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Smartphone Favor Systems

The NeighborFavor App Makes Lending a Helping Hand Rewarding

— December 25, 2011 — Lifestyle
House hermits may never have to leave home again thanks to the NeighborFavor app. NeighborFavor is a new iOS and Android app that makes it easy to request favors from friends who are out and about.

The NeighborFavor app is designed specifically for lazy college students who can't be bothered to drop their controllers to get more milk. The app lets you see where your friends are (friends using the app that is) so that you can ask them for a favor. The favor comes with a monetary incentive that can be negotiated between the two parties. Once the job is accepted and the goods delivered the payment is made via PayPal. If you find yourself out and about a lot then there is the potential to make some serious coin with the NeighborFavor app.
Trend Themes
1. On-demand Favor Economy - The NeighborFavor app taps into the growing trend of on-demand services, allowing users to request and fulfill favors for monetary compensation.
2. Hyper-local Social Networks - NeighborFavor's reliance on a user's existing social network and geographic proximity opens up possibilities for more hyper-local social networks with on-demand features.
3. Gamification of Social Impact - By incentivizing good deeds and neighborly behavior, NeighborFavor can inspire other apps to gamify social impact in order to promote positive action and community building.
Industry Implications
1. Gig Economy - NeighborFavor's business model and emphasis on flexible work opportunities aligns with the growth of the gig economy and presents opportunities to expand into other on-demand labor industries.
2. Social Media - As a mobile app that leverages a user's existing social network, NeighborFavor's growth and success could inspire social media platforms to expand their functionality to include on-demand services.
3. Crowdsourcing - NeighborFavor's implementation of monetary incentives for favors aligns with the ideals of crowdsourcing, and presents opportunities for other crowdsourcing platforms to adopt similar models for more pragmatic purposes.
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