Overview
The Challenge: Mass production of items such as washing machines and coffee-machines result in a high turnover of cheap products with a short lifetime. This results in a large amount of material waste and significant lost value. How can we reduce waste and make good quality accessible for everyone?
The Solution: Bundles designs technology to offer products on a pay-per-use basis. Applying Internet of Things technology enables product monitoring, while maintenance and refurbishment of higher quality machines preserves the product integrity for multiple cycles.
What makes it especially circular? The lifetime of a product is managed by experts in refurbishment or remanufacturing. Besides that, consumers are more aware of their personal usage, since Bundles is able to track user data based on the power demand of the machine.
The Result: A subscription model for products provides consumers with pay per use of a durable product, thereby increasing the usage rate and lifetime of everyday equipment.