Problems and Solutions about the Closet-sharing Online Platforms in China

Abstract

As a member of sharing economy, clothes rental, so called closet-sharing economy has become quite mature in several countries; but the development of closet-sharing platforms in China is still in the initial stage. What kind of weakness do Chinese closet-sharing companies have in their running mode? What can they learn from their foreign counterparts? This paper analyses the business mode of some closet-sharing platforms in China, compares them with successful foreign closet-sharing platforms, points out the problems and gives some advice to these closet-sharing companies in China. The analyses show that closet-sharing platforms in China have difficulties to keep clothes clean, to offer enough clothes types, to deliver them to customers in time, and to protect the rights of customers. To solve these problems, several actions such as setting up their own washing center could be taken.