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EcoATM
EcoATM is a network of automated electronics collection kiosks, currently deployed nationwide in the United States. Through simple steps, customers can easily monetize collection of their old devices.
When a device is deposited into an EcoATM kiosk, it is scanned for type, serial number, and condition. The EcoATM will then search for the highest price among a network of buyers, and ask if you agree to sell your device. If so, money is exchanged on the spot after proof of identity is provided.
Live monitored cameras match sellers to their I.D. before cash is dispensed, and all transactions and personal information are reported daily to local police to help identify possible theft.
- Website
- Country: United States
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Sectors:
- Electronics
- Maturity level: Start-up
Explore the Archetypes linked to this case
Combined strategies
Circular Value Creation Strategies
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Material Recycling
Material Recycling
The valorization of industrial production residues or materials from end of life products into the same or other production chains
Value Proposition Strategies
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Branding (eco/premium)
Branding (eco/premium)
Enabling a price premium by highlighting/guaranteeing quality and or environmental claims (e.g. certificates, environmental stewardship,...).
Value network strategies
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Take back management
Take back management
Logistics / establishing network collaboration for taking back end-of-life products from the customer, enabling the execution of a circular value creation strategy
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Platform (online, other)
Platform (online, other)
An online or on-site solution to facilitate matching of supply and demand of materials or assets (e.g. product sharing, material exchange, reuse, etc.)