Shareability:

Products and services can be shared within a community or market, which can be local or global.

Advanced digital networks:

The sharing economy relies heavily on advanced digital networks. Data gathered from the exchange regarding the parties involved, and the product can be traced in real time.

Immediacy:

Users of the sharing economy can access shared goods and services at their physical location.

Social media driven promotion:

Advertising of the product is replaced with promotions that are driven by social media platforms.

Global in scale and potential:

The sharing economy can be scaled globally and has high potential.