Advantages Of A Sharing Economy

Consumers have the ability to share almost anything in today’s economy, including houses, cars and clothing. You can also take advantage of the sharing economy with your next peer-to-peer (P2P), business-to-business (B2B) or business-to-crowd company.

What is the Sharing Economy?

Sharing brands, including Uber and Airbnb, grow every year in part because 68 percent of people like the idea of renting their resources, services and goods for a short time, and 66 percent of people are willing rent those items. These consumers understand that sharing offers numerous social, economic and environmental benefits. If you want to tap into the growing trade and swap market, consider starting a sharing business this year. Here are a few ideas.

1. Jewelry

Diamonds, watches and other jewelry accent special occasion outfits but can cost a small

Housekeeping

Consumers who don’t have time to clean their house, business or vehicle may hire a housekeeping service. Your cleaning company could connect consumers with general housekeepers, organizing specialists or restoration cleaners who take on tough tasks like mold removal or restorative cleaning after natural disasters.

8. Food

Instead of tossing extra food after a party or letting the food in the fridge spoil during vacation, people can share their food via an app like Olio. Another resource, Cropmobster, connects farmers with people in need. These and other food sharing options reduce waste, conserve resources and fight hunger. If you’re passionate about these benefits, begin a local food sharing business.

9. Office Space and Equipment

Sharing office space, furniture and equipment like printers and phones maximizes a company 's budget and gives freelancers affordable workspace options. Up to 43 percent of people in the U.S. will work as freelancers by 2020, and you can improve flexible working conditions, enhance collaboration and support freelance and small business owners with a B2B sharing company.

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