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The Sharing Economy
Exciting New Ways
to Get on the Water
and Go Boating!
Presented by Lisa Ameida, The Boatanista
Freedom Boat Club - Jacksonville | Ponte Vedra | St Augustine
What Exactly is the Sharing Economy?
shar·ing e·con·o·my
NOUN
“Economic system wherein assets
or services are shared between
individuals for a fee, or for free.”
jaxfreedom.com
Sharing Economy Concept ...
Individual owns something of value
–Others would like to access it without cost and/or
maintenance required to purchase
–Individual would like to help reduce cost of his or her
ownership
–Owner and others create a sharing model
–SHARING ECONOMY offers a win-win for everyone
–Used for Business and Personal Assets
jaxfreedom.com
The Sharing Economy is Big Business.
• TIME Magazine 2016 Poll
• 44% of US Adults Have Participated
in Shared Economy Transactions
• This Equates to More than 90 Million People …
• 22% - or 45 Million - Have Offered Goods or
Services and Describe Their Experiences in
this New Economy as “Positive”
jaxfreedom.com
The Sharing Economy is Big Business.
•Americans Involved: 22% are Offerers -
42% are Users
•Most Offerers are Also Users
•About 1/3rd of Offerers Make 40% of
their Income Via this Economy
–Some Popular Categories: Ride Sharing,
Accommodations Sharing, Service
Platforms, Car Rentals, Foods and Goods
Delivery/Exchange Platforms
jaxfreedom.com
Some Well Known Examples
•Air Bnb, VRBO, HomeAway
•Uber, Lyft, Sidecar
•Dogvacay
•Instacart, Postmates
•Handy.com, Care.com
… and hundreds more!
jaxfreedom.com
Interesting Facts From TIME Magazine Poll
•51% of Offerers Claim to Be Better Off
Financially in the Past Year vs. 32% of
Rest of the Population
•64% Expect to Be $$ Better in the
Year Ahead
Bottom Line: The Sharing Economy Has Made a Major
Impact on the Way Americans View and Access Goods and
Services.
jaxfreedom.com
What About Boats … and the Boating Marketplace?
•In today’s rebounding marine
marketplace, we now have:
• Traditional Boat Owners, Buyers
• Charter Boat Companies, Rentals
• Boat Clubs
• Fractional Ownership
• Peer to Peer Boat Rentals
jaxfreedom.com
Thanks to The Sharing Economy, There Are
More Ways Than Ever Before to Go Boating!
jaxfreedom.com
AGENDA: Available Boating Platforms
• Brief Review of Various Options
• Broad Overview of Each
• Goal: Introduce Traditional and New Ways to Access and
Enjoy the Boating Lifestyle
• Disclaimer: Not an Expert in These Categories Except the
Boat Club Model
• Q & A Session at End
jaxfreedom.com
Traditional Boat Ownership
• John Q. Boat Owner is Here to Stay.
• No Doubt: Some People Should
Definitely Own Their Own Boat.
• These Boaters Want Access When
and Where They Desire.
• They Want Their Boat Rigged in a
Certain Manner, with Their Own
Bells and Whistles.
jaxfreedom.com
Traditional Boat Ownership
• Boat Owners Have Researched and
Understand the Costs Associated
with Ownership Including Service,
Storage, Maintenance, Insurance
and Other Related Expenses.
• Boat Owners Take Pride in Owning
and Maintaining their Own Vessel.
jaxfreedom.com
Traditional Boat Ownership
• Individuals May Look to Purchase New or
Used Boats
• Boat Buyers Often Visit Boat Shows - Best
One-Stop Shopping for Comparisons, Deals
• May Purchase from a Retail Boat Dealer for
New and Used Boats
• Individuals May Purchase from a Private
Seller or Boat Broker for Used Boats or
Yachts
jaxfreedom.com
Boat Rentals, Charters
• Occasional and Infrequent Boaters are
Ideal Customers for Boat Rental
Operators and Charters
• They Generally Pay a Flat Fee for a
Defined Period of Use, Plus Fuel
• They Choose from a Local Fleet of Boats
• They May Book Directly with a Captain
for a Charter
• Bareboat and Captained Options
jaxfreedom.com
Peer to Peer (P2P)
• Boat Owners List Their Boats through
a Third Party Commercial P2P
Website
• Owners Underwrite Their Costs by
Sharing Their Boats with Others
• Typically, There is No Charge for Boat
Owner to List; Third Party Charges a
Commission on Anything Booked
Through Their Site
jaxfreedom.com
Peer to Peer
• Emerging P2P Companies
Promote and Advertise Private
Boat Access
• P2P Companies Provide
Contract, Vet Both Offerers and
Users, Sometimes Advertise
Local Captain Availability,
Collect Funds and Provide
Insurance
jaxfreedom.com
Peer to Peer
• P2P Companies Provide Online
Verification Process for Renters
• Minimum Age Requirements
• Deposit Typically Required
• Bareboat and Captained Options
Available
• Offering Ranges from Personal
Watercraft to Small Power and Sail
Boats, to Cruisers and Luxury Yachts
jaxfreedom.com
Peer to Peer
• 1:1 Transaction and
Inspection/ Walk Through
Typically with Owner or
Designated Party
• Owner Has Full Discretion to
Rent or Not
• Varying Restrictions, i.e. Night
Operation etc.
jaxfreedom.com
Peer to Peer
• Some Additional Charges May
Apply, i.e. Gear, Equipment; ASK
• Confirm Safety Gear Included
• P2P Geographic Limitations
• To Search for Current
Companies Offering These
Shared Economy Services:
Peer to Peer Boating,
Boat Sharing, Boat Rentals
jaxfreedom.com
Fractional Ownership/Timeshare
• A Few Different Models … Found in
Jet/Aerospace and Other Industries Often
With More High End, Expensive Products. In
Essence ...
• In Boating/Yachting Segment, Company
Manages a Fleet of Boats or Yachts
• Company or Individual(s) Purchase(s) a
Specific Boat and Places in Fractional Fleet
jaxfreedom.com
Fractional Ownership/Timeshare
• Individual(s) Purchases a Specific Boat
and Places it in Fractional Fleet
• Company Manages Fractional Contracts,
Reservations, Service, Maintenance
• Company Provides Insurance, Training
• Total cost of Boat, Maintenance,
Management and Related Services is
Divided Among Members
jaxfreedom.com
Fractional Ownership
• Members Pay for Their Own Cost
for Fuel, Crew & Provisions
• Fractional - You Have an
Investment for a “Piece” of the
Vessel vs. Owning the Whole
Thing
• Fractional - Legal Ownership with
the Right to Transfer or Sell
jaxfreedom.com
Timeshare
• Members Pay for Their Own Cost for Fuel, Crew &
Provisions
• Time Share - Only Purchase the Rights of Usage for a
Certain Amount of Time
• Time Share - Time is Over, So Is Investment
jaxfreedom.com
An Early Shared Economy Forerunner
Boat Clubs
• Concept Has Enjoyed Greater Exposure from the
Sharing Economy … but Boat Clubs Have Been Around
Since the 1980’s
• Some Mistakenly Confuse the Term with a Yacht Club,
or an Exclusive Club for Boat Owners
….What is a Boat Club?
jaxfreedom.com
Boat Club Terminology, Simplified.
• Boat Clubs Purchase, Maintain and
Insure Multiple Boats in a Fleet.
• Boat Clubs Make the Fleet Available
to Their Members.
• Members Generally Pay a 1x Entry
Fee to Join, Plus Choose from a
Monthly Membership Plan to Meet
Their Boating Lifestyle and Budget.
jaxfreedom.com
Benefits of Boat Clubs
• Members May Choose from a
Variety of Boat Models & Types …
Get Broad Experience on
Different Types of Products
• Some Are Specific Power or Sail
Oriented, Some Offer Both
• Enjoy Watersports, Cruising,
Inshore and Offshore Fishing,
Diving, Sailing, etc.
jaxfreedom.com
Training is Often Part of the Membership Offering.
• Some Clubs Offer FREE 1x or
Ongoing Training as an Integral
Part of the Membership Experience
• Ask About the Training Options to
Understand What it Entails
• Confirm that the Club’s Trainers
are Fully Certified, i.e. Licensed
Coast Guard Captains, etc.
jaxfreedom.com
Benefits of Boat Clubs
• Boat Clubs Handle All the
Ongoing Maintenance and
Service of the Boats in the Fleet.
• Members Simply Enjoy Them!
• When Comparing, Be Sure to
Ask About Reservation Systems
• When Comparing, Be Sure to
Ask About Member to Boat Ratio
jaxfreedom.com
Benefits of Boat Clubs
• Boat Clubs Generally Have
Dock Staff on Site to Assist in
Dock Departures, Returns
• Most Are Social Clubs
• Most Host Regular Special
Events and Activities
• Fun Opportunities to Meet, Mix
and Mingle with Others Who
Share Your Boating DNA
jaxfreedom.com
Ask About Reciprocal Access
• Most Boat Clubs Have Single or a Few
Regional Locations
• Others May Offer Multiple or National
Locations
• Be Sure to Ask About Reciprocal
Access Opportunities, Costs
• Reciprocal Access Memberships
Allows You to Boat Wherever Branded
Clubs Are Located
jaxfreedom.com
Freedom Boat Club is the ‘Sharing Leader’
in the Boating Space.
•Founded in 1989
•15,000+ Members in North America
•125+ Clubs throughout the US & Canada
•Fleet of 1500+ Late Model, Name Brand Boats
•Boating Made Simple.
•We Own the Boats. You Enjoy Them!
jaxfreedom.com
Freedom Boat Club Has Expanded to the
West Coast!
• 5 California Locations including
the California Delta (2), San
Diego (2) and Huntington Beach
• New Club Opened April in
Seattle
• New Club Opened 2016 in
Vancouver, Now 2 Locations
… and Growing!
jaxfreedom.com
With All These Exciting Options Now Available
… It’s Time to Get Out and Enjoy Boating!
jaxfreedom.com
Question & Answer Session
Lisa Almeida, The Boatanista
Freedom Boat Club – Jax | Ponte Vedra | St. Aug
c: 904-588-2417
e: l.almeida@freedomboatclub.com
jaxfreedom.com

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Boat Clubs and the Sharing Economy with Freedom Boat Club

  • 1. The Sharing Economy Exciting New Ways to Get on the Water and Go Boating! Presented by Lisa Ameida, The Boatanista Freedom Boat Club - Jacksonville | Ponte Vedra | St Augustine
  • 2. What Exactly is the Sharing Economy? shar·ing e·con·o·my NOUN “Economic system wherein assets or services are shared between individuals for a fee, or for free.” jaxfreedom.com
  • 3. Sharing Economy Concept ... Individual owns something of value –Others would like to access it without cost and/or maintenance required to purchase –Individual would like to help reduce cost of his or her ownership –Owner and others create a sharing model –SHARING ECONOMY offers a win-win for everyone –Used for Business and Personal Assets jaxfreedom.com
  • 4. The Sharing Economy is Big Business. • TIME Magazine 2016 Poll • 44% of US Adults Have Participated in Shared Economy Transactions • This Equates to More than 90 Million People … • 22% - or 45 Million - Have Offered Goods or Services and Describe Their Experiences in this New Economy as “Positive” jaxfreedom.com
  • 5. The Sharing Economy is Big Business. •Americans Involved: 22% are Offerers - 42% are Users •Most Offerers are Also Users •About 1/3rd of Offerers Make 40% of their Income Via this Economy –Some Popular Categories: Ride Sharing, Accommodations Sharing, Service Platforms, Car Rentals, Foods and Goods Delivery/Exchange Platforms jaxfreedom.com
  • 6. Some Well Known Examples •Air Bnb, VRBO, HomeAway •Uber, Lyft, Sidecar •Dogvacay •Instacart, Postmates •Handy.com, Care.com … and hundreds more! jaxfreedom.com
  • 7. Interesting Facts From TIME Magazine Poll •51% of Offerers Claim to Be Better Off Financially in the Past Year vs. 32% of Rest of the Population •64% Expect to Be $$ Better in the Year Ahead Bottom Line: The Sharing Economy Has Made a Major Impact on the Way Americans View and Access Goods and Services. jaxfreedom.com
  • 8. What About Boats … and the Boating Marketplace? •In today’s rebounding marine marketplace, we now have: • Traditional Boat Owners, Buyers • Charter Boat Companies, Rentals • Boat Clubs • Fractional Ownership • Peer to Peer Boat Rentals jaxfreedom.com
  • 9. Thanks to The Sharing Economy, There Are More Ways Than Ever Before to Go Boating! jaxfreedom.com
  • 10. AGENDA: Available Boating Platforms • Brief Review of Various Options • Broad Overview of Each • Goal: Introduce Traditional and New Ways to Access and Enjoy the Boating Lifestyle • Disclaimer: Not an Expert in These Categories Except the Boat Club Model • Q & A Session at End jaxfreedom.com
  • 11. Traditional Boat Ownership • John Q. Boat Owner is Here to Stay. • No Doubt: Some People Should Definitely Own Their Own Boat. • These Boaters Want Access When and Where They Desire. • They Want Their Boat Rigged in a Certain Manner, with Their Own Bells and Whistles. jaxfreedom.com
  • 12. Traditional Boat Ownership • Boat Owners Have Researched and Understand the Costs Associated with Ownership Including Service, Storage, Maintenance, Insurance and Other Related Expenses. • Boat Owners Take Pride in Owning and Maintaining their Own Vessel. jaxfreedom.com
  • 13. Traditional Boat Ownership • Individuals May Look to Purchase New or Used Boats • Boat Buyers Often Visit Boat Shows - Best One-Stop Shopping for Comparisons, Deals • May Purchase from a Retail Boat Dealer for New and Used Boats • Individuals May Purchase from a Private Seller or Boat Broker for Used Boats or Yachts jaxfreedom.com
  • 14. Boat Rentals, Charters • Occasional and Infrequent Boaters are Ideal Customers for Boat Rental Operators and Charters • They Generally Pay a Flat Fee for a Defined Period of Use, Plus Fuel • They Choose from a Local Fleet of Boats • They May Book Directly with a Captain for a Charter • Bareboat and Captained Options jaxfreedom.com
  • 15. Peer to Peer (P2P) • Boat Owners List Their Boats through a Third Party Commercial P2P Website • Owners Underwrite Their Costs by Sharing Their Boats with Others • Typically, There is No Charge for Boat Owner to List; Third Party Charges a Commission on Anything Booked Through Their Site jaxfreedom.com
  • 16. Peer to Peer • Emerging P2P Companies Promote and Advertise Private Boat Access • P2P Companies Provide Contract, Vet Both Offerers and Users, Sometimes Advertise Local Captain Availability, Collect Funds and Provide Insurance jaxfreedom.com
  • 17. Peer to Peer • P2P Companies Provide Online Verification Process for Renters • Minimum Age Requirements • Deposit Typically Required • Bareboat and Captained Options Available • Offering Ranges from Personal Watercraft to Small Power and Sail Boats, to Cruisers and Luxury Yachts jaxfreedom.com
  • 18. Peer to Peer • 1:1 Transaction and Inspection/ Walk Through Typically with Owner or Designated Party • Owner Has Full Discretion to Rent or Not • Varying Restrictions, i.e. Night Operation etc. jaxfreedom.com
  • 19. Peer to Peer • Some Additional Charges May Apply, i.e. Gear, Equipment; ASK • Confirm Safety Gear Included • P2P Geographic Limitations • To Search for Current Companies Offering These Shared Economy Services: Peer to Peer Boating, Boat Sharing, Boat Rentals jaxfreedom.com
  • 20. Fractional Ownership/Timeshare • A Few Different Models … Found in Jet/Aerospace and Other Industries Often With More High End, Expensive Products. In Essence ... • In Boating/Yachting Segment, Company Manages a Fleet of Boats or Yachts • Company or Individual(s) Purchase(s) a Specific Boat and Places in Fractional Fleet jaxfreedom.com
  • 21. Fractional Ownership/Timeshare • Individual(s) Purchases a Specific Boat and Places it in Fractional Fleet • Company Manages Fractional Contracts, Reservations, Service, Maintenance • Company Provides Insurance, Training • Total cost of Boat, Maintenance, Management and Related Services is Divided Among Members jaxfreedom.com
  • 22. Fractional Ownership • Members Pay for Their Own Cost for Fuel, Crew & Provisions • Fractional - You Have an Investment for a “Piece” of the Vessel vs. Owning the Whole Thing • Fractional - Legal Ownership with the Right to Transfer or Sell jaxfreedom.com
  • 23. Timeshare • Members Pay for Their Own Cost for Fuel, Crew & Provisions • Time Share - Only Purchase the Rights of Usage for a Certain Amount of Time • Time Share - Time is Over, So Is Investment jaxfreedom.com
  • 24. An Early Shared Economy Forerunner Boat Clubs • Concept Has Enjoyed Greater Exposure from the Sharing Economy … but Boat Clubs Have Been Around Since the 1980’s • Some Mistakenly Confuse the Term with a Yacht Club, or an Exclusive Club for Boat Owners ….What is a Boat Club? jaxfreedom.com
  • 25. Boat Club Terminology, Simplified. • Boat Clubs Purchase, Maintain and Insure Multiple Boats in a Fleet. • Boat Clubs Make the Fleet Available to Their Members. • Members Generally Pay a 1x Entry Fee to Join, Plus Choose from a Monthly Membership Plan to Meet Their Boating Lifestyle and Budget. jaxfreedom.com
  • 26. Benefits of Boat Clubs • Members May Choose from a Variety of Boat Models & Types … Get Broad Experience on Different Types of Products • Some Are Specific Power or Sail Oriented, Some Offer Both • Enjoy Watersports, Cruising, Inshore and Offshore Fishing, Diving, Sailing, etc. jaxfreedom.com
  • 27. Training is Often Part of the Membership Offering. • Some Clubs Offer FREE 1x or Ongoing Training as an Integral Part of the Membership Experience • Ask About the Training Options to Understand What it Entails • Confirm that the Club’s Trainers are Fully Certified, i.e. Licensed Coast Guard Captains, etc. jaxfreedom.com
  • 28. Benefits of Boat Clubs • Boat Clubs Handle All the Ongoing Maintenance and Service of the Boats in the Fleet. • Members Simply Enjoy Them! • When Comparing, Be Sure to Ask About Reservation Systems • When Comparing, Be Sure to Ask About Member to Boat Ratio jaxfreedom.com
  • 29. Benefits of Boat Clubs • Boat Clubs Generally Have Dock Staff on Site to Assist in Dock Departures, Returns • Most Are Social Clubs • Most Host Regular Special Events and Activities • Fun Opportunities to Meet, Mix and Mingle with Others Who Share Your Boating DNA jaxfreedom.com
  • 30. Ask About Reciprocal Access • Most Boat Clubs Have Single or a Few Regional Locations • Others May Offer Multiple or National Locations • Be Sure to Ask About Reciprocal Access Opportunities, Costs • Reciprocal Access Memberships Allows You to Boat Wherever Branded Clubs Are Located jaxfreedom.com
  • 31. Freedom Boat Club is the ‘Sharing Leader’ in the Boating Space. •Founded in 1989 •15,000+ Members in North America •125+ Clubs throughout the US & Canada •Fleet of 1500+ Late Model, Name Brand Boats •Boating Made Simple. •We Own the Boats. You Enjoy Them! jaxfreedom.com
  • 32. Freedom Boat Club Has Expanded to the West Coast! • 5 California Locations including the California Delta (2), San Diego (2) and Huntington Beach • New Club Opened April in Seattle • New Club Opened 2016 in Vancouver, Now 2 Locations … and Growing! jaxfreedom.com
  • 33. With All These Exciting Options Now Available … It’s Time to Get Out and Enjoy Boating! jaxfreedom.com
  • 34. Question & Answer Session Lisa Almeida, The Boatanista Freedom Boat Club – Jax | Ponte Vedra | St. Aug c: 904-588-2417 e: l.almeida@freedomboatclub.com jaxfreedom.com