Transcribed

Earth911 Podcast: Kidsy.co Takes A Step Toward Circular Children's Products

May 27, 2024 · 35m 46s
Earth911 Podcast: Kidsy.co Takes A Step Toward Circular Children's Products
Description

With the rise of recommerce, parents can find and buy top brands' children's products — from toys and clothing to furniture and car seats — at a deep discount. Our...

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With the rise of recommerce, parents can find and buy top brands' children's products — from toys and clothing to furniture and car seats — at a deep discount. Our guest today is Shraysi Tandon, cofounder and CEO of Kidsy, a dealer of new and open-box children's products that is growing fast. According to TechCrunch, the company reached an annual revenue run rate of $1 million only a few months after going live, and its backers are a Who's Who of tech and sustainability investors. Shraysi comes from a journalism background at Bloomberg and ABC News, and her experience making a documentary on child labor shaped the Kidsy business plan. She says the "beautiful surprise" she found when starting Kidsy was the ease with which a company can begin sustainably and get on the path to constant improvement. That means we can retire environmentally irresponsible practices across the economy.
 
Children's products are a circular challenge since states sometimes ban used items, as we heard in our recent conversation with IKEA's U.S. Sustainability Manager, Mardi Ditze. Kidsy's strategy focuses on capturing unsold goods from retail and opened but unused items. It's part of the $761 billion recommerce movement with special requirements, and we'll explore how Kidsy ensures products are safe and clean, as well as the challenges of competing with established E-commerce companies. You can learn more at kidsy.co
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Information
Author Mitch Ratcliffe
Organization Earth911.com
Website earth911.com
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