Is starting a phone rental business worth the investment?
Hi! So I'm a KPOP fan and I've been seeing people rent flagship phones for the concert day itself for HQ photos. I understand why fans rent phones cos low cost compared sa bumili ng new phone
I'm thinking of renting the latest Samsung Galaxy model as side hustle and I have a few questions lang for those na nagpaparent or nagrent na ng phone.
Aside from KPOP concerts, ano pang other market ang napapasok ng phone rental business?
Anong mga risk ng business na to aside sa phone tangay? May mga months ba na matumal ang renting?
Anong mga conditions usually ng renting para maensure na di matatangay yung phone? I heard for some renters, merong downpayment and security deposit + contracts pati interview with the potential client. Also, anong need para magawa and maenforce yung contracts na to?
How do you track the phone? I saw some say they use Life360 free pero okay ba to?
How do you set the starting time ng pagrerent?
Any advice with pricing strategies? I'm thinking of starting with something lower than the market price then magtataas slight if makuha na ang demand. I see some who offer promos din if multiple days, and meron ding late return fee per hour.
Any advice with manpower stuff? Do I need a trusted partner na malapit sa venue naka-base? Is it possible na via courier services na lang ang return ng phones?
How do you deal with the data in the phone na kinuha ng client? Do you require them to delete the photos themselves bago ireturn? How about letting them use social media apps sa phone?
Answers and additional advice po are appreciated. Thank you so much!!!!