Innovative Circular Business Models for Clothing Rental and Low-Income Communities
Explore circular business model canvases focusing on trendy clothes for budget-conscious individuals and initiatives targeting low-income university students. These models aim to reduce textile waste while providing personalized online support and leveraging social media presence.
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Example Business Model Canvas: Home Sharing Platform Photographers, insurance companies Self-service, customer support Platform dev, customer support Hosts & Guests Make money with unused rooms, and stay in unique places conveniently Online platform, properties listed Website & App Employees, tech platform, marketing and customer support Hosting fees & guest fees
Circular Business Model Canvas University Students communities with Low- income Mass market and segmented customers (male/female)
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female)
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Clothes for people with low income, reduces textile waste
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Personalized, online support Clothes for people with low income, reduces textile waste
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Personalized, online support Clothes for people with low income, reduces textile waste Online platform, social media, influencers
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Rent clothes to customers, Customer support Personalized, online support Clothes for people with low income, reduces textile waste Online platform, social media, influencers
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Rent clothes to customers, Customer support Personalized, online support People who donate or sell their old clothes. Thrift shops Clothes for people with low income, reduces textile waste Online platform, social media, influencers
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Rent clothes to customers, Customer support Personalized, online support People who donate or sell their old clothes. Thrift shops Clothes for people with low income, reduces textile waste Online platform, social media, influencers Inventory, website shopping platform
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Rent clothes to customers, Customer support Personalized, online support People who donate or sell their old clothes. Thrift shops Clothes for people with low income, reduces textile waste Online platform, social media, influencers Inventory, website shopping platform Web platform development and maintenance Web platform development and maintenance
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Rent clothes to customers, Customer support Personalized, online support People who donate or sell their old clothes. Thrift shops Clothes for people with low income, reduces textile waste Online platform, social media, influencers Inventory, website shopping platform Web platform development and maintenance Web platform development and maintenance Revenue generated from renting clothes Subscriptions
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Rent clothes to customers, Customer support Personalized, online support People who donate or sell their old clothes. Thrift shops Clothes for people with low income, reduces textile waste Online platform, social media, influencers Inventory, website shopping platform Web platform development and maintenance Web platform development and maintenance Revenue generated from renting clothes Subscriptions Product as a service
Circular Business Model Canvas Trendy clothes on a budget without having to own clothes you will hardly wear. University Students communities with Low- income Mass market and segmented customers (male/female) Rent clothes to customers, Customer support Personalized, online support People who donate or sell their old clothes. Thrift shops Clothes for people with low income, reduces textile waste Online platform, social media, influencers Inventory, website shopping platform Web platform development and maintenance Web platform development and maintenance Revenue generated from renting clothes Subscriptions Renters return clothes, repair if needed, then rented again to other customers Product as a service
The Activity Activity duration: 30 minutes 1 Split into groups of 3-5 and prepare a posterboard or use the Circular Business Model Canvas handout for the exercise. Using sticky notes on a large posterboard is recommended. 2 Pick one of the scenarios from the Redesign for Circularity handout to use for the canvas. Fill out the Circular Business Model Canvas in your group and apply one or more circular design models to your business model. 3 4 When finished with the canvas, sketch your circular product and business model and share your circular innovations with the class.
