Original Post Revised:
I am working on a group project in which we have to propose a potential business and present on a HYPOTHETICAL business plan.
I am currently in the customer discovery phase and since you all are individuals that frequently participate in DIY projects, and feedback, questions, or concerns are appreciated. The proposed business is as follows:
The business would be a peer-to-peer rental service in which individuals could rent tools, appliances, sporting goods, etc. from those in their communities. Those with gently used appliances would be able to post them on a AirBnB-like site where those in need could search, rent, return and rate the equipment. On the other end, rentees (those who rent out their things) would be able to review and rate renters as well.
Would you use such a service on either end? Why or why not?
Questions are appreciated, suggestions are appreciated. Thank you!