SHARING economy

Martina Šmídová, 1MA

People have shared things for thousands of years, but modern technology makes it easier for sellers

and buyers to find each other. This type of Economy is also called as the Sharing Economy or Peer

Economy also known as P2P. Sharing economies allow individuals and groups to earn money from

their underused things by renting them out.

Sharing economy vs Traditional economy

Businesses don´t like modern trend of Sharing economy. Sharing economy is a bike competition for

them. Customers don ´t need their services when they use Sharing economy. That si why these

businesses won´t have a such income as they wish. Businesses in Traditional economy have to get a

special licences or receive different types of verification. Businesses in Sharing economy don´t have

to.

Flat or house renting

One example of Sharing economy is Flat or House renting. A well-known example of this type of

Sharing economy is Airbnb renting. Airbnb is founded in 2008, in San Francisko. Airbnb is about

renting flat/house to strangers for money. It is a biggest competition for Hotels, because people find

it cosier and more privat ethen hotels.

Bike-Sharing and Car-sharing

I have to talk about Uber, when I talk about Sharing economy. It was founded in 2009, in USA. It

started as the competition to the Taxi drivers. Nowdays Uber also does delievers of foods or small

packages. Everyone has seen a bike-sharing at least once. You can rent a bike with a mobille app and

ride it to the nearest bike.sharing station. Not only bike but in Pilsen you can rent a scooter as a

student of ZČU as well.

Other examples
Her eis a list of other types of Sharing economy:

1. Co-working spaces – shared office spaces for a small starting businesses.

2. Education sharing – You can lern or study even outside of school

3. Crowdfunding – People can support or donate some different kind of projects.

4. Peer2Peer Lending – You can get a loan from other people.

Pros and Cons:

The advantages of Sharing economy is: And a disadvantages is:

Greater flexibility High probability of losing some

privacy

Build loyalty based on trust Potentional risk of fraund and scams

Eliminate unnecesary investments People are not trustworthy

Creativity and Innovation It is a great idea but it´s hard in reality

Save money and recources