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Sujay

Stealth • 2d

hi I am studying my 10th grade and my exams are in March, I have a business idea where you can rent stuff like for example I have 5 phones and my friend needs a phone but he will get it on his birthday but till then he wants it we can create a platform where the person A can rent out his product on that platform for a fixed price for a day Or for a month and person B who wants it can rent it out from person A by paying fee depending how much the person A is willing to rent and the person B can choose weather he can himself go and pick up or send the platform's delivery partner by paying a small fee or reachout to person A to send it by post and after the person B uses it without damaging / stealing / loosing it he can pay the desired amount for the rent and return it back but if the person B damages it he has to bear the cost of repairing it pros: the person B need not have to buy the actual product for a small amount of time he may use the person A can make some₹ from his unused

12 replies11 likes

Replies (12)

Mohd Amir

Stealth • 1d

have you thought how your gonna deliver the phone or a specific device to them it can be good idea if we talk about renting other stuff also like a bike or something

1 replies

Aniket Singh

Stealth • 1d

TBH in my opinion this could be scalable but if you do good market research before you actually start working on it. 1) Who all are existing players 2) What is there business model 3) Coustomer response on their product 4) pro's & Con's 5) Market Size 6) What is funding status of existing players 7) What are there Terms and conditions for renting the items all the best champ

1 replies1 like

Ayush Tiwari

Stealth • 1d

I think this is ohk idea 💡 not too good because everyone have their own privacy 🔏

1 replies1 like

Ravi Gupta
•

Reliance Retail • 1d

this is not a Scalable business because everyone has their own privacy, Data and IP address registered on the customer who purchased the phone and used their sim.

1 replies

Anonymous 1

Stealth • 2d

u could have easily told it by a sketch on paper pen method audience at large would have easily came to know

1 replies

Anonymous 1

Stealth • 2d

all the best for ur exams

0 replies1 like

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