How to Get Into the On-Demand Economy - Blog - Vivim

How to Get Into the On-Demand Economy

How to get into the on-demand economy?

The on-demand market model works across every sector of the economy. You only have to remember its basic principle of operation. Adopting these principles will guarantee that you enjoy the benefits that come with the On-Demand economy. This is how to get into the on-demand territory.

  1. Identify your industry
    • The first stage in joining this economy is to identify your niche.
    • Niche can be done through conducting a market survey.
  2. Create an awesome app:
    • The number one thing that makes the On-demand economy tick is the app that works like clockwork.
    • Simplicity in designing your app should be your top objective if you don’t want to drive your clients away.
  3. Go for value chain optimization:
    • Value chain optimization should be your next goal. The whole on-demand business model runs on the principle of convenience and speed.
    • The waiting time between ordering and delivery should be reduced as much as possible.
  4. Build your network by attracting users:
    • An on-demand business app is useless unless you get numerous suppliers and visitors to interact on it.
    • The secret to making it here is to build a network right from the beginning.