The company is based in Cambridge, Massachusetts. Currently, Zipcar provides mobile-application-based on-demand mobility services in eight countries. To use Zipcar services, customers need to purchase its monthly or annual membership plan. After the purchase, customers receive a membership card that allows members to access Zipcar vehicles. As an alternative, customers can also use the Zipcar mobile application to get access to the vehicles, which are typically parked in spaces throughout cities.
The company also takes care of major vehicle-related expenses including gas, insurance, maintenance, and parking. People who frequently use car sharing tend to sell their own cars eventually and start using alternate modes of transportation, like biking and walking.
They indefinitely postpone a vehicle purchase and drive less overall. As you can probably imagine, the idea of fewer people sitting behind the wheel of a car has quite a few benefits. For one, it helps reduce traffic congestion and wear and tear on the roads.
Car sharing decreases air pollution and energy dependency. Furthermore, as time passes, people hope the level of urban car sharing will tip the scales so less parking infrastructure and road expansions will be needed. This could mean more resources reserved for developing parks and urban green spaces. That said, car sharing ends up having environmental costs, too, in air and water pollution, and emissions that contribute to climate change. Other benefits may include overall better health due to an increase in biking and walking.
Car sharing also allows people who cannot afford their own vehicles access to a car. Zipcar website has a few interesting information that I would like to share with you. A while ago my husband and I listed our car to Turo and until now, everything worked fine. So fa so good. You think about it, it really is a great easy way to earn money, turning your depreciating asset into an earnings engine.
Turo, formerly RelayRides, is an American peer-to-peer car sharing company, launched in Boston in June The concept was inspired by similar online marketplaces such as Airbnb and Ebay In late , the company expanded to San Francisco, where it is now headquartered.
The company allows private car owners to rent out their vehicles via an online and mobile interface. This car sharing marketplace where you can book any car you want, wherever you want it, from local hosts across the US, Canada, the UK, and Germany. A vibrant community over five million car owners and more than , vehicles listed worldwide, Turo guests can choose from over unique makes and models, while hosts earn extra money to offset the costs of car ownership.
Zipcar is one of the largest services in the world. You basically use the app to book a car and use the card key provided to unlock it. Zipcar is a standard car sharing company, currently owned by Avis, vehicles are allocated to a parking spot and can be used and returned to designated parking spot.
Zipcar requires a monthly subscription, there is two membership plans, free and paid, vehicle pricing can vary depending on membership. With Zipcar, mileage seems more limited than in Turo and it seems to have a limited choice and more expensive options. Like Zipcar, Maven is a standard car sharing company run by GM with vehicles parked at designated parking spots. It starts with giving out credit card information. This may be equally stated about any country.
But having to run TV commercials or other expensive forms of ads is exactly that: an expensive way to be trusted. And it may not work for many young companies. You can imagine how steep the trust barrier would be if the payments had to be conducted between peers.
Sharing economy companies do not use any cash payments nor peer-to-peer payments. All payments directly go to the company. Depending on the type of business many other safety measures are being put in place.
Both Zipcar and Uber have requirements to the age and inspections of their vehicles. Uber additionally has to put checks into place regarding the driver driving history, criminal background, etc. Similar considerations apply t0 the liability and insurance. Zipcar, as well as Uber, have their insurances covering a range of accidents but of course, there will always be those tricky ones that one ever thinks of. In any case provision of some insurance for the most anticipated case is a basic expectation.
For Uber, there are additional challenges on this to ensure driver and rider safety. This applies to all sharing economy companies to a varying degree. As many of them enable peer-to-peer transactions, the company has a responsibility to manage the risks that can occur during and even after those human interactions. Pay-per-use companies own the assets or services that they provide.
It means they have direct influence over its condition. Platform businesses do less so. If it is a neighbourhood good that you borrow from someone or take a ride with an Uber driver, the condition of the asset drill, mower or car is managed by the owner. Zipcar owns various types of cars. But they select the vehicles types that a being added to their fleet. They seem to be increasingly distinguishing between those types which they provide to students located near campuses and those they offer to businesses located near CBDs and airports.
And partly because it may be a great system. Uber leaves it to the feedback mechanism to weed out offenders of the actual as opposed to the assumed experience of their customer.
To many people, the interaction with the driver may be more important than the size or brand of the car. And on top, this might be quite different in different countries. Why would we assume that the customer experience or quality expectations are the same in New Delhi as they are in New York?
I have shared the business model compass created by Boyd Cohen before. Commons sharing businesses embody more the original idea of the sharing economy which is about community, empowered people, etc.
Market sharing businesses are mostly profit-orientated.
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