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1、IndustryReport-Online RentalMarketplaceGrowth,Statistics,Principles,Opportunities,Challenges,Business Model,RevenueModel,and Trending RentalIdeas CODE BREW LABSBY Tablet Of ContentIntroductionPrinciplesGrowth StatisticsMarketplace StatisticsVacation Rental Marketplace StatisticsCloth Rental Marketpl

2、ace StatisticsFactIndustry Opportunities Comprehensive Tech SuiteFeaturesWrap-UpIntroduction-Online RentalMarketplaceAn online marketplace like eBay launched in 1995,brought a dramaticchange in the retail market.Over 30%of people switched to online shoppingin a short period of time.Followed by frequ

3、ent distribution&exchange ofproducts/services.Eventually,the online retail market saw progressivegrowth and focused on the overall online shopping experience using thelatest technology stack.At one point,the online retail marketplace saw an unexpected fall due to theexcessive product&service demands

4、 with limited resources.This situationdemanded an immediate alternative.Thus,emerged the online rentalmarketplaces.A rental deal between two parties is successful when both parties aretrustworthy enough to proceed.This can be done by doing documentationformalities involving both parties(end-customer

5、 and rental property owner).The property owner should clear the property or rental product policies inadvance to ensure no loophole at the end.In terms of value,unused value=wasted value.For instance,if a car/bike isused once a week,then 14.28%is being used whereas 85.72%is consideredwaste.This is a

6、 common formula to evaluate the closest value from rentalproducts.Ruling The Rental Marketplace IndustryPRINCIPLES OFRuling The Rental Marketplace IndustryPRINCIPLES OFThe temporary ownership of rental property or product let the end-userrelish the rental services having complete ownership but for a