Background of RentSmart Asia
RentSmart Asia was founded in Feb 2018. It was founded when one of the founders was left with a bitter experience of having to pay a huge amount of money for something that he only needed to use once; only to find out much later that he has a friend who also purchased the same item idling at home.
The founders over a casual discussion realized that this problem doesn’t seem to have a solution today that connects people who have belongings idling to people in need of it. We quickly realized that there is an opportunity here to make a difference.
We envision RentSmart to be a trusted marketplace for people to list, discover and book items from near or far. This platform is accessible online, be it mobile or laptop. RentSmart is also a safe place to put your items up for rent. The owners will have the sense of safety on their items with insurance protection. The delivery services will allow owners and renters to have a seamless experience when exchanging items.
Behind The Scenes of RentSmart Asia
Once RentSmart was founded, we needed to find out what the market thought of this idea. The best solution to find out what the public thought about this idea is to conduct a market survey to determine if the idea was viable or is this a real problem people wanted a solution to. To our surprise, we had about 100 respondents to our survey and the survey results validated our idea. The results showed that 93% of the respondents would use this service; either as an owner, renter or both.
Since then, we have put in countless hours to develop the process of interaction with the system, we have also worked out our strategy on how to develop and system and the execution strategy, which includes marketing digitally.
We have got RentSmart to fruition today. RentSmart has great potential to expand within Asia Pacific. We know from a Nielsen’s survey that Asia Pacific has the highest adoption to the sharing economy. We can position ourselves as the leaders in the Asia Pacific market.
Benefits of RentSmart
Make money by using RentSmart Asia
Imagine things in your store room or attic or stuff that you have packed away and stored in an external storage unit, if some if not all of these items could be rented out? Wouldn’t it be great if you could rent it out to someone who would need it while you have no use for it? RentSmart can help you do that – upload your items onto RentSmart and let your belongings work for you.
Save Money
Thanks to the world of the sharing economy, transport, accommodation, food & & household services are all available at the click of a button. By listing your belongings on RentSmart, you are connecting the world to this need of things and helping people save money by renting instead of buying.
Use better stuff
We live in a world today that buying is not necessarily the answer to “Retail Therapy”. A lot of us want the experience and the memories of a good experience to last a long time. On RentSmart, find your favorite blow up house or bbq pit and throw a party! Rent the camera and capture those precious moments! The sky is the limit on what you can put up on RentSmart. So, start uploading your unused belongings now!
Meet people through RentSmart Asia
It’s through sharing with each other that we develop meaningful relationships and create effective local communities. And it feels good. Get borrowing on RentSmart Asia and see for yourself.
Save the world by using RentSmart Asia
We can help to reduce wastage by buying when necessary. This way we create a more sustainable living environment as we continue to reuse existing item that still has useful life in it. At RentSmart, we like to live by this motto, “Rent What You Want, Buy What You Need”