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    Date submitted
  • 10-Sep-2017

Greenbill

Abstract

Every day, thousands of trees are cut down to produce receipts. How do we save trees while improving the user’s quality of live? Greenbill is an application that combines e-receipts and benefits: no more lost receipts, easily accessible daily spendings management, discounts, loyalty programs, and more. Our market is very broad; all smartphone owners can use our app in their daily lives. Greenbill is a solution that uses technology to help the user be more organized and financially efficient all the while contributing to a healthier planet.

Video

Additional Questions

Who is your customer?

Target customers: - Every financially active smartphone owner Early adopters: -Young adults (16-25) -High level of education -At ease with technology/social media - Concerned by the environment

What problem does this idea/product solve or what market need does it serve?

The impact on the environment to produce receipts is significant. Over 250 million gallons of oil, 10 million trees and 1 billion gallons of water are consumed each year in the creation of receipts for the United States alone, generating 1.5 billion pounds of waste. Receipts can also be dangerous for one's health since they contain Bisphenol-A, a harmful chemical, that causes various forms of cancer and disqualifies receipt paper from recycling. Moreover, a majority of receipts ends up lost or in the trash can. It is then a struggle to manage one's daily spendings or to return an item without receipts. Receipts both influence badly the environment and complicate one's daily life.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

Those features will create success because they will improve the users' daily lives. They will save time and money.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

GreenBill is the only all in one application: environment conservation and users’ lives improvement.