The Business Model of Schrott24
Schrott24's mission is to digitize the scrap metal industry and to increase recycling in this sector. The company acts as a mediator and is then responsible for matching and transaction processing between verified scrap buyers and sellers using artificial intelligence. The consumer must indicate the material category and estimated weight of the scrap when making the purchase. On the website, the current material price and its evolution are plainly disclosed. After that, the preferred mode of transport is selected and invoiced. You can pick between parcel delivery and collection via pallets, containers, large bags, and grab trucks, as well as your personal delivery. Once the material is received, it is inspected for quality and the actual weight is determined. Following the quality check, the proceeds are transferred to the customer's account by bank transfer or Paypal within 48 hours. If the requested material is not listed in the Schrott24 website's category list, clients can contact the company and, if necessary, receive an individual offer. Even when purchasing, clients can submit a request with their material requirements and Schrott24 will explore their vetted supplier network for a suitable offer.