Is Collaborative Consumption the New Online Retail? September 16, 2015 15:00

I continue to marvel at the rise and rise of the Sharing Economy and the business models like Airbnb, Uber, Airtasker et al. Always a nostalgic I thought back to my experience with DealsDirect which is now over a decade old. Whilst it true to say I felt the same thrill watching the growth of pure play retail,  we knew we were involved in heavy infrastructure business. Enormous warehouses, laden with products. Containers of wares being unloaded daily into kilometres of pallet racking,  and enormous trucks picking up thousands and thousands of packed parcels in metal cages. What perhaps initially held the promise of a' virtual' business, soon showed me that this was in fact a heavy infrastructure model, with the ever elusive  pursuit of ' scale' a challenge. Don't get me wrong, these are great businesses and my admiration for local examples like Ozsale, Catch of the Day, GraysOnline and many others, continues. 

But back to Collaborative Consumption models, I believe that this dynamic and iterative space holds the true promise of a virtual asset light but robust marketplace. The ultimate retail experience.  Taking a surplus to need is not a new concept but our powerful connected technologies today bring this to life. Read more...