2. What is the Sharing Economy?
Swapping…exchanging…collective purchasing…
collaborative consumption... shared ownership... shared
value... co-operatives... co-creation... recycling...
upcycling... re-distribution... trading used goods...
renting... borrowing... lending... subscription based
models... peer-to-peer... collaborative economy... circular
economy... pay-as-you-use economy... wikinomics... peer-to-
peer lending... micro financing... micro-entrepreneurship...
social media... the Mesh... social
enterprise... futurology... crowdfunding... crowdsourcing...
cradle-to-cradle... open source... open data... user
generated content…
A socio-economic ecosystem built around
the sharing of human & physical resource
A socio-economic ecosystem built around
the sharing of human & physical resource
A socio-economic ecosystem built around
the sharing of human & physical resource
www.compareandshare.com
3. Why Share?
£3.5 +
Trillion
unused
resources
Generation Share want to
access rather than own
Source: The People Who Share 2013
4. The Generation Born to Share
Smart, savvy, social
Have a conscience
Aspirational
Reputation capital, friendship, community
Efficient, pay-as-you-need, on demand
www.compareandshare.com
5. Generation Share: 2 billion people globally
Subset of Millennials
70% of Millennials are Generation Share
Potential for other 30% of Millennials to
adopt sharing lifestyle
www.compareandshare.com
6. Generation Share: Who they are
34% population driving the Sharing
Economy
25-34 year olds, open minded, tech savvy
Smart, savvy, social, on-demand
generation
Educated, entrepreneurial The
Sharing
Economy
www.compareandshare.com
7. Generation Share: What they do
30% used Sharing services to save money
40% used Sharing services to earn income or
learn new skill
The
Sharing
Economy
Prefer to share rather than own
50% try products that support good causes
www.compareandshare.com
8. Generation Share: What they tell us
57% say they can find anything they need
to rent or borrow online
74% say technology makes life easier
73% say the Sharing Economy is
important to them The
Sharing
Economy
www.compareandshare.com
9. Generation Share: What they say
“I can make the world a better place”
The
Sharing
Economy
“I want it fast and I want it now”
“I trust my friends more than experts”
“I’m social in nature, online and off”
www.compareandshare.com
10. Traditional Marketing Doesn’t work…
The
Sharing
Economy
Content & Conversations
Reviews & Recommendations
What their friends think
Reject corporate & mainstream media info
www.compareandshare.com