Business idea · Marketplace
Community Electronics Recycling Fundraiser
Community Electronics Recycling Fundraiser: This business organizes electronics recycling drives for schools or community organizations, collecting old devices for resale, and sharing profits with the fundraising group. It was pitched on Koerner Office, hosted by Chris Koerner, in the episode "Viral Treasure Hunts, E-Recycling and 2 More Business ideas! Ep. #77" (aired October 11, 2024).
At a glance
| Podcast | Koerner Office |
|---|---|
| Hosted by | Chris Koerner |
| Episode | Viral Treasure Hunts, E-Recycling and 2 More Business ideas! Ep. #77 |
| Aired | October 11, 2024 |
| Category | Marketplace |
| Real companies on the episode | Electronics Fundraiser by Phone Restore |
The problem it solves
Many schools and organizations struggle to raise funds through traditional means, such as selling cookies or candy, which can be unappealing and less effective. Current fundraising methods often require upfront investment or reliance on parents to buy products, leading to low participation and profit margins.
How it makes money
Commission-based revenue model from resale of collected electronics.
Skills you need
Knowledge of electronics and resale platforms like eBay Experience in community organization and fundraising Marketing skills to promote the recycling drive effectively
The market, and why this works now
Increased consumer awareness about e-waste and its environmental impact makes electronics recycling initiatives attractive. Schools can start by promoting drives through local community Facebook groups, which provide access to parents and residents eager to support sustainable efforts. A challenge to consider is the initial capital needed for logistics, such as transportation and collection bins, which may strain budgets before any profits are realized from resale.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Electronics Fundraiser by Phone Restore
Founded by a coach who realized traditional fundraisers were stale, this business collects old electronics from parents and sells them on eBay. The proceeds are then shared with the fundraising organization, allowing community members to declutter while supporting local causes.
Where this idea came from
Podcast: Koerner Office, hosted by Chris Koerner
Episode: Viral Treasure Hunts, E-Recycling and 2 More Business ideas! Ep. #77
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.