, France, Germany, Belgium, Netherlands, Austria,

Status
Implemented