table of contents
People are imperative — Or we can say, they want everything right away, in other words, it’s what called Instant Gratification, but is it affecting On-Demand Economy? What millennials really want?
In the fast and Instant world, technologies are playing an important role in our day to day life which also includes our economy, while you think about how it’s affecting your life let’s discuss more the topic.
What is Instant Gratification?
Dividing the words, Instant is quite descriptive itself and gratification is pleasure, especially when gained from the satisfaction of a desire collectively meaning “Instant pleasure”.
We were always taught to work hard for gratification or delayed gratification but “Millennials want everything now”.
How instant gratification and On-Demand economy-related?
The on-demand economy has brought many reforms in our lives. Cab booking, food delivery, house rentals – basically every industry has been transformed by the on-demand business model in one way or another. At its core, the on-demand economy is a business, service, or product built on letting users request a physical object, a piece of data, service and have that request fulfilled.
The main reason for On-Demand apps is Instant Gratification, people want everything right now and it is fulfilled by these apps with quite a good efficiency. Everything is there in your hand most of them on your mobile phone, just some taps and swipes, you’ll get what you want.
Effect of Technology
Technological growths are making this economy reach more and more people and with an increase in technology in developing countries like India this is taking new shapes, instant gratification is getting common within people, more new apps are introduced every day more and more things are getting closer to people through mobile apps. Do you want a Haircut? try Urban Clap.
Do you want to eat pizza? Try Zomato. Before people used to rely upon Websites but now you have apps, Before people used to use Computers or laptops but with advancements in technology applications in your mobile phone will give you whatever you want!
See also: Our guide to creating a food delivery platform like Zomato
Trends in On-Demand Economy
So, if we go for the facts then for 2017, around 299.24 million people are using smartphones in India and it’s increasing exponentially. Looking for the revenues generated by the On-Demand App companies, they are getting some really good amount of revenues, Ola and Uber generated Rs 533 cr and Rs 233 cr respectively. Online education providing companies are also getting spotlights in the market, taking the example of Byju’s which generated a revenue of Rs 530 cr. In the last few years, the market for such On-Demand apps has increased a lot.
With the giants making so many big investments and funding for the companies in this sector and with comparatively low prices these companies are quick on the trigger for bringing new things for the customers in every segment which can ease our lives.
Why are people attracted to the On-Demand economy?
The on-demand economy works upon these basic rules:
- Good products at low prices as the intermediate steps are removed.
- Fast delivery of Goods and Services.
- Better connectivity between suppliers and customers.
- Saves time of the customers as they get what they want simply sitting at home.
- Availability of a vast range of products in one place.
Conclusion
The new generation and facts concluded that the on-demand economy is not just the future; it’s like a superhero saving business and potential entrepreneurs.
As an entrepreneur, you always try to find more and more answers to the problems faced by their potential customers, right now it’s on-demand. It is very much time to adapt and integrate on-demand economy service with your business to generate new profits to save your business from getting outdated. Try it, cherish and grow with it.
post tags :
3,948 Comments
Comments are closed.





buy semaglutide pills [url=https://rybelsus.shop/#]rybelsus coupon[/url] buy rybelsus online
https://ozempic.art/# ozempic cost
ozempic generic [url=https://ozempic.art/#]ozempic online[/url] Ozempic without insurance
ozempic online: ozempic cost – ozempic generic
https://ozempic.art/# ozempic
http://ozempic.art/# buy cheap ozempic
pin up aviator [url=http://pinupturkey.pro/#]pin up guncel giris[/url] pin up aviator
пин ап: пинап кз – пин ап казино
pin up guncel giris: pin up giris – pin-up casino giris
http://pinupru.site/# пин ап
pin up azerbaijan [url=https://pinupaz.bid/#]pin up az[/url] pinup azerbaycan
пин ап https://pinupturkey.pro/# pin up aviator
пинап кз
pin up bet: pin up – pin up casino guncel giris
pin up казино [url=https://pinupru.site/#]pin up[/url] пин ап казино
pin up casino giris: pin up – pin up casino
пин ап казахстан https://pinupru.site/# пин ап вход
пин ап казино
pin up casino: pin up guncel giris – pin up bet
pin up aviator: pin-up casino giris – pin up aviator
пинап казино [url=http://pinupkz.tech/#]пин ап казино онлайн[/url] пин ап казино
https://pinupru.site/# pin up казино
pin up: pin up aviator – pin up casino
пин ап кз http://pinupkz.tech/# пинап казино
пин ап кз
пин ап [url=http://pinupkz.tech/#]пин ап кз[/url] пин ап казино онлайн
http://pinupaz.bid/# pinup az
pin up azerbaijan [url=https://pinupaz.bid/#]pin up azerbaijan[/url] pin-up kazino
pin up azerbaijan: pin up 306 – pin-up oyunu
pin up казино http://pinupru.site/# пин ап официальный сайт
pin up казино
http://pinupaz.bid/# pin up casino
pin up aviator [url=https://pinupturkey.pro/#]pin up guncel giris[/url] pin up giris
pin up casino guncel giris: pin up – pin up casino
пинап казино https://pinupturkey.pro/# pin up
пин ап казахстан
https://semaglutide.win/# rybelsus cost
where can i buy zithromax capsules
https://stromectol.agency/# ivermectin 6 tablet
how to get zithromax online: zithromax for sale – zithromax 500 mg
http://stromectol.agency/# ivermectin 400 mg
https://gabapentin.auction/# neurontin 400 mg capsule
https://amoxil.llc/# order amoxicillin 500mg
buy zithromax 1000mg online
zithromax canadian pharmacy: buy zithromax z-pak online – zithromax over the counter
https://semaglutide.win/# cheap Rybelsus 14 mg
http://amoxil.llc/# buy amoxicillin canada
https://semaglutide.win/# rybelsus
zithromax 500mg price in india
http://semaglutide.win/# buy semaglutide online
amoxicillin price canada: cheapest amoxil – where can you get amoxicillin
Znáte nějaké metody, které by pomohly omezit krádeže obsahu? Rozhodně bych ocenil
https://semaglutide.win/# cheap Rybelsus 14 mg
purchase zithromax online
buy rybelsus: buy rybelsus – Rybelsus 7mg
https://amoxil.llc/# purchase amoxicillin 500 mg
http://zithromax.company/# zithromax 250 mg tablet price
buy minocycline 100mg tablets [url=http://stromectol.agency/#]minocycline 50 mg[/url] buy minocycline 50mg tablets
https://amoxil.llc/# can you buy amoxicillin uk
zithromax azithromycin