Fairown

Fairown founders in the US on Election Day! 🇺🇸🗳️ Just in time to witness democracy in action! Perfect timing for a visit: here’s to making big decisions, for circular economy and beyond! #FairownIn #ElectionDayTiming #FinanceAndFreedom

📣 We are expanding in Poland! 📣 We partnered up with European industry giants: the largest Apple Premium Partner in Poland, iSpot Apple Premium Reseller, and top consumer financing bank, BNP Paribas Bank Polska to launch an innovative iSpot upgrade+ programme. ✨ It's an affordable way to own the latest and greatest high-quality Apple devices and endorse product reuse. ♻️ 🤝 This cooperation is a game changer. It introduces temporary product ownership via embedded consumer financing, combining affordability, flexibility, and ownership. ✅ 💬 Our CEO, Hendrik Roosna celebrated the partnership, “Since we launched in Poland two years ago, we’ve managed to partner up with iSpot, the largest Apple Premium Partner in the country. iSpot is ambitious in increasing their market share by making high-quality products more affordable and extending their useful life. These are key values in our product buyback solution that sets iSpot’s offering apart. We’re honoured to be a trusted partner in supporting their growth.” 🏦 Our financing partner is part of the French multinational banking group BNP Paribas. In 2022, they employed 190,000 people, with revenues exceeding $50 trillion - double the size of the biggest economy in the world, the US. BNP have been ranked by Bloomberg and Forbes as the largest company in the world by assets. 🔎 Read more: https://lnkd.in/dzbW95nR #sustainability #ecommerce #circulareconomy #payments #recommerce #sustainable #sustainablepayments #sustainablefinance #productasaservice #recycling #ewaste #productreuse #financialtechnology #productbuyback

When the founders roll up their sleeves for the circular economy, it’s not just business—it’s personal! 🌍♻️ Making subscription via buyback simple and sustainable, one pitch at a time. #CircularEconomy #FoundersInAction #ResaleRevolution”

IMPACT FESTIVAL is just a few days away! 📅 📢 And we've got more good news for you: join our CEO Hendrik Roosna at STIHL's masterclass alongside Benjamin Junghans and Dr. Friedemann Stock already this Wednesday at 11 a.m. at the Visionaries Hub (1st floor)! 👉 You'll find out more about our strategic partnership, how STIHL experienced the benefits of #productbuyback, and their approach to #sustainability. 🌿 ✅ Don't forget to tune in on Oct 30 at 16.30 pm when Hendrik takes the Solution Stage to talk about how we help merchants grow their business and customer loyalty, and become more #sustainable at the same time. 🍀 📍 Drop by our booth no C9 in the Circular Economy section. 👋 See you soon! #ecommerce #circulareconomy #payments #recommerce #sustainablepayments #sustainablefinance #productasaservice #recycling #ewaste #productreuse #financialtechnology

To achieve long-lasting success in #ecommerce, you shouldn't only focus on how many customers you convert. Rather ask how many of them will never go back to the way they used to consume. 💡 We can draw parallels across sectors, for example, ⚡ electric vs gasoline cars 🚗. At the end of the day, once customers experience the newer and more innovative option, they likely won't return to the old way. ⛔ Narrowing it down to how we actually pay for products, the question is which #payment option do customers prefer in closing the deal? ✅ We know that brands who offer #productbuyback, have seen commitment rates as high as 60% among their customer base. So, almost 2/3 of customers choose product buyback over any other payment option at checkout. 🛒 And stick to it. 💯 🧑 Why do customers prefer buyback? Better monthly price points and access to the latest and greatest products, affordably. No hassle of resale when getting rid of old products - just return them and upgrade to a new product through a repeat purchase. 🔄 🏪 Why do merchants prefer buyback? If recurring sales, long-term customer relationships and loyalty matter, it's worth looking into. 👀 The secret is in repeat purchases, integral to buyback - the customer can renew their product on an agreed future date. 🗓️ This brings predictability and more accurate sales cycles. 🔎 Discover more about buyback: https://lnkd.in/dWdxEM9W #sustainability #circulareconomy #payments #recommerce #sustainable #sustainablepayments #sustainablefinance #productasaservice #recycling #ewaste #productreuse #financialtechnology

The circular economy elevator in Munich, heading into the Bosch office to forge our strategic partnership. Go BSH Home Appliances Group & Fairown 💪 #circulareconomy #fairown

Having recently announced our expansion plans in Germany, we're more than happy to rock up at IMPACT FESTIVAL on Oct 30-31 in Frankfurt! 🥳 Making an impact and striving towards #sustainable consumption has always been close to our heart. 💚 Here's why... 📱 210+ million mobile phones were discarded in Germany in 2022. That's ~2.5 phones per person! This is only phones. And this has to stop. ⛔ That's why we've put effort into building a circular #productbuyback payment model that brings benefits to consumers, merchants, and the environment. 🌿 It's a no-brainer, really. 👦 Consumers get affordable prices and hassle-free product resale. 🏪 Merchants get up to 60% recurring sales and loyal customers. 🌍 The environment gets less #ewaste, more circularity and #productreuse. Having the option to share this with all sustainable-minded consumers and merchants in Germany is a true privilege. We believe that Germany is ready for a #sustainability revolution! 🚀🍀 📆 Mark your calendars: our CEO Hendrik Roosna will be taking the Solution Stage on Oct 30 at 16.30 pm.  📍 Catch us then or drop by our booth no C9 in the Circular Economy section. Let's make an impact at the Impact Festival! See you there! ℹ️ More info: https://lnkd.in/eWJZeG7 #ecommerce #circulareconomy #payments #recommerce #sustainablepayments #sustainablefinance #productasaservice #recycling #financialtechnology

📣 Time for our #sustainability update! 🌿 Last quarter, we provided new life to 47.2 tons of CO2 with #productbuyback! ♻️ That's the uptake equivalent to 2,169 trees for a full year - a forest the size of 4 football fields! ⚽ ❓ How does that come about? The answer is #productreuse which is innate in the product buyback solution. Consumers can return their old products after using, hassle-free. No inconvenience of wrapping their head around how to get rid of their useless phone or outdated laptop. 📱💻 When the returned product is taken to use for the second time, the value is created and environmental gains reveal. 🔄 🤔 What does it actually mean? ❌ 63.89 kg of CO2 is emitted to produce and distribute a new iPhone. ❎ 2.27 kg of CO2 is emitted to refurbish and reuse an iPhone. 💚  That is more than a 96% environmental gain in terms of carbon emissions. In fact, our circular product buyback model lends itself to multiple sectors from micromobility (SIRQEL) 🚲 to household appliances (BlueMovement.com) 🏠 and gardening gear (STIHL) ⚒️, not to mention the #ecommerce giant Komplett Group and Apple Premium Resellers Infografikk and FundK who are killing it in the #consumerelectronics space! 📱 🙏 We can't thank enough all those 100,000+ consumers and dozens of leading brands who have joined our sustainability journey. These people and merchants are making a daily effort together with us to shift to the #circulareconomy. ♻️ #payments #recommerce #sustainable #sustainablepayments #sustainablefinance #productasaservice #recycling #ewaste #financialtechnology

😁 Get Famous or Die Trying! 🎙️🤭 So, we decided to record a podcast—just the two of us, talking about building startups and family, and everything in between. After 12 years of marriage, we figured it’s time to do something crazy... like recording our journey and sharing it. Here’s the deal: We’ll answer EVERY question in the comments. No time limit. The best question (with the most reactions) gets you a lunch date with us two. Probably in Tallinn, but we’re flexible 😎 And everyone who shares this post gets a shout-out in the podcast. No question is too personal or too ridiculous, so fire away! Who knows us, knows that it is going to be fun. 😁 Hendrik Roosna 🙌 Ps. You can ask in Estonian, Polish, or in any language.

We often hear news about start-ups raising millions 💰, but not that often do we hear about what happens behind the scenes and how these deals are closed. 🤝 So, our CEO Hendrik Roosna shed light on the ins and outs of our recent fundraising round that sets the stage for a large-scale expansion in Germany. 🚀 We took a look at the big picture from a start-up's perspective, covering topics like: ✨ how to break through in large markets such as Germany and get the attention of big players? 🏃 how to be resilient in sales? 🤝 how to understand the needs of large corporations and their teams? ⚙️ how to consciously use LinkedIn as a marketing and sales engine to get the results you deserve? Thanks Henrik Roonemaa and Taavi Kotka for an insightful conversation. 💬 We hope other founders find it useful and can relate! 🔊 To our friends who understand Estonian, tune in to the podcast: https://lnkd.in/dNuEXr4D #sustainability #ecommerce #circulareconomy #payments #recommerce #sustainable #sustainablepayments #sustainablefinance #productasaservice #recycling #ewaste #productreuse #financialtechnology #productbuyback