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Why offer Rental?
Repeatable. Rental. Revenue.
Expanded
customer base
Repeatable.
Attract and build a new customer base. Rental enables more customers to access your items while you expand your addressable market.
Improve stock utilisation
Rental.
Unlock cash tied up in stock with a rental option. Offer rental options on selected line items and turn stock into repeatable revenue.
Increased profitability
Revenue.
Generate as much as 5 times the traditional profit from just one full month's rental. Maintain asset ownership and repeat month after month.
Sale vs Rental
One-Time Revenue Model
Stock Price: £350
Sale Price: £500
Potential profit: £150
Repeatable Revenue Model
Average Rental period: 5 days
Average rental charge: £83
1 months Potential Rental Revenue: £498
+ retained stock value: £300
Repeat. Month after Month.
Use Rental to increase revenue from Returns, Used and B-grade stock
Use rental to increase the value of returned goods. An alternative to heavy discounting stock that cannot be classed as new.
Generate recurring from a single stock item. Repeatable. Rental. Revenue.
Continued asset ownership means the value locked in stock can be realised repeatably. After multiple rentals and increased revenue, sell the same stock through traditional sale channels.
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