In Today’S Society, There Is No More Standing Around Waiting

Airbnb, founded during the economic downturn of 2008, is one of many innovative businesses operating within the growing shared economy. Airbnb offers an alternative to the traditional hotel business and allows property owners, termed “hosts,” to advertise and rent their extra space, be it a spare room, apartment or treehouse. “Guests” search through the Airbnb website, read reviews and connect with hosts to find less conventional and, often more, affordable lodging. Key to Airbnb’s business success is establishing a framework of trust on which both hosts and guests can rely, a system Airbnb has developed through a strong marketing strategy and through specific practices that support host and guest throughout the rental

The sharing economy has its perks however also its inconveniences. Mary Dejevsky is the writer of “Uber and the “sharing economy” are leaps into the past, not the future”, and in the text she speaks on the downside of the sharing economy. “There are questions, too, about quality of life and fairness. What recourse do you have if you are a tenant or home-owner disturbed by anti-social short-stayers? If you are a neighbor woken by driveway customers slamming their doors at 6am? If pollution is increased by the many more cars plying for hire? If wages are further depressed by casualization?”, Dejevsky lists various of problems that people face or could face now that sharing economy is becoming a global thing. All the things she mentions are pretty

While such hesitancy and anxiety are understandable during the initial emergence of a disruptive technology, the multifamily industry might be better served to embrace the reality of Airbnb and the sharing economy. The potential economic benefits for both owners and residents are just too powerful, and the risk of not embracing it is

Uber is a new way of being able to acquire money more easily; In addition, it represents a great advance for society as it helps to increase security in cities, optimizes the mobilization of means of transport and allows improving the economy, since it provides people with an easy way to work. This application allows you to unite different individuals around the world that require some means to transport themselves efficiently and

Uber is a technology platform company founded in 2009, and it provides a network of transportation service on demand. It connects its driver-partners with passengers who need and request a ride via its smartphone app. Uber is providing its service in more than 80 countries and 540 cities worldwide. Transportation services, such as taxi and limousine, have been greatly affected since Uber entered the market. As Uber’s role is being a market creator between the drivers and passengers, the company receives revenue for every trip a driver provides with the driver keeping the rest. This part incentivizes drivers to become Uber’s driver-partners since they can earn extra income. Customers switch from taxi services to Uber because

Then acquiring new hosts in some countries, Airbnb learned that they can’t rely on online tactics alone. Sometimes, people need to talk, face-to-face, with a human being. And those needs can vary from culture to culture.In so doing to set a model for the lower LSM 1 – 4 area.

The United States has serious labor market challenges as a result of rising wage inequality between people and the slow middle class wage growth. The need to provide individuals with variety of goods, service and information raise specific economic phenomena called “sharing economy”. This model of economy includes different types of industry categories: sharing information (YouTube), property (Airbnb), transportation (Uber) and more. The sharing economy works in the same way as a traditional market, where individuals exchange different goods and service. The central concept of sharing economy (collaborative consumption) is the access to the goods. The application of regulation is the major issue with this type of innovated economy. The sharing economy is a nontraditional, because the workers’ luck of benefits and the type of economical market system that creates an income and job opportunity. On the other hand this type of market provides a different type of benefits as: flexible schedule and employment; saving energy and less waste; self regulation; lower costs of the product. The context is of a great interest since participation in sharing communities and services is characterized by obligation to do good for other people and for the environment, such as sharing, and engaging in sustainable behavior (Prothero et al, 2011). The challenge of any market includes and market of sharing economy is to ensure the supply and demand. Specifically for the sharing market is the way

Sometimes referred to as collaborative consumption, other times the sharing economy, this movement is growing momentum at a stunning rate. Individuals are sharing anything from car rides to accommodation, to their front lawns to grow vegetables to even their pets. Whilst their industries are all different they all have significant factors that are the same. They are all disrupting conventional business models, impacting those traditional bottom lines and are doing so by providing platforms that promote peer to peer engagement, interaction and collaboration. This movement towards a collaborative economy affects so many of today’s industries and services and not just as a macro level, but more deeply effecting change within each industries ecosystem.

For big cities like London, there is certainly a need to regulate the market for rentals to prevent worsening shortage in rental housing. However, regulating Airbnb more strictly may not improve rental housing prospects as expected. There are other causes to this issue, least of which is Airbnb’s share economy methodology. Below I will outline the context surrounding the core issue of rental housing shortage, the role of Airbnb, and present my inference that regulating Airbnb more strictly will not solve the core issue. Alternate solutions that tackle basic income, property rights, and regulation of land and construction may be more suitable.

Market: The revolutionary concept certainly provides an alternative to public transport. Furthermore the car sharing concept is really useful for the public in a overcrowded city with limited parking & expensive parking fees. This is clearly not an untouched segment because there are other 2 competitors operating.

A recent trend in the consumer marketplace is the ability for a customer to share their personal belongings, such as their homes, apartments, automobiles, tools, bicycles, driveways, clothes, accessories, and so on. This new-shared economy is a multibillion-dollar business and is growing unremarkably. The sharing concept has created markets out of things that would never have been considered to be moneymaking assets before. These new money making concepts are disrupting our traditional economy. Regular businesses have to figure out how to compete. Is this shared economy creating new value for the consumers or is it just replacing existing business? This is what is on the minds of analysts.

The Internet has sparked the growth of the “sharing economy.” While people have always rented their stuff to others, the Internet allows them to reach more potential customers faster than ever before. Renting out a spare bedroom in Des Moines to a vacationing German couple or driving someone from downtown Brooklyn to midtown Manhattan for a meeting is a lot easier now than when the classified section of the newspaper was the bleeding edge technology.

The Sharing Economy has been one of the most popular words recently and companies like Uber, Airbnb as well as more startups are still sprawling all over the world. Yet, what is Sharing economy? What happens to the Sharing Economy? And upon that, most arguably, what are pros and cons of it? What shall we do? Towering amount of article have only one definition and few side of perspective. The Article instead summarize Allen’s research (2014) on sharing economy and efforts by Franzetti, A. (2015) and Juliet Schor (2014).

Uber is a thus a multi-sided platform, or in other words acts a digital location where buyers and sellers meet. Since it is a multi-sided platform connecting two parties, Uber is only valuable if their is a significant number of both parties in the platform. The firm which has the highest number of install base will increase its value and at the same time decrease its competitor’s company value.

Uber stands out from the rest of the crowd with four basic utilities that add a lot of value to the customer experience. Uber first needed to form a way for not just one person to ride but for multiple to ride and everyone in the Uber vehicle would split the difference in the price of the Uber ride. Then Uber had to figure out a way to get an Uber to the customers in a timely fashion. To complete that task Uber employed 160,000 Uber drivers by the end of 2014