August 05, 2020
VANCOUVER --- ChopValue, a circular economy franchise providing sustainable product and design solutions, is launching CHOPSTICK+, an innovative Product-as-a-Service (PaaS) subscription model that provides restaurants an unlimited monthly supply of high-quality disposable bamboo chopsticks.
Although others view disposable chopsticks as waste, ChopValue sees them as a wasted resource. CHOPSTICK+, a novel subscription service available for $99/month, incentivizes recycling by providing cost savings to restaurant partners who only have to pay a fee for the chopsticks that are not returned to be recycled. That means no waste, no extra charge. This unique model allows ChopValue to manage its supply chain and improve environmental and economic performance while offering a recurring revenue stream for franchisee partners from their first day in operation.
The supplied chopsticks, sustainably sourced by ChopValue, are designed to raise awareness, promote a closed-loop system, and educate the importance of the circular economy. ChopValue also takes the guesswork out of recycling. Consumers can read about the company’s transparent process in their Urban Impact Report, and even purchase the chopsticks in their second lifeform as engineered high-performance products, like sustainable serveware to present dishes, beautiful restaurant tables, and eye-catching wall decor.
"Interruptions due to COVID-19 allowed us to take a step back and reevaluate our entire supply chain," said ChopValue CEO, Felix Böck. "We uncovered an opportunity to improve the entire lifecycle of our products, and CHOPSTICK+ was born. It’s a win-win for our recycling partners, end consumers, our company, and the environment. By participating in CHOPSTICK+, we are giving recycling partners the ability to differentiate themselves as sustainability leaders, while being cost-efficient. Our team also provides transparent metrics on chopsticks recycled and CO2 emissions reduced to each of our partners. We have always been committed to leading by example with sustainable practices and through CHOPSTICK+, we hope to inspire other businesses that deal with a large number of disposables to make more conscious decisions.”
If you are interested in this environmentally incentivized subscription service and playing a part in the circular economy, please visit https://chopvalue.com/pages/chopstickplus.
ChopValue is also hiring a business development and program manager to run CHOPSTICK+ and oversee strategic partners within the restaurant industry. If you are a self-driven and performance-oriented individual who is motivated to make the circular economy the norm, please apply to email@example.com.
ChopValue provides product and design solutions with an innovative, high-performance material made entirely from recycled chopsticks. Headquartered in Vancouver Canada, ChopValue was founded by Felix Böck in 2016 to transform used chopsticks to create beautiful, sustainable pieces while giving urban waste a second life. To learn more, visit www.chopvalue.com
CHOPSTICK+ is a Product-as-a-Service (PaaS) subscription model for an unlimited supply of high quality, sustainably sourced disposable bamboo chopsticks for restaurants, supplied by ChopValue. Once subscribed to CHOPSTICK+ for $99/month, restaurants can order an unlimited number of chopsticks and only pay for the chopsticks that are not returned to ChopValue for recycling. The subscription service educates restaurants and end-consumers about the importance of circular economy while encouraging their participation.
Why do we see chopsticks as a viable example of a circular economy?