Why buy a car, boat or vacation home when you can share them? What’s mine is yours (for a fee) in the Sharing Economy. Owners rent out something that they are not using, such as a piece of electronic equipment, car, house, boats and other assets directly from each other, co-ordinated via the internet.
Social media is about ‘shared passion’. And the Sharing Economy is an evolvedform of social media. The online behaviours of social sharing are changing the offline world. Let’s look at some of the pioneers of the “Share Economy”
Airbnb allows you to rent out your spare bedrooms and apartments to travelers for short term stays. Instead of staying at the nearest Ritz Carlton, more than 11 million guests have booked strangers’ spare rooms and apartments since 2008.
EatWith, a website that allows diners to book paid meals in private homes, leaves food service regulators baffled over whether to crack down or look the other way.
Got a few spare hours? Run some errands on Taskrabbit.
Dogvacay – Dog owners can leave their dog with a dog sitter who will take care of the dog. It’s cheaper than the kennel and gives dogs a more comfortable place to stay, the company says.
The Sharing Economy sector is rapidly growing. Having said that, there are obstacles and challenges that need to be addressed as this sector grows. We wait and see J