Two MBA graduates decided to leave the investment banking world to start their own business -- Simply Laundry. The duo kept thinking that there was a need in Toronto that wasn't being addressed, so they came up with the idea for a new on-demand laundry service.
Simply Laundry is an on-demand service that offers dry cleaning, laundry, washing, folding and alterations in Toronto. The new business also offers complimentary pick-ups and drop-offs for the ease of its customers. All of Simple Laundry's cleaning is done in an eco-friendly manner.
Simply Laundry was funded in May 2015, which has only fueled its growth as a new venture in Toronto.
On-Demand Laundry Services
'Simply Laundry' Improves Dry Cleaning, Washing, Folding and Delivery
Trend Themes
1. On-demand Laundry Services - The trend of on-demand laundry services is disrupting the traditional laundry industry and changing customer behavior
2. Eco-friendly Cleaning Solutions - The trend of eco-friendly cleaning solutions is disrupting the traditional laundry industry and opening up new market opportunities for sustainable brands
3. Complimentary Pick-up and Drop-off Services - The trend of complimentary pick-up and drop-off services is disrupting the traditional laundry industry and increasing convenience for customers
Industry Implications
1. On-demand Services - The on-demand laundry services industry is experiencing growth and new entrants can disrupt the market by offering innovative value propositions
2. Sustainability - The sustainability industry can leverage the trend of eco-friendly cleaning solutions to offer innovative and environmentally-friendly laundry options to customers
3. Logistics - The logistics industry can leverage the trend of complimentary pick-up and drop-off services to offer innovative and efficient transportation solutions to laundry businesses and customers