The Chilean company is dedicated to dispensing products in smart reusable packaging.
The consumers deposit funds into the company`s app, via credit card, bank cards or fintech providers. Next, using their packaging as a wallet technology, funds can be deducted as consumers purchase products-via communication between their smart packaging and their IoT connected dispensers. The system enables the customers to purchase exactly how much product they desire while paying the same per-unit-price, regardless of the quantity of the product purchased.
When customers purchase products, they update a real-time impact dashboard that shows the avoided plastic from the refill purchase. The real-time sales data can also be used to create powerful business intelligence and perhaps be integrated into European schemes.
They are offering possibilities of franchising or license agreements to partners from Germany, France, the Netherlands and UK. The partner has to have logistical and commercial capacity to oversee the deployment of the Chilean company`s products into new European markets.
They are looking for values-aligned implementation partners to become a partner in Europe.
Advantages & innovations
The company`s business model creates a triple bottom line impact.
The first is the economic impact since they seek profitability as a consequence of their social and environmental actions. Secondly, they generate a social impact, since they sell products in bulk without increasing the product cost when a consumer only has financial resources for a smaller quantity of product. In doing this, they help raise disposable incomes of low-resource families. This solves what they call the poverty tax. Finally, the third impact is environmental. Every time their reusable packaging is refilled, they eliminate the need for a single-use packaging unit. This keeps packaging in the economy and out of the environment
Stage of development
CHILE
Partner sought
They are offering possibilities of franchising or license agreements to partners from Germany, France, the Netherlands and UK.
For the licence agreement, they are searching:
SMEs large companies, food companies, personal care or beverages enterprises. Placement of the trademark name of the copyright holder as well as non disclosure of production secrets other confidential information.
The responsibilities of the partner search in the franchise agreement lays out the details of what duties each party needs to perform and what compensation they can expect. The company actively searches for candidates with a strong background such business management, sales marketing, accounting and hospitality.