Choose the Perfect Revenue Strategy for your Peer-to-Peer Car-sharing Marketplace

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Choose the perfect revenue strategy for your peer
to peer car sharing marketplace

• www.rentallscript.com

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Introduction

• Most entrepreneurs have a hard time deciding the
  revenue model of their peer-to-peer car-sharing
  marketplace. Usually, it starts with researching
  competitors and finding a good strategy to
  increase sales and profit.
• To devise revenue strategy for your peer-to-peer
  car-sharing marketplace, find various techniques
  in this blog.

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Charging a service fee from Host

• You can charge a service fee from Host as a fixed
  amount or a fixed percentage. For each booking,
  the host provides the fixed fee to the platform
  owners.

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2. Charging a service fee from Guest

• Charge a small fee from Guest as a fixed amount
  or a percentage for using your marketplace
  platform to rent a car. You can fix the fee 5-25
  depending upon the number of transactions happen
  per day.

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3. Listing property fee

• Earn a small fee from the property listed in your
  marketplace by the property owners and generate a
  small profit out of it. Charge the fee based upon
  the time period owners are going to list their
  property on the marketplace platform.
• For instance, you can offer a free trial for the
  first 3 months and ask for a minimal fee to
  advertise their car in the marketplace platform
  after the trial ends.

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4. User membership fees

• You can charge a fee from the users who upgrade
  to membership accounts, which offer many benefits
  such as insurance, and other special offers.
• Likewise, you can charge a fee from property
  owners as well. Owners upgrade to membership
  premium would subscribe to advantages such as
  free advertisements of their listing in other
  sites, insurance coverage, and other special
  offers.

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Wrapping up

• To know the full effect of your revenue strategy
  on your profit generation, it takes time to
  realize the result. Observe customers behavior
  in your marketplace and get insights to steer
  peer-to-peer car-sharing marketplace in the right
  direction.
• For more help regarding creating beautiful
  marketplace platform, RentALL Cars would be a
  perfect choice!