Levin Witt
New Contributor
User Power
Value/Post Ratio
43%
- Jan 18, 2020
- 21
- 9
Hello everyone,
I was wondering if anyone has anyone attempted renting out baby equipment. Baby's grow out of their things pretty quick, and many times if you travel you wont want to haul all your stuff with you (although travel is not exactly big currently with Covid, I am counting on this changing though). Some of this stuff is expensive (I would not try renting out cheap products), so I think it could be a viable business. My thought was many baby products can be shipped in the mail, so I could potentially expand beyond just my local area. I would not have any brick and mortar store. If I can, I will try to get into renting out smart cribs, which are relatively new and very expensive, but extremely helpful to parents who want to be able to sleep at night without being disturbed by their kids (look up SNOO smart sleeper). This would make them ideal to rent. But first I would start off smaller with traditional stuff like strollers and regular cribs (which are mail-able). Anyone experience in this and the rental business in general would be helpful.
I think renting out relatively expensive (since cheap things can easily be bought) products that only get used for a short is a better model then trying to sell them in several aspects:
-it can save the costumer money
-they don't have it in the way after using it
-they don't have to go through the hassle of selling it
If not this then maybe something else in the rental space. I was thinking RVs (but am too broke to get one of those, would need a loan to start that), or maybe landscaping equipment-idk
any feedback would be helpful,
-thank you
I was wondering if anyone has anyone attempted renting out baby equipment. Baby's grow out of their things pretty quick, and many times if you travel you wont want to haul all your stuff with you (although travel is not exactly big currently with Covid, I am counting on this changing though). Some of this stuff is expensive (I would not try renting out cheap products), so I think it could be a viable business. My thought was many baby products can be shipped in the mail, so I could potentially expand beyond just my local area. I would not have any brick and mortar store. If I can, I will try to get into renting out smart cribs, which are relatively new and very expensive, but extremely helpful to parents who want to be able to sleep at night without being disturbed by their kids (look up SNOO smart sleeper). This would make them ideal to rent. But first I would start off smaller with traditional stuff like strollers and regular cribs (which are mail-able). Anyone experience in this and the rental business in general would be helpful.
I think renting out relatively expensive (since cheap things can easily be bought) products that only get used for a short is a better model then trying to sell them in several aspects:
-it can save the costumer money
-they don't have it in the way after using it
-they don't have to go through the hassle of selling it
If not this then maybe something else in the rental space. I was thinking RVs (but am too broke to get one of those, would need a loan to start that), or maybe landscaping equipment-idk
any feedback would be helpful,
-thank you
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