Switch Cargo, a success story
From its inception as a B2C e-commerce, Switch Cargo has evolved over the years to become a leading technology company in e-commerce. This success is due to the founders’ ability to anticipate the future, keeping up with the accelerated development in this field.
In recent years, the two entrepreneurs behind Switch Cargo have organically and consistently increased their revenue and operational volume. Additionally, they have reinvested every earned euro and have always been growing with their own resources (bootstrapping).
Today, Switch Cargo is a unique company that provides technology, logistics, and operations services for e-commerce. A comprehensive partner capable of offering solutions for a dynamic and complex market
Ecommerce was still an emerging sector
At this time, only 23% of the population made purchases through the Internet. The only website that people knew about was the eBay bidding website. The majority of sellers were thousands of small ecommerces without brand recognition.
The two founders, who would later create BigBuy, launch an ecommerce selling original gifts focused on sales to the end consumer (B2C). Towards the end of that same year, they set up shop in a 600m2 warehouse and begin to combine the B2C business with B2B wholesale.
Specialising in dropshipping and flash sales
Marketplaces with hardly any relevance began to arrive in Europe. Groupon began to sell products through flash campaigns and revolutionised the ecommerce market.
switch cargo had not yet been created. In their previous business, the founders began to provide a new service to their B2B clients, where they did the direct shipping to the end customer. With time, they discovered that this model was called dropshipping and that it was already booming in the United States. They were also pioneers in the sale of products on Groupon which, until then, had focussed on offering services.
With the pandemic, brands and retailers prioritised their ecommerce strategy.
With the arrival of the pandemic, ecommerce skyrocketed on a global level. Brands and retailers reacted by accelerating their digital transformation and moved towards selling on ecommerce and marketplaces.
Due to the strong investment in innovation and technology of previous years, BigBuy was able to tackle the enormous growth of the ecommerce market. This year, they received the prestigious national CEPYME awards (Confederation of Small and Medium-sized Enterprises) for the “Sme of the Year”. They expanded their catalogue to 100,000 items and turned over 80 million euros.
switch cargo consolidated itself as the leading European wholesale dropshipper
After a very complex year, with the original costs of the supply chain skyrocketing, many dropshippers that worked with Chinese suppliers decided to turn to dropshipping suppliers with stock in Europe, such as BigBuy.
BigBuy increased its stock considerably in strategic and high-rotation products in order to satisfy demand. They multiplied the number of marketplace integrations. They expanded their catalogue to 140,000 items and turned over 90 million euros.
