SlideShare a Scribd company logo
1 of 13
Download to read offline
THE NEW
SHARING
ECONOMY
A STUDY BY LATITUDE IN COLLABORATION WITH SHAREABLE MAGAZINE
                                                                                          IT’S TRUE THAT SHARING IS A SIMPLE CONCEPT AND A
                                                                                          FUNDAMENTAL PART OF EVERYDAY LIFE. THANKS IN LARGE
                                                                                          PART TO THE WEB, IT’S NOW AN INDUSTRY WITH SEEMINGLY

                                                                                          UNBOUNDED POTENTIAL.



                                                               THE NEW SHARING ECONOMY IS ONE INSTALLMENT OF LATITUDE 42s
                                                    an ongoing series of open innovation studies which Latitude, an international research
                                                      consultancy, publishes in the spirit of knowledge-sharing and opportunity discovery.
PHOTO BYD'ARCY NORMAN




     Technology is connecting individuals to information, other people, and physical things in ever-more
     efficient and intelligent ways. It’s changing how we consume, socialize, mobilize— ultimately, how
     we live and function together as a society. In a global economy where the means of production are
     becoming increasingly decentralized, where access is more practical than ownership, what do the
     successful businesses of the future need to know?


             —   What’s changed about our psychology of sharing?
             —   Is money the only, or even the most valuable, currency anymore?
             —   How can Web, mobile and real-time technologies continue to fuel sharing?
             —   What are the opportunity spaces for business owners & future sharing entrepreneurs?




01                                                                                                         THE NEW SHARING ECONOMY I LATITUDE 42
THE NEW DRIVERS OF SHARING                                                                                               ENVIRONMENTAL CONCERNS
                                                                                                                         — More than 3 in 5 participants
                                                                                                                         made the connection between
75% of respondents predicted their sharing of physical objects and spaces
                                                                                                                         sharing and sustainability, citing
will increase in the next 5 years.                                                                                       “better for the environment” as
                                                                                                                         one benefit of sharing.*
TECHNOLOGY
— Online sharing is a good predictor of offline sharing. Every study participant who shared
information or media online also shared various things offline — making this group
                                                                                                                         GLOBAL RECESSION
                                                                                                                         — Over the past few years, the
significantly more likely to share in the physical world than people who don’t share digitally.
                                                                                                                         tenuous state of the economy has
— 85% of all participants believe that Web and mobile technologies will play a critical role                             heightened awareness around
in building large-scale sharing communities for the future.                                                              purchasing decisions, stressing

     Y                                                                                                                   practicality over consumerism.
                                                                                                                         Participants with lower incomes                                                       PHOTO BY KEVIN DOOLEY

                                                                                                                         were more likely to engage in
COMMUNITY                                                                                                                sharing behavior currently and to feel positively towards the idea of sharing
                                                                                                                         than did participants with higher incomes. They also tended to feel more
— 78% of participants felt
                                                                                                                         comfortable sharing amongst anyone who joins a sharing community. ¢ L
their online interactions with
people have made them                                                                                                    — Regardless of income, more than 2/3 of all participants expressed that
more open to the idea of                                                                                                 they’d be more interested to share their personal possessions if they could
sharing with strangers,                                                                                                  make money from it.
suggesting that the social
                                                                                                                         — The two most popularly perceived benefits of sharing (67% each*) were
media revolution has
                                                                                                                         “saving money” and being “good for society,” echoing the “we + me” mentality
broken down trust barriers.
                                                                                                                         now popular amongst Millennials; saving money needn’t come at the expense
         $$$                                                                                                             of helping the environment or society.
                                                                                                PHOTO BY EIRIK SOLHEIM

                                                                                                                         Symbols convey that the following subgroups were significantly linked to the corresponding data point:
— Moreover, most participants (78%) had also used a local, peer-to-peer Web platform like
Craigslist or Freecycle- where online connectivity facilitates offline sharing and social activities.                     Y   Gen Y (ages 20-29) $$$ High Income ($100k+)                  Tech-oriented             Has Children

                                                                                                                          L   Politically Liberal      ¢ Low Income (<50k)                 Smartphone Owner

This study’s data supports the four primary drivers of sharing as originally outlined by Rachel Botsman,
co-author of What’s Mine is Yours: The Rise of Collaborative Consumption                                                 *Response options were not mutually exclusive.

02                                                                                                                                                                                 THE NEW SHARING ECONOMY I LATITUDE 42
PHOTO BY CIAT - INTERNATIONAL CENTER FOR TROPICAL AGRICULTURE




THE NEW TIMELESS                                                                                                                                         “IN BOTH DEVELOPED AND DEVELOPING


CULTURE OF SHARING
                                                                                                                                                         PARTS OF THE WORLD, PEOPLE ARE
                                                                                                                                                         EXPLORING HOW TO USE GOODS AND
                                                                                                                                                         SERVICES MORE COLLABORATIVELY,
                                                                                                                                                         COMBINING PERSONAL AND SOCIETAL
Sharing is a basic part of human life, so perhaps it shouldn’t come
                                                                                                                                                         VALUE, UNLOCKING OPPORTUNITIES FOR
as a surprise that older generations were just as likely to share as
Millennials. In fact, participants aged 40+ were more likely to feel                                                                                     ORGANIZATIONS OF ALL KINDS AND,

comfortable sharing with anyone at all who joins a sharing                                                                                               ULTIMATELY, CREATING NEW WAYS FOR US
community (with varying levels of community protections in place)                                                                                        TO ENJOY LIFE AND LIVE SUSTAINABLY AT
and to perceive “making new friends” as a benefit of sharing,                                                                                            THE SAME TIME."
whereas Millennials tended to feel comfortable sharing only within                                                                                       —STEVE MUSHKIN, CEO OF LATITUDE
smaller networks.* Attitudinally, however, Millennials were more
likely to feel positively about the idea of sharing, more open to trying
it, and more optimistic about its promise for the future.




                                                                                                                                                                                                          PHOTO BY GRINAPPLE
*It’s worth acknowledging that Millennials may simply consider a wider network of
people to be “friends” or to have more granular understandings of digital privacy
controls, thanks to the rise of social networking — so the relative sizes of these two
generations’ trusted networks may not differ greatly, even if their labels do.


“A LOT OF THESE ARE VERY OLD-MARKET BEHAVIORS, BUT THEY’RE BEING
REINVENTED ON A SCALE AND IN WAYS THAT WE’VE NEVER SEEN BEFORE
BECAUSE OF TECHNOLOGY. FOR SURE, MILLENNIALS ARE THE FOOTSOLDIERS
DRIVING THIS CHANGE BECAUSE IT’S VERY INTUITIVE TO THEM; THEY’VE NEVER
KNOWN ANY DIFFERENTLY. BUT I THINK THAT IT ALSO SEEMS NATURAL TO THE
OLDER GENERATIONS—THE WAR-TIME GENERATIONS— BECAUSE THEY HAD A
VERY STRONG SENSE OF COMMUNITY.”
—RACHEL BOTSMAN, CO-AUTHOR OF WHAT’S MINE IS YOURS: THE RISE OF
COLLABORATIVE CONSUMPTION
03                                                                                                                                                                THE NEW SHARING ECONOMY I LATITUDE 42
PHOTO BY ROBERT S. DONOVAN




                                                                               THE NEW STUFF OF SHARING
                                                                               THE DRIVE OF DIGITAL
                                                                               — Not surprisingly, 3 out of 4 participants currently share personal or
                                                                               informational content through social networking platforms. Moreover, 70%
                                                                               share digital media, and 68% share physical media like books and DVDs.

                                                                               — Of those who share information and media online, approximately 2 in 3
                                                                               participants use other people’s creations licensed under Creative Commons.



                                                                               THE STATE OF PHYSICAL SHARING
                                                                               After information and media, the most shared categories are, respectively:
                                                                                     Living space (58%)
                                                                                     Work space (57%)
                                                                                     Food preparation/meal-sharing (57%)
                                                                                     Household items/appliances (53%)
                                                                                     Apparel (50%)
                                                                               Car-sharers shared across significantly more categories than non-car-sharers
                                                                               (an average of 11 vs. 8 categories, respectively).


                                                                               WHAT KIND OF STUFF IS SCREAMING TO BE SHARED?
                                                                               People are most interested in sharing infrequent-use items that have a high
    “OPPORTUNITIES THOUGHT IMPRACTICAL BECAUSE OF PERCEIVED TRUST BARRIERS     barrier to ownership or a high burden of ownership. This is the primary reason
    ARE NOW FAIR GAME. THE EXAMPLES OF LENDING CLUB, COUCHSURFING, AND         that car-sharing has met with such success over recent years. The other part is
                                                                               a larger paradigm shift where people are just beginning to think about “stuff”
    THREDUP SHOW THAT PEOPLE ARE ENGAGING IN INTIMATE TRANSACTIONS WITH
                                                                               differently. They’re focusing on the benefits of access over ownership—of
    STRANGERS DRIVEN BY TECHNOLOGY, NEW NORMS, AND NEED. THIS IS THE TRUST     practicality over materialism, experiences over possessions.
    FRONTIER. WE ARE YET TO DISCOVER HOW FAR WE CAN PUSH THIS FRONTIER.             Transportation: automobiles, bikes, boats
    THIS IS THE DECADE WHEN WE ANSWER THE QUESTION: "HOW MUCH CAN WE SHARE?"        Infrequent-Use Items: household items, event equipment, sporting goods
    —NEAL GORENFLO, PUBLISHER OF SHAREABLE MAGAZINE                                 Physical Spaces: garages, parking spaces, spare rooms

     04                                                                                                                          THE NEW SHARING ECONOMY I LATITUDE 42
THE NEW OPPORTUNITIES                                                                                                                                        The greatest areas of opportunity for new sharing businesses are those where a lot of
                                                                                                                                                                       services do not currently exist within a specific industry category and where a large
                                                                                                                                                                       number of people are currently either a) sharing casually (not through an organized

          FOR SHARING                                                                                                          Created by Latitude for The
                                                                                                                               New Sharing Economy study
                                                                                                                                                                       community or service) or b) not sharing at all but would be interested to share. They
                                                                                                                                                                       include transportation, infrequent-use items, and physical spaces.

                                                                                           70%
                                                                                                  BEST NEW                                                                                                                                            OPPORTUNITIES
                % currently sharing casually and those not sharing now but interested to




                                                                                                  OPPORTUNITIES                                                                                                                                        STILL REMAIN
                                                                                           65%                                                                                                              PHYSICAL MEDIA


                                                                                                                                               HOUSEHOLD ITEMS / APPLIANCES
                                                                                                           TIME / RESPONSIBILITIES
                                                                                           60%
                                                                                                                                                                                                                                                         DIGITAL MEDIA
LATENT DEMAND




                                                                                                                                                  MONEY (LENDING BORROWING)

                                                                                           55%                                  AUTOMOBILE                          LIVING SPACE


                                                                                                                                                                           FOOD PREPARATION OR MEAL
                                                                                                                                                   OUTDOOR
                                                                                           50%                                                     SPORTING GOODS                     FOOD CO-OP / COMMUNITY GARDENING

                                                                                                                                                                                     TRAVEL ACCOMMODATION


                                                                                                                                                                 APPAREL
                                                                                           45%
                                                                                                                                                    BIKE

                                                                                                                                                                                   STORAGE SPACE

                                                                                                                                                                                                                             WORK SPACE
                                                                                           40%

                                                                                                  LOW INTEREST AND                                                                                                                                       DONE WELL
                                                                                                  LOW PRIOR SUCCESS                                                                                                                                        ALREADY
                                                                                           35%
                                                                                                 10%                    20%                           30%                             40%                           50%                         60%                      70%

                                                                                                                                                               MARKET SATURATION
           05                                                                                                                                % currently sharing through a service or organized community                                 THE NEW SHARING ECONOMY I LATITUDE 42
THE NEW OPPORTUNITIES FOR SHARING
Three out of every four respondents predicted that their own sharing of physical objects and spaces will increase in the next 5 years.

TRANSPORTATION                                                           INFREQUENT-USE ITEMS                                                  PHYSICAL SPACES
OPPORTUNITY                                                              OPPORTUNITY                                                           OPPORTUNITY

There’s still a large amount of unfulfilled demand for                   Many people already share occasional-use household items              People are surprisingly unreserved about sharing the spaces
car-sharing. More than half of all participants either                   (such as power tools, kitchen appliances, party supplies, and         they (or their things) inhabit. Both travel accommodations and
shared vehicles casually or weren’t sharing currently                    sporting goods) with friends, but few services exist yet to           storage space ranked among the top 5 categories overall that
but expressed interest in doing so. For people who                       organize these sharing efforts; 62% of participants either            people who currently share in an organized fashion would
share in an organized fashion, cars and bikes were                       share these items casually now or don’t yet share but                 share with strangers (given the option to screen other
popular for sharing amongst family and close friends                     expressed interest in doing so, while only 27% currently              members). Physical space is a valuable commodity, which is
but weren’t commonly shared outside this immediate                       share through a community or service.                                 why more co-working and peer-to-peer lodging services are
network, relative to other categories of goods.                                                                                                popping up and doing well. Moreover, new models of sharing
                                                                                                                                               like fractional ownership are refreshing how we think about
                                                                                                                                               accessing a variety of different spaces.

CHALLENGE                                                                CHALLENGE                                                             CHALLENGE

There’s a significant opportunity for broad-scale                        Physical sharing requires a high concentration of local               Sharing space simply needs to make practical sense in people’s
transportation sharing if issues relating to member                      members to offer real value as a service; this can be                 lives in order for them to adopt it; the act must be attached to
trust, insurance and availability of services (e.g.                      especially challenging outside dense, urban areas. However,           concrete benefits like saving or making money, more convenient
beyond urban areas) can be overcome.                                     there’s a significant opportunity to share household items in         access, or access to otherwise unavailable offerings.
                                                                         suburban areas if services can generate enough visibility and
                                                                         interest at the hyperlocal level. More than any other
                                                                         categories of goods, sporting/outdoor equipment and
                                                                         household items represent areas where people simply aren’t
                                                                         aware that some services already exist to help them share.

                                                                                                                                                                                                        PHOTO BY HYKU / JOSH HALLETT


                                                                                                                                               “THE MOST IMPORTANT MOTIVATING FACTOR IN MY DECISION TO CAR-SHARE WAS
                                                                                                                                               THE ABSURDITY OF OWNING SOMETHING LARGE AND RELATIVELY EXPENSIVE THAT
                                                                                                                                               JUST SITS AROUND. I BENEFITTED BY GETTING GREAT EXERCISE, REDUCING MY
                                                                                                                                               CARBON EMISSIONS, AND MAKING SOMETHING AVAILABLE TO SOMEONE WHO REALLY
                                PHOTO BY PIXIETART / JENENE CHESBROUGH                                                      PHOTO BY ROB LEE   NEEDED IT WHEN I DID NOT.” —FEMALE STUDY PARTICIPANT, 56, ITHACA, NY, USA

06                                                                                                                                                                              THE NEW SHARING ECONOMY I LATITUDE 42
THE NEW
                                                                            PHOTO BY ELLEN F. LAIGE




“YOU JUST THINK OF THE NUMBER OF CARS ON THE ROAD—THE
RESOURCE THAT WE HAVE IN OUR OWN COMMUNITIES IS SO MASSIVE...




SHARING
WHAT THE PEER-TO-PEER MODEL DOES IS IT REALLY ALLOWS US TO
LEVERAGE THAT INSTEAD OF STARTING FROM SCRATCH AND BUILDING
OUR OWN FLEET.”
—SHELBY CLARK, FOUNDER & CEO OF RELAYRIDES,
THE FIRST PEER-TO-PEER CAR-SHARING MARKETPLACE




ECONOMY
THE NEW
PEER-TO-PEER
    LATITUDE
 A STUDY BY                 IN COLLABORATION WITH SHAREABLE MAGAZINE
                                                                                                        IT’S TRUE THAT SHARING IS A SIMPLE CONCEPT AND A
                                                                                                        FUNDAMENTAL PART OF EVERYDAY LIFE. THANKS IN LARGE
                                                                                                        PART TO THE WEB, IT’S NOW AN INDUSTRY WITH SEEMINGLY


BENEFITS OF SHARING                                                                                     UNBOUNDED POTENTIAL.
                                                                                    COMMUNITY MATTERS, COMPANY SIZE DOESN’T
Peer-to-peer sharing allows for potentially unbounded
scalability, access to more resources and often at closer                       Most participants liked the idea of sharing services that felt smaller and more
proximity to us. Because peer-to-peer companies aren’t                          accessible, like local or grassroots companies (45%) or venture-funded startups (20%).
subject to the overhead cost of purchasing and maintaining a                    These companies typically foster strong senses of community by virtue of their small
“fleet” of assets all their own, the cost to renters is often lower;            size, clear communications, and enthusiastic core communities—traits which needn’t
moreover, members have the opportunity to monetize their                        be exclusive to small business. In fact, 22% of participants liked the idea of a sharing
own possessions. These peer-based “marketplaces” help the                       service associated with a major, well-known brand. Point being: regardless of a
environment by using the resources we already available                      THE NEW SHARING ECONOMY focus on earning the trust of its community and engaging
                                                                                company’s size, it should
                                                                                                                IS ONE INSTALLMENT OF LATITUDE 42s
                                                                  an ongoing series of open innovation studies which Latitude, an international research
more efficiently rather than manufacturing more new goods.                      actively with them.
                                                                     consultancy, publishes in the spirit of knowledge-sharing and opportunity discovery. SHARING ECONOMY LATITUDE 42
07                                                                                                                                                  THE NEW              I
PEER-TO-PEER PRINCIPLES ALL BUSINESSES SHOULD KNOW

                      THE NEW PEER-TO-PEER        THE APPEAL OF PERSONAL MONETIZATION
                                                  69% of all participants expressed that they’d be more interested in sharing their stuff if they could


                      OPPORTUNITIES FOR SHARING   make money from it. Across all industry categories (excepting physical media, apparel, and
                                                  money), more than half of participants wished to gain access to others’ assets—rather than being
                                                  a lender or seller who provides access to others, so this money-making draw could be key to
                                                  scaling up sharing communities.


                                                  THE CULTURE OF INDIRECT RECIPROCITY
                                                  The most popularly cited barrier to sharing was having concerns about theft or damage to
                                                  personal property, but 88% of respondents claimed that they treat borrowed possessions well.
                                                  Reputation is increasingly becoming an important form of currency; communities that offer
PHOTO BYJOHN MEYERS




                                                  transparency (such as through open ratings and reviews) encourage good behavior and trust
                                                  amongst members.


                                                  THE REALITY OF SCALABILITY
                                                  In the peer-to-peer model, value to members increases as the community grows: more assets
                                                  are made available, often at closer distances. Scaling up communities shouldn’t be a problem
                                                  when 53% of all participants are already comfortable sharing amongst people they may or may
                                                  not know personally (with varying community protections in place).




                                                  “THE CONFLUENCE OF MEDIA AND TECHNOLOGY WAS FIRST GROUNDBREAKING IN ITS ABILITY TO
                                                  CONNECT PEOPLE TO INFORMATION. THEN IT WAS REALLY ABOUT CONNECTING PEOPLE TO OTHER
                                                  PEOPLE WITH THE ADVENT OF WEB 2.0. NOW THE NATURAL EXTENSION OF ALL THIS IS CONNECTING
                                                  PEOPLE TO STUFF—TO THE PHYSICAL THINGS OF EVERYDAY LIFE. WE’RE AT A POINT WHERE ONLINE,
                                                  SHARED INTEREST COMMUNITIES AND ADVANCEMENTS IN MOBILE, REAL-TIME AND LOCATION-AWARE
                                                  TECHNOLOGIES HAVE CREATED A ‘PERFECT STORM’ FOR SHARING IN THE PHYSICAL WORLD. THERE’S
                                                  A HUGE OPPORTUNITY FOR BUSINESSES TO CREATE THE TECHNOLOGICAL AND COMMUNITY
                                                  INFRASTRUCTURE THAT WILL HELP PEOPLE TO SHARE IN NEW WAYS, LOCALLY AND ACROSS MUCH
                                                  BROADER DISTANCES, THAN WAS EVER POSSIBLE BEFORE.”
                                                  —KIM GASKINS, DIRECTOR OF CONTENT DEVELOPMENT AT LATITUDE

                      08
PHOTO BY JACOB BØTTER
THE NEW SHARING TAKEAWAYS
FOR NON-SHARING BUSINESSES
BECOME A WE-BASED BRAND
The growth of sharing suggests a new climate where, increasingly,
people expect that businesses will enable them to improve their own
lives and those of others—whether by making more sustainable
choices, by providing access to help others meet their own needs, or
by spreading the word about a good brand or worthy cause. This
dual-benefit model is worthy of further attention by all businesses,
insofar as it represents a growing reality for connected culture.
Companies can offer value to their communities by acknowledging that
money and products are no longer the only—or even the most
valuable—element of a brand transaction for many individuals today.        “THE RISE OF SHARING REQUIRES US TO USE A NEW LANGUAGE WHERE ‘ACCESS’ TRUMPS
                                                                           ‘OWNERSHIP’; SOCIAL VALUE BECOMES THE NEW CURRENCY; ‘EXCHANGES’ REPLACE
                                                                           ‘PURCHASES’; AND PEOPLE ARE NO LONGER CONSUMERS BUT INSTEAD USERS,
FIND VALUE IN SOCIAL AND ALTERNATIVE CURRENCIES
Sharing culture makes it possible for virtually anything, including        BORROWERS, LENDERS AND CONTRIBUTORS. ALL OF THIS MEANS BUSINESSES MUST
specialized skills or knowledge, used goods, and social reach, to          REDEFINE THEIR ROLE FROM PROVIDERS OF STUFF TO BECOME PURVEYORS OF
become currency. When asked to come up with their own sharing              SERVICES AND EXPERIENCES.” —NEELA SAKARIA, SVP OF LATITUDE
business concepts, many participants envisioned services founded on
bartering (non-monetary exchanges) with others in a community.
What’s more, there’s a sizable new market for trading time and
responsibilities. At present, 61% of participants either share time or
                                                                           THE NEW SHARING ECONOMY METHODOLOGY
responsibilities casually or would be interested in doing so, while only
                                                                           Participants from across the globe (n=537) took a Web-based survey which captured
16% already share through an organized community or service.
                                                                           sharing attitudes and current engagement with sharing in a variety of contexts, with a
                                                                           focus on establishing benchmarks for the new sharing economy. The study also sought
Forward-thinking companies like Netflix and Threadless have already
                                                                           to understand trust, the role of community, and the new psychology of sharing.
demonstrated that users can provide value to traditional businesses
                                                                           Participants were asked to ideate future sharing opportunities—new models and service
without buying something: through word-of-mouth, content creation,
                                                                           offerings—across industries for both businesses and society at large.
community innovation, and beyond.

09                                                                                                                                  THE NEW SHARING ECONOMY I LATITUDE 42
SHARING IS
                                                            CONTAGIOUS
                                                            THIS INFOGRAPHIC CHARTS THE RISE OF
                                                            COLLABORATIVE CONSUMPTION:
                                                            THE RAPID EXPLOSION IN TRADITIONAL
                                                            SHARING, BARTERING, LENDING, TRADING,
                                                            RENTING, GIFTING, AND SWAPPING
                                                            REDEFINED THROUGH TECHNOLOGY AND
                                                            PEER COMMUNITIES.
                                                            WWW.COLLABORATIVECONSUMPTION.COM


                                                            1960-2010




                                           PEER-TO-PEER PRODUCT SHARING STARTS TO                                                                                                                             RELAYRIDES / WHIPCAR / MU
                                                                                                                                                                                                                                                                                                                                                                                                                                THING LOOP / SNAPGOODS                                            1.96 BN
                                                                                                                                                                                                            DRIVE MY CAR RENTALS / WHEELS      B-CYCLE / MELBOURNE BIKE SHARE                                                                          THREDUP/ 99 DRESSES /                OPENSPOT / PRIMOSPOT                                                  YES-SECURE / IGRIN
                                              BECOME MAINSTREAM AND HYPER-LOCAL            2010             STICKY BITS / ITIZEN                                                  BLOCKCHALK              ZIBIGO / RIDEPENGUIN / CAB CORNER    NICE RIDE / BIXI (LONDON) / ECOBICI     SHARE ZEN / CROWDRENT                COZYBUG                        SWAPBOOKS                  SHARED EARTH / URBAN GARDEN SHARE      NEIGHBORGOODS / TRADESCHOOL     PAYPAL 2.0 / PEEPEX/ OURGOODS




                                     ELINOR OSTROM WINS NOBEL PRIZE FOR ECONOMICS                                                                                                                              HOURCAR / WHIZZ CAR
                                                                                                                                                                                                                                                                                     HIRE THINGS / SMARTYRENTS /                                 SWAPITBABY / SWAPSTER / SWAPCOVE /
                                                                                                                                                                                                              CARSHARE HFX / CONNECT
            FIRST TO WIN WITH A THEORY IN THE EFFICIENCY OF COMMONS-BASED SOCIETIES        2009                                                                                   FOURSQUARE                U-CARSHARE / WECAR / CAR2GO            BIXI / DUBLIN BIKES / VILLO       WEAR TODAY, GONE TOMORROW           REUSEITNETWORK                TOYSWAP / THREDSWAP             CRASHPADDER / ISTOPOVEROFFICE              SHARE SOME SUGAR           VENMO / TINY / QUIDS / KROONOS        1.8 BN

                                                     ACCESS IS THE NEW OWNERSHIP
                                GREAT FINANCIAL CRASH SHOCKS CONSUMER BEHAVIORS                                                                                                                                                                                                       RENTALIC / BABYPLAYS /                                                                          AIRBNB / LAUNCHPAD / SPAREGROUND /
              PRESIDENT OBAMA (MYBO.COM) PROVES THE POWER OF MASS COLLABORATION            2008                                                                                                            CONNECT / CITYWHEELS / MINT            HZ BIKE / VEL'OH / BIKE ONE         LUCKYDUCK / DRESSEDUP                 KASHLESS                    DIGNSWAP / SWAPACE                 LANDSHARE / ROOMORAMA           WECOMMUNE / ECOMODO / SHAREHOOD        BANK OF HAPPINESS                1.5 BN


                                                 SMART PHONES & APPS COME OF AGE
                                                                                                                                                                                                                                                                                       RENTOID / RENTCHARLIE /
                                WE ENTER THE PERIOD OF SHARING ANYTIME, ANYWHERE           2007                                                     TUMBLR                   GOWALLA / EVERYBLOCK           GOLOCO / CITYHOP / ORIX AUTO             VÉLIB' / BICING / SEVICI             SOLARCITY / ZILOK                  SCOODI                                                           STOREATMYHOUSE                                                          VEN / DIVVY                  1.3 BN


                             PEER-TO-PEER COLLABORATIVE SITES GLOBALLY MUSHROOM                                                              YOUTUBE / SLIDESHARE
                                                                                                                                                                                                                                                                                                                                                    SWAPTREE / PAPERBACKSWAP /
                                                                                                                                                                                                                                                                                                                                                   BOOKMOOCH / SWAPBABYGOODS /            CITIZEN SPACE / TECHSHOP /
                                                                                                                                                                            LINKEDIN / TWITTER / LOOPT         GREENWHEELS / GOGET                                                     BAG BORROW OR STEAL /
                            SOCIAL MEDIA TOOLS START TO BECOME A PART OF 'REAL' LIFE   2004-2006                                           DIG / FLICKR / VIMEO / YELP   FACEBOOK (COPRORATE NETWORKS)     STREETCAR / FLEXICAR / ZIMRIDE                    VELO'V                      FROMBAGSTORICHES          USEDCARDBOARDBOXES / GIGOIT          CLOTHING EXCHANGE               PARKATMYHOUSE / CO-WORKING                  NEIGHBORROW              LENDING CLUB / PROSPER / ZOPA         1.1 BN



                                                                                                                                             FOTOLOG / WORDPRESS             FRIENDSTER / MYSPACE /                                                                                                                                                                                        COUCHSURFING / THE HUB
    THE LINE BETWEEN WHAT IS PUBLIC & PRIVATE, REAL WORLD & VIRTUAL BEGINS TO BLUR     2002-2003                  SKYPE                         D.E.L.I.C.I.O.U.S                 SECOND LIFE               NURIDE / I-GO CAR SHARING                 CALL A BIKE (BERLIN)                                                 FREECYCLE                   ZUNAFISH / SWAPAGIFT                     HUB CULTURE                                                                                       682 MM



                                                                                                                                         WIKIPEDIA / CREATIVE COMMONS         MIGENTE / DODGEBALL
                                          BELIEF IN THE COMMONS MAKES A COMEBACK       2000-2001                                          STUMBLE UPON / BIT TORRENT             MEETUP / RYZE              ZIPCAR / VRTUCAR / FLEXCAR             CALL A BIKE / CITY RADER                                                 GUMTREE                                                                                                                                                               513 MM



                                                                                                                                                                                     CARE2
        TECHNOLOGY ENABLES PEER-TO-PEER SHARING & CULTURE OF DEMATERIALIZATION         1998-1999                                                   NAPSTER                   LIVEJOURNAL / CYWORLD       CAR SHARING PORTLAND / AUTOSHARE                                                                                                                                                                                                                               PAYPAL                    248 MM


                      EARLY FORMS OF COLLABORATIVE CONSUMPTION START APPEARING
                                                                                                                                                                                  STAJL PLEJS
DISRUPTING MODELS OF OWNERSHIP AND REINVENTING TRADITIONAL RENTING EXPERIENCES         1996-1997           GOOGLE / MAPQUEST                                               SIX DEGREES / ASIAN AVENUE                MOBILITY                              BIKEABOUT                                                                                                                                                                                                                               70 MM


                                              WEB BECOMES SEARCHABLE & SOCIABLE                          INTERNET / WELL / GNU /
                                                                                                                                                                                                             EUROPEAN CAR SHARING /                                                                                                                                                                                                                                TIME BANKING /
                                        TRUST BETWEEN STRANGERS BUILDS VIRTUALLY       1981-1995    WORLD WIDE WEB / ARCHIE / ERWISE /
                                                                                                       GLOBAL EMAIL / WIKIWIKIWEB                    LINUX                    MATCH / CLASSMATES             STATTAUTO / COMMUNAUTO                        BYCYKLEN                                                     EBAY / CRAIGSLIST                                                                                                                     BARTERCARD / FUREAI KIPPU            16 MM



                                                                                                                                                                                                                                                       WHITE BICYCLES /
                 WEB STARTS TO BECOME ORGANIZED (WE CAN CONNECT WITH EACH OTHER)       1960-1980          ARPANET / NLS / USENET                                                                                     WITKARS                           YELLOW BICYCLES




                                                                                                             SOCIAL                      PERSON-TO-PERSON                  PERSON-TO-PERSON                      CAR, RIDE &                               BIKE                             RENTAL                       REUSE                         SWAP TRADING                       PERSON-TO-PERSON                   PERSON-TO-PERSON                 PERSON-TO-PERSON                INTERNET USERS
                                            HALLMARKS IN CONSUMPTION BEHAVIOURS                           TECHNOLOGIES                   RESOURCE SHARING                   SOCIAL NETWORKS                     TAXI SHARING                              SHARING                           SYSTEMS                   MARKETPLACES                     MARKETPLACES                         SPACE SHARING                  NEIGHBORHOOD SHARING                   BANKING                       WORLDWIDE


                                                                                                                                           DIGITAL SHARING                                                                                    PRODUCT SERVICE SYSTEM                                                            REDISTRIBUTION MARKETS                                                                 COLLABORATIVE LIFESTYLES




                                                                                                                                                                                                                          THIS GRAPH REPRESENTS JUST A FEW EXAMPLES OF COLLABORATIVE CONSUMPTION




       10                                                                                                                                                                                                   SHARING IS CONTAGIOUS: INFOGRAPHIC CREATED BY RACHEL BOTSMAN, CO-AUTHOR OF WHAT’S MINE IS YOURS: THE RISE OF COLLABORATIVE CONSUMPTION
THE NEW DIMENSIONS OF SHARING
   Above all, sharing was perceived by participants as borrowing or lending an item for free, seconded by co-owning something with others: essentially,
   exchanges that involved no monetary gain, as well as synchronous access or collaborative efforts toward a shared goal. Sharing that was
   asynchronous or which might lead to monetary gain on one end (e.g. renting or buying/selling used items) weren’t as strongly associated with the
   concept of sharing—but nevertheless chosen as forms of sharing by more than half of respondents.


                   SYNCHRONOUS                           ASYNCHRONOUS                                    COLLABORATIVE
LIFE-CYCLE




                   A cyclical system of access           A redistribution system where items             Simultaneous collaboration to
                   where members rent or                 are passed off—gifted, traded,                  achieve a shared goal;
                   borrow goods, then return             bartered, or resold— from one owner             involves joining resources
                   them to the central pool for          to the next so that they can be reused.         like money, time or
                   other members to access.                                                              specialized knowledge.




                                                                                                   PARTICIPANTS’ IDEAS FOR NEW SHARING MODELS
                   CENTRALIZED                           PEER-TO-PEER
COMMUNITY DESIGN




                                                                                                   KNOWLEDGE (multilateral sharing)
                   Shareable assets are owned by a       Members pool their own assets to           “Community college 2.0: provide some sort of structure that lets people let other people know
                   single entity which provides access   share amongst other members. The           what they know and what they want to learn. If you can get enough people together, everyone is
                   to members; in a centralized model,   member collective is comprised of both     both student and teacher.”
                   all members are renters/ borrowers.   owners/lenders and renters/borrowers.      —Male study participant, 29, Salt Lake City, UT, USA

                                                                                                   SKILLS AND SERVICES (micro-funding)
                                                                                                    “... a sort of bounty hunting service for open source projects, where people in need would invest
                                                                                                    into certain features/fixes with (smaller amounts of) money. Bounties would therefore accumulate
                                                                                                    and developers would profit by providing solutions.”
                                                                                                    —Male study participant, 24, Ljubljana, Slovenia

                                                                                                   MATERIAL ITEMS (multilateral bartering)
                                                                                                    “... person A needs something that person B has, and person B needs something that person C
                   TRADITIONAL                           ALTERNATIVE                                has, and person C needs something that person A has—except that this service would be free,
                                                                                                    completely based on bartering.”
CURRENCY




                   Money                                 Knowledge                                  —Female study participant, 56, Ithaca, NY


                   $$$
                                                         Skills & Services                         COMPOSITE MODEL
                                                         Material items                             “I'll walk your dog while you're away; you water my plants; I'll give you baby toys I don't need
                                                                                                    anymore; you loan me your lawn mower. I think this kind of interaction is part of community ties
                                                         Time
                                                                                                    and support networks that used to develop naturally and spontaneously and need some
                                                         Reputation & Social Reach                  encouragement now.”
                                                                                                    —Female study participant, 38, Providence, RI, USA
   11
LATITUDE IS AN INTERNATIONAL RESEARCH CONSULTANCY EXPLORING HOW NEW
     INFORMATION AND COMMUNICATIONS TECHNOLOGIES CAN ENHANCE HUMAN
     EXPERIENCES. LATITUDE’S USERCENTERED RESEARCH APPROACH UNITES
     GENERATIVE, MEDIA-BASED METHODS WITH ROBUST QUANTITATIVE ANALYSIS TO
     IDENTIFY CONCRETE OPPORTUNITIES FOR WEB-BASED INNOVATION.



     TO BETTER UNDERSTAND HOW THIS STUDY APPLIES TO YOUR BUSINESS, CONTACT:

     NEELA SAKARIA SVP
     NSAKARIA@LATD.COM    LATD.COM
                                                                                              SHAREABLE IS A NON-PROFIT ONLINE MAGAZINE WHICH EXPLORES
     STUDY LEAD                                                                               HOW TO DESIGN LIFE, WORK, AND COMMUNITY SO THAT PEOPLE
     KIM GASKINS DIRECTOR OF CONTENT DEVELOPMENT                                              CAN BETTER SHARE RESOURCES. SHAREABLE TELLS THE STORY OF
     KGASKINS@LATD.COM                                                                        SHARING BECAUSE IT MIGHT BE JUST WHAT'S NEEDED TO ENJOY
                                                                                              LIFE TO THE FULLEST—AND RESTORE THE PLANET IN THE
     SUPPORTING ANALYST                                                                       PROCESS. VISIT SHAREABLE.NET FOR SHARING NEWS, AND TO
     NATALIE STEHFEST SENIOR RESEARCH ANALYST                                                 LEARN ABOUT HOW YOU CAN LEAD A MORE SHAREABLE LIFE.




                                                                              THE NEW SHARING ECONOMY SUMMARY WAS DESIGNED IN COLLABORATION WITH DESIGNOMOTION

12

More Related Content

Viewers also liked

Information Communication Technology &E-commerce- Selling and Marketing of my...
Information Communication Technology &E-commerce- Selling and Marketing of my...Information Communication Technology &E-commerce- Selling and Marketing of my...
Information Communication Technology &E-commerce- Selling and Marketing of my...Shamika Roach
 
Ted deutch wikipedia(highlighted)
Ted deutch   wikipedia(highlighted)Ted deutch   wikipedia(highlighted)
Ted deutch wikipedia(highlighted)VogelDenise
 
Swift society worldwideinterbankfinancialtelecommunication
Swift society worldwideinterbankfinancialtelecommunicationSwift society worldwideinterbankfinancialtelecommunication
Swift society worldwideinterbankfinancialtelecommunicationVogelDenise
 
John yarmuth wikipedia(highlighted)
John yarmuth   wikipedia(highlighted)John yarmuth   wikipedia(highlighted)
John yarmuth wikipedia(highlighted)VogelDenise
 
121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)
121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)
121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)VogelDenise
 
020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)
020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)
020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)VogelDenise
 
Ada apa dengan maria
Ada apa dengan mariaAda apa dengan maria
Ada apa dengan mariaRicky Desersi
 
Jamie raskin wikipedia(highlighted)
Jamie raskin   wikipedia(highlighted)Jamie raskin   wikipedia(highlighted)
Jamie raskin wikipedia(highlighted)VogelDenise
 
Pantallas plasmas
Pantallas plasmasPantallas plasmas
Pantallas plasmaskerro26
 
092909 EMAIL TO OLYMPIC COMMITTEE (CROATIAN)
092909   EMAIL TO OLYMPIC COMMITTEE (CROATIAN)092909   EMAIL TO OLYMPIC COMMITTEE (CROATIAN)
092909 EMAIL TO OLYMPIC COMMITTEE (CROATIAN)VogelDenise
 
Brian schatz wikipedia(highlighted)
Brian schatz   wikipedia(highlighted)Brian schatz   wikipedia(highlighted)
Brian schatz wikipedia(highlighted)VogelDenise
 

Viewers also liked (14)

Tamil 040412
Tamil 040412Tamil 040412
Tamil 040412
 
Swedish
SwedishSwedish
Swedish
 
Information Communication Technology &E-commerce- Selling and Marketing of my...
Information Communication Technology &E-commerce- Selling and Marketing of my...Information Communication Technology &E-commerce- Selling and Marketing of my...
Information Communication Technology &E-commerce- Selling and Marketing of my...
 
Ted deutch wikipedia(highlighted)
Ted deutch   wikipedia(highlighted)Ted deutch   wikipedia(highlighted)
Ted deutch wikipedia(highlighted)
 
Swift society worldwideinterbankfinancialtelecommunication
Swift society worldwideinterbankfinancialtelecommunicationSwift society worldwideinterbankfinancialtelecommunication
Swift society worldwideinterbankfinancialtelecommunication
 
John yarmuth wikipedia(highlighted)
John yarmuth   wikipedia(highlighted)John yarmuth   wikipedia(highlighted)
John yarmuth wikipedia(highlighted)
 
Doc1
Doc1Doc1
Doc1
 
121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)
121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)
121815 - OBJECTION TO 120815 ORDER ON OBJECTION (Townsend Matter)
 
020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)
020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)
020915 PUBLIC RELEASE EEOC CHARGE AGAINST 1ST HERITAGE CREDIT (Korean)
 
Ada apa dengan maria
Ada apa dengan mariaAda apa dengan maria
Ada apa dengan maria
 
Jamie raskin wikipedia(highlighted)
Jamie raskin   wikipedia(highlighted)Jamie raskin   wikipedia(highlighted)
Jamie raskin wikipedia(highlighted)
 
Pantallas plasmas
Pantallas plasmasPantallas plasmas
Pantallas plasmas
 
092909 EMAIL TO OLYMPIC COMMITTEE (CROATIAN)
092909   EMAIL TO OLYMPIC COMMITTEE (CROATIAN)092909   EMAIL TO OLYMPIC COMMITTEE (CROATIAN)
092909 EMAIL TO OLYMPIC COMMITTEE (CROATIAN)
 
Brian schatz wikipedia(highlighted)
Brian schatz   wikipedia(highlighted)Brian schatz   wikipedia(highlighted)
Brian schatz wikipedia(highlighted)
 

Recently uploaded

MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdfMr Bounab Samir
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptxmary850239
 
Mythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWMythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWQuiz Club NITW
 
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxMan or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxDhatriParmar
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptxmary850239
 
Mental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsMental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsPooky Knightsmith
 
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptx
Unraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptxUnraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptx
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptxDhatriParmar
 
How to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 DatabaseHow to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 DatabaseCeline George
 
Using Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea DevelopmentUsing Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea Developmentchesterberbo7
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research DiscourseAnita GoswamiGiri
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...DhatriParmar
 
Expanded definition: technical and operational
Expanded definition: technical and operationalExpanded definition: technical and operational
Expanded definition: technical and operationalssuser3e220a
 
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...Nguyen Thanh Tu Collection
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17Celine George
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfJemuel Francisco
 
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Association for Project Management
 
Grade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptxGrade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptxkarenfajardo43
 
4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptxmary850239
 

Recently uploaded (20)

MS4 level being good citizen -imperative- (1) (1).pdf
MS4 level   being good citizen -imperative- (1) (1).pdfMS4 level   being good citizen -imperative- (1) (1).pdf
MS4 level being good citizen -imperative- (1) (1).pdf
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx
 
Mythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITWMythology Quiz-4th April 2024, Quiz Club NITW
Mythology Quiz-4th April 2024, Quiz Club NITW
 
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptxMan or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
Man or Manufactured_ Redefining Humanity Through Biopunk Narratives.pptx
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx
 
Paradigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTAParadigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTA
 
Mental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young mindsMental Health Awareness - a toolkit for supporting young minds
Mental Health Awareness - a toolkit for supporting young minds
 
prashanth updated resume 2024 for Teaching Profession
prashanth updated resume 2024 for Teaching Professionprashanth updated resume 2024 for Teaching Profession
prashanth updated resume 2024 for Teaching Profession
 
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptx
Unraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptxUnraveling Hypertext_ Analyzing  Postmodern Elements in  Literature.pptx
Unraveling Hypertext_ Analyzing Postmodern Elements in Literature.pptx
 
How to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 DatabaseHow to Make a Duplicate of Your Odoo 17 Database
How to Make a Duplicate of Your Odoo 17 Database
 
Using Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea DevelopmentUsing Grammatical Signals Suitable to Patterns of Idea Development
Using Grammatical Signals Suitable to Patterns of Idea Development
 
Scientific Writing :Research Discourse
Scientific  Writing :Research  DiscourseScientific  Writing :Research  Discourse
Scientific Writing :Research Discourse
 
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
Blowin' in the Wind of Caste_ Bob Dylan's Song as a Catalyst for Social Justi...
 
Expanded definition: technical and operational
Expanded definition: technical and operationalExpanded definition: technical and operational
Expanded definition: technical and operational
 
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
31 ĐỀ THI THỬ VÀO LỚP 10 - TIẾNG ANH - FORM MỚI 2025 - 40 CÂU HỎI - BÙI VĂN V...
 
How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17How to Fix XML SyntaxError in Odoo the 17
How to Fix XML SyntaxError in Odoo the 17
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
 
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
Team Lead Succeed – Helping you and your team achieve high-performance teamwo...
 
Grade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptxGrade Three -ELLNA-REVIEWER-ENGLISH.pptx
Grade Three -ELLNA-REVIEWER-ENGLISH.pptx
 
4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx4.11.24 Poverty and Inequality in America.pptx
4.11.24 Poverty and Inequality in America.pptx
 

Pesquisa sobre a Economia do Compartilhamento

  • 1. THE NEW SHARING ECONOMY A STUDY BY LATITUDE IN COLLABORATION WITH SHAREABLE MAGAZINE IT’S TRUE THAT SHARING IS A SIMPLE CONCEPT AND A FUNDAMENTAL PART OF EVERYDAY LIFE. THANKS IN LARGE PART TO THE WEB, IT’S NOW AN INDUSTRY WITH SEEMINGLY UNBOUNDED POTENTIAL. THE NEW SHARING ECONOMY IS ONE INSTALLMENT OF LATITUDE 42s an ongoing series of open innovation studies which Latitude, an international research consultancy, publishes in the spirit of knowledge-sharing and opportunity discovery.
  • 2. PHOTO BYD'ARCY NORMAN Technology is connecting individuals to information, other people, and physical things in ever-more efficient and intelligent ways. It’s changing how we consume, socialize, mobilize— ultimately, how we live and function together as a society. In a global economy where the means of production are becoming increasingly decentralized, where access is more practical than ownership, what do the successful businesses of the future need to know? — What’s changed about our psychology of sharing? — Is money the only, or even the most valuable, currency anymore? — How can Web, mobile and real-time technologies continue to fuel sharing? — What are the opportunity spaces for business owners & future sharing entrepreneurs? 01 THE NEW SHARING ECONOMY I LATITUDE 42
  • 3. THE NEW DRIVERS OF SHARING ENVIRONMENTAL CONCERNS — More than 3 in 5 participants made the connection between 75% of respondents predicted their sharing of physical objects and spaces sharing and sustainability, citing will increase in the next 5 years. “better for the environment” as one benefit of sharing.* TECHNOLOGY — Online sharing is a good predictor of offline sharing. Every study participant who shared information or media online also shared various things offline — making this group GLOBAL RECESSION — Over the past few years, the significantly more likely to share in the physical world than people who don’t share digitally. tenuous state of the economy has — 85% of all participants believe that Web and mobile technologies will play a critical role heightened awareness around in building large-scale sharing communities for the future. purchasing decisions, stressing Y practicality over consumerism. Participants with lower incomes PHOTO BY KEVIN DOOLEY were more likely to engage in COMMUNITY sharing behavior currently and to feel positively towards the idea of sharing than did participants with higher incomes. They also tended to feel more — 78% of participants felt comfortable sharing amongst anyone who joins a sharing community. ¢ L their online interactions with people have made them — Regardless of income, more than 2/3 of all participants expressed that more open to the idea of they’d be more interested to share their personal possessions if they could sharing with strangers, make money from it. suggesting that the social — The two most popularly perceived benefits of sharing (67% each*) were media revolution has “saving money” and being “good for society,” echoing the “we + me” mentality broken down trust barriers. now popular amongst Millennials; saving money needn’t come at the expense $$$ of helping the environment or society. PHOTO BY EIRIK SOLHEIM Symbols convey that the following subgroups were significantly linked to the corresponding data point: — Moreover, most participants (78%) had also used a local, peer-to-peer Web platform like Craigslist or Freecycle- where online connectivity facilitates offline sharing and social activities. Y Gen Y (ages 20-29) $$$ High Income ($100k+) Tech-oriented Has Children L Politically Liberal ¢ Low Income (<50k) Smartphone Owner This study’s data supports the four primary drivers of sharing as originally outlined by Rachel Botsman, co-author of What’s Mine is Yours: The Rise of Collaborative Consumption *Response options were not mutually exclusive. 02 THE NEW SHARING ECONOMY I LATITUDE 42
  • 4. PHOTO BY CIAT - INTERNATIONAL CENTER FOR TROPICAL AGRICULTURE THE NEW TIMELESS “IN BOTH DEVELOPED AND DEVELOPING CULTURE OF SHARING PARTS OF THE WORLD, PEOPLE ARE EXPLORING HOW TO USE GOODS AND SERVICES MORE COLLABORATIVELY, COMBINING PERSONAL AND SOCIETAL Sharing is a basic part of human life, so perhaps it shouldn’t come VALUE, UNLOCKING OPPORTUNITIES FOR as a surprise that older generations were just as likely to share as Millennials. In fact, participants aged 40+ were more likely to feel ORGANIZATIONS OF ALL KINDS AND, comfortable sharing with anyone at all who joins a sharing ULTIMATELY, CREATING NEW WAYS FOR US community (with varying levels of community protections in place) TO ENJOY LIFE AND LIVE SUSTAINABLY AT and to perceive “making new friends” as a benefit of sharing, THE SAME TIME." whereas Millennials tended to feel comfortable sharing only within —STEVE MUSHKIN, CEO OF LATITUDE smaller networks.* Attitudinally, however, Millennials were more likely to feel positively about the idea of sharing, more open to trying it, and more optimistic about its promise for the future. PHOTO BY GRINAPPLE *It’s worth acknowledging that Millennials may simply consider a wider network of people to be “friends” or to have more granular understandings of digital privacy controls, thanks to the rise of social networking — so the relative sizes of these two generations’ trusted networks may not differ greatly, even if their labels do. “A LOT OF THESE ARE VERY OLD-MARKET BEHAVIORS, BUT THEY’RE BEING REINVENTED ON A SCALE AND IN WAYS THAT WE’VE NEVER SEEN BEFORE BECAUSE OF TECHNOLOGY. FOR SURE, MILLENNIALS ARE THE FOOTSOLDIERS DRIVING THIS CHANGE BECAUSE IT’S VERY INTUITIVE TO THEM; THEY’VE NEVER KNOWN ANY DIFFERENTLY. BUT I THINK THAT IT ALSO SEEMS NATURAL TO THE OLDER GENERATIONS—THE WAR-TIME GENERATIONS— BECAUSE THEY HAD A VERY STRONG SENSE OF COMMUNITY.” —RACHEL BOTSMAN, CO-AUTHOR OF WHAT’S MINE IS YOURS: THE RISE OF COLLABORATIVE CONSUMPTION 03 THE NEW SHARING ECONOMY I LATITUDE 42
  • 5. PHOTO BY ROBERT S. DONOVAN THE NEW STUFF OF SHARING THE DRIVE OF DIGITAL — Not surprisingly, 3 out of 4 participants currently share personal or informational content through social networking platforms. Moreover, 70% share digital media, and 68% share physical media like books and DVDs. — Of those who share information and media online, approximately 2 in 3 participants use other people’s creations licensed under Creative Commons. THE STATE OF PHYSICAL SHARING After information and media, the most shared categories are, respectively: Living space (58%) Work space (57%) Food preparation/meal-sharing (57%) Household items/appliances (53%) Apparel (50%) Car-sharers shared across significantly more categories than non-car-sharers (an average of 11 vs. 8 categories, respectively). WHAT KIND OF STUFF IS SCREAMING TO BE SHARED? People are most interested in sharing infrequent-use items that have a high “OPPORTUNITIES THOUGHT IMPRACTICAL BECAUSE OF PERCEIVED TRUST BARRIERS barrier to ownership or a high burden of ownership. This is the primary reason ARE NOW FAIR GAME. THE EXAMPLES OF LENDING CLUB, COUCHSURFING, AND that car-sharing has met with such success over recent years. The other part is a larger paradigm shift where people are just beginning to think about “stuff” THREDUP SHOW THAT PEOPLE ARE ENGAGING IN INTIMATE TRANSACTIONS WITH differently. They’re focusing on the benefits of access over ownership—of STRANGERS DRIVEN BY TECHNOLOGY, NEW NORMS, AND NEED. THIS IS THE TRUST practicality over materialism, experiences over possessions. FRONTIER. WE ARE YET TO DISCOVER HOW FAR WE CAN PUSH THIS FRONTIER. Transportation: automobiles, bikes, boats THIS IS THE DECADE WHEN WE ANSWER THE QUESTION: "HOW MUCH CAN WE SHARE?" Infrequent-Use Items: household items, event equipment, sporting goods —NEAL GORENFLO, PUBLISHER OF SHAREABLE MAGAZINE Physical Spaces: garages, parking spaces, spare rooms 04 THE NEW SHARING ECONOMY I LATITUDE 42
  • 6. THE NEW OPPORTUNITIES The greatest areas of opportunity for new sharing businesses are those where a lot of services do not currently exist within a specific industry category and where a large number of people are currently either a) sharing casually (not through an organized FOR SHARING Created by Latitude for The New Sharing Economy study community or service) or b) not sharing at all but would be interested to share. They include transportation, infrequent-use items, and physical spaces. 70% BEST NEW OPPORTUNITIES % currently sharing casually and those not sharing now but interested to OPPORTUNITIES STILL REMAIN 65% PHYSICAL MEDIA HOUSEHOLD ITEMS / APPLIANCES TIME / RESPONSIBILITIES 60% DIGITAL MEDIA LATENT DEMAND MONEY (LENDING BORROWING) 55% AUTOMOBILE LIVING SPACE FOOD PREPARATION OR MEAL OUTDOOR 50% SPORTING GOODS FOOD CO-OP / COMMUNITY GARDENING TRAVEL ACCOMMODATION APPAREL 45% BIKE STORAGE SPACE WORK SPACE 40% LOW INTEREST AND DONE WELL LOW PRIOR SUCCESS ALREADY 35% 10% 20% 30% 40% 50% 60% 70% MARKET SATURATION 05 % currently sharing through a service or organized community THE NEW SHARING ECONOMY I LATITUDE 42
  • 7. THE NEW OPPORTUNITIES FOR SHARING Three out of every four respondents predicted that their own sharing of physical objects and spaces will increase in the next 5 years. TRANSPORTATION INFREQUENT-USE ITEMS PHYSICAL SPACES OPPORTUNITY OPPORTUNITY OPPORTUNITY There’s still a large amount of unfulfilled demand for Many people already share occasional-use household items People are surprisingly unreserved about sharing the spaces car-sharing. More than half of all participants either (such as power tools, kitchen appliances, party supplies, and they (or their things) inhabit. Both travel accommodations and shared vehicles casually or weren’t sharing currently sporting goods) with friends, but few services exist yet to storage space ranked among the top 5 categories overall that but expressed interest in doing so. For people who organize these sharing efforts; 62% of participants either people who currently share in an organized fashion would share in an organized fashion, cars and bikes were share these items casually now or don’t yet share but share with strangers (given the option to screen other popular for sharing amongst family and close friends expressed interest in doing so, while only 27% currently members). Physical space is a valuable commodity, which is but weren’t commonly shared outside this immediate share through a community or service. why more co-working and peer-to-peer lodging services are network, relative to other categories of goods. popping up and doing well. Moreover, new models of sharing like fractional ownership are refreshing how we think about accessing a variety of different spaces. CHALLENGE CHALLENGE CHALLENGE There’s a significant opportunity for broad-scale Physical sharing requires a high concentration of local Sharing space simply needs to make practical sense in people’s transportation sharing if issues relating to member members to offer real value as a service; this can be lives in order for them to adopt it; the act must be attached to trust, insurance and availability of services (e.g. especially challenging outside dense, urban areas. However, concrete benefits like saving or making money, more convenient beyond urban areas) can be overcome. there’s a significant opportunity to share household items in access, or access to otherwise unavailable offerings. suburban areas if services can generate enough visibility and interest at the hyperlocal level. More than any other categories of goods, sporting/outdoor equipment and household items represent areas where people simply aren’t aware that some services already exist to help them share. PHOTO BY HYKU / JOSH HALLETT “THE MOST IMPORTANT MOTIVATING FACTOR IN MY DECISION TO CAR-SHARE WAS THE ABSURDITY OF OWNING SOMETHING LARGE AND RELATIVELY EXPENSIVE THAT JUST SITS AROUND. I BENEFITTED BY GETTING GREAT EXERCISE, REDUCING MY CARBON EMISSIONS, AND MAKING SOMETHING AVAILABLE TO SOMEONE WHO REALLY PHOTO BY PIXIETART / JENENE CHESBROUGH PHOTO BY ROB LEE NEEDED IT WHEN I DID NOT.” —FEMALE STUDY PARTICIPANT, 56, ITHACA, NY, USA 06 THE NEW SHARING ECONOMY I LATITUDE 42
  • 8. THE NEW PHOTO BY ELLEN F. LAIGE “YOU JUST THINK OF THE NUMBER OF CARS ON THE ROAD—THE RESOURCE THAT WE HAVE IN OUR OWN COMMUNITIES IS SO MASSIVE... SHARING WHAT THE PEER-TO-PEER MODEL DOES IS IT REALLY ALLOWS US TO LEVERAGE THAT INSTEAD OF STARTING FROM SCRATCH AND BUILDING OUR OWN FLEET.” —SHELBY CLARK, FOUNDER & CEO OF RELAYRIDES, THE FIRST PEER-TO-PEER CAR-SHARING MARKETPLACE ECONOMY THE NEW PEER-TO-PEER LATITUDE A STUDY BY IN COLLABORATION WITH SHAREABLE MAGAZINE IT’S TRUE THAT SHARING IS A SIMPLE CONCEPT AND A FUNDAMENTAL PART OF EVERYDAY LIFE. THANKS IN LARGE PART TO THE WEB, IT’S NOW AN INDUSTRY WITH SEEMINGLY BENEFITS OF SHARING UNBOUNDED POTENTIAL. COMMUNITY MATTERS, COMPANY SIZE DOESN’T Peer-to-peer sharing allows for potentially unbounded scalability, access to more resources and often at closer Most participants liked the idea of sharing services that felt smaller and more proximity to us. Because peer-to-peer companies aren’t accessible, like local or grassroots companies (45%) or venture-funded startups (20%). subject to the overhead cost of purchasing and maintaining a These companies typically foster strong senses of community by virtue of their small “fleet” of assets all their own, the cost to renters is often lower; size, clear communications, and enthusiastic core communities—traits which needn’t moreover, members have the opportunity to monetize their be exclusive to small business. In fact, 22% of participants liked the idea of a sharing own possessions. These peer-based “marketplaces” help the service associated with a major, well-known brand. Point being: regardless of a environment by using the resources we already available THE NEW SHARING ECONOMY focus on earning the trust of its community and engaging company’s size, it should IS ONE INSTALLMENT OF LATITUDE 42s an ongoing series of open innovation studies which Latitude, an international research more efficiently rather than manufacturing more new goods. actively with them. consultancy, publishes in the spirit of knowledge-sharing and opportunity discovery. SHARING ECONOMY LATITUDE 42 07 THE NEW I
  • 9. PEER-TO-PEER PRINCIPLES ALL BUSINESSES SHOULD KNOW THE NEW PEER-TO-PEER THE APPEAL OF PERSONAL MONETIZATION 69% of all participants expressed that they’d be more interested in sharing their stuff if they could OPPORTUNITIES FOR SHARING make money from it. Across all industry categories (excepting physical media, apparel, and money), more than half of participants wished to gain access to others’ assets—rather than being a lender or seller who provides access to others, so this money-making draw could be key to scaling up sharing communities. THE CULTURE OF INDIRECT RECIPROCITY The most popularly cited barrier to sharing was having concerns about theft or damage to personal property, but 88% of respondents claimed that they treat borrowed possessions well. Reputation is increasingly becoming an important form of currency; communities that offer PHOTO BYJOHN MEYERS transparency (such as through open ratings and reviews) encourage good behavior and trust amongst members. THE REALITY OF SCALABILITY In the peer-to-peer model, value to members increases as the community grows: more assets are made available, often at closer distances. Scaling up communities shouldn’t be a problem when 53% of all participants are already comfortable sharing amongst people they may or may not know personally (with varying community protections in place). “THE CONFLUENCE OF MEDIA AND TECHNOLOGY WAS FIRST GROUNDBREAKING IN ITS ABILITY TO CONNECT PEOPLE TO INFORMATION. THEN IT WAS REALLY ABOUT CONNECTING PEOPLE TO OTHER PEOPLE WITH THE ADVENT OF WEB 2.0. NOW THE NATURAL EXTENSION OF ALL THIS IS CONNECTING PEOPLE TO STUFF—TO THE PHYSICAL THINGS OF EVERYDAY LIFE. WE’RE AT A POINT WHERE ONLINE, SHARED INTEREST COMMUNITIES AND ADVANCEMENTS IN MOBILE, REAL-TIME AND LOCATION-AWARE TECHNOLOGIES HAVE CREATED A ‘PERFECT STORM’ FOR SHARING IN THE PHYSICAL WORLD. THERE’S A HUGE OPPORTUNITY FOR BUSINESSES TO CREATE THE TECHNOLOGICAL AND COMMUNITY INFRASTRUCTURE THAT WILL HELP PEOPLE TO SHARE IN NEW WAYS, LOCALLY AND ACROSS MUCH BROADER DISTANCES, THAN WAS EVER POSSIBLE BEFORE.” —KIM GASKINS, DIRECTOR OF CONTENT DEVELOPMENT AT LATITUDE 08
  • 10. PHOTO BY JACOB BØTTER THE NEW SHARING TAKEAWAYS FOR NON-SHARING BUSINESSES BECOME A WE-BASED BRAND The growth of sharing suggests a new climate where, increasingly, people expect that businesses will enable them to improve their own lives and those of others—whether by making more sustainable choices, by providing access to help others meet their own needs, or by spreading the word about a good brand or worthy cause. This dual-benefit model is worthy of further attention by all businesses, insofar as it represents a growing reality for connected culture. Companies can offer value to their communities by acknowledging that money and products are no longer the only—or even the most valuable—element of a brand transaction for many individuals today. “THE RISE OF SHARING REQUIRES US TO USE A NEW LANGUAGE WHERE ‘ACCESS’ TRUMPS ‘OWNERSHIP’; SOCIAL VALUE BECOMES THE NEW CURRENCY; ‘EXCHANGES’ REPLACE ‘PURCHASES’; AND PEOPLE ARE NO LONGER CONSUMERS BUT INSTEAD USERS, FIND VALUE IN SOCIAL AND ALTERNATIVE CURRENCIES Sharing culture makes it possible for virtually anything, including BORROWERS, LENDERS AND CONTRIBUTORS. ALL OF THIS MEANS BUSINESSES MUST specialized skills or knowledge, used goods, and social reach, to REDEFINE THEIR ROLE FROM PROVIDERS OF STUFF TO BECOME PURVEYORS OF become currency. When asked to come up with their own sharing SERVICES AND EXPERIENCES.” —NEELA SAKARIA, SVP OF LATITUDE business concepts, many participants envisioned services founded on bartering (non-monetary exchanges) with others in a community. What’s more, there’s a sizable new market for trading time and responsibilities. At present, 61% of participants either share time or THE NEW SHARING ECONOMY METHODOLOGY responsibilities casually or would be interested in doing so, while only Participants from across the globe (n=537) took a Web-based survey which captured 16% already share through an organized community or service. sharing attitudes and current engagement with sharing in a variety of contexts, with a focus on establishing benchmarks for the new sharing economy. The study also sought Forward-thinking companies like Netflix and Threadless have already to understand trust, the role of community, and the new psychology of sharing. demonstrated that users can provide value to traditional businesses Participants were asked to ideate future sharing opportunities—new models and service without buying something: through word-of-mouth, content creation, offerings—across industries for both businesses and society at large. community innovation, and beyond. 09 THE NEW SHARING ECONOMY I LATITUDE 42
  • 11. SHARING IS CONTAGIOUS THIS INFOGRAPHIC CHARTS THE RISE OF COLLABORATIVE CONSUMPTION: THE RAPID EXPLOSION IN TRADITIONAL SHARING, BARTERING, LENDING, TRADING, RENTING, GIFTING, AND SWAPPING REDEFINED THROUGH TECHNOLOGY AND PEER COMMUNITIES. WWW.COLLABORATIVECONSUMPTION.COM 1960-2010 PEER-TO-PEER PRODUCT SHARING STARTS TO RELAYRIDES / WHIPCAR / MU THING LOOP / SNAPGOODS 1.96 BN DRIVE MY CAR RENTALS / WHEELS B-CYCLE / MELBOURNE BIKE SHARE THREDUP/ 99 DRESSES / OPENSPOT / PRIMOSPOT YES-SECURE / IGRIN BECOME MAINSTREAM AND HYPER-LOCAL 2010 STICKY BITS / ITIZEN BLOCKCHALK ZIBIGO / RIDEPENGUIN / CAB CORNER NICE RIDE / BIXI (LONDON) / ECOBICI SHARE ZEN / CROWDRENT COZYBUG SWAPBOOKS SHARED EARTH / URBAN GARDEN SHARE NEIGHBORGOODS / TRADESCHOOL PAYPAL 2.0 / PEEPEX/ OURGOODS ELINOR OSTROM WINS NOBEL PRIZE FOR ECONOMICS HOURCAR / WHIZZ CAR HIRE THINGS / SMARTYRENTS / SWAPITBABY / SWAPSTER / SWAPCOVE / CARSHARE HFX / CONNECT FIRST TO WIN WITH A THEORY IN THE EFFICIENCY OF COMMONS-BASED SOCIETIES 2009 FOURSQUARE U-CARSHARE / WECAR / CAR2GO BIXI / DUBLIN BIKES / VILLO WEAR TODAY, GONE TOMORROW REUSEITNETWORK TOYSWAP / THREDSWAP CRASHPADDER / ISTOPOVEROFFICE SHARE SOME SUGAR VENMO / TINY / QUIDS / KROONOS 1.8 BN ACCESS IS THE NEW OWNERSHIP GREAT FINANCIAL CRASH SHOCKS CONSUMER BEHAVIORS RENTALIC / BABYPLAYS / AIRBNB / LAUNCHPAD / SPAREGROUND / PRESIDENT OBAMA (MYBO.COM) PROVES THE POWER OF MASS COLLABORATION 2008 CONNECT / CITYWHEELS / MINT HZ BIKE / VEL'OH / BIKE ONE LUCKYDUCK / DRESSEDUP KASHLESS DIGNSWAP / SWAPACE LANDSHARE / ROOMORAMA WECOMMUNE / ECOMODO / SHAREHOOD BANK OF HAPPINESS 1.5 BN SMART PHONES & APPS COME OF AGE RENTOID / RENTCHARLIE / WE ENTER THE PERIOD OF SHARING ANYTIME, ANYWHERE 2007 TUMBLR GOWALLA / EVERYBLOCK GOLOCO / CITYHOP / ORIX AUTO VÉLIB' / BICING / SEVICI SOLARCITY / ZILOK SCOODI STOREATMYHOUSE VEN / DIVVY 1.3 BN PEER-TO-PEER COLLABORATIVE SITES GLOBALLY MUSHROOM YOUTUBE / SLIDESHARE SWAPTREE / PAPERBACKSWAP / BOOKMOOCH / SWAPBABYGOODS / CITIZEN SPACE / TECHSHOP / LINKEDIN / TWITTER / LOOPT GREENWHEELS / GOGET BAG BORROW OR STEAL / SOCIAL MEDIA TOOLS START TO BECOME A PART OF 'REAL' LIFE 2004-2006 DIG / FLICKR / VIMEO / YELP FACEBOOK (COPRORATE NETWORKS) STREETCAR / FLEXICAR / ZIMRIDE VELO'V FROMBAGSTORICHES USEDCARDBOARDBOXES / GIGOIT CLOTHING EXCHANGE PARKATMYHOUSE / CO-WORKING NEIGHBORROW LENDING CLUB / PROSPER / ZOPA 1.1 BN FOTOLOG / WORDPRESS FRIENDSTER / MYSPACE / COUCHSURFING / THE HUB THE LINE BETWEEN WHAT IS PUBLIC & PRIVATE, REAL WORLD & VIRTUAL BEGINS TO BLUR 2002-2003 SKYPE D.E.L.I.C.I.O.U.S SECOND LIFE NURIDE / I-GO CAR SHARING CALL A BIKE (BERLIN) FREECYCLE ZUNAFISH / SWAPAGIFT HUB CULTURE 682 MM WIKIPEDIA / CREATIVE COMMONS MIGENTE / DODGEBALL BELIEF IN THE COMMONS MAKES A COMEBACK 2000-2001 STUMBLE UPON / BIT TORRENT MEETUP / RYZE ZIPCAR / VRTUCAR / FLEXCAR CALL A BIKE / CITY RADER GUMTREE 513 MM CARE2 TECHNOLOGY ENABLES PEER-TO-PEER SHARING & CULTURE OF DEMATERIALIZATION 1998-1999 NAPSTER LIVEJOURNAL / CYWORLD CAR SHARING PORTLAND / AUTOSHARE PAYPAL 248 MM EARLY FORMS OF COLLABORATIVE CONSUMPTION START APPEARING STAJL PLEJS DISRUPTING MODELS OF OWNERSHIP AND REINVENTING TRADITIONAL RENTING EXPERIENCES 1996-1997 GOOGLE / MAPQUEST SIX DEGREES / ASIAN AVENUE MOBILITY BIKEABOUT 70 MM WEB BECOMES SEARCHABLE & SOCIABLE INTERNET / WELL / GNU / EUROPEAN CAR SHARING / TIME BANKING / TRUST BETWEEN STRANGERS BUILDS VIRTUALLY 1981-1995 WORLD WIDE WEB / ARCHIE / ERWISE / GLOBAL EMAIL / WIKIWIKIWEB LINUX MATCH / CLASSMATES STATTAUTO / COMMUNAUTO BYCYKLEN EBAY / CRAIGSLIST BARTERCARD / FUREAI KIPPU 16 MM WHITE BICYCLES / WEB STARTS TO BECOME ORGANIZED (WE CAN CONNECT WITH EACH OTHER) 1960-1980 ARPANET / NLS / USENET WITKARS YELLOW BICYCLES SOCIAL PERSON-TO-PERSON PERSON-TO-PERSON CAR, RIDE & BIKE RENTAL REUSE SWAP TRADING PERSON-TO-PERSON PERSON-TO-PERSON PERSON-TO-PERSON INTERNET USERS HALLMARKS IN CONSUMPTION BEHAVIOURS TECHNOLOGIES RESOURCE SHARING SOCIAL NETWORKS TAXI SHARING SHARING SYSTEMS MARKETPLACES MARKETPLACES SPACE SHARING NEIGHBORHOOD SHARING BANKING WORLDWIDE DIGITAL SHARING PRODUCT SERVICE SYSTEM REDISTRIBUTION MARKETS COLLABORATIVE LIFESTYLES THIS GRAPH REPRESENTS JUST A FEW EXAMPLES OF COLLABORATIVE CONSUMPTION 10 SHARING IS CONTAGIOUS: INFOGRAPHIC CREATED BY RACHEL BOTSMAN, CO-AUTHOR OF WHAT’S MINE IS YOURS: THE RISE OF COLLABORATIVE CONSUMPTION
  • 12. THE NEW DIMENSIONS OF SHARING Above all, sharing was perceived by participants as borrowing or lending an item for free, seconded by co-owning something with others: essentially, exchanges that involved no monetary gain, as well as synchronous access or collaborative efforts toward a shared goal. Sharing that was asynchronous or which might lead to monetary gain on one end (e.g. renting or buying/selling used items) weren’t as strongly associated with the concept of sharing—but nevertheless chosen as forms of sharing by more than half of respondents. SYNCHRONOUS ASYNCHRONOUS COLLABORATIVE LIFE-CYCLE A cyclical system of access A redistribution system where items Simultaneous collaboration to where members rent or are passed off—gifted, traded, achieve a shared goal; borrow goods, then return bartered, or resold— from one owner involves joining resources them to the central pool for to the next so that they can be reused. like money, time or other members to access. specialized knowledge. PARTICIPANTS’ IDEAS FOR NEW SHARING MODELS CENTRALIZED PEER-TO-PEER COMMUNITY DESIGN KNOWLEDGE (multilateral sharing) Shareable assets are owned by a Members pool their own assets to “Community college 2.0: provide some sort of structure that lets people let other people know single entity which provides access share amongst other members. The what they know and what they want to learn. If you can get enough people together, everyone is to members; in a centralized model, member collective is comprised of both both student and teacher.” all members are renters/ borrowers. owners/lenders and renters/borrowers. —Male study participant, 29, Salt Lake City, UT, USA SKILLS AND SERVICES (micro-funding) “... a sort of bounty hunting service for open source projects, where people in need would invest into certain features/fixes with (smaller amounts of) money. Bounties would therefore accumulate and developers would profit by providing solutions.” —Male study participant, 24, Ljubljana, Slovenia MATERIAL ITEMS (multilateral bartering) “... person A needs something that person B has, and person B needs something that person C TRADITIONAL ALTERNATIVE has, and person C needs something that person A has—except that this service would be free, completely based on bartering.” CURRENCY Money Knowledge —Female study participant, 56, Ithaca, NY $$$ Skills & Services COMPOSITE MODEL Material items “I'll walk your dog while you're away; you water my plants; I'll give you baby toys I don't need anymore; you loan me your lawn mower. I think this kind of interaction is part of community ties Time and support networks that used to develop naturally and spontaneously and need some Reputation & Social Reach encouragement now.” —Female study participant, 38, Providence, RI, USA 11
  • 13. LATITUDE IS AN INTERNATIONAL RESEARCH CONSULTANCY EXPLORING HOW NEW INFORMATION AND COMMUNICATIONS TECHNOLOGIES CAN ENHANCE HUMAN EXPERIENCES. LATITUDE’S USERCENTERED RESEARCH APPROACH UNITES GENERATIVE, MEDIA-BASED METHODS WITH ROBUST QUANTITATIVE ANALYSIS TO IDENTIFY CONCRETE OPPORTUNITIES FOR WEB-BASED INNOVATION. TO BETTER UNDERSTAND HOW THIS STUDY APPLIES TO YOUR BUSINESS, CONTACT: NEELA SAKARIA SVP NSAKARIA@LATD.COM LATD.COM SHAREABLE IS A NON-PROFIT ONLINE MAGAZINE WHICH EXPLORES STUDY LEAD HOW TO DESIGN LIFE, WORK, AND COMMUNITY SO THAT PEOPLE KIM GASKINS DIRECTOR OF CONTENT DEVELOPMENT CAN BETTER SHARE RESOURCES. SHAREABLE TELLS THE STORY OF KGASKINS@LATD.COM SHARING BECAUSE IT MIGHT BE JUST WHAT'S NEEDED TO ENJOY LIFE TO THE FULLEST—AND RESTORE THE PLANET IN THE SUPPORTING ANALYST PROCESS. VISIT SHAREABLE.NET FOR SHARING NEWS, AND TO NATALIE STEHFEST SENIOR RESEARCH ANALYST LEARN ABOUT HOW YOU CAN LEAD A MORE SHAREABLE LIFE. THE NEW SHARING ECONOMY SUMMARY WAS DESIGNED IN COLLABORATION WITH DESIGNOMOTION 12