The world is changing at a rapid pace. The information age has brought with it a thirst for innovation and economic evolution. Society has reached such an incredible level of technological advancement. It once took entire departments to do what one man with a laptop and a smartphone can do today. People everywhere are looking for ways to save money and be more efficient with their time. Accordingly, the rise of gig based businesses has spread wildly over the past few years and has no signs of slowing down anytime soon.
Businesses like Uber, Airbnb and TaskRabbit have turned traditional models of employment on its head, by creating millions of micro-entrepreneurs. Now people with talent, product or service can be quickly connected to people who want to pay them for their work. During the Industrial Age, wealth was concentrated in the hands of a small number of corporations. The giants of industry created products, persuaded the public to demand that product and had the ability to tightly control every aspect of its life cycle – from manufacturing to retail sales.
Though many corporations still hold strong to this framework, a wave of startups have disrupted and revolutionized the way most people participate in the new marketplace. According to a study conducted by Burson-Marsteller and the Aspen Institute, roughly 90 million American’s have either bought or sold services through some kind of gig platform.
Sellers have a chance to be their own boss, work when they want and have the freedom to make choices that would otherwise be controlled by an employer. Buyers are able to find quality work quickly and at a low cost. There are many people who provide services via gig’s because it is a quick way to make extra money on the side or on the weekend.
Millions are discovering the benefits of using apps like Uber and Sprig to make their life easier and have a little extra cash in the bank. However, the ones receiving true prosperity are the entrepreneurs creating the platforms. Certain multi-billion businesses like Uber and Airbnb are perfect examples of how quickly leaders in the new economy can take an idea and turn it into a very profitable reality.
Uber has become the fastest growing startup on record. Their app allows anyone with a smartphone to connect with individuals driving nearby to give them a ride where they need to go. The taxicab industry may never be the same. Their services are available in over 400 cities around the world. Despite being in business for only five years, the company is worth more than 60 billion dollars.
Airbnb, a site that helps people rent out rooms and homes to travelers, has come a long way since their early days of charging guests for air mattresses and breakfast. Though it was only founded in 2008, the company is already valued to be worth upwards of $25 billion. Their platform now hosts around 1,500,000 listings, making thousands of private homes around the globe the new alternative to overpriced hotel rooms.
Luxe, a San Francisco app that provides valet services, has men and women in blue jackets meet. They will not only park your car in one of their secured locations for only $15 a day, but they can also give it a good wash and fill the tank with gas for your ride home.
Sprig is a company that has freelance servers pick up and deliver hot, gourmet food to any location; and Postmates has become a popular on-demand delivery service available in many cities all over the US. These are but a few examples of ways to implement on-demand services in almost any industry. There are a number of clones different industries.
The gig model allows businesses to grow exponentially as they play matchmaker for buyers and sellers. Most peer-to-peer startups are geared toward highly popular commodities. Examples include everything from grocery shopping and delivery services to hotel accommodations and virtual assistants. The great thing about creating a startup in the gig economy is the extremely low overhead. A company of this sort does not need a long payroll. Most of the work for the company itself can be outsourced and performed remotely. Because the workers are covering their own expenses and are considered self-employed, the cost of a startup can be relatively low but the opportunity to create revenue is great.
There are so many untapped vertical markets waiting to have their chance to take center stage. Virtually every service industry can apply these principles and find a way for workers to become freelancers in the gig economy.
Could a family in need of an oil change simply find a local car mechanic with an iPhone app? Is it possible for teachers to become freelance tutors on the weekend or over the summer? From private coaches to fitness trainers, the list truly could go on indefinitely.
Entrepreneurs everywhere are catching wind of the changing tides and are creating their own on-demand marketplaces. And now, so can you.
In the past, startups had to invest a small fortune by creating and developing their own platforms from scratch. Fortunately, with iScripts UberforX, it’s possible to start your own on-demand services business easily and at a fraction of the price.
iScripts UberforX allows people to sign up and book services by different vendors. The software allows you to create an Uber clone, packed full of all the premium features needed to start your new marketplace right away. Included in the cost are mobile IOS apps for users to pay for services and for vendors to manage sales. A fully functional e-commerce platform is integrated on the site as well and the source code is 100% customizable to fit your business’s unique needs.
Stay in full control of your business without worrying about the hassles and complications of creating the software and system yourself. For one affordable price, you can start your own highly successful peer-to-peer marketplace in no time.