Consumers are demanding more from their shopping experience and that includes getting what they want delivered as quickly as possible, which is creating a whole new business model that offers opportunities for anyone who enjoys driving their car.
Here is a look at why the need to offer an on-demand service is fueling a vibrant economy for anyone prepared to use their car to earn some cash.
A new type of business
A good starting point would be to understand what an on-demand business actually is and how it is managing to cause so much disruption to a number of traditional business sectors.
The fundamental ideology behind companies like Airbnb and Uber, for example, is that their primary focus is on offering a convenience solution by using existing assets that we already have like a car or a spare bedroom.
If you have a car you can register to be a driver within minutes and start earning money almost immediately, or if you want to rent out a part of your home for money, a site like Airbnb makes that happen as quickly and easily as possible.
What is remarkable about these on-demand business models is that despite the fact they have been around for almost less than half a decade they are attracting billions of dollars from investors, suggesting that demand is going to continue to grow.
If you decided to buy a new car from someone like Adrianbrienjeepfiat.com.au you now have plenty of ways to use that asset to make some quick cash, and that is just one example of a successful business model that is fueling what is generally known as the “gig” economy.
A growing army of freelancers
You get a clear idea of the popularity of the on-demand business model when you discover that an estimated one in three of all American workers provides some sort of independent or freelance services on a part-time or full-time basis.
That is a huge shift in the way many of us work and whether this is unskilled work or skilled home services, for instance, it is hard to argue with the impact of this new way of working.
Companies like Uber might be grabbing a lot of the headlines with their stellar global growth but there are so many different business opportunities and success stories to inspire you to consider what sort of venture you want to develop yourself.
From laundry services to dog walking services and delivering restaurant meals to the doorstep in the quickest time possible, there really seem to be no limits to how you earn and income in this diverse service sector.
The fact that new ideas are evolving all the time would suggest that this not just a passing fad and something that will fade after the hype has subsided.
Evidence that the on-demand economy is here to stay is supported by the fact that historically static industries like groceries and the restaurant trade have been revolutionized by innovation.