Bike-Sharing Grows Up Analysis

years decisions for Bikes Bikes Bikes, which have resulted in both negative and positive impacts.

Riker’s island is alleged named after Dutch pioneer Abraham Rycken, who moved to Long Island in 1638 and whose relatives claimed Rikers Island until 1884, when it was vended to the city for $180,000. The island was utilized as a military preparing ground amid the Civil War. The Department of Corrections is an agency that is in charge of the supervision and administration of indicted detainees. The city communicated a craving to open a correctional facility for men on Rikers Island as right on time as 1925, with a specific end goal to supplant their overburdened and incapacitated prison on Welfare Island, now Roosevelt Island. The island is incorporate with numerous facilities, Rose M. Singer Center (RMSC), Eric M. Taylor Center (EMTC,

As of lately, the latest and greatest transportation craze has been ride sharing. Whether this is through ZipCar, Uber, or a similar ride sharing service, there is no denying that these services have been exceptionally successful. The underlying reason these programs have worked is almost too obvious: they are unbelievably simple. This cut and dry approach to transport has been the ultimate key to success. Through these programs, transportation is quick, accessible, and relatively cheap.

New York City and its suburbs are world-renowned for many things. However, when it comes to bicycle integration with public transportation, New York City lies in the shadow of other cities such as Portland and San Francisco. In these cities, all public buses have bike racks, trains have bicycle storage, cyclists have access to secure parking at metro stations, and safe bikeways provide cyclists with a route to metro stations. All four of these characteristics are needed to foster a bicycle-friendly transit system. However, while New York City excels in certain areas of this criteria, it lacks bike racks on buses and secure bike parking at subway stations. These problems also persist in New York City’s suburbs; however, the suburbs fall even farther behind the city due to their lack of safe bikeways.

I frequently use Uber and have discussed their ride sharing services in several other courses. I did find it surprising that the company or even car manufacturers are looking into the idea of driverless cars and rides. I still do not trust the entire concept of driverless vehicles and I believe Uber should work on other aspects of the service before even having discussions on this topic. I would mainly want to work with Uber to improve in app offerings for safety purposes. I have already seen Uber in the news due to the criminal actions of some of their drivers. Like most people on the board have stated, Uber definitely needs to do further investigations when it comes to background checks of their drivers. I believe Uber should integrate a

In bike sharing Grow’s Up: New Revenue Models Turn a Nice Idea Into Good Business” By: Amy Westervelt explains how the bike sharing business failed and with the right changes it became a big, successful, beneficial and global business. Thefts and poor management caused the business to fail in her home town, in southern California. Paris chose a different strategy, they invested in cool bikes, had reasonable prices, excellent placement of station and ran it like a well-oiled machine. Using the bikes for advertising by selling space on the bikes themselves, along with subscriptions and pre riding fees it became a profitable business. To encourage ridership some countries will most likely subsidize the program, to make it more affordable. Philadelphia’s

In this industry analysis, we will be taking a closer look at Enterprise Rent-A-Car, which operates in the car rental industry. This industry consists of firms who rent automobiles to consumers for a short period of time. This company is a part of the larger corporation called Enterprise Holdings Inc. and is considered to be their flagship brand (enterpriseholdings.com). According to Enterprise Holdings, Enterprise Rent-A-Car is the largest car rental firm in the U.S. and has over 5,800 offices located near ninety percent of the population. While some people think that the firm only deals with car rentals, Enterprise has multiple extensions of its business including Enterprise CarShare, Enterprise Car Sales, Enterprise Truck Rental, Enterprise Rideshare, and Zimride by Enterprise. The majority of Rent-A-Car’s business, however, involves neighborhood and airport car rental services. The firm’s customer base includes air travelers who are looking to secure ground transportation upon arriving at their destination as well as people looking to rent a car from a neighborhood location. Assistant Vice President of Government and Public Affairs for the company states that roughly $12 Billion is earned from the “airport market” and $12B is earned from the “neighborhood market” (https://skift.com/2013/05/08/what-a-24-billion-car-rental-market-means-to-the-u-s-travel-industry/). Over time, this neighborhood market has been vital to the infrastructure of local

This will enable the fast establishment of dominant design of the bike sharing industry. All the complementary assets, such as application, user interface, lock, bike body design, business model can be formed in a fast manner. This will also reduce the chance of patent being infringed with more patent coverages from the other 2 parties holding substantial amounts of

Zipcar started its car sharing business in Boston. Its mission was to make it easy for residence living in the city to get in a car and use for however long they needed. Their goal was to provide reliable and convenient access to on-demand transportation, complementing other means of mobility (Zipcar.com). This service would not be sustainable or functional without the

As the age of the ‘sharing economy’ becomes increasingly pervasive, many rigid and well-established public markets are being threatened by innovative development in the provision of goods and services. The New South Wales taxi industry is as such, a resilient industry that has until now effectively served the unique needs of a wide scope of consumers. The rise of app-based ridesharing as a means of transport has consequently put significant strain on the monopolistic taxi market, leading to calls for policy reform and a deregulation of the heavily enforced barriers to entry that have thus far prevented the industry from effectively allocating its resources to benefit both producer and consumer. The advantages of allowing free competition, as evident in several global cities, are numerous and include cost savings, price reduction, product differentiation and improvement in quality of service.

The concept of sharing has brought the economy to a whole different level. This new emerged market is creating businesses out of things that have never before been used. For example, renting out your home, car, driveway or even a room in your house for a dog penthouse known as DogVacay. This is not said to be a trend, this is a new market and is gaining the momentum it is because people are looking at it for economic, environmental and lifestyle reasons. Frederic Larson, a 63 year old photographer, teaches at the Academy of Art University in Hawaii uses the sharing economy to generate extra revenue. Renting out his home on Airbnb for $100/night leaving himself with one room to stay in, and he uses his Prius four nights a week for the ride-sharing service Lyft and is able to generate an extra $100/night. This is not only something for people to make their lives easier and live a better life in crowded areas, but now people are able to generate

RentMyCar’s mission is to provide high-quality, low-cost, hassle free car rentals to everyone. The peer-to-peer (P2P) business model adopted by RentMyCar provides the firm a competitive advantage over other car rental companies. However, it is important, that RentMyCar not only conveys accurately the company’s intention, but also in a way that is meaningful to every stakeholder. Thus RentMyCar will make this vision make accessible by separating the movement into three major steps: launch, scale, and expand. During the launch phase RentMyCar will build and leverage strategic partnerships to quickly generate brand and credibility. RentMyCar will acquire initial customers by propagating the brand via these partners, however the launch phase will be restricted to the tristate area New York, Massachusetts and Connecticut. During the scale phase, RentMyCar will then leverage social media and digital marketing to generate leads for new customers and manage complex customer relationships across a variety of channels; both digital and traditional. By segmenting existing customer groups based on newly discovered needs and buying patterns RentMyCar will maximize its profits and revenues. Additionally, RentMyCar will also scale its operations to other states on the east coast. RentMyCar will then achieve economies of scale by rolling its service to other states of the country while focusing on efficiency of its operations.

Car2go is a carsharing provider that that utilizes SMART cars for customers to use with in zones for point to point destination and are charged by the minute ($0.35 -$45). The company operates in 32 cities around the world. Car2go launched in 2011 in Calgary (Alberta, Canada) with 125 cars which and has since grown to over 500 (Car2go, 2015). As one of the most successful launches in the company’s history the firm boasts among 80,000 users in Calgary, accounting for over 2 million distinct trips since its launch (Flecther, 2015). Although, Car2go is arguably enjoying tremendous business success particularly in Calgary there is increasing obstacles to continued carsharing growth such as new restrictions on parking of vehicles, increased regulation on sharing service, as well as higher insurance premiums, have prompted Car2go to examine how else might they achieve continued growth particularly in the Calgary market. A potential response to this problem is for Car2go to leverage its existing knowledge and expertise in providing shared service products to consumers by launching a new bike sharing service in Calgary. Recent bike sharing infrastructure including designated city bike lanes have made this an interesting potential. This along with the fact that no known bike sharing service currently exists provide a curious opportunity to be explored for Car2go to expand its market offering. The potential of this new market offering and the l customer perceived

The implications of a sharing economy are a hot topic for debate in the news and research journals and are continually being monitored through a deeper analysis of its roots; but what is a sharing economy? “A sharing economy is an economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the Internet” (“Sharing Economy,” 2016). The course reading, I have chosen to discuss is the news article, “Debate over Airbnb and Uber reveals hypocrisy of ‘sharing’ economy” written by Jason Proctor, who discusses the controversies surrounding a sharing economy. The current housing crisis that is propagating throughout Metro Vancouver is an example of how a sharing economy can have