Sharing Economy Goes Hyperlocal With a Growing Market for Household Items

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives.

 Description: When vandals broke into Stephanie Ciancio’s Land Cruiser in 2014 and stole her car stereo, she did not have the time and money to replace it.

Source: NYTimes.com

Date: Sep 03, 2015

Link: http://www.nytimes.com/2015/09/03/business/smallbusiness/sharing-economy-goes-hyperlocal-with-a-growing-market-for-household-items.html?ref=smallbusiness

Questions for discussion:

  • What are the reasons contributing to growth in the shared economy?
  • How important is the price charged for a product or service in this segment of the economy?
  • Of the businesses listed in this article, which do think has the greatest chance for growth?

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