Nowadays consumers are keeping on searching everything online, it may be anything either services that are nearby or the shops. The survey shows that nearly 209.6 million people from the US prefer online shopping. Because it gives full flexibility from comparing the price to browsing similar products.
It is also expected to reach 230.521 million at the end of 2021. We used to buy everything through online stores, mainly electronic gadgets. Similarly, people are getting audio and visual equipment for rental for big events or parties. People used to prefer AV rental because it is less expensive than owning it.
If you’re an enthusiastic entrepreneur looking for a rental business then we prefer you to choose AV rental business. The global survey of the events is expected to reach 10.3% CAGR at the end of 2026. This shows the demand for the AV rental business. You can quickly start your own AV rental business now without owning a physical store or equipment.
This blog is all about Av rental business and how SpotnStay helps you to stay ahead among your competitors by branding your rental business. Before getting into the SpotnStay service. Here, let me explain the reasons why you should get adopted to application software for your rental business.
The global market value for Audio Visual (AV) industry is set to grow $247 billion at the end of 2024. AV rental plays an important role in every industry and it is expected to show significant growth in the upcoming years. A constant increase in the AV equipment brings the people to rent it for a certain period of time.
There are different sorts of AVs in the market that can’t be identified easily so here comes the need for the software. Where you can update your equipment with full details so that customers can easily check it and filter their needs. Despite the quick rising of the GenZ people, the AV rental business has huge value in the marketplace.
One such solution is available in the SpotnStay, where you’re allowed to track, manage, update the offers and discounts seamlessly with just a few taps on your dashboard. Keep reading to know more about our service and your application features.
SpotnStay AV equipment rental software
SpotnStay AV equipment rental software enables the rental business to monitor, operate, plan, and improve your rental operations. Rather than that it will also increase the profitability and enhance your customer service. With the help of our software, you can run your rental business seamlessly with the following benefits
Gathering customers’ attention was made simple with SpotnStay software because we will be providing you with unique user interfaces. Other than the user interface designs and advanced features, we also support you with the technical service after launch for a certain period of time. So that you can get well with your application with our support.
Many might be wondering how application software can help the rental business. In our software, we have developed the features in such a way that reduce your work and maximize efficiency. Here, let me share with you the benefits that you will be attained by using our software for your rental business
The above mentioned three are the few of the niche things that can be done using our software that lets you handle your rental business easier. Once you adapt to the software-based solution for your rental business you can easily gain visibility, efficiency a lot more. Keep reading to know which business model exactly suits your needs.
Double your profit with SpotnStay additional revenue schemes
The commission-based business model is one of the business models where you will be owning an application and allow other people to use your application as a platform to rent their products. In this business model, you will be gaining revenue as a commission for each booking. You’re allowed to monitor and track the activists that take place in your application.
This Commission-based business model is considered as one of the high revenue gained business models. Keep reading to know the add-on revenue schemes that are suitable for this business model.
The above mentioned 5 are the revenue schemes that are adaptable for the commission-based business model. If you’re already owning a physical store for your rental business then you can switch to the P2P business model. In this business model, there is no third-party involvement so that no commission fare will be charged for each booking.
If you choose this business model you are able to make a few revenue schemes that are applicable to the customers only. But you can invite and tie-up with the schools, events, and parties for your AV rental business by advertising their source on your platform. This will be beneficial for both the players.
Still, you can gain more revenue by owning which business model that suits your requirements. Both the business models are different but they generate equal revenue with different schemes that are applicable to their demands. Here, get to know how our software simplifies the rental business with just a tap.
How SpotnStay SpotnStay AV equipment rental management system allows you to manage your business seamlessly in all aspects
SpotnStay makes managing your AV equipment rental service startup easier than before. All you need is to upload all your inventory and make sure you enable the offers on the equipment. Every time you can check your inventory storage and manage according to it. It will also notify the admin about the customer’s view (search history).
So that the service provider can get adapted to the customer’s needs quickly. Make your brand today with our application service. Reach us by filling the below form with your business requirements or contact us at hello[email protected] so that we can catch you with a good solution based on your requirements.
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