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Overview:
Welcome! The Kicks & Coins Club is a women-centered program that allows its members to monetize their shoes and socks by completing surveys, reviews, and selling them! Healing Biome uses the reviews to create a library of shoe reviews that customers can pay to access.
The company also wishes to study the life cycles of the pairs of club members to determine how pairs wear over time and what happens to pairs that are no longer wanted. Healing Biome seeks to discover ways in which the value of footwear can be redeemed after purchase by consumers.
The Life Cycle:
The current average life cycle of a pair of shoes consists of the following...
Purchase. The average cost of a new pair of women's shoes globally is $50-$90.
Wear. The average woman wears a pair of shoes for 1-5 years.
Sell, donation, recycled, or trash. After 1-5 years an estimated 85% of pairs are tossed and 15% are donated, recycled, or resold. This means that the majority of women's pairs will totally lose their value in 1-5 years. Of the pairs that are resold, most will lose 50-60% of their original value.
What if that value could be partially or completely redeemed? Here is what a monetized life cycle could look like...
Purchase.
Wear & Review. As a pair is owned, some or all of it's purchase value is redeemed by completing a review about it.
The used pair is recycled once it is no longer wanted by the owner.
A Scenario & The Vision:
Amber bought a pair of new shoes for $50.
She wore the pair for 3 years. The pairs have lost 80% of their value and now equal $10 if resold.
Amber completes daily reviews about the pair until her earnings equal $25-$50.
Amber ships the pair to be recycled.
Imagine if all pairs could undergo this life cycle. A person such as Amber could always get a 50-100% return on each purchase of the pairs she buys! Better yet, if she was gifted the pair then she makes a profit of 50-100% on the pair! This is a vision that Healing Biome has for pairs.
Taking Part as a Club Member:
There are 4 ways you can earn cash as a member of the club.
Club Surveys
This involves completing surveys that relate to general questions about your footwear and more. Payment is $5/survey.
Shoe & Sock Review Surveys
This involves completing surveys in which you will provide reviews and photos of your pairs. Payment is $5/review.
Multi-Day Reviews
You can also review owned pairs for several days to a week at a time. You will be asked to send a photo of yourself wearing the pair and complete a survey each day you wear them. Payment is $5/day. This means you can earn up to $35 for a week of wear.
Review & Recycle Pairs
Complete daily reviews for pairs and then ship them to be recycled. Daily reviews would be paid according to the hours worn per day. A photo of yourself wearing the pair (just of the shoes on your feet) would also need to be included. The payment amount is .25/hour and your pair can be worn for up to 8 hrs per day. This means that you can earn $2/day. Pairs can be monetized for up to 60 days for $120. The amount you can monetize the pair for is determined by the estimated original value of the pair (this is ultimately determined by the company). For example, a pair purchased for $50 can be reviewed for up to 200 hours (or 25 days) to earn $50. The company will determine whether you will be allowed to review the pair for 25%, 50%, 75%, or 100% of the original purchase price.
Healing Biome will cover the cost of shipping as well.
Accepted Types of Shoes for the Club:
Sneakers, flats, heels, wedges, and sandals can be accepted for the club. Pairs that are nearing the end of their life are preferred.
Privacy:
Personal identifying information will not be shared about members outside of the company. You are free to withdraw from the club at anytime.
Application:
If you're interested in selling pairs within the club then please complete the application below and we will email you!
https://s.surveyplanet.com/l64e3sb3
*Please note that the details of this opportunity are subject to change.
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