The focus on finding new business models and to shift from a linear to a circular economy is of utmost importance to reduce carbon emissions. It is vital to give durable consumer goods a longer life cycle, use our planet’s limited resources more effectively and produce less waste.
One way to enable this is to encourage organizations to offer their products on a subscription basis, enabling them to extend the product lifecycle and as a result minimize the use of resources required to produce new product.
When operating a subscription based business within the sharing and circular economy it’s vital to keep track of your subscribers, assets/products, recurring revenue payments and the operational back end to be able to drive growth.
Today the majority of the platforms are supporting linear sales models with a one time transaction of both money and products. But in the case of a subscription business in the sharing economy it’s yet more complex. You will have a continuous and close relationship with your customers overtime, monitor weekly/monthly/yearly recurring payments, monitor and measure your refurbishment operations, etc.
In this webinar with Recuro and Circuly you will gain insights to what to consider when starting and growing a subscription based model in the sharing economy and how to take control of the operation using a subscription management system.
Some of the topics we will cover:
This webinar is aimed at business leaders, founders and all interested in starting and growing a subscription service within PaaS, Sharing Economy and other.
Who are we at Recuro and what are we actually doing?
Recuro helps companies build, grow and operate their subscription-based businesses. We’re a cross-functional team of experts who believe that the subscription business model is a great way of building sustainable revenue streams and strong customer relationships. That’s why we want to help companies succeed with it.
Who are Circuly and what are they actually doing?
Circuly enables companies to rent out their products instead of just selling them. In this way, we create further sales potential for our customers and at the same time bring sustainability to E-commerce. Their vision is to change the way we consume our products for good and therefore expedite the transition from a linear towards a circular economy. They aim to change consumerism, make sustainability and profitability go hand in hand, extend product lifecycles and therefore stop wasting valuable resources.