Every online business needs some setup beyond its profile. In our online business setup checklist, we described five possible setup types. The sharing economy needs only two of them: your offer and shipping capability. This is one of the simplest technical setups of all ten techniques.
In the sharing economy, where you list your items matters as much as the items themselves. In this article, we explain why sharing economy platforms, meaning marketplaces, are your key profile, when a website can help, and how to build a profile people trust. As in other income techniques, marketplaces play a central role in the sharing economy. Here, though, they are often essential rather than optional.
In Lynnaider’s teaching, we capture each online income technique in a simple process flow. The figure you see here shows how the sharing economy works, for both renting and reselling. In this article, we walk through each step. Since you already own the property or asset you want to share or resell, your preparation is simple.
Every online income technique starts with an offering: what you actually sell. When you earn from things you own, the answer seems obvious, but there is more to it. In this article, we explain the offering in the sharing economy and why service matters as much as the item itself. If the four types of offering are new to you, our article on what you can sell online explains them.
Most online income techniques ask you to create something new. The sharing economy starts with what you already have. In this article, we explain the sharing economy for beginners: how renting and reselling work, which platforms to use and why it is one of the simplest techniques to start. Lynnaider’s definition: sharing or reselling your physical property or assets online.
The sharing economy is the ninth of Lynnaider’s ten online income techniques. It is the one that starts closest to home: with what you already own. In this article, we introduce five people who earn by sharing or reselling their belongings. These sharing economy examples show that you do not need to create anything new.