Speed – A single word that is considered for today’s on-demand economy. Almost everything from medicines, food, groceries, laundry, home services and much more are booked through smartphones apps. If we see 1990’s world, it was fast food world. But if we see today’s world its completely on-demand.
There are various startups like ola, uber, didi, Jugnoo and more which have gained more importance and more attention in the on-demand sector by serving various individuals in plenty of services. Like these, all provide cab booking services in an emergency. You can book a cab from anywhere within seconds through your smartphone.
Smartphones have been the game changer, the level of delivery and convenience is unbelievable. People can book a taxi, order groceries, hire plumbers, beauty services or any other service that is required at an emergency right from their smartphones. The demand for these services seems to be increasing almost every day. Industry experts believe that there is an enormous shift to the sharing way of doing business today. Carpooling apps like BlaBlaCar, services like Airbnb and JustPark have been major disrupters to the traditional way of doing things.
The on-demand concept looks like it is here to stay. Consumers seem to be embracing this new way of doing things. Several businesses may be solving problems but the ones that provide solutions faster and make it more convenient for their customers are going to win in the on-demand economy. The future for many of the startups is going to depend on primarily two things that are speed and convenience.
The future of on-demand services looks exciting and will be adopted by most of the individuals in coming future, hence on-demand economy will affect the market in a different way by serving individuals with quality outputs results.