Digital media, cooperation networks and the growing concern for our consumption's impact on the planet have given rise to such new economic models as the “collaborative economy”. What does it mean?
Meet Marta, who needs to sell a pair of shoes she no longer wears. She puts them on a second-hand marketplace app. Without realizing it, Marta is participating in the collaborative economy and will benefit from it when she sells her shoes.
What is the collaborative economy?
The “collaborative economy” (or “collaborative consumption”) is an economic model where consumers use new technology to provide, buy, sell, share or rent goods and services. Because new marketplaces are always emerging, it is constantly evolving.
It not only benefits consumers but also promotes sustainable and responsible consumption that is good for the planet. You can read more about it here in this article (in Spanish) by Tu Futuro Próximo.
Examples of collaborative economy
The collaborative economy is characterized by types of systems, in particular:
Sectors in the collaborative economy
With digitalization, businesses in many sectors of the collaborative economy have flourished worldwide, especially:
Benefits of the collaborative economy
The collaborative economy has transformed the market with new ways to do business, travel and get around town that benefit us as consumers and help our planet.
Some major advantages of the collaborative economy are:
If you want to learn more about the collaborative economy and its benefits, check out this article (in Spanish) by Finanzas para Mortales (Finance for Mortals).