Member - BuyBay

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

Type Company
Founder 2014
Company Size 80
Member Type
Innovator
Founders Thijs Bosgoed
Headquarters 1033 RB Amsterdam, Netherlands
Social network
BuyBay

About

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.
Headquarters 1033 RB Amsterdam, Netherlands

SDG’s of application

The Sustainable Development Goals are a call to action to end poverty, protect the planet and ensure peace and prosperity everywhere.
SDG 6
Clean Water and
Sanitation
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SDG 7
Affordable and
Clean Energy
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SDG 9
Industry, Innovation
and Infrastructure
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SDG 11
Sustainable Cities
and Communities
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SDG 12
Responsible Consumption
and production
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