Party Rental Pricing Business Plan

  Рет қаралды 5,651

The Rental Guy

The Rental Guy

Күн бұрын

In my party rental business the pricing has been important to my business plan each step of my event rental progression. Understanding your customers and competition is paramount to deciding how to price your rentals for your market to succeed! In this video I touch on this strategy!
Years ago, I started a party rental business in my garage and have grown it into the business that you see in this video. Welcome to my event rental business warehouse. This channel is dedicated to my journey running an event rental business starting from the beginning in my garage (see how far I've come along from the beginning so far). I'll show you tips along the way! Watch me grow subscribe and comment often!
Here are my Links:
linktr.ee/TBPRG
My blueprint store: www.etsy.com/market/diy_weddi...
For Sale: Professional Event Rental Business Contract: www.etsy.com/ca/listing/16682...
Here are some of my popular sets of videos:
Event Rental Vlogs:
• Party Rental Business ...
DIY Photo Booth Builds:
• DIY PHOTOBOOTH BUILDS
Once You Make The DIY Photo Booth Learn How To Market Them
Photo Booth Business How To (Weekly Videos):
• How To Start A Photo B...
Everything Tents:
• Everything Tents
Event Business Startup Ideas:
• Event Business Startup...
Check out all of my yard game videos 👉🏻 Start A Yard Game Rental Business
• Start A Yard Game Rent...
Check out 2 guys that inspired me to create this channel they started out as my mentors and now they are my friends: (go give their channels some love and learn from their videos)
1. @TRBVLOGS
/ gorothbal
2. Tent Guy And Other Entrepreneur Stuff:
/ @thetentguy
Check out his course on how to start a party rental business:
www.startapartyrentalcompany....
For Rental Software:
I recommend: Booqable (Rental Company Booking Software):
booqable.com/?...
This is what I use to automate my rental bookings track my inventory, take credit card payments and more. I barley have to do customer quotes anymore. Bookings literally come in while I sleep at night!
Here's my video review of Booqable:
• Booqable Rental Compan...
For business inquiries: connect@jonesandski.com

Пікірлер: 24
@peachyparty6794
@peachyparty6794 5 ай бұрын
While I would generally agree regarding the pricing strategy, the trap that I’ve seen most people fall into is that they don’t know how to or are hesitant to raise their prices at the appropriate time. So they fall into that spiral you described, unintentionally. If you undercut your competitors by $1 and stay booked, your brain will get that dopamine hit and it will be hard to move the appropriate price. And when they finally wake up, they’ll start inching slowly toward the right price rather than making the jump. Hopefully videos like this will serve as a reminder. Classy video.
@fawntaejones-cottrell1391
@fawntaejones-cottrell1391 4 ай бұрын
I’m so excited. I’ve opened an event rental business . Thank you for sharing your knowledge. My goal is to scale as you are!
@bensocrazy7264
@bensocrazy7264 2 ай бұрын
Im thinking about getting into this as well. Good luck to you.
@ahavafarmgarden-familyhome883
@ahavafarmgarden-familyhome883 Ай бұрын
Do you have a course on setting up the webiste and how to structure the business? I am SO impressed eith all your details!! I value all of your processes!! 👏 Thank you so much for sharing all of the nitty gritty of all your upgrades and your journey.
@nine-vl5cr
@nine-vl5cr 2 ай бұрын
I'm from the future year 2026 and your business is making over a million a year
@MarioHernandez-ng4qh
@MarioHernandez-ng4qh 4 ай бұрын
Awesome vid!
@Philaevents
@Philaevents 3 ай бұрын
Great video 🎉
@randyhamilton6567
@randyhamilton6567 5 ай бұрын
Great video
@ryanmcintosh8895
@ryanmcintosh8895 5 ай бұрын
Hey been following you and you have helped me out a lot starting my business. Quick question where do you get replacement leg caps for the white fan back chairs?
@Lawngames4you
@Lawngames4you 5 ай бұрын
I invested in a 3D printer to help with all the random replacements I need that you cant just buy anywhere
@trevbonez836
@trevbonez836 5 ай бұрын
Would you ever do a frame tent on the beach?
@DrDre.
@DrDre. 5 ай бұрын
Man this is great! Who created the website... Do you have a template or resource that says how to format a website
@ahavafarmgarden-familyhome883
@ahavafarmgarden-familyhome883 Ай бұрын
I'm following for the same!
@DrDre.
@DrDre. 5 ай бұрын
Is there a link to the Mary/Merry software
@HyderabadiTeluguan
@HyderabadiTeluguan 5 ай бұрын
I wan try y try I connect with you as I am already doing this business from my home abd would like to expand now
@djstylah6084
@djstylah6084 5 ай бұрын
How much should we be spending on a REALLY GOOD website? That’s what I need next.
@callmesmilez1346
@callmesmilez1346 4 ай бұрын
How is the website able to pickup if the item is rented? And not allow another customer to double book? For example if someone books the only 30x60 tent you have will another customer be able to pick that same tent for the same day at a different time or same time. I’m asking because I don’t allow my customers to book online because I’m afraid two people will book the same item and mostly I only have one of each item or package
@therentalguy
@therentalguy 4 ай бұрын
My rental program Booqable is integrated with my website. Link in the video description.
@onechiclook
@onechiclook 5 ай бұрын
When you first started, did you have a client contract?
@Lawngames4you
@Lawngames4you 5 ай бұрын
Interested to hear what he says. I did not. I just got started and charge a breakage deposit. Once I had increased my stock and orders got much larger, I added contracts
@TucsonEventRentals
@TucsonEventRentals 5 ай бұрын
So have you started offering your contracts yet?
@racinemclean3192
@racinemclean3192 5 ай бұрын
where do you buy your fanback chair from?
@therentalguy
@therentalguy 5 ай бұрын
I’m in Canada. Special Event Sales, Nation Event Supply among other places. Just google buy Fanback chairs for the event rental industry and get whatever’s available in a close proximity.
@TucsonEventRentals
@TucsonEventRentals 5 ай бұрын
We got ours off of Amazon.
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