The Sharing Economy and Transit
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A hit-and-run Pecha Kucha-style crash course talking about the Sharing Economy, Technology and Transit. How can this evolving business model and related service support transit agencies in the future?
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The Sharing Economy and Transit
- 1. The Sharing Economy and Transit Illustration source: Fast Company PAUL SUPAWANICH @tweetsupa
- 2. What is the Sharing Economy? (e.g., collaborative consumption) A popular way to access goods and services in new and less expensive ways. Its many innovations include car sharing, ridesharing and peer accommodations. - Bayshare
- 3. Why Sharing and Why Now?
- 4. Nights booked/ 30 months 250,000 1 1 1,000,000 Manifested in Reality: Rides taken/ 14 days
- 5. Sharing Economy: Transportation Edition
- 12. Providing Choice: Differentiating factors in shared transportation: - Personal connection - Conversation - Availability
- 14. Hypothetical Scenario Must schedule at least a day in advance 30 minute pickup window No real time information $42.11 per Ride Same day availability On-demand service Real-time arrival information <$42.11 per Ride* *probably
- 15. The Sharing Economy is going to save the transit world
- 16. What I am suggesting: Transit agencies should dare to be creative with these new tools to serve specific markets They can be embraced as methods that supplement existing transportation services Sharing economy users are likely transit users. Expansion of these services help enable a car-free or car-lite lifestyle
- 17. Providing Last-Mile Services Improving access to carsharing at transit stations
- 18. Optimizing Existing Services Volunteer ridematching services
- 19. If we can leverage the sharing economy to: Increase Choice Reduce Costs Everyone Leaves Happy!* Transit Agencies Win Consumers Win *probably
- 20. Paul Supawanich psupawanich@nelsonnygaard.com @tweetsupa All slides available via slideshare.net/paulsupawanich
Notas do Editor
- Bay Share defines the Sharing Economy as a popular way to access goods and services in new and less expensive ways. Its many innovations include car sharing, ridesharing and peer accommodations.
- Who’s heard of the sharing economy or collaborative consumption.
- More connected via technologyInterest in saving/making money and general conscientiousness towards resource consumptionTrending towards city living, that makes sharing easier
- Sharing is here to stay:Airbnb (source: Mashable.com)Citibike (source: http://newyork.cbslocal.com/2013/06/16/dot-citi-bike-has-logged-more-than-250000-rides/)Not just some hippie west coast thing.
- Ridepal
- Transportation Sharing Economy Example #1:Social Long-distance RidesharingZimride – ridematching goes high-tech:Show craigslist vs. Zimride.
- Transportation Sharing Economy Example #3:Taxi-equivalents* (Real-time ridesharing)Lyft, Sidecar
- Great. So why does this matter for transportation?It touches on two key trends in transportation:I’m going to touch on two key topics.
- 100 types of bottled water = PEOPLE LOVE CHOICE
- Trend #2: TRANSIT AGENCIES NEED FUNDING!FIND chart of transportation funding.Source: http://www.cagle.com/news/govshutdown/page/10/
- King County Metro – 2011 Cost per Transit Boarding was $42.11 Photo Source: King County Metro – Metro Magazine
- So here’s what I’m NOT suggesting…That collaborative consumption is going to save the world and whales and endangered species (show picture)
- Picture of how these services could be applied to transit agenciesRelayRides = Zipcar near transit stations
- DriverPhoto source: sun journal http://www.sunjournal.com/news/1421567Dispatcher photo source: http://democratherald.com/news/local/volunteers-propel-call-a-ride-program/article_65cb2c6a-3ab2-5439-ace3-a2adb3467ac1.htmlCompany like Lyft could be used to help support volunteer ridematching programs orWeekend services.
- If we can provide Greater choice (100 type of bottled water) andHelp reduce costs (imagehttp://info.zentech.com/Portals/165279/images/reduce-cost.gif)“Consumers win” – Tony TransitConsumers winTransit agencies win.Everyone is happy * also hypothetical
- And now I will leave up my contact information for a full 20 seconds so you all can contact me