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Somerset �Consulting�Presents�The Re-Pack n' Back

Patrick Birmingham

Isabel Baynum

Nicole Kingdon

Ellen Marcelo

Niamh Walsh

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Problem Statement

Although recycling can help,

there are too many factors that can negatively impact the process

Therefore, it is a better alternative for

people to eliminate single-use products from their daily lives

Product/Service Solution

The "Re-Pack-n'-Back" is revolutionizing today's conception of packaging, eliminating single-use alternatives that harm our environment

Consists of . . .

- Durable Silicone Packaging - Lined with Eco-Friendly Foam

- Zipper Made of Repreve Polyester - Reusable Silicone Tag

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General Questions?

Cleaning – who and how?
Weatherproof?
Will we sell to Amazon, Target, or other companies similar to those?
Lifespan/multiple lifetimes?
How will we convince shipping companies to switch to our product?
Pick up/drop off locations?
Who will be checking the quality of the product? The consumer or the companies involved?
Is our product cheaper than cardboard shipping materials?
Is silicone hazardous with proper/improper disposal?
What sizes will we offer?
Durability when being shipped?
How will packages be labeled for sender and recipient information?
Have we considered things other than a zipper to use as a closing mechanism?
Are we selling the product or the idea to packaging/shipping companies?

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Cost of The Re-Pack n’ Back

Silicone: Invest $200,000 in 100,000 Kilograms of high resilience Silicone Rubber Raw packing Material from Genvan

Use 0.2 kilograms for each 8X8 product, varying sizes would use different amount of material
Average cost of a 8X8 product would cost $0.40, would produce 500,000 units from 100,000 kilograms.

Foam: Create a partnership among EcoFoam EcoMate with a competitive contract

Cost a maximum of $0.75 per square foot, 50% less than that compared to other foam providers

Zipper: Partner with a contract with the IDEAL Fastener Repreve Zipper

Estimated cost of $0.07-$0.40 per zipper

Estimated Cost per

8X8 unit :

Silicone: $0.40

Foam: $0.75

Zipper: $0.40

Total: $1.55

Our Price: $2.50

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USPS Package Pickup Service:

free of charge, picked up during delivery times, so no extra exhaust emissions

Amazon ships out 608,000,000 packages a year

Cost of Box from USPS

$1.79

Cost of Re-Pack n’ Back

$2.50

Total Cost for Year

$760,000,000

1/2 of Packages Returned for FREE

304,000,000 x

$2.50=

$760,000,000 Gained

Total Cost for Year

$1,088,320,000

Total Savings per a Year

$1,088,320,000

- $760,000,000=

$328,320,000

Amazon Offers Rebate Incentive

10 Packages Returned

$5.00 off

30,400,000

x $5=

$152,000,000 Rebate Expense

$328,320,000 (Savings)

-$152,000,000 (Rebate)=

$176,320,000

Yearly Savings

10 Year Savings

$1,763,200,000

Profit- $.95 per a RPNB

Amazon- 304,000,000 Packages

$.95 x

304,000,000=

$288,800,000 Profit a Year

(Only Amazon)

(Based Off Standard 8x8 Package)

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-Thinkertoys-

Brutethink:

Hall of Fame:

Bea Johnson is our inspiration

Circle of Opportunity:

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Packaging Industry vs. Silicone

Eliminating Waste

Paper

Waste in oceans

Bottles and Cans

Packaging

“Request recyclable material from your shippers. Reject bubble wrapping, Styrofoam, and plastic bags, and propose alternatives such as paper or cloth.”

“Zero waste is not about recycling more, it’s actually about recycling less”

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-Thinkertoys-

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"Ideatoons" "Clever Trevor"

Packaging

Environmentally

Friendly

Distribution

Methods

Uniqueness

Scaling Strategy

Sales

It's important to keep an open mind and listen, to obtain unique perspectives and ideas.

- Rebates at post office after use (discounts, coupons for next purchases, etc.)

- Keep in mind the weight of the box (in relation to planes, trucks for shipping, pricing)

- Foldability/Flexibility for storage

To Think About

- Wakefield United States Postal Office

(Wakefield, MA, Population: ~27,100)

1,500 packages delivered per day,

2,500+ during holiday season,

300+ sent in daily

- Melrose Post Office

(Melrose, MA, Population: ~28,400)

300+ sent in daily

Selling a

Sustainable Product

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Thank you, �Questions?

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