What is the Sharing Economy? The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of acquiring, providing, or sharing access to goods and services that is often facilitated by a community-based on-line platform.
Examples of the Sharing Economy
Sharing economy companies and examples
Airbnb: Airbnb is a community marketplace for people to list, discover and book unique accommodations around the world – online or from a mobile phone or tablet. Airbnb allows people to monetize their extra space and promote it to a widespread, targeted audience.
Abstract: “Recently, Uber has emerged as a leader in the “sharing economy”. Uber is a “ride sharing” service that matches willing drivers with customers looking for rides.
But it actually is not a sharing economy example. Netflix is an on-demand subscription business model. It is also not a pay-per-use business model (which is another often-repeated misnomer). ... But they are not a sharing economy platform.
The sharing economy is accompanied by diverse expected benefits. Through the creation of new transactions, consumers can enjoy low prices, diverse options and better quality and convenience, and suppliers can earn additional income, all of which contribute to the welfare of the participants.
Amazon is tapping into the sharing economy. “You can work as much or as little as you want.” Amazon didn't immediately respond to CNBC's request for comment. ...
In 2016, 44.8 million U.S. adults used the sharing economy, and it's expected to grow to 86.5 million U.S. users by 2021. McKinsey estimates that in the U.S. and Europe alone, 162 million people or 20-30 percent of the workforce are providers on sharing platforms.
Sharing is distributing, or letting someone else use your portion of something. An example of sharing is two children playing nicely together with a truck.
The main features of a sharing economy business model are: Access instead of ownership: rather than buying an asset, the seeker rents it from someone else. A platform brings together owners and seekers and facilitates all processes between them.
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