How to create more value in your business using circular business models
Online Event | Free
Wednesday 16h June 2021 | 10:00 am – 12:00 pm
Circular business models can create more value for your business and a better experience for your customers. The idea is that you keep your products in use for as long as possible, either by giving them a longer life by either ensuring they have multiple users, or by hiring, leasing, and sharing.
- Why are circular business models important?
- What is a circular business model? How they work & some examples
- How can my business create a circular business model? The steps and main factors in the process
- Practical exercise in getting started: Identifying new values
The workshop comes hot on the heels of furniture retail giant IKEA making national news by implementing a circular business model by launching a buy-back and re-sale scheme to reduce the number of products going to landfill. IKEA are offering customers vouchers to spend in-store in return for their unwanted furniture, creating value for the company whilst also reducing waste.
Adidas have also taken advantage of the circular economy by creating a rental service, allowing customers to borrow their products at a fraction of the price of purchasing them.
But circular models aren’t just useful for big businesses! Join us for the webinar to find out how similar models can be used everywhere, from start-ups to growing SMEs.
If you are interested in the topic of circular economy, join our next event, which will be on the 8th July, to learn from expert speakers on the challenges and opportunities of SDG 12: Responsible Consumption and Production. The event will also include a showcase of innovative solutions. Join here.