Entrepreneurs are showing a huge interest in car renting marketplace development since the demand is phenomenal. But some entrepreneurs are not aware of the end-users needs and the problems they are facing to rent a car in peer to peer manner. If you are one of them, then this slide may help you out.
I’m going to share the must-have features which should be available in any of peer to peer car rental marketplace. These features may help you get more customers by providing a better experience and stand out from the crowd to become a successful one in the competition.
For more info -https://www.rentallscript.com/checklist-to-build-your-car-renting-marketplace/
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2. Business model
Must have features
Peer to peer marketplace
TABLE OF CONTENTS
Tech stack needed
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3. ● Entrepreneurs are showing a huge interest in car renting marketplace
development since the demand is phenomenal.
● Here going to share the must have features which should be available in car
rental marketplaces.
● These features helps you get more customers by providing a better
experience and stand out from the crowd to become a successful one in the
competition.
5. ● It is also known as
people sharing and the
process whereby
existing car owners
make their vehicle
available for short
period of time.
● It removes intermediary
and serves as lower
cost and enables faster
transactions
7. BUSINESS MODEL OF CAR RENTAL
MARKETPLACE
Commision based
The commision
based on fixed or
percentage of the
transaction value
to be cut from the
amount paid by
renters.
Featured listings
Car owners who want
to get more bookings
can brand their
listings on the
homepage of the
website and helps
them earn revenue by
highlighting in top
search results
Subscription
It is a reliable model
that doesn’t charge a
commision on car
owners for every
single rentals and
helps to lead higher
revenues and
customer retention.
9. ADVANCED SEARCH
FILTERS
It helps users to search the
rental cars according to
their preferences, location
and date. It makes
convenient to process the
bookings faster and easier
too.
STRIPE CONNECT
Guest can make stripe
payment through stripe
that helps them complete
transactions in a hassle
free manner. It is widely
accepted in many
countries.
10. CALENDAR & SEASONAL
PRICING
It helps to set pricing for a
particular day or season
that is done by choosing
the specific days in
calendar and enables car
owners to maximize their
revenues.
MANAGE CARS
It helps to edit, view, upload
listings according to the
type of car, descriptions,
price without hassle and
able to manage the
dashboard in an easier
way.
11. DOCUMENT
VERIFICATION
It is the most
trusted concerns
and helps to
collect, verify all
the required
documents like
driving license,
insurance, etc.
INTERNAL
MESSAGING
It helps to
communicate with
car owners and
renters and also
helps the user to
track the previous
conversations.
MANAGE
RESERVATIONS
It helps tracking
all reservations
and able to modify
any booking
details like date,
time, etc.
12. TECH STACK
NEEDED
Technology has the
greatest impact and tech
stack also influences the
scalability of product
and also dealt with the
investment of money
and time.
04
13. FRONT END INTERFACE-REACTJS
● If you are doing a car renting marketplace development with the idea of
adding numerous features, then reusable UI should be your pick.
● Reactjs is the front end javascript library for making performance
oriented user interfaces and boosts the web page, provides a smooth user
experience.
14. BACKEND INTERFACE-EXPRESSJS
● What users see as a visual interface is the result of the powerful involvement
of backend technologies.
● Expressjs is the run time environment that allows to run the application, cross
platform to execute code and uses an event-driven I/O model which makes it
extremely efficient.
15. DATABASE-MYSQL
● The data storage platform should be efficient, scalable, easy to maintain and it should
be non-structured query because of ease use and store data.
● It is a open source, reliable, compatible with all major hosting providers, cost-effective
and easy to manage. Mysql is offering data security and transactional support to
secure online transactions and enhance customer interactions.
16. CONCLUSION
● In this presentation, i hope you
had a better understanding of
the peer to peer car renting
marketplaces.
● If you choose the right business
model and tech stack to build, it
will help you to scale up the
marketplace globally.