Market Analysis

Market Analysis

Competitor: CleanRobotics TrashBot

This auto sorting trash bin is specialized for office buildings, stadiums, and transportation centers.

Cost of Current Solutions: $1,500 to $5,000

Viability Analysis

In our survey, we asked how much people were willing to pay. The majority of people said between $100 and $300.

We also asked if people would buy an auto sorting trash bin and the majority of the participants said it depended on the price.

Conclusion

The TrashBot is effective but does not fit within the price range of the average homeowner and isn't made for families.

Proposed Manufacturing and Distribution

We want our bins to be widely available to homeowners through stores like Costco and at a reasonable price.

Citations

https://cleanrobotics.com/trashbot/

https://syncedreview.com/2018/03/02/trashbots-boost-recycling-at-pittsburgh-airport/#:~:text=What%20about%20cost%3F,per%20can%2C%E2%80%9D%20says%20Cook.