When we think of Canada, the first names that pop-up are usually Justin Bieber and Drake. Besides these gems, there is a lot more that the influential and diverse people of Canada have contributed to the world. They have a thriving tech scene and their tech contribution to the world is immense. They rank number 5th in the global ranking of countries with the most...
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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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The transformation in the e-commerce field intends to change the dynamics of the business world. No one can deny the fact that the rise of the sharing economy has given an entirely new dimension to the e-commerce industry where the relationship between the buyers and suppliers has gotten a lot stronger. However, simply running a sharing economy would not guarantee an entrepreneur a life-long success....
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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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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? Yes, it is indeed true! The startups or the biggest sharing economy website are operating due to the symbiotic relationship...
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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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