Online marketplaces offer a new take on how goods and services can be exchanged. Consumers no longer require an intermediary to connect to produc...
Online marketplaces offer a new take on how goods and services can be exchanged. Consumers no longer require an intermediary to connect to producers, as platforms do the matching. It’s always a good idea to have a big picture of solutions that are currently popular on the market. We’ve categorized these solutions to make it easier for you to see the big picture of peer to peer marketplaces.
According to the Gen Z: Emerging Talent report by SNC-Lavalin, 66% of people say they’re willing to use or rent products or services from service providers in a shared community. Actually, the concept of sharing things existed long before peer to peer marketplaces appeared. However, the possibilities to share physical goods were quite limited. It was rather difficult to match supply and demand. What’s more, there was a lack of trust, hindering interactions between consumers and service providers. Digitalization has managed to bridge these gaps, giving a start to the sharing economy, or collaborative economy. Now, producers and consumers rely on online platforms to interact with each other. These interactions are based on trust and convenience.
A few factors have led to the development of the sharing economy.
Let’s take a closer look at some startups that are rather disruptive and that represent the peer to peer e-commerce sector.
Read more - P2P marketplaces
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