Spinlister, the global bike rental platform, announced today the official launch of their new Bike Shop Partner Program after a successful beta rollout this summer. It’s an impressive addition to the site’s already extensive peer-to-peer service. With rental demand high and local bike shops feeling the sting of direct-to-consumer online sales, this expansion helps bring fresh innovation to the brick and mortar market.
“We believe that Spinlister can play an integral role in creating new revenue streams for bike shops,” says CEO Marcelo Loureiro. “Not only can our platform power online and in-store rentals, but it can also help shops sell more new bikes through our exclusive rent-to-buy demo program.”
The launch comes on the heels of sobering reports from groups like Shimano and the National Bicycle Dealers Association, pointing out what many local vendors have known for months: 2016 has been a rough year in the bike sale industry. Thanks to Spinlister’s new initiative, however, bike shops have the opportunity to instantly access the platform’s worldwide community of renters, giving them a creative new opportunity to generate revenue from unsold inventory. Setup, customization, iPad kiosks, and 365-day tech support are completely free, and all bikes rented through Spinlister are covered by liability insurance and their $10,000 guarantee.
“Spinlister just makes things less cumbersome for us,” say owners Justin Shannon and Kristie Holt of Local Hub in Dallas. “The process makes it easy for customers to check out our bikes online, or use the in-store kiosk. We don’t have to mess with forms and paperwork. It’s definitely modernized the way we rent bikes, and allowed us to tap into cyclists that don’t live in Dallas.”
Launched on April 1st, 2012, Spinlister was created as a peer-to-peer bike rental platform to connect the cycling universe, help the environment, and encourage peer-to-peer sharing. Since then, Spinlister has expanded to skis, snowboards, stand up paddle boards (SUP), and surfboards. In 2016, Spinlister expanded their platform to include bike shops and bike rental companies through their exclusive Bike Shop Partner Program (BSPP). The B2B software manages walk-in rentals, online bookings, vendor partner programs, and provides instantly available rental options to the global Spinlister community. With their seamless web, iOS, and android apps, built-in security features, and a database of user reviews, Spinlister has won the trust of communities of athletes all over the world. Spinlister provides a platform for Listers (Individuals, bike shops, bicycle rental companies, or businesses) and Renters to meet. Listers make money by renting their equipment to like-minded people while Renters find a variety of rides all over the world at an affordable price. Spinlister currently has users in over 100 countries and guarantees all bikes (up to $10,000), skis/snowboards (up to $1,000), and SUPs/surfboards (up to $2,000) against theft or damage.