How can your business get a slice of the sharing economy pie?

A collaborative sharing economy is gaining traction and redefining a new standard of commerce around the world.

While gumtree, Uber and Airbnb have cemented themselves in the South African economy, we are still lagging behind

702's Azania Mosaka spoke to collaborative consumption enthusiast, Lauren Wallet, regarding how small businesses can leverage the sharing economy for their businesses.

You can live a streamlined life which also promotes old school values like trusting people, sharing, consideration.

Lauren Wallet, collaborative consumption enthusiast

On-demand cleaning service, SweepSouth, connects those looking for a cleaner with cleaners looking for jobs in the area. The Johannesburg-based start-up has since built a database of hundreds of cleaners that operates as part of a shared economy.

She said it was important for businesses should carve out their own niche and customise it to specific clients needs to keep large corporations from copying the same services.

Listen to the interview below:

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