Think Circular
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Ongoing, First published Sep 20, 2023
To align with the circular economy, a business can reduce waste, extract value from existing materials, and extend a product's lifespan across multiple users. This shift is exemplified by companies like Apple, Nike, and Ikea. NorthLadder.com applies this approach, focusing on reintroducing electronics into the secondary market. For instance, a smartphone's production consumes significant resources, but NorthLadder.com redistributes these by allowing multiple users. This extends a device's lifecycle, making sustainable practices crucial in the tech industry. Embracing the secondary market transforms trade-ins and pre-loved sales into profitable opportunities. The key lies in maximizing a product's potential, moving from disposal to re-use. While manufacturers play a role, individuals must also adopt circular economy principles in their consumption habits. Re-use, especially through the secondary market, is a simple yet impactful step towards sustainability.
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