If we have a look at the global markets we see two off beat companies making a lot of buzz. These two giants own almost zero inventory and still are at the top of their businesses. They provide customers with the services they want and provide resource or asset owners with an opportunity to earn money from their hitherto idle resources. One of these companies is...
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The demands of consumers can be described in one word: Choices! Gone are those days when consumers used to stick to a single market only for procuring their desired services and products. The changing scenario of marketplaces has enabled consumers to compare which one is better for them and what can add a great value to their hard-earned money. The rise of peer-to-peer sharing platform...
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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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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 creating such an efficient marketplace requires a lot of efforts as well as resources. No wonder, that the masterminds and experts of this realm have tried their hands on figuring out what the correct...
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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 solve their issues the minute it...
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With the prevalence of Internet in 21st century, e-commerce has taken the world by storm. It is slowly becoming an effective business tool and profitable investment not only for the entrepreneurs but also for potential customers who are always in search for incredible commodities. The e-commerce has given birth to P2P marketing which has changed the dimension of marketing strategy. The P2P marketplace websites is...
Read MoreSharing things is a good thing and it has been taught to many of us in our childhood. As we grow, the worldly things become more important to us than our moral values and hence we tend to forget it. At this point, we have only one thought regarding sharing and that is what we will get in return? This is actually the selfishness that...
Read MoreThe blockchain is the most trending topic these days and has made a lot many people learn what it revolves around and why is it necessary. But coming to a conclusive statement for a non-technical person, it is a quite a difficult concept to comprehend as they are unaware of the term and basic information related to it. Let’s try together to get the fundamental...
Read MoreShared economy is really a boon for the business and it has provided us with the successful business economies like Airbnb and Uber. It leads to the rise of the new business model mainly that of platforms. These platforms are more community-centric and provide a potential for faster growth and development. The platform-based model of the business differs from the traditional models and the major differences...
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