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Would you subscribe to these shoes?
a service economy wherein consumers obtain services by leasing or renting goods rather than buying them outright.
Paul Hawken • Natural Capitalism
Then there are new shopping and buying models entirely, such as Stitch Fix’s human-and-algorithm-personalized recommendations, and Rent The Runway’s subscription rental concept, to compete with.
Dan Frommer • The end of Need Supply
The CEO did not acknowledge that the reason millennials might be interested in experiences—like the experience of renting things they could never own—was related to student loan debt, or the recession, or the plummeting market value of cultural products in an age of digital distribution. There were no crises in this vision of the future. There were
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