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Rachel Botsman: Purpose with Profits

by on Mar 20, 2012

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Presentation from Rachel Botsman from March 2012 event at Nesta, Collaborative Consumption: New business models. ...

Presentation from Rachel Botsman from March 2012 event at Nesta, Collaborative Consumption: New business models.

This one-day summit investigated the range of business models being used by Collaborative Consumption businesses around the world.

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http://kinkyandco.com/

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  • artur_design2dev Artur Maklyarevsky, Founder at JuicyCanvas Dont forget Co-Creation.
    Check out what we're doing with that here: http://JuicyCanvas.com
    1 year ago
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  • TerreTulsiak Terre Tulsiak well....I agree in theory that collaborative consumption is onerous, but maybe it's more memorable because 1) it's an alliteration, 2) it's ironic sort of because it really isn't consuming per se 3)it's more specific while being not exactly correct, but not as vague as peer to peer or person to person.....IMHO 1 year ago
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  • kdbaloch Katherine Dale We've come along way from the Local Economic Trading Systems (LETS) we used in the 80s. All of this is part of the globalization of the marketplace - exchanging goods for a specified value. 1 year ago
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  • stephendale Collabor8now Ltd at Collabor8now Ltd Have read the book! 2 years ago
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  • chrisco Some One I agree that the swapping/sharing/whatever space is interesting and valuable, but the name 'Collaborative Consumption' is pretty horrendous, IMHO. It would be nice if we could come up with something better. Ideas? A contest to pick a better name? Anyway, this is why I don't like 'Collaborative Consumption':

    1) The essence of the trend is about (A) using existing resources more efficiently, (B) getting more done with less (or the same), (C) and doing it in a manner that is win-win-win for the people doing the sharing and for at least one other person or group of people, up to and including everybody in the case of sharing that results less pollution or traffic, etc. So it's about sharing, not consuming. One person has something sharable and offers it in a marketplace. Another person wants to borrow or use that something. The people come together share. If it's a marketplace like Airbnb, the marketplace earns a commission for bringing the to people together. Done.

    2) The words 'collaborative consumption':

    'Collaborative': A five-syllable word that doesn't exactly roll off the tongue. Definition: 'To work jointly with others or together especially in an intellectual endeavor' (http://www.merriam-webster.com/dictionary/collaborate).

    ''Consumption': A three-syllable word that doesn't have particularly nice, 'green' or personable connotations. Definition: 'The act or process of consuming resources' (http://www.merriam-webster.com/dictionary/consumption).

    Besides the meaning of the words, we are talking about eight syllables spread over over two words. Not nice. Plus, both words start with the same letter of the alphabet, which doesn't make for a particularly pleasant, at least when we are talking about 'k'-like sounds).

    Anyway, those are my complaints about the 'collaborative consumption' term. A couple of ideas I have heard for alternatives are 'Person-to-Person X' or 'Peer-to-Peer X', where 'X' is 'Marketplace' if we are talking in general and a specific sharable item if we are talking specifically about, 'Rides', for example. Anyway!

    Cheers!
    2 years ago
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  • nelsono27 Nelson Olavarrieta, Senior Managing Director at Olavarrieta Legal Great presentation on crowd funding business models. 2 years ago
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  • 52taotao 52taotao learning 2 years ago
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Rachel Botsman: Purpose with Profits Rachel Botsman: Purpose with Profits Presentation Transcript