Qraft Connects Luxury Toy Owners with Prospective Renters
Michael Hines — November 10, 2011 — Autos
References: qraft & springwise
Qraft is a new service designed to get people looking to rent out luxury toys in touch with those that own them. Qraft is attempting to make it easier for the owners of such awesome things as private planes and yachts to rent out their items when not in use.
The rich are always looking to get richer, and renting out luxury vehicles when not in use is a good way to make some easy money. Qraft works by letting the owners of these items create a profile complete with a photo and description of their vehicle for rent. Owners can set prices for rent by the day, week or month and must include details such as the location of the vehicle, plane or boat. Prospective renters can search Qraft to find vehicles in their area to rent. Qraft takes a three percent cut of all transactions and an additional ten percent cut to cover marketing and insurance.
The rich are always looking to get richer, and renting out luxury vehicles when not in use is a good way to make some easy money. Qraft works by letting the owners of these items create a profile complete with a photo and description of their vehicle for rent. Owners can set prices for rent by the day, week or month and must include details such as the location of the vehicle, plane or boat. Prospective renters can search Qraft to find vehicles in their area to rent. Qraft takes a three percent cut of all transactions and an additional ten percent cut to cover marketing and insurance.
Trend Themes
1. Luxury Vehicle Sharing - Creating peer-to-peer platforms that allow luxury vehicle owners to rent out their possessions when not in use, providing a new source of income for owners and affordable access to high-end vehicles for renters.
2. Fractional Ownership Models - Developing models that enable individuals to invest in luxury vehicles and share ownership, making high-end vehicles more affordable and providing access to a wider audience.
3. Virtual Reality Rental Experiences - Designing immersive experiences that allow consumers to experience luxury vehicles through virtual reality rentals, providing access to an aspirational lifestyle at an affordable cost and reduced operational expenses for rental companies.
Industry Implications
1. Peer-to-peer Sharing Platforms - The technology industry can leverage their expertise in developing secure peer-to-peer sharing platforms to build similar models to Qraft, encouraging luxury vehicle sharing and creating a new revenue stream.
2. Luxury Vehicle Rental Services - The transportation and logistics industry can incorporate Qraft's fractional ownership models and peer-to-peer sharing platforms, improving their accessibility and affordability for consumers.
3. Virtual Reality Companies - Virtual reality companies can partner with luxury vehicle rental services to develop virtual reality experiences that enable consumers to experience their vehicles before purchasing or renting, reducing operational expenses and improving user experience.
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