Service for Buyback of Abandoned Goods on the Globy Platform

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Image by Mohamed Hassan from Pixabay

In most cases, trading on B2B platforms occurs without disruptions and violations, but in rare cases, the transaction is disrupted, and the goods do not reach the recipient. For various reasons, the cargo may remain unclaimed at the port. In this case, the supplier is responsible for the cargo and must pay for the placement of containers in the port. Therefore, it is in the supplier’s best interest to find a new buyer as quickly as possible. To search, the seller can register on the Globy platform and publish their offer there. Globy’s task is to connect the cargo owner with the new buyer, ensuring high-quality goods and low prices. By the way, in most cases, the vendor offers a discount on overstayed cargo, depending on the shelf life of the product and other factors. In some cases, the discount reaches 80%. The buyer can discuss the discount matter with the seller and request an increase in the indicator, explaining their position. You can create an account on Globy for free. You can use Google’s service for accelerated authorization; you can also access the site via LinkedIn. Let’s list further the stages of finding a new buyer using the Globy service: 

  • registration on the website as a vendor;
  • sending cargo data; 
  • set discount rates;
  • viewing and screening of applications;
  • contact with new customers. 

Let’s describe the above points in more detail. If you are a supplier, after registration, you need to upload the cargo data to the website. It is recommended to make a detailed description, specify the characteristics of abandoned cargo, and attach photos, documents, and other materials. The buyer must receive reliable information about the product. It is forbidden to provide deliberately incorrect information that misleads the buyer. The buyer can check the shipment and discard it. After you have placed the listing on the website, you need to set the discount amount. The higher the discount, the faster you will find a buyer. After that, you need to wait for requests from customers, communicate with them, and answer questions. Be patient, as not every request will be successful. If you are a buyer, then you also need to register. Next, you can go to the Unclaimed Cargo section on Globy and select the desired product. Next, you should contact the supplier, find out more about the product, and request a discount. You can check the goods at the port and redeem them by completing the relevant documents. You can create a buyer’s account for free.

Common Causes of Unclaimed Cargo

The first reason is a delivery error. The shipment may arrive late, or there may be errors in the documentation. The cargo remains in port until the errors are corrected. If the delivery time is severely violated, the buyer may refuse the product for a legitimate reason. The second reason is the unreachable recipient of the cargo. During transportation by sea, which can last a month or more, the company receiving the cargo may go bankrupt, be sanctioned, or be arrested. There are many reasons why a commercial organization may be closed in a particular country. Sometimes, the buyer does not accept the cargo due to the irresponsibility of the staff and for other reasons, implying a human factor. The third reason is the lack of funds in the account of the receiving company. In some cases, an increase in customs duties may result in the company being unable to redeem the goods in full. In this case, part of the goods is redeemed, or the unclaimed cargo remains in storage at the port.

Choosing the Globy Platform

We recommend that you register on the Globy B2B platform to receive a discount of 5 to 85% on the purchase of unclaimed cargo. The new buyer receives high-quality, cheap goods, and the supplier gets rid of financial losses from cargo downtime at the port. The big advantage is that the cargo owner can contact the new buyer without paying a commission to a third party. You can contact new partners freely using any communication methods: phone calls, instant messengers, and so on. Join Globy today and use the free tools and services.