The sharing economy is shrinking the buying economy
The Shed extends the sharing economy model all the way through to its supplier partners. Rather than purchasing inventory for rental, The Shed’s “product as a service” model allows consumer goods suppliers to retain ownership of their products and generate continuous revenue and data throughout the product life cycle.
The result is a groundbreaking rental marketplace business model that creates a new revenue channel, facilitates try before you buy,and allows suppliers to learn more about their customers and products.
Consumers are learning to consider rental/sharing options versus purchasing items that will have limited use.
As rental capacity grows, sales capacity decreases.
Retailers and manufactureres must find new ways to capture the revenue shift.