The Future of Car Rental Business Software
Introduction
The new normal in the world, led by millennials, is a lot different from what we were used to. While technology and innovation are at an all-time high, economies are wavering throughout. Affordability of houses, cars, office spaces, and even household appliances and furniture has become a tough ask. But, we learn to innovate. The culture of renting everything has taken the world by frenzy. Earlier, it was just houses and workspaces, but today, furniture, clothes, and especially cars are being rented regularly. Car rentals have become as common as street taxis. Powered by robust car rental business software, people everywhere find it convenient to rent a car rather than pay for upkeep and maintenance on top of purchase and fuel expenses. That’s good news for car rental businesses and also brings us to an important decision about making the whole process seamless.
What Is Car Rental Business Software?
As you already know, we live in an age of mobile applications and online payments. Gone are the days of brick-and-mortar stores for every commodity in life. Why should car rentals be any different? Car rental booking software is nothing but an application on your phone that lets you pick and choose every aspect of your rental.
On the application, you can:
- Choose the type of car you want to drive,
- Decide the duration of your rental,
- Pick a location of your choosing and
- Make payment for your rental period.
Using simple identification verification which follows phone and email authorization, you can book your rental car in a matter of minutes. You have the power in your hands to summon a rental car to your home, without getting up from your seat. That is the true benefit of technology – making lives easier.
Key Elements of Car Rental Business Software
Car rental business software is the tool that brings car renters and car owners. Let us take a look at what goes into getting an application to deliver solutions to consumers.
Typically, car rentals are available in 3 forms for users:
- Self-driving rental cars for people who want full control over their travel requirements.
- Rental with a driver for a specific amount of time.
- Car rental for going from Point A to Point B, typically a short distance.
There are other types of rentals available too, but this covers it. The applications required to make these modes of car rentals available would diverge into two – a customer app and a partner app.
A customer app is for the end-users, for people who want to avail of car rental services. The partner app is for the business end – it could be a car rental company, a P2P car rental, or even a privately owned car service.
Car rental software is important because all necessary information required for booking is available there. Listings of cars, prices, mileage, availability, duration, etc. are details every user requires. How a brand leverages its car rental service is up to their expertise, however technological innovation can give them quite the edge.
Future Growth Opportunities in the Car Rental Industry
Car rentals certainly have a big future, mainly due to fuel hikes and increasing price rises of cars. Cab services and car rentals are growing in popularity and are easy on the pocket. Some people, living in busy cities, prefer rentals because of lack of sufficient parking spaces and rushing through their day with very little time on their hands.
The growth of the global car rental market is adequately measured in the graphic made by Mordor Intelligence. Almost 80% of countries worldwide are of the view that car rentals are convenient and pocket-friendly. The main exception is Africa, but a case could be made because of their underdeveloped economy.
Reasons to Opt for a Car Rental Business Software
If you own a car rental service, taking your business online would be the best step forward.
Today, no business can function being just an offline store. Digitization and social media have a huge influence on businesses worldwide. Moreover, there is the customer expectation of online payment modes, which is the least of their tasks.
Opting for car rental fleet management software is essential to growing as a brand. Bringing your business operations online means you get more opportunities to reach a wider audience. Plus, the incentive to create public outreach extends exponentially.
Software for car rentals can:
- Regulate workflow,
- Increase customer reach,
- Drive demand, and
- Create more revenue
Jugnoo – The Best Car Rental Business Software
Jugnoo is a leading white-label application builder platform for businesses that want vehicle rental software. With a customer app and merchant app set up, your business can greet customers online. Additionally, having a driver app is important to create support for your partners.
Let us break down what each application will necessitate:
Customer App
The customer app needs to be feature-rich and provide options for users to make their selection. Ideally, the customer app should include all the items mentioned below:
- Onboarding
- Vehicle / Service Selection
- Ride Booking
- Allocation / Matching
- Ride / Order Tracking
- Promotions & Offers
- Notifications & Alerts
- Payments
- Reviews & Ratings
- Help & Support
Merchant App
The merchant app is for the business end that lets you serve your customers better. The features include:
- Inventory Management
- Time-based menu creation
- Product listings
- Track active and past orders
- Manage Incoming orders
- Payments
- Help & Support
- Admin control
Driver App
The third app is for your car rental partners, the drivers who act as service providers for your business and who interact with the customers. Their day-to-day app requires:
- Onboarding
- Managing Requests
- Trip Management
- Turn-by-Turn Navigation
- Contact Customer
- Payments
- Earnings Summary
- Ratings & Reviews
- Help & Support
- Tickets & Claims
A dispatcher channel and an admin dashboard complete all your requirements. Having an admin dashboard for your car rental software is what puts you in the driver’s seat. You can control all the facets of your business from a single source.
With Jugnoo, you can have all of these apps set up, your website designed and customised, and receive your entire online service handle ready within a day.
With a no-code policy and a dedicated team of professionals, Jugnoo can deliver your business apps and give you the best-in-class app experience for your car rental brand.
Gone are the days when implementing software took you months, with Jugnoo’s car rental software solutions, you can be ready to go in a matter of days. Jugnoo’s service-centric approach makes it a reliable partner, especially with 24/7 customer support. Putting the client first is the primary driving force in Jugnoo’s work ethic. Having served hundreds of happy clients before, Jugnoo has an experienced bunch of professionals taking over your application requirements.
Let’s talk business!
Getting down to brass tacks is not easy but you will surely like what Jugnoo has to offer. The attractive pricing scale that is made available for a whole range of clients is amazing. There is a good pricing plan for every type of business. With monthly and yearly payment options, you can choose the one that suits your best.
Jugnoo’s pricing is affordable and has more added features, you can choose the plan that is ideal for your business size. Car rental reservation software at these prices is a steal. The best part is that you get a 14-day free trial to try it out. It is sure going to change your world.
Conclusion
The future of renting cars is looking bright. So, car rental business software is quickly becoming a necessity. Staying ahead of the competition is your only chance of guaranteed success and being technologically innovative is the way to go.
Choose Jugnoo to make your business stand out!
Opt for a 14-day Free Trial to start out with the best car rental software.
