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Choose What Type of Rentals You Want to Offer
Choose What Type of Rentals You Want to Offer
Julian Azofra avatar
Written by Julian Azofra
Updated this week

Types of rentals:

When it comes to rental and subscription services, there's no one-size-fits-all approach. Sharpei gives you the possibility of offering different types of rentals. You can offer more than one at the same time, and different types of rentals for the different products you have:

  • Daily rentals: The customer chooses how many days they want to rent the product, the easiest way of doing this is using a calendar view. The payment should be upfront, and the client must wait for the rental period to finish in order to return the product.

  • Monthly subscriptions: The only difference with a monthly rental is that the customer will be able to return the product anytime.

  • Lease-to-own: The customer chooses how many months they want to rent the article for. In this case the easiest way of doing this is using a month selector. The most common plans are 1, 3, 6, 12 & 24. The payments are usually done monthly, and the client must wait for the rental period to finish in order to return the product.
    The customer has the option to either buy the item at a discount or return the object at the end of the process.

  • (COMING SOON)Try-before-buy: The customer will be able to try the product for a period of time, we recommend that this does not exceed 30 days. After that the client can decide to either purchase the product or return it (We recommend to make them pay a fee as if they would have rented the item for a month if they decide to return it).

  • (COMING SOON) Second-hand reselling: If you no longer want to rent a product, you can put it up for sale as a second-hand product directly from your website:

In total, Sharpei gives you six different implementations options for your products.

Setting up your rental modality:

In order to configure which one you want to offer, go to the “Selling Plans” section in the "Admin panel." You can define the types of rentals that you are going to offer in your stores, the time limits, and also pricing templates.

Later you can edit the prices and types of rentals you want to offer for each product from the “Inventory” section outside the "Admin panel".

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