PalletTrader is a new online platform designed and built exclusively for the sourcing, buying, and selling of commercial wooden pallets. It is a neutral online platform that has opened as the first collaborative eCommerce site for managing commercial pallet supply.
“We have created a go-to, dedicated eCommerce site, open to anyone to sign up and participate,” John Vaccaro, president of Bettaway Supply Chain Services, said. “Those who have pallets can post their inventory, negotiate with buyers, complete a transaction instantly online, and then set up pallet delivery, all in one process, with real time tracking and tracing.”
“The process is no different than what you would do online posting something to eBay for sale or buying something on Shopify or from Amazon,” Vaccaro said.
While the majority of PalletTrader’s market is expected to be what are called “white wood” pallets, the platform can accommodate all other types of pallets as well, including those made of plastic, composites or other materials.
Vaccaro explained that the platform is applicable for small “Mom and Pop” pallet businesses, all the way up to the largest consumer products companies that use tens of thousands of pallets a year.
In addition to its open, public-facing transaction ability, PalletTrader allows users to set up their own private networks in a secure, permission-based environment, creating defined communities of specific customers.
For the first six months, businesses who sign up on PalletTrader will get the service for free with no monthly subscription. The only cost to use PalletTrader is a small transaction fee recovered from the seller and the buyer.