Online Market

Place for Lodging

Usama Ramzan
Mubashar Manzoor
Kiran Arooj
Aimen Iftakhar
Why rental platforms and why now?

 Young generations now care more about the environment and carbon footprint, while
looking for ways to save money. In this case, renting and the sharing economy are the
best options to get high quality for a lower price. As a result, around 70% of millennials
and Generation Z respondents prefer renting over buying.
 And the market is ready to follow the latest trends. People now can rent vehicles,
clothes, home appliances, real estate, etc. It creates a boundless field of opportunities
and stimulates start-up ideas to look up to successful companies like Airbnb.
The enthralling world of rental
marketplaces
 Rental marketplace
 P2P (peer-to-peer) platform with a mediator
 B2C platform:
 Peer-to-Peer working:
How to create a rental marketplace with
14 features
 Account Creation (Sign up):
 User profile:
 A product listing
 The search:
 Recommendations:
 Map Integration:
 The products availability:
 Favorites:
 Booking:
 Messaging:
 Notifications:
 Online Payments:
Making money with an online marketplace:
Things to consider before starting an online
rental marketplace:

 Eliminating frauds:
 Facing the competition:
 Attracting first customer:
Advantages and Disadvantages:

 Your business is open around the clock:

 You can maximize reservations:
 You get paid quicker:
 You’re not tied to a phone:
 It's easy to manage your calendar:
 You get valuable insight about your business:
Disadvantages:

 You need internet access:

 Youneed to be ready for an influx of new
customers:
MARKETING PLAN

 Slow down and give it some thought:

 Be selective:
 Understand what works:
 Get Organized:
 Set up alerts:
Airbnb examples: Statistics, features, and a
success story