Lynk & Co sharing system Lynk & Co sharing system
Lynk & Co app Lynk & Co app
Mini Vision Next 100 Mini Vision Next 100
Mini Vision Next 100 Mini Vision Next 100

Preview: Post-ownership Products

04 : 04 : 2017 Civic Brands : Peer-to-peer : Product Design

Global – The continued rise of peer-to-peer networks is fuelling a new wave of products that are designed to be shared rather than owned.

  • Economists at the 2017 World Economic Forum predicted that by 2030 Millennials won’t own anything any more
  • Growth in peer-to-peer transactions means the UK’s sharing economy value could reach £140bn ($176bn, €162bn) by 2025, according to PricewaterhouseCoopers

Sharing-economy platforms, particularly in the automotive and housing sectors, are now expanding into post-ownership networks built around communal products.

One brand that has designed for multiple owners from the start is Lynk & Co. The automotive company offers consumers the option of merged usage, where products are shared within an informal community. The ‘buyer’ will pay a monthly subscription fee for his or her vehicle, and the model makes sharing easy as the owner will be able to grant access to others via a digital key, and will be able to track the location of the car.

Airbnb is also working towards making home-owners more comfortable creating shared spaces through its partnership with smart home provider Vivint.

The Big Picture

As consumers become less concerned with physical possessions, brands will need to design their products to appeal as a shared resource. For more, read our Post-ownership Products microtrend.

Discover More Daily Signals
Football Manager and Sky Sports turn female gamers into real-life football coaches to close gender gap

Daily Signals

Football Manager and Sky Sports turn female gamers into real-life football coaches to close gender gap

Xbox, Sky Sports and Football Manager have launched Missing Managers, a campaign created with McCann London that turns gaming into a real-world coa...
Sport : Gaming : Technology
Foresight Friday: Rose Coffey, senior foresight analyst

Daily Signals

Foresight Friday: Rose Coffey, senior foresight analyst

Every Friday, we offer an end-of-week wrap-up of the topics, issues, ideas and virals we’re all talking about. This week, senior foresight analyst ...
Retail : Consumer Behaviours : New Codes Of Value
Stat: Gen Z women in the UK feel the sharpest gender tensions

Daily Signals

Stat: Gen Z women in the UK feel the sharpest gender tensions

New research from King’s College London and Ipsos suggests that while public discourse often frames gender as a battleground, most citize...
Society : Gender : Statistic
Porsche taps into the kidult economy

Daily Signals

Porsche taps into the kidult economy

Porsche is accelerating into the collectable art economy with a collaboration that merges automotive heritage and pop culture.
Mobility : Design : Pop Culture & Media
Maison Margiela Residences unveiled in Dubai

Daily Signals

Maison Margiela Residences unveiled in Dubai

Parisian fashion house Maison Margiela is extending its avant-garde design language into residential living, choosing Dubai’s Palm Jumeirah for its...
Luxury : Design : Architecture
Stat: High earners no longer feel rich as UK wealth perceptions shift

Daily Signals

Stat: High earners no longer feel rich as UK wealth perceptions shift

According to a new wealth survey by Times Money and YouGov, just 21% of Britons earning more than £125,000 ($164,5000, €142,085) a year consid...
Wealth : Society : Statistic
Johnnie Walker rewrites Keep Walking for the individualist age

Daily Signals

Johnnie Walker rewrites Keep Walking for the individualist age

Diageo-owned whisky brand Johnnie Walker is updating its iconic Keep Walking platform to focus on personal expression over collective milestones, r...
Drink : Design : Branding
Dubai opens first restaurant led by an AI chef

Daily Signals

Dubai opens first restaurant led by an AI chef

Woohoo is Dubai’s latest restaurant opening, where the menu is created by an AI system rather than a traditional chef. The concept emerged after re...
Technology : Food : Hospitality
Stat: UK study reveals a generation of young boys feel unseen

Daily Signals

Stat: UK study reveals a generation of young boys feel unseen

Male Allies UK has unveiled a stark snapshot of how boys across Britain are navigating identity, belonging and uncertainty. 
Society : Masculinity : Manosphere
Ricola launches herbal-scented scarves for flu season

Daily Signals

Ricola launches herbal-scented scarves for flu season

Ricola, the Swiss herbal wellness manufacturer known for its cough sweets, has launched a limited-edition scented scarf collection that transforms ...
Fashion : Advertising : Health & Wellness
You have 2 free News articles remaining. Sign up to LS:N Global to get unlimited access to all articles.
BECOME A MEMBER
SIGN IN