The on-demand economy is replacing traditional business models faster than we anticipated. The services coupled with a couple of apps empower instant provisioning of goods and services. What started as the fastest way to hail a taxi, Uberization has changed the way businesses perceive demand, provision the supply, and deliver. No doubt, Uberization has become the most talked about business term in the past few years and will remain so until, as Forbes like to put it, “Let’s Uberize The Entire Economy”. With the emergence of startups like Instacart (grocery), Postmates (anything available locally), JustPark (parking), task rabbit (handyman) and Airbnb (hospitality), this indeed coming true. Did you know? 42% or 86.5 Million Americans have used one of the on-demand services, a survey report about on-demand economy by Burson-Marsteller, the Aspen Institute and Time indicates. No doubt investment has been pouring into these startups, trying to disrupt every traditional business model they could and bring it into the on-demand economy. This may seem like an uphill battle with a business model that has been going strong for more than a few centuries, but with venture capitalist knocking the door of every startup that has “on-demand” attached to its business model. Orignal Sorce : on-demand economy
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Shahid Mansuri co-founded Peerbits, one of the leading mobile app development company, in 2011. His visionary leadership and flamboyant management style have yield fruitful results for the company. Archives
October 2019
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