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In most economies, it's only the top 5-10% that really can afford to value time over cash. The rest are happy to trade off their time and effort to conserve cas
by sfifs 10y ago
In most economies, it's only the top 5-10% that really can afford to value time over cash. The rest are happy to trade off their time and effort to conserve cash.
That's a market for sure - but really not such a big market.
- jamesroseman 10y agoI think you might be underestimating the size of the "on-demand industry"[1]. I'm hardly in the top 5-10% and I tried out Drizly in place of my beer run on Friday night and paid a $5 premium for my 6 pack to be delivered. I valued my time in the moment more than $5 and told myself it was a once in a while thing. I'm sure on-demand groceries, dry cleaning, etc all just hope for that market of people who tell themselves they don't use these services too frequently. [1] http://www.businessinsider.com/the-on-demand-economy-2014-7 http://www.businessinsider.com/the-on-demand-economy-2014-7
- salemh 10y agoThat entire article only speaks to investment of the on-demand industry, and its "potential". Citing "uberfication" of services and a "rise of 1099 contractors" means nothing for who will actually pay for the services.