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Trash-to-cash 51#
Used products are collected and either sold in other parts of the world or transformed into new products. The profit scheme is essentially based on low-to-no purchase prices. Resource costs for the company are practically eliminated, whilst the supplier's waste disposal is either provided, or associated costs are reduced. This also addresses customers’ potential environmental awareness ideals.
Apply this pattern to your own business and create your next innovative business model!
Examples: Iconic Cases
How they do it: Freitag’s unique selling proposition is that all products are made from recycled materials that had a different purpose in their previous life. An example are the backpacks, handbags, and assecoires made from used truck covers, with straps from old seatbelts.
Learn more about Freitag lab.ag →
Below, the top industries for the pattern "Trash-to-cash" are displayed, in order to get insights into how this pattern is applied across different industries. We've collected data from 1 firms using this pattern.
Top Industries
Fashion
14% of firms using pattern
14% of firms using pattern
Retail
5% of firms using pattern
5% of firms using pattern
All Industries
Below, the pattern "Trash-to-cash" is analyzed based on co-occurrence, in order to get insights into how this business model pattern is applied in combination with other patterns within the firms we studied.
Top Co-Occurrences
Direct Selling
1 pattern co-occurrences
1 pattern co-occurrences
E-commerce
1 pattern co-occurrences
1 pattern co-occurrences
Experience Selling
1 pattern co-occurrences
1 pattern co-occurrences