The "sharing economy" refers to an economic pattern that aims to obtain a resource that is not fully utilized.[73] Nowadays, the sharing economy has had an unimagined effect on many traditional elements including labor, industry, and distribution system.[73] This effect is not negligible that some industries are obviously under threat.[73][74] The sharing economy is influencing the traditional marketing channels by changing the nature of some specific concept including ownership, assets, and recruitment.[74]
Because digital marketing has so many options and strategies associated with it, you can get creative and experiment with a variety of marketing tactics on a budget. With digital marketing, you can also use tools like analytics dashboards to monitor the success and ROI of your campaigns more than you could with a traditional promotional content -- such as a billboard or print ad.
×