The Business Model of Digital Platforms for the Sharing Economy: Intensive Case Study Methodology for Rover.com Pet Boarding Platform
Bo-Chiuan Su (),
Hongxi Lin () and
Yu-Mei Wang
Additional contact information
Bo-Chiuan Su: School of Business, Putian University, Putian 351100, China
Hongxi Lin: School of Business, Putian University, Putian 351100, China
Yu-Mei Wang: Department of Information Management, National Central University, Taoyuan 32001, Taiwan
Sustainability, 2022, vol. 14, issue 23, 1-33
Abstract:
The sharing economy has allowed idle resources to be used again and is known as a model for the new economy. Advances in network technology have allowed the scale of the sharing economy to be expanded through digital platforms. To our best knowledge, no studies in the literature have explored a pet boarding platform for the sharing economy. This research selected the emerging pet care industry as its scope and took the Rover.com pet boarding digital platform, with the highest market share in the world, as the research object for an intensive case study. Three types of secondary data analysis were used: industry profile analysis, case information, and papers and journals. The business model and value proposition of the platform summarizes the key to the success of digital platforms, which is expected to be helpful to entrepreneurs who want to create a sharing economy marketplace. The research results showed that the sharing economy needs to use digital platforms as a matching intermediary between supply and demand to establish a personal-to-personal transaction pattern and it also needs digital platforms to establish a sense of trust and a guarantee mechanism for participants in the sharing economy. For the digital platform to be profitable, it must identify the platform’s unique value proposition and business model, and set up monitoring of transaction parties and evaluation functions, as well as insurance systems and digital platform IT support.
Keywords: sharing economy; digital platform; business model; value proposition (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://www.mdpi.com/2071-1050/14/23/16256/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/23/16256/ (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:23:p:16256-:d:994618
Access Statistics for this article
Sustainability is currently edited by Ms. Alexandra Wu
More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().