VentureBeat believes five different types of on-demand services are set to shortly explode and the one expected to grow fastest is same-day, shared economy couriers – a business now under development by On the Move Systems (OMVS).
The website predicts shared economy courier services will experience this fast growth because retailers are feeling intense pressure from Amazon to offer fast delivery to online customers. By sticking to traditional delivery methods, these retailers risk not only losing customers to competitors but leave their entire businesses vulnerable.
“Companies like Amazon have not only changed retail, but the delivery industry as well,” stated OMVS CEO Robert Wilson. “Now retailers and couriers must be flexible and nimble – able to change and adapt at a moments’ notice. Customers no longer want to wait. With our shared economy business model, we’ll be able to respond quickly to market demands, and do it at a competitive price. This article shows our plans are pointed in the right direction for ultimate success.”
Economists have previously speculated the shared economy represents a $450 million total market, but that figure may be obsolete as the market continues to grow with more and more varied on-demand services popping up. Some are predicting the shared economy’s total market value will double in coming months, particularly as the concept has been well embraced by the so-called Millennial generation, who are now entering the marketplace in force.
For more information on OMVS, please visit www.onthemovesystems.com
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