Wednesday, April 15, 2015

Peer to Peer

The peer to peer marketplace has been taking off and seems to have a solid future with more and more people using these different services. The peer to peer marketplace offers different services that are cheap and convenient to the consumer but at the same time they are cutting out the middle man in the process. You can find these different services in transportation, renting, housing, skilled trades, and eventually just about anything. I am curious to see where this new marketplace will go. Will we eventually see businesses struggling due to the fact that they are trying to compete with these freelancers that don't have as high of overhead costs. Possibly, but at the same time i don't see them out preforming the cheap work/services that are being offered. It will be interesting to see where these new start up peer to peer businesses will be down the road. Do more choices make us better off? I will revisit this idea in blog posts to come.

No comments:

Post a Comment