Tuesday, March 22, 2011

Collaborative Consumption

In my class  we watched Rachel Botsman's TED talk,  "The case for collaborative consumption" . "Rachel Botsman is a social innovator who writes, consults, and speaks on the power of collaboration and sharing through current and emerging network technologies, and on how it will transform business, consumerism and the way we live. She is the co-author of the influential book What's Mine is Yours: How Collaborative Consumption Is Changing The Way We Live."

This video was about how to After watching this each person in my class was given a company/website/game/ organization to research. This research was based around the idea of collaborative consumption. We then had to do a small presentation on what we found. Unlimited TV episodes and movies can be purchased for $7.99 a month, where you can watch unlimited TV episodes and movies over the internet to your Xbox 360, PS3, Wii or many other devices. You can also get DVD's by mail for 2 more dollars a month. There are no due dates or late fees. Netflix was founded in 1997 in Scotts Valley, California. Marc Randolph, Reed Hastings and Mitch Lowe partnered together to create a rental service that did not impose due dates or have any late fees.  Netflix gains their profit from the monthly fee's they charge their customers. With more than 20 million members in the United States and Canada, Netflix, Inc. is the world’s leading Internet subscription service.



http://www.rachelbotsman.com/
http://www.netflix.com/HowItWorks
http://www.ted.com/talks/rachel_botsman_the_case_for_collaborative_consumption.html