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.
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Work on-demand
Provide services through contractors when needed. No need to open your store every day to wait for customers to walk-in
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Earn through your platform
Manage payments online and earn commissions through services provided by your workforce
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Scale on-demand
Reduce or enhance your workforce without financial implications.
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Reduce fixed expenses
As you only pay your workforce when they complete a job, your fixed-cost commitments are reduced manifold.
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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.
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골드리치는 길고긴기간 투자자분들과 더불어 선물시장의 행로을 함께 여정을했습니다, 고객분들의 보장된 자금운용 및 높은 수익률을 지향하여 계속해서 최선을 기울이고 있습니다.
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국외선물이란?
다양한 정보를 참고하세요.
외국선물은 외국에서 거래되는 파생상품 중 하나로, 명시된 기초자산(예시: 주식, 화폐, 상품 등)을 바탕로 한 옵션계약 계약을 의미합니다. 기본적으로 옵션은 명시된 기초자산을 미래의 특정한 시기에 정해진 가격에 매수하거나 매도할 수 있는 권리를 허락합니다. 국외선물옵션은 이러한 옵션 계약이 해외 시장에서 거래되는 것을 뜻합니다.
해외선물은 크게 매수 옵션과 풋 옵션으로 나뉩니다. 매수 옵션은 특정 기초자산을 미래에 정해진 가격에 매수하는 권리를 제공하는 반면, 매도 옵션은 특정 기초자산을 미래에 일정 금액에 매도할 수 있는 권리를 제공합니다.
옵션 계약에서는 미래의 명시된 날짜에 (만료일이라 칭하는) 일정 가격에 기초자산을 매수하거나 매도할 수 있는 권리를 보유하고 있습니다. 이러한 가격을 행사 금액이라고 하며, 만료일에는 해당 권리를 실행할지 여부를 판단할 수 있습니다. 따라서 옵션 계약은 투자자에게 향후의 시세 변화에 대한 안전장치나 수익 창출의 기회를 제공합니다.
외국선물은 시장 참가자들에게 다양한 운용 및 매매거래 기회를 마련, 외환, 상품, 주식 등 다양한 자산군에 대한 옵션 계약을 망라할 수 있습니다. 거래자는 매도 옵션을 통해 기초자산의 하향에 대한 보호를 받을 수 있고, 매수 옵션을 통해 활황에서의 수익을 겨냥할 수 있습니다.
국외선물 거래의 원리
행사 가격(Exercise Price): 해외선물에서 행사 가격은 옵션 계약에 따라 명시된 가격으로 약정됩니다. 만기일에 이 가격을 기준으로 옵션을 행사할 수 있습니다.
만료일(Expiration Date): 옵션 계약의 만기일은 옵션의 행사가 허용되지않는 마지막 날짜를 의미합니다. 이 일자 다음에는 옵션 계약이 소멸되며, 더 이상 거래할 수 없습니다.
매도 옵션(Put Option)과 매수 옵션(Call Option): 매도 옵션은 기초자산을 명시된 가격에 매도할 수 있는 권리를 부여하며, 매수 옵션은 기초자산을 특정 금액에 매수하는 권리를 허락합니다.
옵션료(Premium): 국외선물 거래에서는 옵션 계약에 대한 프리미엄을 납부해야 합니다. 이는 옵션 계약에 대한 비용으로, 시장에서의 수요량와 공급량에 따라 변화됩니다.
실행 방안(Exercise Strategy): 투자자는 만료일에 옵션을 행사할지 여부를 결정할 수 있습니다. 이는 마켓 환경 및 거래 전략에 따라 상이하며, 옵션 계약의 이익을 극대화하거나 손실을 감소하기 위해 판단됩니다.
시장 위험요인(Market Risk): 해외선물 거래는 마켓의 변동성에 효과을 받습니다. 가격 변동이 예상치 못한 방향으로 일어날 경우 손실이 발생할 수 있으며, 이러한 마켓 위험요인를 감소하기 위해 거래자는 전략을 구축하고 투자를 설계해야 합니다.
골드리치증권와 함께하는 외국선물은 보장된 신뢰할 수 있는 운용을 위한 최적의 옵션입니다. 투자자분들의 투자를 지지하고 가이드하기 위해 우리는 전력을 다하고 있습니다. 공동으로 더 나은 미래를 지향하여 나아가요.
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Thanks for your post. One other thing is when you are disposing your property all on your own, one of the problems you need to be aware about upfront is just how to deal with house inspection accounts. As a FSBO supplier, the key about successfully shifting your property in addition to saving money in real estate agent commission rates is knowledge. The more you realize, the smoother your sales effort might be. One area in which this is particularly important is inspection reports.