If you like this presentation – show it...
Image from Bart REVENUE DISRUPTION FROM THE COLLABORATIVE ECONOMY BY JEREMIAH OWYANG
The media can’t stop talking about the Collaborative Economy
MAINSTREAM MEDIA ATTENTION 3
GOOGLE INSIGHTS 4 PEOPLE ARE SEARCHING FOR SHARING AND MAKING
The Collaborative Economy impacts many industries
Analysis of one single day indicates notable adoption
It’s accelerating: The people are doubling adoption
Why is adoption happening so quickly?
SOCIAL MEDIA SENTIMENT 12 THE PEOPLE ARE USING EASILY AVAILABLE SMART PHONES
Early signals show people prefer peer-to-peer commerce
SOCIAL MEDIA SENTIMENT 14 AIRBNB “LOVED” OVER TRADITIONAL HOTELS
SOCIAL MEDIA SENTIMENT 15 UBER AND LYFT “LOVED” OVER OTHER SERVICES
Is this a business disruption?
A properly shared car is $270,000 Lost Revenue Of auto sales1 shared car = 9 cars at average of $30k each But what about loans, taxes, gas, parking, dealer services, resale and more? Source: UC Berkeley Study on Car/Ride Sharing The Collaborative Economy 17
“…65 percent of their business migrate to ride services like Uber, Lyft and Sidecar…” Source: SF Chronicle
Source: SF Transportation Authority
Source: SF Examiner
DC Taxis down“We’re down 22 percent,” said Jeff Schaeffer, the president of District Cab Source: HotAir
Columbus Ohio“Taxi drivers say business is down 50 percent in some cases…” Source: The Dispatch
25 “All told, they found that for every 1 percent increase in the number of Airbnb bookings, there is a .05 percent decrease in hotel revenue” Study by Boston University Hotel Industry Loses Revenues As Airbnb Grows
26 Source: Airbnb 2013 annual report Airbnb Bookings on Rapid Incline
People turn to Peer to Peer loans–instead of going to traditional banks 27
Europe’s peer to peer ridesharing BlaBlaCar has more passengers than Eurostar Source: Mashable
Will the startups go away?
Since market inception, the startups have raised nearly $7 BILLION and so no sign of slowing. 30
What role do corporations play if people get what they need from each other?
The Collaborative Economy An economic model where creation, ownership, and access are shared between people and corporations.
What side of history will you be on?
Empowered People & Resilient Brands
CrowdCompanies.comEmpowered People & Resilient Brands Jeremiah OwyangFounder @jowyang Jeremiah@CrowdCompanies.com