MSUS Culminating Experience: The Bee Business Determining the Practicality of Marketing Almond Honey for Bee Farmers that Participate in Almond Pollination Kellie Rorex Fall 2018 Sustainability Problem Almond Industry Honey Bees • Dependencies • Honey Waste • Unsustainable business Bee Farmers model Solution • Sell Almond Honey • Eliminate waste • Diversify revenue streams for bee farming business model • Market towards beauty supply companies Tools Used • Typical Bee Farming Business Model • Cost-Benefit Analysis of Selling Almond Pollination • New Bee Farming Business Model With Almond Honey Sales • Business Process Management to determine sellers and process • Connect Buyers with Sellers Outcomes • Almond honey is not marketable for a price greater than edible honey • Most costs of almond honey extraction can be mitigated • Selling almond honey will lead to a 1% increase in honey sales • Waste would be minimalized but other early season crops (apples) create the same problem. • Beauty supply buyers are interested in testing out almond honey in their products. Recommendations to Farmer 800 hives Personal Project Outcomes • Connections with multiple commercial farmers • Byproduct marketability • Experience working with a large complex industry • Experience working closely with a company that wants to work on finding alternative solutions to unsustainable practices. • Travel costs - project opportunity Questions? Thank you! Kellie Rorex