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Megan Burritt

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Headquartered in Trenton, New Jersey with offices in Georgia and Ontario ... Sold in Wal-Mart, Home Depot, among 7,000 locations across North America ... – PowerPoint PPT presentation

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Title: Megan Burritt


1
Megan Burritt Bao Vu Ryan Benedict Niheeta
Dalvi David Danforth
2
History
  • Began at Princeton University dorm room in Fall
    2001
  • Founded by Tom Szaky and Jon Beyer
  • Headquartered in Trenton, New Jersey with
    offices in Georgia and Ontario
  • Produces plant food completely from waste
  • Sold in Wal-Mart, Home Depot, among 7,000
    locations across North America
  • Business plan is eco-capitalism
  • Named one of the 100 most innovative companies,
    awarded the Environmental Stewardship Award, and
    has earned the Zero footprint seal

3
Corporate Strategy
  • Company Practices Eco-Capitalism.
  • The main purpose of this company is to use
    garbage in every step of production to the time
    it hits the store. How the products are made in
    the company.
  • Educates the public through programs like garbage
    on the grass, and bottle brigade.
  • Employees

4
Value Chain Analysis
  • Primary Activities
  • Inbound- Bottle Brigade, organic compost
  • Operations-Computerized Microbial-enhancing bio
    converter
  • Outbound- Charity donations, products sent to
    consumer
  • Marketing Sales- Bottle Brigade, Garbage on
    the Grass Day, website
  • Services- Garden Hub, donations to charity
  • Support Activities
  • General Administration- Operates on cost-
    effective level to improve quality of life
  • Human Resource Management- people link on
    website
  • Technology Development- website, label
    processing, collection services
  • Procurement- Conversion center

5
Porters Five Forces
  • Threat of New Entrants- Moderate
  • Power of Buyers- Moderate
  • Power of Suppliers- Low
  • Threat of Substitutes- High
  • Rivalry- Low

6
Go International?
Competitive Response
  • Want to perfect North American operators first
  • Huge challenge
  • TerraCycle idea is spreading
  • Filled orders for customers in Jamaica, Malaysia,
    Europe
  • Have to keep in mind stakeholders
  • Positive effect on environment
  • Product is very unique
  • Have people copycat their idea is the goal
  • Want people to respond by buying product

Competition
TerraCycle
7
Product and Pricing
Advice
  • Products made entirely from waste
  • Companies pay TerraCycle to dump waste at their
    facilities
  • Pricing
  • Similar to Miracle- Gro
  • Tries to give consumers a better price and product
  • Collecting bottles and packaging
  • Partner up with waste management
  • Low costs for raw materials
  • Helps eliminate some waste for waste management
    companies
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