table of contents

If you own an offline brick-and-mortar home services business, chances are that you have been hit hard by the COVID-19 pandemic. Embracing the power of the internet and the on-demand economy is the first step towards ensuring that your business is ready to take on the challenges that 2021 may bring. 

Find success—on demand!

Traditional brick-and-mortar businesses have consistently been at the losing end when pitted against their tech-savvy rivals. When the COVID-19 pandemic caused lockdowns throughout the world in 2020, many brick-and-mortar businesses faced closure or were impacted negatively due to the lack of customers. Taking the example of the Mid-Atlantic region alone, over 50% of firms closed between January and May. This resulted in employment rates dropping by the same number and in many cases, even more.

Walk-ins are passé

Most traditional businesses rely on steady demand from walk-in or regular customers. A lot of these businesses also rely on this demand for cash-in-hand to continue operations. These businesses are hit hard by the lack of demand due to their near-total reliance on payments from customers. The on-demand home-services sector was hit hard, with most traditional stores shutting shop due to lockdowns or lack of demand. Larger companies such as Anago and Bathubatsu were able to pull through due to their large size, positive cash flows, and franchising models, but also suffered from lack of demand.

Why go the on-demand way?

Smartphone sales crossed the 1.5 billion mark in 2019. Newspapers, traditional print media, and yellow pages have consistently been losing readership, making mobiles the king when it comes to searching for information and services. Imagine your business expanding its reach to over 80 million people in the US alone, who account for nearly 42% of the adult population. These people typically live in urban areas and have helped on-demand startups such as Postmates, DoorDash, TaskRabbit, SweepSouth, JustLaundry, Kisafi, Wesabi, and many others overtake their traditional brethren in business volume even during the pandemic. These figures are more than impressive, and traditional print media or yellow pages cannot even come close to this in numbers alone.

How will the on-demand economy help my business?

The on-demand economy helps both providers and contractors. According to a joint survey conducted by Burson-Marsteller, the Aspen Institute and Time, nearly 22% of the adult population has offered their services or worked in the on-demand economy. These figures showcase the staggering untapped potential of the on-demand economy for brick-and-mortar businesses and how they can embrace the power of the internet and mobile apps to ride this wave of success.

  1. Work on-demand

Provide services through contractors when needed. No need to open your store every day to wait for customers to walk-in

  1. Earn through your platform

Manage payments online and earn commissions through services provided by your workforce

  1. Scale on-demand

Reduce or enhance your workforce without financial implications.

  1. Reduce fixed expenses

As you only pay your workforce when they complete a job, your fixed-cost commitments are reduced manifold.

  1. Reach a wider audience

Leverage the power of the internet and mobile technology to reach more customers than ever before!

Statistics from Intuit to help you make the switch

  •  Get a happier workforce: 70% – The percentage of satisfied workers
  • Get a younger, dynamic team: 51% – The percentage of young workers (under 35)
  • Provide services when customers want: 46% – The percentage of workers happy about flexible work timings
  • Get additional manpower on-demand: 63%- The percentage of workers using the on-demand economy for supplemental income
  • Improve your financial situation: 51% – The percentage of those who offered services in the on-demand economy and earned more than usual.

Some more facts and figures

  • Global online on-demand home services market size during the pandemic: US$281.9 billion
  • Estimated growth by 2027: US$4.1 trillion
  • Industry cumulative CAGR: 46.7% (2020-2027)
  • CAGR of home repair and maintenance: 49.3% (2020-2027)
  • US on-demand home services market: $87.5 billion
  • Regional market CAGR in USA, Canada, Europe, Africa: 39%
  • Total market size: US$500 billion
  • Employed professionals: 5 million+ (USA)

How can I scale my business with just an idea?

Uber and Airbnb were innovative ideas that scaled with the help of investor funding and became the unicorns of the on-demand industry. These two well-known names, coupled with international success stories such as Urban Company, SweepSouth, and Jiffy have made the on-demand home-service startup industry become one of the most-funded and highly sought-after avenues for funding around the world.

I love the idea, but is there a future in this?

According to Forbes, yes! As the world continues to reel from the after-effects of the COVID-19 pandemic, investors around the world are betting heavily on the on-demand home services economy to help individuals get more done every day. As people’s lives get even busier while working from home, on-demand home services and the on-demand economy remains their only hope to ensure that daily chores, cleaning, and repairs can be done without having to hunt through yellow pages and calling each provider to get quotes. On-demand platforms offer the convenience of getting the services your customers need from the comfort of their homes in one click!

If your brick-and-mortar business is looking for customers and a scalable workforce, look no further. Let our consultants help you get online, improve your finances, enhance your customer base and get more done! Schedule a meeting with our experts here.

On Demand Economy

 

post tags :

4,590 Comments

  1. MichaelFople January 5, 2025 at 3:16 pm - Reply

    visit this website [url=https://cryptomatrix.money/]Dex[/url]

  2. MichaelFople January 5, 2025 at 5:58 pm - Reply

    imp source [url=https://cryptomatrix.money/]Crypto trading[/url]

  3. Vivod iz zapoya rostov_vjpr January 5, 2025 at 8:51 pm - Reply

    алкоголизм лечение вывод из запоя ростов [url=http://vyvod-iz-zapoya-rostov231.ru/]алкоголизм лечение вывод из запоя ростов[/url] .

  4. DavidBaf January 6, 2025 at 3:50 am - Reply

    [url=https://forum.zaymex.ru/forums/debetovye-karty.9/]дебетовые карты[/url] – взять займ, смотреть фильмы онлайн

  5. Vivod iz zapoya rostov_kusr January 6, 2025 at 3:53 am - Reply

    вывод из запоя дешево ростов [url=https://vyvod-iz-zapoya-rostov233.ru/]вывод из запоя дешево ростов[/url] .

  6. Vivod iz zapoya rostov_igKa January 6, 2025 at 10:42 am - Reply

    вывод из запоя в ростове [url=www.vyvod-iz-zapoya-rostov232.ru/]вывод из запоя в ростове[/url] .

  7. DavidBaf January 6, 2025 at 4:24 pm - Reply

    [url=https://forum.zaymex.ru/forums/zaymy.23/]займ[/url] – банки россии, дебетовые карты

  8. AndrewSkync January 6, 2025 at 5:29 pm - Reply

    кликните сюда [url=https://vk.com/brows_makeup_kotlas]Макияж Котлас[/url]

  9. AndrewSkync January 6, 2025 at 6:49 pm - Reply

    подробнее [url=https://vk.com/brows_makeup_kotlas]Мастер макияж Вычегодский[/url]

  10. mostbetuahfgyedkr January 7, 2025 at 1:26 am - Reply

    Реєстрація на Мостбет займає лише кілька хвилин | Завантажте додаток Мостбет і отримайте доступ до всіх можливостей казино mostbet. | Mostbet original – це сучасний підхід до азартних ігор та ставок | Грайте у казино Mostbet та відчуйте справжній драйв [url=https://mostbetcasinouahfgy.com/]Mostbet сайт[/url].

  11. ff24e7b/comments_qssa January 7, 2025 at 9:12 am - Reply

    clockchok.ru [url=http://baikalinform.ru/pestraya-zhiznb/vostrebovannostb-turniketov-vidy-i-osobennosti-vybora-takih-sistem]http://baikalinform.ru/pestraya-zhiznb/vostrebovannostb-turniketov-vidy-i-osobennosti-vybora-takih-sistem[/url] .

  12. Brandonnarry January 7, 2025 at 4:48 pm - Reply

    view website [url=https://phantom-wallet.at/]phantom Download[/url]

  13. Tylertak January 28, 2025 at 2:25 am - Reply

    análisis de vibraciones
    Aparatos de ajuste: fundamental para el operación estable y efectivo de las máquinas.

    En el mundo de la innovación actual, donde la eficiencia y la seguridad del sistema son de alta trascendencia, los sistemas de ajuste cumplen un papel vital. Estos sistemas específicos están diseñados para calibrar y fijar piezas móviles, ya sea en maquinaria de fábrica, transportes de desplazamiento o incluso en equipos domésticos.

    Para los técnicos en mantenimiento de dispositivos y los ingenieros, trabajar con equipos de equilibrado es fundamental para promover el rendimiento suave y confiable de cualquier mecanismo dinámico. Gracias a estas alternativas tecnológicas avanzadas, es posible minimizar sustancialmente las vibraciones, el zumbido y la tensión sobre los soportes, mejorando la duración de partes importantes.

    Asimismo trascendental es el tarea que desempeñan los sistemas de equilibrado en la asistencia al comprador. El apoyo especializado y el soporte constante empleando estos dispositivos permiten brindar servicios de gran nivel, aumentando la bienestar de los clientes.

    Para los dueños de proyectos, la contribución en sistemas de ajuste y medidores puede ser importante para aumentar la rendimiento y eficiencia de sus dispositivos. Esto es especialmente relevante para los empresarios que administran reducidas y medianas organizaciones, donde cada elemento cuenta.

    También, los aparatos de calibración tienen una gran aplicación en el área de la prevención y el monitoreo de excelencia. Facilitan detectar posibles fallos, previniendo intervenciones costosas y daños a los dispositivos. También, los indicadores recopilados de estos equipos pueden usarse para mejorar procesos y mejorar la visibilidad en buscadores de consulta.

    Las zonas de implementación de los equipos de equilibrado abarcan múltiples áreas, desde la fabricación de vehículos de dos ruedas hasta el supervisión ambiental. No afecta si se considera de grandes elaboraciones productivas o modestos locales caseros, los aparatos de equilibrado son fundamentales para asegurar un rendimiento efectivo y sin fallos.

  14. Blainecer January 29, 2025 at 1:24 am - Reply

    [url=https://meqa.fo]m3ga[/url] – mega вход зеркало, мега купить

  15. Justintoinc February 2, 2025 at 1:29 am - Reply

    [url=https://kra-32-at.ru/]kra32.cc[/url] – Kra30.cc, кракен купить

  16. кодировка от алкоголя [url=http://www.kodirovanie-alkogolizma.site]кодировка от алкоголя[/url] .

  17. Bip39_gvpt February 3, 2025 at 8:12 am - Reply

    Bip39 [url=bip39-phrase.blogspot.com/2025/02/bip39-world-list-2048.html]Bip39[/url] .

  18. ThomasUnisk February 4, 2025 at 8:39 am - Reply

    visit this page https://myjaxxwallet.us/

  19. eskort moskva_ijKi February 8, 2025 at 6:25 am - Reply

    москва эскорт [url=https://t.me/escort_moscow_pro/]москва эскорт[/url] .

  20. FeltonSoaby February 8, 2025 at 1:02 pm - Reply

    check my site
    [url=https://jaxx-wallet.net/]jaxx liberty download[/url]

  21. Elmerinorb February 8, 2025 at 2:10 pm - Reply

    his response
    [url=https://myjaxxwallet.us/]jaxx classic[/url]

  22. MichaelNet February 8, 2025 at 3:52 pm - Reply

    click to investigate [url=https://jaxx-liberty.com]jaxx app[/url]

  23. MichaelNet February 8, 2025 at 5:09 pm - Reply

    read the full info here
    [url=https://jaxx-liberty.com/]jaxx app[/url]

  24. Elmerinorb February 8, 2025 at 7:19 pm - Reply

    click reference
    [url=https://myjaxxwallet.us/]jaxx download[/url]

  25. ArthurPam February 8, 2025 at 10:09 pm - Reply

    webpage [url=https://web-freewallet.com]app freewallet[/url]

  26. BarryGam February 9, 2025 at 6:52 pm - Reply

    from this source https://web-smartwallet.org

  27. Derekhuche February 10, 2025 at 8:55 pm - Reply

    try this site https://brd-wallet.com

  28. Dustypypok February 12, 2025 at 1:11 pm - Reply

    DeepSeek
    DeepSeek:探索未知的勇氣

    人類對未知的渴望從未停歇。從最初仰望星空,到如今深入海底,我們不斷拓展認知的邊界。DeepSeek,正是這種探索精神的象徵。

    它不僅僅是一個名字,更是一種態度。在科技領域,DeepSeek代表著對人工智慧極限的挑戰;在海洋探索中,它意味著對深海奧秘的追尋;在個人成長路上,它象徵著對自我潛能的挖掘。

    每一次DeepSeek,都是對舒適圈的突破。它需要勇氣面對未知,需要智慧解決難題,更需要堅持不懈的毅力。正是這種精神,推動著人類文明不斷向前。

    當我們以DeepSeek的姿態面對世界,就會發現:未知不再是恐懼的來源,而是充滿可能的寶藏。每一個未解之謎,都是通往新發現的大門;每一次深入探索,都能帶來意想不到的收穫。

    在這個充滿變數的時代,DeepSeek精神比以往任何時候都更加重要。它提醒我們:唯有保持好奇,勇於探索,才能在瞬息萬變的世界中找到屬於自己的方向。

  29. Raymondagind February 12, 2025 at 2:37 pm - Reply

    toto138
    toto138

  30. anany February 12, 2025 at 4:19 pm - Reply

    Металличекие двери от производителя в наличии.
    Любые конфигурации замков на выбор. Более 3500 моделей на складе: [url=https://korolev.vhodnye-metallicheskie-dveri.ru/]https://korolev.vhodnye-metallicheskie-dveri.ru/[/url]

  31. Timothyphync February 13, 2025 at 1:30 am - Reply

    hop over to here https://my-sollet.com

  32. Timothyphync February 13, 2025 at 6:50 am - Reply

    try this web-site https://my-sollet.com/

  33. Marvinbruiz February 13, 2025 at 9:59 pm - Reply

    Управление строительными проектами
    Координация сооружаемыми объектами и реновация объектов недвижимости: ключевые услуги компании AC Holding

    Предприятие AC Holding уже за 22 лет продуктивно функционирует на строительном рынке сфере, предлагая широкий ассортимент работ в области возведения, модернизации и реставрации. За это время мы выполнили больше 900 объектов, с учетом 300 реконструкционных работ, что свидетельствует наш опыт и качественное результат выполнения объектов. Наши работы включают как значительные возводимые сооружения, так и восстановление помещений, что делает надежным компанией для потребителей любого уровня.

    Организация возводимыми проектными работами

    Одним из главных из ключевых сфер функционирования AC Holding является координация строительно-монтажными проектными решениями. Мы осуществляем целый перечень работ: от планирования и утверждения документации до ввода в эксплуатацию сооружения в функционирование. Наши сотрудники имеют значительными навыками и многолетним работой, что позволяет осуществлять даже наиболее запутанные работы. Мы обеспечиваем следование дедлайнов, расходов и качественных стандартов результата.

    Наши услуги предусматривают:

    Возведение офисных и жилищных объектов.

    Реновация и реставрация сооружений.

    Фронтальные и кровельные задачи.

    Электротехнические работы и модернизация электропроводки.

    Планирование и проектный планировка.

    Каждый отдельный задача контролируется строгим проверкой качества, а все наши специалисты ежегодно проходят этап сертификацию. Дополнительным ключевым гарантией ответственности компании являются сертификаты на все категории строительных объектов, а также доступность сертификатов ISO качества, контроля труда и экологической контроля.

    Восстановление и реконструкция строений

    Поддержание архитектурного объектов — одна из основных целей современного сооружения. AC Holding занимается на реновации исторических объектов, сочетая традиционные подходы деятельности с инновационными технологиями. Мы понимаем, что такие уникальные работы предполагают особого планирования, и наши сотрудники качественно планируют каждый процесс, чтобы сохранить уникальность проектов.

    Наши работы в этой направлении предусматривают:

    Реновация внешних поверхностей и внутреннего дизайна.

    Стабилизация конструкций сооружений.

    Реставрация декоративных элементов.

    Интеграция передовых инфраструктурных систем без потери для исторического вида.

    Зачем предпочитают AC Holding?

    22 года работы на строительном рынке.

    900 завершенных объектов, с учетом реставрацию и перестройку.

    Обеспечение уровня на все сданные задачи.

    Комплексный подход — от создания до ввода в эксплуатацию сооружения.

    Квалифицированные работники и передовое оснащение.

    Отправьте заявку на нашем платформе, и наши эксперты свяжутся для уточнения с вами для планирования условий.

  34. Forrestsmuct February 14, 2025 at 7:54 am - Reply

    find out here [url=https://valorantskinchanger.pro/]skin change valorant[/url]

  35. Forrestsmuct February 14, 2025 at 10:36 am - Reply

    click here to find out more [url=https://valorantskinchanger.pro/]valorant skin changer[/url]

  36. Forrestsmuct February 14, 2025 at 4:57 pm - Reply

    try this website [url=https://valorantskinchanger.pro/]valorant skin changer[/url]

  37. CharlesTug February 14, 2025 at 8:02 pm - Reply

    [url=http://lordfilm-w.com/serialy/]онлайн сериалы бесплатно[/url] – аниме в хорошем качестве, фильмы вышедшие онлайн

  38. CharlesTug February 15, 2025 at 2:52 am - Reply

    [url=http://lordfilm-w.com/multfilmy/]мультфильмы онлайн [/url] – смотреть аниме бесплатно онлайн, смотреть аниме бесплатно онлайн

  39. MarvinAmbum February 15, 2025 at 4:51 am - Reply

    [url=https://kra27.ca]кракен сайт[/url] – кракен онион, kraken ссылка

  40. Richardalulp February 15, 2025 at 8:30 am - Reply

    Unlock New Opportunities with MachFi.

    MachFi is at the forefront of decentralized finance on the Sonic Chain, providing an advanced borrow-lending platform. Our platform supports custom trading strategies, helping you unlock the full potential of your digital assets in a decentralized environment. visit to https://machfi.net/

    Key Features of MachFi:

    – Sonic Chain: Fast, secure, and reliable blockchain for DeFi transactions.
    – Customizable Lending: Choose strategies that work best for you.
    – Higher Returns: Capitalize on innovative DeFi solutions for superior returns.

    Join MachFi now and redefine your digital financial strategy!

  41. MarvinAmbum February 15, 2025 at 9:54 am - Reply

    [url=https://kra27.ca/]tor kraken[/url] – кракен, площадка kraken

  42. MarvinAmbum February 15, 2025 at 11:01 am - Reply

    [url=https://kra27.ca]kraken зеркало официальный[/url] – kraken отзывы, kraken зеркало

  43. MarvinAmbum February 15, 2025 at 12:07 pm - Reply

    [url=https://kra27.ca/]тор kraken[/url] – kraken шоп, кракен зеркала

  44. Richardalulp February 15, 2025 at 12:53 pm - Reply

    MachFi: Revolutionizing DeFi with Sonic Chain.

    MachFi is leading the way in decentralized finance (DeFi), offering a next-gen borrow-lending platform on the Sonic Chain. Our platform supports customizable trading strategies, giving users more control over their assets in a secure, decentralized ecosystem. visit to https://machfi.net/

    Why Choose MachFi?

    – Decentralized: Powered by the Sonic Chain for transparency and security.
    – Flexible Borrow-Lending: Tailored to your financial goals with custom trading strategies.
    – Innovative Technology: Harness the power of the latest blockchain technology to maximize yields.

    Start your journey with MachFi today and experience the future of DeFi!

  45. MarvinAmbum February 15, 2025 at 8:31 pm - Reply

    [url=https://kra27.ca]kraken онион[/url] – kraken market, kraken ссылка зеркало рабочее

  46. Sazrtyp February 15, 2025 at 9:06 pm - Reply
  47. MarvinAmbum February 15, 2025 at 11:23 pm - Reply

    [url=https://kra27.ca]kraken магазин[/url] – кракен питер, kraken шоп

  48. MarvinAmbum February 16, 2025 at 2:16 am - Reply

    [url=https://kra27.ca]kra27 ca[/url] – tor kraken, kra27 ca

  49. Waltervob February 16, 2025 at 3:06 pm - Reply

    Why MachFi is a Game Changer in DeFi.

    With MachFi, DeFi on the Sonic Chain reaches new heights. Our unique borrow-lending platform allows users to create custom trading strategies that suit their needs and optimize performance. visit to https://machfi.net/

    Why MachFi?

    – Security: Built on the Sonic Chain’s robust blockchain technology.
    – Flexibility: Custom strategies for lending and borrowing.
    – Efficiency: Fast, reliable transactions with lower fees.

    Experience the next generation of DeFi with MachFi.

  50. Williamzew February 17, 2025 at 9:55 am - Reply

    why not check here
    [url=https://337store.pro/]Date of Birth[/url]

Leave A Comment