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128 Internet Enabling Commerce in 2015 Internet Trends Report

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128
Internet Enabling Commerce in Increasingly Efficient Ways
Source: “2015 US Small Business Global Growth Report,” 2015. Published by eBay.
“Redefining Entrepreneurship: Etsy Sellers’ Economic Impact”, 11/13. Published by Etsy. Survey measured 5,500 USA-based sellers on Etsy’s marketplace.
“Elance-oDesk Relaunches as Upwork, Debuts New Freelance Talent Platform,” 5/15.
Airbnb, Thumbtack, Stripe.
eBay SMBs =
95% engage in export vs.
<5% of USA businesses
Setting up export
businesses historically
required significant
investment.
Etsy sellers = 35%
started business without
much capital investment,
compared to 21% for
small business owners.
Only a smartphone
needed to set up a listing
and become an Airbnb
host. Hosts can get set
up in minutes.
Stripe Connect powers
most marketplace
businesses and enables
coordination of
transactions between
buyers and sellers.
Car + smartphone + quick
onboarding to be UberX
driver-partner vs. materially
more to purchase medallion
(or equivalent) to be a Taxi
driver.
SoundCloud Creators can
use mobile devices to
record / distribute audio
content within minutes.
Ability for businesses to
access talent quickly –
time to hire averages 3
days on Upwork vs.
longer time for traditional
hiring.
Thumbtack professionals
pay $3-15 per introduction
to services leads they are
interested in vs. buying
ads in directories monthly
or yearly.

Published in: Internet, Technology
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