BuyBay developed a sustainable solution to resolve the returned goods problem for etailers and retailers.
SDG’s of application
Offers from BuyBay
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.