Page 21 - Economy_Sustainable Global Economy

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• Redistribution markets. A system of collaborative consumption is based on used or pre-owned goods
being passed on from someone who does not want them to someone who does want them. This is a kind
o alternative to “reduce, reuse, recycle” methods of dealing with waste. Examples, eBay, Freecycle
Network.

• Collaborative lifestyles. Collaborative lifestyles refer to community-based platforms, allowing consumers
to engage in monetized exchanges through Social peer-to-peer processes for services or access to
resources such as money or skills These systems are based on people with similar needs or interests
banding together to mutualize and exchange less-tangible assets such as time, space, skills, and money.
The growth of mobile technology provides a platform to enable location-based GPS technology and to also
provide real-time sharing.

3.4 Examples of sharing economy and sharing consumption

Case 1. Airbnb

Airbnb is more than an online platform used to find accommodation. It represents a growing community
that is shifting the way people feel about sharing, about travelling and about home. Brian Chesky, CEO and
co-founder of Airbnb used a communication at Airbnb’s blog to state that Airbnb is “creating a door to an
open world—where everyone’s at home and can belong, anywhere.”. More than a travel experience for its
guests, Airbnb also plays an important role for its hosts, allowing them to attain a new source of income by
opening their homes and sharing their expertise.