BikeBiz Bicycle and cycling retail news
The Association of Cycle Traders (ACT) has announced its new partnership with Renticy.
This collaboration brings an opportunity for ACT members to expand their revenue streams by offering rental options to customers both in-store and online.
As consumers increasingly seek sustainable and flexible shopping experiences, Renticy is a system which offers retailers the ability to rent out their stock.
The platform facilitates payments and inventory management while ensuring retailers are protected from damage or non-return through Renticy Protect guarantee.
James Bradley, commercial director at Renticy, comments on the partnership: “This collaboration aligns with our growth strategy, offering ACT members exclusive benefits that enable them to explore new revenue opportunities through rental services.
“We’re thrilled to work with an organisation as influential as ACT, and we believe this partnership will provide tremendous value to cycle retailers across the UK.”
Renticy is designed to help retailers maximise their inventory’s potential, providing a rental service that can increase revenue.
Whether it’s for new, used, or refurbished products, retailers can integrate rental options into their existing business model, meeting the growing demand for sustainable consumer choices.
The platform handles every aspect of the rental process, from fraud screening and contract setup to payment collection.
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Leon Mepham, ACT membership and services manager, added: “We’re excited to announce our partnership with Renticy.
“We believe the partnership will help our members unlock new revenue streams in their businesses. In a world full of tech solutions, Renticy is one that can save time, create revenue, protect the users while providing a sustainable solution.
“I’m sure many of our members will find the ‘no risk trial’ worth giving a go.”
As part of the partnership, ACT members will receive a 12 month free trial of Renticy,
For more information on this offer, visit: www.cycleassociation.uk
