Market Survey for Display Cone

Mystech

Hi,
I'm thinking of getting in some display cones in to rent. They range from 2-4 meters tall and glows and I can put on your logo and text. Would you guys be interested in that and what are you willing to pay for it? Its primarily targeted as a rental business but i can help bring in a few more if anyone want to buy it for their shop.

xoxoxo

any sample pics to share?

meinteel

Get in display racks. There are lots of fleas and events going on, tons of people looking for racks but to no avail. Just look at this forum.

Mystech

xoxoxo, something like this.

mein, I can bring it in, easy, but the problem is transport cost. How much are you gonna want to rent one rack for? and If I charge a cost of SGD$30.00 per trip, would anyone want it? Even if you do pickup, that would mean A deposit of say, $100 per piece in case of damage. If I'm lucky, I get several pax per flea, but i'll have to plan for just one pax per flea in my costing. If I get several fleas, that would mean hiring people to deliver cause everyone would want it at the same time. and collecting at the same time. So the cost becomes prohibitive at this point for most renters.

How many here would want to pay a deposit + transport fee + actual fee for the rental? If there are, i can bring in some, no problem. Just let me know which type you prefer.

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xoxoxo

Thanks for the pic. Given the shape and the glow effect, IMHO, it is only appropriate for selective products. Otherwise, as a display piece, it is quite attractive.

As for display racks, agree with Mystech. Cost will be an issue, not forgetting storage may also add to the cost burden. Deposit may be reduced if you bring in less expensive racks but once you compromise the quality, well, you know what you get... racks that can be binned after < 10 users. Unless you are in this retail fixtures and fitting business, bringing in a few racks just for rental purposes may not be a viable business. My 2 cents worth

Rob82lim

Hi Mystech, nice to see you again take care

Mystech

xoxoxo, I'm actually in the exhibition events line. So these are more for those exhibitions. I've also gotten enquires for it for weddings. It's mainly there to draw attention, etc etc. Well, I guess that it might be more appropriate for the agencies and such. Else with the booth rental, it might be really hard to recoup back.

Rob, yeah, glad to see you again, and glad to hear that you are doing not bad.

meinteel

S$100 deposit is outrages haha bare in mind that one can buy 3ft (width) by 7ft (height) for S$30. I need about 8 pieces for my expo event. If I were to purchase, it would be S$240. As it is above $200, the supplier would delivery to the "shop" for free.

I don't seem to find SG suppliers, but overseas like Malaysia, they charge between S$10-S$15 per rack, depending on the type and size. Delivery are usually free when rental is above a certain amount. Otherwise, independent deliveryman would costs between S$30-S$40 per trip.

Think about it, if rental of equipment costs me about the same as purchase, why not just buy it? Most people opt for rental because of storage. They do not need it for long-term use. Flea/event "chasers" usually attend these events once a month.

It is a viable business, especially if you have good place for storage and a nice little van. Like all business, the starting would be hard but I'm sure it will pick up.