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Building Trust Online,
                              Sharing Offline




Thursday, March 31, 2011
Thursday, March 31, 2011
The average power drill gets
                            used for 12 mintues in its
                                 entire lifetime.




Thursday, March 31, 2011
Thursday, March 31, 2011
Collaborative Consumption

       ...the rapid explosion in
       swapping, sharing,
       bartering, trading and
       renting being reinvented
       in ways relevant to the
       Facebook age.




Thursday, March 31, 2011
The Trust Hormone, Scientific American June 2008
Thursday, March 31, 2011
Thursday, March 31, 2011
•Trust is innate
  •Trust important to
  happiness and well-
  being

  •Trust essential to
  connected, safe
  communities.

  •Correlation
  between trust and
  economy


    The Trust Hormone,
    Scientific American
    June 2008
Thursday, March 31, 2011
jordanmac101
Thursday, March 31, 2011
Thursday, March 31, 2011
srippon
Thursday, March 31, 2011
Social Media is
                                   Social




           Bombardier
Thursday, March 31, 2011
The New Sharing Economy study published by
                   Latitude Research & Shareable.net


                                  78% felt that sharing
                                  online has made them
                                  more open to the idea of
                                  sharing with strangers.
                                        Text

                                  75% predicted that their
                                  offline sharing will
                                  increase in the next 5
                                  years.




Thursday, March 31, 2011
Photo by Cris Dobbins
Thursday, March 31, 2011
Trust
           • VULNERABILITY - the willingness of one party
             (trustor) to be vulnerable to the actions of another
             party (trustee);
           • CONFIDENCE - reasonable expectation of the trustor
             that the trustee will behave in a way beneficial to the
             trustor
           • RISK of harm to the trustor if the trustee will not
             behave accordingly; and
           • LACK OF CONTROL - the absence of trustor's
             enforcement or control over actions performed by the
             trustee.

Thursday, March 31, 2011
Trust
           • VULNERABILITY - the willingness of one party
             (trustor) to be vulnerable to the actions of another
             party (trustee);
           • CONFIDENCE - reasonable expectation of the trustor
             that the trustee will behave in a way beneficial to the
             trustor
           • RISK of harm to the trustor if the trustee will not
             behave accordingly; and
           • LACK OF CONTROL - the absence of trustor's
             enforcement or control over actions performed by the
             trustee.

Thursday, March 31, 2011
divemasterKing2000
Thursday, March 31, 2011
What is most important to building trust in
                               a sharing community?




Thursday, March 31, 2011
1. The belief that people are inherently trustworthy.



                                    People are fundamentally
                                       good and trusting.




              Christopher Lukezik
              Marketing


Thursday, March 31, 2011
Thursday, March 31, 2011
2. Social Profiles




Thursday, March 31, 2011
2. Social Profiles

                                           People who use
                                       RelayRides love that the
                                        car belongs to a real
                                              person.




              Shelby Clark
              Founder & CEO


Thursday, March 31, 2011
3. Peer Reviews




Thursday, March 31, 2011
Thursday, March 31, 2011
4. Tribes / Groups


                                        People are tribal.
                                       We are working with
                                      smaller networks so we
                                      can leverage trust that
                                          already exists.




              John Zimmer
              Founder & COO


Thursday, March 31, 2011
Thursday, March 31, 2011
Thursday, March 31, 2011
5. Reduce Friction



                                      Make the hard stuff easy




              Micki Krimmel
              Founder & CEO


Thursday, March 31, 2011
Thursday, March 31, 2011
Thursday, March 31, 2011
Building Trust Online,
                                  Sharing Offline



                     1. The belief that people are inherently
                     trustworthy.

                     2. Social Profiles

                     3. Peer Reviews

                     4. Tribes / Groups

                     5. Reduce friction
Thursday, March 31, 2011
Trust provides access,
                                       wealth and freedom.
                                    When you build a community
                                     and you commit to them,
                                             the world
                                         opens up to you.




              Neal Gorenflo
              Founder & Publisher


Thursday, March 31, 2011
jordanmac101
Thursday, March 31, 2011
Micki Krimmel
                           Founder & CEO
                           micki@neighborgoods.net




Thursday, March 31, 2011

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Building Trust Online, Sharing Stuff Offline

  • 1. Building Trust Online, Sharing Offline Thursday, March 31, 2011
  • 3. The average power drill gets used for 12 mintues in its entire lifetime. Thursday, March 31, 2011
  • 5. Collaborative Consumption ...the rapid explosion in swapping, sharing, bartering, trading and renting being reinvented in ways relevant to the Facebook age. Thursday, March 31, 2011
  • 6. The Trust Hormone, Scientific American June 2008 Thursday, March 31, 2011
  • 8. •Trust is innate •Trust important to happiness and well- being •Trust essential to connected, safe communities. •Correlation between trust and economy The Trust Hormone, Scientific American June 2008 Thursday, March 31, 2011
  • 12. Social Media is Social Bombardier Thursday, March 31, 2011
  • 13. The New Sharing Economy study published by Latitude Research & Shareable.net 78% felt that sharing online has made them more open to the idea of sharing with strangers. Text 75% predicted that their offline sharing will increase in the next 5 years. Thursday, March 31, 2011
  • 14. Photo by Cris Dobbins Thursday, March 31, 2011
  • 15. Trust • VULNERABILITY - the willingness of one party (trustor) to be vulnerable to the actions of another party (trustee); • CONFIDENCE - reasonable expectation of the trustor that the trustee will behave in a way beneficial to the trustor • RISK of harm to the trustor if the trustee will not behave accordingly; and • LACK OF CONTROL - the absence of trustor's enforcement or control over actions performed by the trustee. Thursday, March 31, 2011
  • 16. Trust • VULNERABILITY - the willingness of one party (trustor) to be vulnerable to the actions of another party (trustee); • CONFIDENCE - reasonable expectation of the trustor that the trustee will behave in a way beneficial to the trustor • RISK of harm to the trustor if the trustee will not behave accordingly; and • LACK OF CONTROL - the absence of trustor's enforcement or control over actions performed by the trustee. Thursday, March 31, 2011
  • 18. What is most important to building trust in a sharing community? Thursday, March 31, 2011
  • 19. 1. The belief that people are inherently trustworthy. People are fundamentally good and trusting. Christopher Lukezik Marketing Thursday, March 31, 2011
  • 22. 2. Social Profiles People who use RelayRides love that the car belongs to a real person. Shelby Clark Founder & CEO Thursday, March 31, 2011
  • 23. 3. Peer Reviews Thursday, March 31, 2011
  • 25. 4. Tribes / Groups People are tribal. We are working with smaller networks so we can leverage trust that already exists. John Zimmer Founder & COO Thursday, March 31, 2011
  • 28. 5. Reduce Friction Make the hard stuff easy Micki Krimmel Founder & CEO Thursday, March 31, 2011
  • 31. Building Trust Online, Sharing Offline 1. The belief that people are inherently trustworthy. 2. Social Profiles 3. Peer Reviews 4. Tribes / Groups 5. Reduce friction Thursday, March 31, 2011
  • 32. Trust provides access, wealth and freedom. When you build a community and you commit to them, the world opens up to you. Neal Gorenflo Founder & Publisher Thursday, March 31, 2011
  • 34. Micki Krimmel Founder & CEO micki@neighborgoods.net Thursday, March 31, 2011