Sharing Economies

What are Sharing Economies?

Sharing Economies are the gig, collaborative, or peer-to-peer activities of acquiring, providing, and sharing access to goods and services. It is the act of people opting to rent items rather than buy them. Also, it is where social communities exchange resources on demand without owning valuable items personally, and at the same creating opportunities for other people to extract value from unused products or services. C180 Works with these 5 types of sharing economies i.e., Crowdfunding, Ridesharing, Couch Surfacing, FoodTrading, and Talent Sharing.

A sharing economy allows people to purchase goods and services via community-based online networks. Through this type of economy,people exchange intangible possessions with other people, whether they know them personally or not. For instance, the sharing economy allows people to get personal loans from peers and even share an office with dozens of different businesses. As well, when people meet, and instead of spending money individually, they share services, that is a sharing economy.

Sharing Economies Examples

A good number of people are on the sharing economies, but the larger population may not even know that sharing economy exists. Chances are you also did not know that uber is a social networking site under the sharing economy category. Below is a list of the sharing economies.

Peer-to-Peer Lending

Ridesharing and Carsharing – e.g., uber

Crowdfunding

Apartment/House Renting and Couchsurfing

Reselling and Trading

Coworking Niche Services

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