In the past couple of years, the on-demand economy has grown by leaps and bounds. It’s a new business model that gradually overtook the conventional business models by catering to consumers whenever they want and wherever they want. A Harvard Business Review report reveals that the on-demand economy drives 22.4 million consumers annually spending $57.6 billion on the-demand services. These on-demand services encompass a wide range of platforms such as taxi booking and food and product delivery. Apparently, it’s no secret that the on-demand economy is thriving. Especially transportation that alone attracts 7.3 million worth consumers monthly, driving $5.6 billion of annual revenue, followed by food or grocery delivery at 5.5 million monthly consumers and $4.6 billion annual spending. The increased usage of smartphone and ease of access to information and internet has enabled consumers to aim for and attain what they desire. Original post : The UberRush Closure & It's Benefits For Your Business
0 Comments
Leave a Reply. |
Author
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
Categories
All
|