We all are witnessing the power and success of the sharing economy model. It is an economic system where access to services and goods is shared rather than owned. The premium example of the success of sharing economy is Uber which is one of the prominent ride-sharing startups. Apart from ride booking, Uber is somewhat based on the idea of allowing car owners to make...
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Are you looking for the best marketplace software for your new business idea? In order to provide services to the consumers, all-inclusive ways have to be implemented to strengthen the foundation of an enterprise. Every day, dozens of businesses are being launched which has significantly increased the scale of the competition. With the rise in competition, getting the consumers is becoming quite difficult which shows how...
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In a recent scenario, businesses have witnessed a trajectory growth which has enabled them to yield enormous productivity and brand value within a short period of time. Thanks to the prevalence of digitalization which has shaped the existing businesses to a different level. The online peer-to-peer marketplace is the new-fangled mode of business which has entirely changed the landscape of the realm. It has united...
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Have ideas for a marketplace but not sure what else you need? Building a successful online marketplace business takes hard work, dedication, and passion. Take the time to look for real problems, requirements or opportunities that need real solutions - Problems that can be best solved by communities themselves. Coming up with ideas for a marketplace is just the beginning. While you don’t need to have...
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Facts on sharing economy: Statistics Canada's recent release describes a new sector of the Canadian economy that's growing fast: 2.7 million Canadian adults "participated in the sharing economy" between November 2015 and October 2016, spending $1.31 billion in the process. As of December 2015, funding for projects that are part of the Collaborative Economy industry is already almost five times what the most successful social networks. According...
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PEER-TO-PEER SHARING The fast-growing economy of monetizing unused or underused asset goes by many names: the “sharing economy,” the “gig economy,” the “on-demand economy,” and the “collaborative economy.” Whether sharing goods as in Uber, renting homes as in Airbnb, or serving up micro-skills as in TaskRabbit, consumers are using technology to find and buy one another’s extra resources. These companies are peer-to-peer marketplaces focused on C2C...
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Have you ever witnessed what it takes for the sharing economies to prosper or come into action? For an instance Uber doesn’t have the cars of its own or even a balance sheet to keep the record of the drivers who drive their vehicles. Astonished? This is all possible thanks to two sided marketplace software. Yes, it is indeed true! The startups or the biggest...
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Today, we have the cases of the famous sharing economy website like AirBnB, Ebay and Uber, which is no less than the inspiration for many. There’s no denying the fact that building an online marketplace requires a lot of effort as well as resources. No wonder, that the masterminds and experts of this realm have tried their hands on figuring out what the correct recipe...
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Looking for live chat functions for marketplaces? According to the recent facts and figures, the results indicate that more than 55 percentile of customers are more likely to abandon the decision of purchasing or investing in your site if you don’t answer to their queries quickly. You may wonder why such thing even happens and the reason is that people trust only those sources that can...
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With the prevalence of digitalization, peer-to-peer online rental marketplace comes into existence in which it has enabled people to rent their desired products or services rather than buying. For example, rental marketplace platforms have made it relatively easy for people to turn their business idea into a profit. With every passing year, many niche-based rental marketplaces have developed which have indeed made a buzz across...
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