Don’t buy, simply strive: Gadgets, toys go rental way

Ever attempted aqua aerobics with water dumbbells or toyed around with a cozmo interactive robot? Worn an Oculus VR headset? But why purchase such fancy, high priced stuff when you could absolutely rent them for an afternoon or two, the items of desire home-brought for a rate?
This is exactly what a Bengaluru-primarily based startup, Yupik. In, has to offer for enjoy-hunters, who would as an alternative strive than purchase.
Launched in December 2018, the platform has introduced over one hundred condo objects across eleven categories.
Most clients rent out stuff only for a day, informs Yupik founder Ojas Parikh. “People want to try out modern-day gadget, which they would otherwise not purchase. For example, we’ve got this golf-swing analyzer that many experiences useless to buy. But they could hire it in view that anybody is in a rush to experience new things,” Parikh explains.
Homemaker Minal Sanghvi had visible her 5-12 months-old son’s fascination for electronic toys. But she knew that fascination becomes a passing segment, and spending heaps could be a waste.
She chose to rent out the Cozmo robot rather. “Imagine his joy whilst we were given domestic the excessive-cease robot that performs with you, learns from you, reacts and will become your buddy. No, we didn’t buy this set really worth Rs 10,000, however just rented it out for the weekend,” she recollects.
Parikh used his Amazon experience to merge e-commerce’s ease of delivery and transaction with the rental services. “Majority of products we offer were bought by us from the world over, giving us total control over their availability, excellent and circumstance.”
To make certain the rented products are again incorrect circumstance, a security deposit is levied. This is refunded once the product is again and checked.
Once a selected product booked online, a confirmation and standing of the order are sent to the customer. The platform’s shipping personnel take it to the customer’s home and demonstrates how the product works.
Before taking an apartment choice, the customer may also test a product demo video and utilization manuals online.

My wife began a comparable unit – brick and mortar one -manner back in 1986- TOY BANK- the first of its type then…But approximately 8 months later – she had baskets full of damaged toys, non-working toys and the mother and father of the youngsters who rented it out refused to take duty for the breakages or theft of batteries…Though we did no longer lose cash at the project. Wonder how long these men will run it and that too on e-trade platform. Wish them luck.