Access-based consumption
Access-based consumption is a growing trend where individuals pay for the access to goods and services, rather than owning them outright. This model is popular in various industries, such as transportation, accommodation, and entertainment.
One example of access-based consumption is ride-sharing services like Uber and Lyft. Instead of owning a car, individuals can simply request a ride through a mobile app and pay for the service only when they need it. This not only saves money on car ownership, but also reduces the environmental impact of having fewer cars on the road.
Another example is Airbnb, a platform where individuals can rent out their homes or spare rooms to travelers. This allows homeowners to monetize their space when they are not using it, while travelers can enjoy a unique and often more affordable accommodation option compared to traditional hotels.
Overall, access-based consumption promotes a more sustainable and efficient use of resources, as individuals only pay for what they need, when they need it. This model also encourages sharing and collaboration within communities, leading to a more connected and resourceful society.
For more information on access-based consumption, you can visit Wikipedia.