Gina Ciancone's Profile
Thanks so much for this interesting post!! Montreal also has a similar “sharing” platform that taps into a purpose marketplace, although it does not yet have the ability to donate items to charities. While the platform certainly reveals the current consumer attitude that “less is more,” the app (it seems like?) does not appear to work out the logistics behind the donations. In addition, it is slightly different than the Montreal-based platform, which allows people with an excess of a certain item, to post what they have and what they need.
Thanks very much for such an interesting article, Li! I have heard of VIPKid before and I agree with previous comments addressing the development of trust and value proposition surrounding face-to-face language instruction. I wonder if there is a possibility to make this a true peer-to-peer platform in which virtual language “pen pals” develop and not only are Chinese student being taught English, but English instructors are also able to learn Chinese.
Thanks for this very thoughtful post, Nicolás! TheRealReal is a useful platform to understand the customer needs surrounding luxury items and quickly identify conventional pain points: length of ownership and cost. In fact, the similarities to this platform and the platform that I wrote about, Rent the Runway, are significant. However, I wonder if TheRealReal is in fact proof of concept for an “ownerless” model of high-end fashion. Since consigners are effectively putting their luxury items up for sale to lighten the load of their closet of make some extra cash, are they actually extending the shelf life of these items? Or are they revealing consumer trends in needing to own less?