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How to start your online boat rental business? [2024]

How to start your online boat rental business? [2024]

This blog gives complete information about boat rental script and also how RentALL can be customized to build a boat rental business.

Divya
Divya

If you are an entrepreneur reading this, you probably would have worked 2x harder to get through an ordinary day in setting up your online boat rental business.

Instead of building the platform from scratch, a boat rental script can help in launching your marketplace startup at a faster pace.

For the past few years, the boat rental industry is flourishing because of the increased interest among people in tourism and recreational activities.

Also, entrepreneurs are considering the boat rental business as a profitable venture due to the technology-enabled service.

In this blog post, you can find complete information on the boat/yacht rental script.

Let’s get started.

What is a boat rental script?

The boat rental script is a customizable and readymade rental marketplace platform that helps entrepreneurs to bring their business idea faster into the market.

The entrepreneurs can get the script and just need to customize it to their business goals and requirements.

The business model is similar to any Airbnb for x businesses. There would be renters and boat owners. Admin is the business owner who brings them together and takes care of the transactions that happen on the platform.

Why boat rental script is the best choice?

You may ask why to consider a boat rental script. And why it is the best option to build your platform instead of developing it from scratch.

Well, here are the five main reasons you need to know.

1. Saves half the development time

The boat rental script is a pre-developed platform, having all the standard features a rental marketplace needs to function efficiently.

This saves development time compared to building a rental marketplace from scratch. You need to customize the script to suit your business goals and requirements.

2. You can launch your platform in a short time

A boat rental script can help you launch the business within a short time.

Normally, building a platform from scratch takes more than 6 months to build the foundation of important functionalities.

And building a complete workable platform takes another 3-4 months (depending upon the requirement) to be live to your customers.

Using a yacht rental script saves time and you can quickly launch the business.

3. A script built from modern tech stack

Technology changes fast with time. Building your boat rental script with the current technology gives an edge over the competitors.

4. Easily customizable

As already mentioned, the yacht rental script is easily customizable. You can change the codes and build something on top of it.

The platform would give top-notch performance even after customization. You can also hire other developers to work on the source code.

5. Scalable

The boat rental script developed to be scalable. With the addition of new users or an expansion of your business to new verticals, the platform performance is uncompromised.

Customers least experience the slowdown of the platform when the business expands.

Revenue model of yacht rental script

Entrepreneurs earn from their boat rental business by extracting a service fee from each transaction. The service fee is either fixed or percentage.

Fixed – a fixed amount for each transaction.
Percentage – a fixed percentage calculated from the total amount of each transaction.

The service fee is applied to both boat owners and renters.

The workflow of the boat rental script

In the boat rental platform, you find two types of users.

  • Boat owner
  • Renter

Boat owners are the people who own boats, and made it available on the platform for renting out. The platform allows boat owners to make money by renting out their property.

Renters are the end-users who want to rent a boat for leisure activities.

So, let’s see how Boat owner interacts with the platform.

  1. The boat owner lists their boat on the platform.
  2. The information they have added on the platform gets verified from the Admin.
  3. They receive a booking request from the Renter.
  4. The boat Owner either accepts or rejects the booking request.
  5. If the booking request gets accepted, the Renter is good to use the rented boat on the booked day.
  6. After the rental period, the boat owners get their pay.
  7. They leave a review about the Renter

Now, let’s see how Renters use the website/app.

  1. The Renter sign-up on the platform and fills their details.
  2. Finds the boat by giving the location, date, and number of members.
  3. Renter gives a booking request to the boat owner and makes the payment.
  4. If Boat Owners accept the request, Renters show up on the mentioned place on the booked day.
  5. They leave out, giving a review or rating after their trip.

Features included in the boat rental script

Let’s know the key features that come with the yacht rental script.

Seasonal pricing calendar

The boat owner can set different pricing on their rental – higher or lower than the usually given price. The seasonal pricing allows boat owners to adjust their prices according to seasonal demand.

iCal Integration

The boat owner can synchronize their calendar, containing all the booking details, in other platforms.

Content Management System

The content management system allows entrepreneurs to add new web pages on the platform. They can add new content on the page and modify the existing content as well.

This feature helps business owners in improving the SEO of the website.

Wishlist

Wishlist is a needed feature for Renters. Renters can save boat details for future bookings and share them with their friends and family.

Advanced search filters

Renters can apply search filters to refine their results to find the desired boat. An advanced filter allows Renters to quickly narrow down the search result to find the needed boat.

The platform owner can set popular locations on the homepage of the website for easy and faster search of listings.

Reviews auditing

The platform owner can audit the review given by both the Renter and the Boat Owner. They can also edit and delete reviews.

SMS verification

The user’s phone number is verified by the platform by sending a code to the phone number. SMS verification is necessary to prove the identity of the user.

Ban users

The platform owner can ban a user from the platform if they are a fake user or does a fraudulent activity.

RentALL – A customizable rental script

RentALL – a customizable rental script allows entrepreneurs to launch a rental marketplace platform instantly into the market. It is highly scalable and gives a better user experience to your customers. It’s like Airbnb for boat rentals.

Here are other reasons to consider RentALL,

  • You get the complete source code.
  • It has all the required features to start your business
  • The RentALL is built using the latest technologies – React, Express.js and GraphQL. This enhances the overall performance of the platform.
  • Multilingual and multi-currency feature to expand your business to other countries as well.

Tech stack of RentALL

RentALL is built using the latest technologies that make the script load faster and give a polished UI look.

Here are the list of technologies we used:

React
To create reusable and interactive UI components using React, a JavaScript library.

MySQL
For storing marketplace data using the scalable, and flexible open-source database – MySQL.

GraphQL
GraphQL is an application layer query language that loads data from a server to a client.

Node.js
Node.js is a JavaScript runtime environment that executes the javascript code outside of a browser.

Bootstrap
Bootstrap, an open-source CSS framework, helps build a clean user interface.

Cost of development

The cost of developing a website and a mobile app from the boat rental script depends upon the requirements given and the script package you preferred.

The development cost is less compared to building a product from scratch. We get detailed knowledge about the requirements and give our estimation.

Here’s how the development process works

Planning – We plan the requirements and milestone sprint and start working on the project.

Coding – We build the website/app as per the requirements.

Testing – We test the functionality and stability of the product and resolve the bugs discovered.

Launching – Get the business website online and receive feedback from customers.

Conclusion

I hope this blog gave complete information to build an Airbnb for boat rental app.

The boat rental script benefits entrepreneurs to launch their startup fastly.

To know more details about RentALL, you can reach us at [email protected].

Let us help you create a boat rental app!

Other rental business resources you might like:

✳️ Guide to starting a rental business in 2024

✳️ 7 tips to market your rental business

Starting a business

Divya

Divya is a former SEO analyst at RadicalStart. She wrote about entrepreneurship and technology.