product service system

Peer-to-peer product service systems

Article: Peer-to-peer product service systems

Sustainability advocates generally love the product service system model because, in theory, it reduces consumption, and provides the owners of the products with incentives to maintain those items for as long as possible. You may associate this business model with movie rental (Netflix) or car-sharing (Zipcar), but the types of products offered on a “rental” model continues to grow: designer handbags and dresses, for instance, are now available in this manner.