The Shed Offers New Revenue Channel to Outdoor Equipment Manufacturers - SNEWS

The Shed Offers New Revenue Channel to Outdoor Equipment Manufacturers

Rental Model Addresses Sharing Economy Impact on Buying Economy
Author:
Publish date:

RICHMOND, Va., March 17, 2020 – The Shed, the first full-service consumer goods rental marketplace, announced today that The Shed Denver is actively building partnerships with outdoor industry manufacturers, retailers, entrepreneurs and even other rental businesses to help them leverage the rapidly growing sharing economy.

At no cost, a business may stock its inventory in The Shed’s distribution centers. The Shed then markets that inventory for rental via its one-click ordering platform and delivers the item to the consumer. The manufacturer earns 50% of the rental income every time their product rents. Pricing is optimized based on market demand and inventory availability to maximize success.

“With the growth of the sharing economy, the buying economy is shrinking and manufacturers are looking to capitalize on the rental market,” said Daniel Perrone, co-founder and CEO of The Shed. “We’ve built a platform and model to make it happen.”

“We’ve heard specifically from the outdoor industry about the need to get into rentals,” said B Gottwald, president of The Shed Denver. “These manufacturers are thrilled to hear that we can get them in the rental marketplace quickly, and at no cost.”

Within two months of starting its inventory acquisition, The Shed Denver has inked several deals with outdoor companies, including national brands. The products secured through these companies include high-end coolers, sleeping bags, backpacks, kayaks, paddleboards and more. Other outdoor gear The Shed will stock includes car toppers/racks, fishing equipment, bikes and travel bags. It is not renting ski, boarding or other gear that requires sizing.

“In addition to large companies, startups are able to use The Shed as a no-cost way to go to market. Gottwald said. “It is exciting that we get to help entrepreneurs grow their businesses.”

The Shed Denver is the second location for The Shed, headquartered in Richmond, Va. The Shed chose Denver as its second market based on the population’s propensity for outdoors and sustainability, along with the overall density. “Denver has one of the fastest growing apartment dweller populations and among those people, many have a great passion for the outdoors but limited space to store equipment,” Gottwald explained.

The Shed’s other product lines will include tools, automotive, yard and garden, music, industrial solutions, safety equipment and more. It also does full-service party/event rentals ranging from backyard barbecues to school carnivals to black-tie weddings.

The Shed expects to open for rentals in the early spring. For more information, email denver.shed@ished.com or visit iShed.com.

About The Shed

Based in Richmond, Va., The Shed is the first consumer goods rental platform where consumers can rent hundreds of items – from the expected to the unexpected – all from one place. The sharing economy is one of the fastest growing business sectors and is expected to reach $335 billion by 2025. The Shed plans to enter additional markets in 2020 as part of its mission to get the most out of the world’s stuff.

Related

The Shed Logo

The Shed Inks Rental Deal with Klymit

DENVER, April 3, 2020 – The Shed, the first full-service consumer goods rental marketplace, announced today its new partnership with Klymit, a comfort innovator in advanced outdoor technology. Through the partnership, Klymit is providing some of its products to The Shed, which ...read more

Kuchoma Lifestyle

Primus Partners with The Shed Rental Service to Enter the Sharing Economy

LOUISVILLE, Colo. (May 27, 2020) — Primus, the Swedish heritage outdoor equipment brand established in 1892 known for its reliable, safe and innovative cooking products, has partnered with The Shed to provide outdoor enthusiasts the ability to rent camp cooking equipment in the ...read more

SIA and The Ski Channel Form New Partnership

SIA and The Ski Channel Form New Partnership to Create Multi-Media Projects and Events at Snow Show The Ski Channel chooses SIA Snow Show as home to new Ski Film FestivalSteve Bellamy, Chairman and CEO of The Ski Channel television network and David Ingemie, President of ...read more

The New RootsRated.com Offers Insider’s Guides to the Best Outdoor Experiences in the Country

RootsRated.com, the premier online and mobile resource for “where to go outdoors,” announces the launch of their new website which is easier than ever to use with personalized search capabilities, map view and more local stories to inspire and enable the outdoor lifestyle. ...read more

Coozie Outdoors Transforms a Retail-Driven Industry into an Experience-Based Market

April 9, 2019 - Santa Monica, CA - Coozie Outdoors today announced the launch of its premium outdoor gear rental platform coozieoutdoors.com, the most convenient, sustainable and cost-effective way to experience the outdoors. With the launch, Coozie Outdoors will fundamentally ...read more

Wenger Unveils New Line of Outdoor Gear for Specialty Channel

BOULDER, Colo. (Jan. 23, 2008) – Wenger® – the maker of the Genuine Swiss Army Knife™ – will unveil a complete new line of outdoor gear designed exclusively for the specialty dealer. The lineup, which includes a variety of premium-quality sleeping bags, tents and ...read more

Dogfish-Inn-Exterior

Dogfish INN Launches Outdoor Activity Package & Off-Centered Gear Shed

Lewes, Del., Tuesday, August 25, 2020 – The Dogfish INN, Dogfish Head Craft Brewery’s canal-side hotel in Lewes, Delaware, brings its, “Welcome to Lewes. Mother Nature, Let’s Do This,” motto to life with two NEW offerings, the Off-Centered Gear Shed and Outdoor Activity Package. ...read more

Outdoor Channel and Pass It On - Outdoor Mentors Join Forces to Help Youth Experience The Great Outdoors

Temecula, Calif., April 27 -- Outdoor Channel, America's leader in Outdoor TV, today announced an exclusive partnership with Pass It On - Outdoor Mentors, a leading national organization dedicated to providing youth with mentors who will share with them the experiences of ...read more

Screen Shot 2020-01-21 at 11.16.40 AM

The Channel Mastery Podcast Announces Partnership with SNEWS

Durango, Colo. (January 21, 2020) – The Channel Mastery Podcast announces that SNEWS will be the co-presenting sponsor, along with Verde Brand Communications, for specific monthly episodes created just for specialty business and brand leaders in the active outdoor lifestyle ...read more