How to Build a Profitable Online Furniture Rental Website?
How To Launch A
Successful Online
Furniture Rental
Business?
Table of Contents
1. Why is Furniture Rental Rising?
2. Business Model - Online Furniture Rental
Website
3. Top Furniture Rental Websites
4. Revenue Generation Channels - Online
Furniture Rental Business
5. How To Start An Online Furniture Rental
Business?
Why is Furniture Rental Rising?
Millenials prefer to Working professionals like
travel light while to be on the move and
moving to new places prefer easy rental options
01 Minimalism 03 Digital Nomads 05
Home Offices 02 New Design 04 Sustainable
People are setting Consumers look Consumption
up comfortable out for fresh looks Environment Conscious
workspace every season customers prefer short
term rentals
Population Distribution in U.S. by Generation
As per the Statista survey, millennials
constitute about 22% of the population in U.S.
Population Distribution in U.S. by Generation
Image Source : Statista.com
Work From Home Economy
As per the Stanford research, 42% of U.S. labor
force are working from home full time.
The Future of Online Furniture Rental
Industry
As per PWC survey, global sharing economy
will surpass $335 billion by 2025.
The Future of Online Furniture Rental Industry
Selling
Renting
Image Source : Cleantech.com
Entities in a Furniture Rental Website
01 01 02
Admin Customers
Direct
Business
interaction with
Owner
online furniture
rental website
03
Revenue Generation Channels - Online Furniture Rental
Website
Rental Income Pay Per Click
The primary source of Website owner invites
revenue, where owner brands to advertise
earns money by renting their products/services
out their furniture on the website
Affiliate Marketing
Website owners can earn
commission by referring
customers’ to an affiliate
partner’s business
Top Furniture Rental Websites
Headquarter Founded In Funding
CORT Virginia, U.S.A. 1972 $512 Million
BROOK
FURNITURE Lake Forest,IL 1979 $7 Million
RENTAL
LIVE FEATHER New York, U.S.A. 2007 $7 Million
How To Start An Online Furniture Rental Business?
Ready Made vs Bespoke Software Solutions
Ready-Made Solutions Bespoke Software solutions
Incorporate all the key features Highly tailored to business needs
Easy to set/configure Considerably costly
Save time/cost Long development process
Ease of use Increased reliance on developers
Ample technical support Lack of flexibility & business agility
Yo!Rent - A Ready-Made Online Rental Solution
Developed by FATbit Technologies
What Makes Yo!Rent a Go-To eCommerce Furniture Rental Website Solution?
❏
❏ 15+ in-built payment gatewaysSelf hosted
❏ Advanced reporting & analytics
❏
❏ Lifetime license with one-time cost Fully customizable & scalable
❏
❏ Multiple revenue channelsHighly secure
❏
❏ Full source code ownershipIntuitive UX
❏ Powerful mobile apps
Key Features & Benefits of Yo!Rent
Yo!Rent is an industry-leading solution to start your online furniture rental
business. Here are a few reasons why:
FEATURES BENEFITS
Renting & selling option One-time cost & lifetime license
Smart recommendation Flexi payment option
Real-time stock availability Free one year technical support
Catalog management Free installation
Order management Free demo
Get A Closer Look With FREE Demo
Multi-Vendor Platform Single-Vendor Platform
Front End Front End
Admin Admin
Seller/Vendor
Consult Our Experts
www.yo-rent.com
[email protected] | +1 469 844 3346
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