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.

Schrott24 Business Model
2016
Founded
11-50
Employees
Graz, AUT
Headquarter

Hard Facts

Business Model Canvas

This canvas shows a detailed explanation of how the business model of Schrott24 is structured.
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Business Model Patterns

The business model patterns of Schrott24 help to understand the mechanics behind the business model. Furthermore you can learn more about the specific business model pattern by clicking learn more.
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SWOT Analysis

The SWOT Analysis of Schrott24 is about the strengths, weaknesses, opportunities and threats of the companies business model. By clicking the i you can see a detailed description.
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What makes Schrott24 special?

This section is all about the secret sauce of the business model of Schrott24. If there is any incredible information about the founding team (like how they started the business, etc.) you can learn from you can find it here!
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Marketing Insights

Last but not least in this section we analyse the marketing activities of Schrott24. Which kind of marketing Schrott24 is doing?
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