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The sharing economy – sizing the revenue opportunity

The sharing economy – sizing the revenue opportunity
Introducing the “Sharing S-curve” We know from looking at the development path of sectors in the economy that many exhibit an ‘S-curve’ pattern. Initial low and volatile volumes make way for a breakthrough company to accelerate growth before a market saturates. At this point, old sectors mature and decline – replaced by the next overlapping innovation. Sharing leaving the rental sector in the shade We believe traditional rental industries are being disrupted by the sharing economy as established industries mature and are displaced by a new “Sharing S-curve”. We compared the revenue potential in five new ‘sharing economy’ sectors (peer-to-peer finance, online staffing, peer-to-peer accommodation, car sharing and music and video streaming) with the potential in five traditional ‘rental’ sectors (equipment rental, B&B and hostels, car rental, book rental and DVD rental). We used the resulting S-curve and model as a base for our expectations of the future growth for each sector.

http://www.pwc.co.uk/issues/megatrends/collisions/sharingeconomy/the-sharing-economy-sizing-the-revenue-opportunity.jhtml

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"IRS & CRA Should Cheer for Uber" by Addison Cameron-Huff The CRA and IRS should be the biggest champions of the "sharing economy". Why? Because the sharing economy means the taxable economy. Frommer's Airbnb Now Recruiting Professional Vacation Home Companies—Is it Moving Away from the "Sharing Economy"? Airbnb search results in Florida displaying two properties not by homeowners but by established companies This summer, Airbnb began slipping a new type of homes into its search results: Ones resulting from a partnership with professional home rental companies, not ones offered by everyday citizens with an extra room to rent. In what could be viewed as a departure from its original mandate to enable the crowdsourcing of hospitality, in a few test markets including Orlando, Airbnb is hand-selecting partners to diversify its inventory, moving away from private residences and toward properties that have never seen a permanent resident.

Subscription is the new sharing: The rise of the 'membership economy' Move over, sharing. There’s a new buzzword starting to attach itself to our economy: Subscription. For a few years now, tiered subscriptions have been in vogue. Once the niche selling point of startups like Birchbox and Dollar Shave Club, the membership model is now being embraced by top sellers from Adobe to Amazon to Starbucks, allowing customers to prove their loyalty by opting in to a long-term plan. » Uber driver sacked for asking London passenger to perform oral sex <a href=" per click advertising</a> An Uber driver has been accused of asking a female passenger if she wanted to perform oral sex on him. The driver allegedly asked if she liked the sex act and that he wanted to perform ‘sucky sucky’ on her. The incident happened in London in March and the victim has now released copies of the email exchange in which she was offered £20 on her account.

Affordable workspace London – Vrumi The sharing economy, collaborative consumption, or peer-to-peer marketplace — however you wish to phrase it — is transforming and revolutionizing the way we relate to one another and the way we live, work and interact with our communities. By now, most of us are familiar with the main players, but did you know there are a steadily growing handful of unnoticed start-ups coming up and finding their way into the collaborative economy? Do you ever feel frustrated at driving around in circles searching for a place to park your car? Ever wish somebody nearby could watch your dog for a few days?

Labor 2.0: Why we shouldn’t fear the ‘sharing economy’ and the reinvention of work Uber suffered a legal blow this week when a California judge granted class action status to a lawsuit claiming the car-hailing service treats its drivers like employees, without providing the necessary benefits. Up to 160,000 Uber chauffeurs are now eligible to join the case of three drivers demanding the company pay for health insurance and expenses such as mileage. Some say a ruling against the company could doom the business model of the on-demand or “sharing” economy that Uber, Upwork and TaskRabbit represent. Whatever the outcome, it’s unlikely to reverse the most radical reinvention of work since the rise of industrialization – a massive shift toward self-employment typified by on-demand service apps and enabled by technology.

Could you survive without any money at all? In a landscape of increasing austerity, financial instability and political disillusionment, the environmental freeganism lifestyle is retracing the roots of community engagement. Freeganism is the practice of recycling and retrieving food and goods that have been discarded as waste and its flourishing in post-recession UK. As much a lifestyle choice as an environmental protest movement, freeganism boycotts the capitalist model of production, distribution and materialism with a focus on community, generosity, social concern and sharing.

Three’s Company: Uber, De Blasio, and Yellow Cab Uber is making waves in New York City. The company—whose low-cost ride-hailing app faces backlash from San Francisco to South Africa—has begun an aggressive (and quite effective) campaign to fight a law proposed by NYC Mayor Bill de Blasio that would cap the company’s growth for one year. The city council could vote as early as Thursday on the proposal, but Uber isn’t taking the prospect of the restriction sitting down. Women Around the World » “Uberization” and “New” Economy Pose Old Dilemmas The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014. A Madrid judge has ordered U.S.-based online car booking company Uber to cease operations in Spain, the latest ban on the popular service.

Sharing economy benefits those with digital skills 9th April 2015 by Debbie Wosskow The sharing economy is a high-growth sector within the global economy, which allows people to share property, resources, time via collaborative online platforms. This can include everything from their homes to their cars and even their family pets. From skills to power drills, people can make or save money from under-used assets – and only pay for services when you actually need them. Make more of your assets As the sharing economy encourages access over ownership, it can offer some serious financial benefits for those taking part.

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