The sharing economy continues to rise with the introduction of Furnishare. This startup seems to complement Airbnb in a way. It allows people to rent out the furniture they aren't currently using, but don't want to give up permanently. As for the upside on the other side of the Furnishare transaction? Those you rent it out get to furnish their new place on a dime.
Currently only servicing New York City, Furnishare acknowledges the need for denser communities and small transportation costs for its current model to make any money. With a wide collection that features pieces from CB2, West Elm, Ethan Allen, Pottery Barn and, of course, Ikea as well as vintage pieces, Furnishare is a promising business.
Furniture Sharing Startups
Furnishare Lets People Rent Out Their Unused Furniture
Trend Themes
1. Furniture Sharing - Disruptive innovation opportunity: Develop a platform for sharing furniture in other major cities to cater to the growing demand for flexible and affordable home furnishing options.
2. Sharing Economy - Disruptive innovation opportunity: Create a platform that allows people to share a wider range of items, such as electronics and appliances, to enhance resource sharing and reduce waste.
3. Sustainable Living - Disruptive innovation opportunity: Build a business that offers eco-friendly furniture rental options, promoting a more sustainable and circular economy.
Industry Implications
1. Furniture Rental - Disruptive innovation opportunity: Introduce a subscription-based furniture rental service that provides customers with a constantly refreshed selection of high-quality furniture.
2. Home Sharing - Disruptive innovation opportunity: Develop a platform that combines home sharing and furniture sharing, allowing homeowners to offer fully furnished accommodations for temporary stays.
3. Online Marketplace - Disruptive innovation opportunity: Create an online marketplace specifically for furniture sharing, connecting people looking to rent furniture with those looking to monetize their unused pieces.