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Your Online Channel To New Customers and New Revenue

Why your small business needs Renterval

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Page 1: Why your small business needs Renterval

Your Online Channel To New Customers and New Revenue

Page 2: Why your small business needs Renterval

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

Page 3: Why your small business needs Renterval

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

Page 4: Why your small business needs Renterval

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

Page 5: Why your small business needs Renterval

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

Page 6: Why your small business needs Renterval

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

Page 7: Why your small business needs Renterval

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.

Page 8: Why your small business needs Renterval

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.

Page 9: Why your small business needs Renterval

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!

Page 10: Why your small business needs Renterval

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.

Page 11: Why your small business needs Renterval

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.

Page 12: Why your small business needs Renterval

Email us at [email protected] or fill out a question form in the support section of our website