updated 3mo ago
What's Mine Is Yours: The Rise of Collaborative Consumption
The consumer peer-to-peer rental market for everything from drills to cameras is estimated to be a $26 billion market sector.
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
What are the characteristics of an ideal Collaborative Consumption product? One for Life One obvious key factor is longevity. Across
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
“I’ll help you, if you help me.”11 Now the cooperative dynamic becomes “I’ll help you, someone else helps me.”
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
The result is an invaluable collective wisdom impossible to replicate elsewhere.
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
“Can you imagine when we reach a point where not owning a car becomes the ultimate luxury and its own kind of status symbol?”28 This transition has started.
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
Airbnb charges hosts a standard 3 percent service fee and travelers an additional 6 to 12 percent depending on the reservation price. Aside
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
Collaborative Consumption is enabling people to realize the enormous benefits of access to products and services over ownership, and at the same time save money, space, and time;
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
We are turning products into services, even if we’re not conscious of it.
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
the founders have removed rules they initially thought would be required. They took away the initial cap on charges of $300 because they realized that people were using the Airbnb community for far more than budget accommodation.
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman
Stephanie launched the online version of the venture, WeCommune.com, in early 2009. A simple yet innovative platform, it makes it easier for people to come together and share resources in ways that fit into modern lifestyles. “WeCommune helps build deeper, smarter forms of community,” Stephanie
from What's Mine Is Yours: The Rise of Collaborative Consumption by Rachel Botsman