online rental startup the most profitable business idea of recent times
TRANSCRIPT
Online Rental Business
Business Model of the Most
Popular Startup Idea
A Profitable Online Business Idea
Nobody wants to keep old things like furniture, jewelry, toys at home
for a long time even though they are durable and in good condition. But they are forced to. People shop them too often despite the fact
that such items don’t worn out easily, which ultimately leads to
abundance of used products like electronics, books and furniture. This gives rise to the need of a renting marketplace where people
can rent out old items and buy new articles.
Successful Rental Businesses
People happily rent their unused items to earn extra income and
entrepreneurs earn commission by bridging the gap between
owners and renters through their rental marketplace. Due to less
players in the field, this online business domain enjoys less
competition.
Business Model of A Renting Marketplace
Website Admin
The admin manages the
entire rental
marketplace. When a
renter selects an item
to rent, the fee is
deposited in admin’s
account, which is
submitted to the owner
of the item after
deducting admin’s
commission.
Owner
List items on rental
marketplace and manages
booking requests.
Renter
Browse through available
items and upon renting it, pays
the fee to website admin using
the marketplace’s payment
gateway
View Detailed Features Of Online Renting Portal to know more
Revenue Generation Methods
Online Advertisements
Commissions
Sponsored Listings
Niche Rental Businesses
Online textbook
rental website
Online rent
campsites & open
spaces website
Online outdoor
sports gear
rental website
Online rental
property
management
Online dress
rental
business
Online car
renting
marketplace
How To Start A Renting Portal?
No Need To Wait For Months To Build Your Online Rental Portal.
Yo!Rent cuts down the time of planning and brainstorming. The
system provides entrepreneurs with a well-planned and feature rich solution to launch online rental website in a matter of few days.
What is Yo!Rent
Yo! is a online rental website builder
that gives absolute freedom to
create a P2P renting marketplace as per the
budget & business goals of various entrepreneurs.
View demo here - http://www.demo.yo-rent.com/
Features of Yo!Rent
Quick website set-up
Smart Review
Management
Social Media Features
Fully Customizable Script Mobile Optimized
Search Engine Friendly
E-Mail Notifications
& Templates
User Ranking
Management
Have A Query About Online Rental Portal?
Get in Touch to discuss everything from cost to
website requirements.
Phone: +91 95555 96666 Email: [email protected]
http://www.fatbit.com/ Yo!Rent ( A product of FATbit Technologies )