Monday, March 21, 2011

Zilok: Consumption Innovation

Recently my class watch a TED talk about new innovations on consumption.  This idea of sharing with one another through technology.  I think her idea could reduce waste, save money, or even make you money!  One of the ideas she spoke about in her talk was Zilok.  It is free to join and has some small transaction fees. It is ebay but is actually "the #1 online rental marketplace site."   Basically you can post stuff you want to let people rent and make money.  There are 3 ways to pay on Zilok, credit card, paypal, and
ClickandBuy.  There are so many things on this website too.  From wedding dresses to car rentals to even log cabins in Lake Tahoe, there is such a wide variety.  You could save a lot of money from this instead of buying the actual things.  You really only need the uses not the space associated with it.  Furthermore, you could put stuff you don't use on this website and make money off other people renting your unused stuff.  It is a win win situation.  Plus we as a human race will stop cluttering the Earth.  It didn't seem their was a lot of people on it and one major thing is needed, TRUST.  I think if this site becomes bigger and trust stronger, it will benefit more and more people.  It is a neat idea that has to ignite.

Today, Zilok brings together:
  • More than 200,000 monthly visitors looking for something to rent
  • 400 rental businesses listing their inventory
  • 40,000 rental items available for rent

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