Your Online Channel To New Customers and New Revenue
An online rental company who opens new revenue opportunities by driving foot traffic to your retail locations
Whether you provide a service priced by the interval (hour, day week, etc.) or you have idle inventory you’d like to rent, Renterval is your solution!
A no cost marketing tool (never any out of pocket expenses)
An ethical business committed to beneficial partnerships & outstanding customer service
User
establishes a
free account
Ad is written, picture(s)
posted, pricing, interval &
terms are determined and
item/service appointments
are published
Shoppers browse for free and
select appealing listing based
on proximity, availability,
pricing and rental terms.
Desired items are reserved via
credit card
merchant notified via
email and/or text
message and Renterval
invoice is posted in
user’s account
Item is picked
up and
returned at the
end of the
interval
Customer signs invoice
provided to merchant to
signify satisfaction with
transaction
Merchant
faxes/emails
invoice to
Renterval
Renterval authenticates
invoice, charges customer
card and mails check to
merchant
Smart alternative to selling idle inventory at a loss
New (or incremental) income
Bring new customers into your locations
Never pay until we bring you a paying customer
Earn a high (and recurring) return on investments of purchased items
Conduct anonymous price testing
Easy one stop shopping for rentals or services priced by the interval
Enjoy more flexible hours and terms than traditional rental stores
Browse prior customer ratings to help with merchant selection
Easily set search radius to find local items or services
Complete satisfaction is guaranteed
Micro & Small service businesses with excess time/inventory
• Entertainers (DJs, speakers, coaches, limo companies)
• Tutors (academic, musical, other skills, etc.)
• Party suppliers (bounce houses, tables & chairs, decorations, etc.)
• Photographers
• Design consultants
• Computer techs/consultants
People & Businesses with stuff to rent
• Tools
• Toys
• Lawn equipment
• Athletic supplies/exercise equipment
• Camping gear
• Practically anything else in your store, attic or garage
Your
partnership
with
Renterval
provides you:
An ethical channel committed to supporting your brand
100% guaranteed incremental revenue
An inexpensive way to bring new clients through your doors – you own the relationship
A self-funding opportunity; never pay any out of pocket expenses to use Renterval; we will deduct a commission from paid rentals
Renterval is free – advertise any item or service with no posting fees, no membership fees, and no scheduling fees.
Renterval is easy – Simple tools make using Renterval a piece of cake. Make changes to your postings “on the fly”– change pricing, update descriptions, change availability in an instant. We’ll even take credit card payments from your customers for you (this is factored into our commission – it’s not an additional fee).
Renterval is safe – We use the same security as banks use. We will promote you to willing customers and will keep a lid on fraud and other scams because we won’t connect you to a customer unless they provide a valid credit card. Anyone that comes to you through Renterval is a bona fide customer.
Renterval is powerful– Renterval finds you local, paying customers. Set your sales area as broad or narrow as you want.
Renterval makes you the boss – Can’t get on Groupon’s radar (or you don’t want to get into the “extreme couponing” cycle)? Renterval let’s you get online and offer your deal whenever you want. And, you don’t have to meet any minimum requirements – sell as much or as little as you want.
Only when you have a paying customer will Renterval withhold a modest commission from the rental price, using the following sliding scale:
Less than $10.00: flat $2.50 fee applies
$10.00-$20.00 : 20% of purchase price
$20.01-$50.00 : 15% of purchase price
$50.01-up: 10% of purchase price (up to a max of $500)
You may choose to place additional promotional elements on your ads (bold listing, add extra photos, etc.). Fees for this are additional, but they, too, are deducted from the merchant’s proceeds only when an item is rented)
Merchants can keep a greater share of rental proceeds by adjusting the interval price, the minimum number of required intervals, or both.
Attention to listing integrity (remove listings when items are sold, etc.)
List a variety of items – see what most resonates with customers
Tinker with intervals and pricing – test combinations to optimize response to listings
Broad and frequent promotion of listings
Traditional and digital tactics to drive awareness
Responsiveness and accessibility for the duration of the trial
Timely payment of proceeds
Renterval wins only when our Merchants win!
What happens if the customer doesn’t bring our merchandise back?
Renterval (and you) know your customer’s name, contact information, and Renterval has a valid credit card and billing information.
How long after the rental will we get paid?
Renterval will issue a check 48 hours after the credit card is charged and funds are deposited.
What if we perform and the customer isn’t happy?
Renterval will work with both parties in an attempt to resolve the dispute amicably. We will not charge the customer’s card unless we have a signed acknowledgement on file.
Can we require (and collect) a deposit?
Yes. As a part of your terms, you can require a deposit and a copy of the renter’s driver’s license. Deposits are collected by the merchant at the time of the transaction (Renterval will not charge deposits on customers credit card).
Who are the parties of the contract?
The rental agreement is between the merchant and the customer – Renterval is not a party to the rental.
Email us at [email protected] or fill out a question form in the support section of our website