Business News: FreeWater, an Austin startup, provides free water to the public while also earning money. Shocked right? How the company is earning money by distributing water for free? Let us discuss what is working for FreeWater. Despite giving away free water, this company prints advertisements on the bottles and the companies whose interactive advertisements are printed on water bottles are the source of revenue for this company.
Instead of using plastic bottles, the company gives away free water to customers in aluminum bottles or paper boxes with leak-proof packaging. In addition, each bottle has a QR code that, when scanned, provides users with a variety of advantages, including discounts, movies, and other digital content. The company is also planning to roll out free vending machines soon, which will support its distribution strategy even more. Every day, a restricted quantity of drinks and snacks will be available for purchase from this vending machine.