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Lifestyle

"Collaborative Consumption": Save Your Coins and Swap

02:34

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April 2, 2012

Buying is out, sharing is in! This sums up the new Internet trend where all kinds of goods and services are being swapped. They call it: "collaborative consumption".

"See what friends and neighbors own and what they share for free." This is how the online exchange site frent.com welcomes its visitors. Users enter into the site what they have to share, from to cars and guitars. It's all in the name of "collaborative consumption", where one object is shared, swapped and lent among many people. Other websites are also catching onto the trend, such as online rental marketplace erento.com.

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