The proliferation of rental businesses in several industries was followed by the emergence of numerous rental software. Out of the many solutions present today, Yo!Rent, Sharetribe and Arcadier are dominating the market. In this blog, we have pitched these three against each other to help you select the right solution as per your business requirements.
Yo!Rent vs Sharetribe vs Arcadier
Let’s begin with some quick briefing on all three software:
Yo!Rent
Yo!Rent is an online rental software capable of powering B2B, B2C and P2P (peer-to-peer) rental websites and marketplaces. To simplify store development for entrepreneurs, the team behind Yo!Rent analysed various niches and rental product categories to come up with the highly-reliable solution. The UX/UI elements of the software also support industrial design and color psychology to provide strong branding fundamentals to business owners.
Sharetribe
Sharetribe is inclusive of all features that are important for the quick deployment of a rental website. It also uses a clean interface to attract customers and boasts a powerful set of functionality to simplify rental operations. Sharetribe is also very scalable and grows along with your business. It is available as both free and paid (customizable) software.
Arcadier
Arcadier is a tempalized solution to start various types of eCommerce businesses. One of the marketplace types that it covers is rental and has several features on it. On a broad level, Arcadier can adjust to several business models and workflows and is a reliable solution for business experimentation and SMBs. However, this solution also comes with an Enterprise package that has been specially designed for large scale enterprises.
These rental solutions differ from each other in the following aspects:
Yo!Rent | Sharetribe | Arcadier | |
Hosting Type | Self-Hosted | Cloud | Cloud |
Solution Type | Readymade | SaaS | SaaS |
Fully Customizable | Yes | Only Top Package | Only Top Package |
Number of Listings | Unlimited | Unlimited | Unlimited |
Number of Users | Unlimited | 100 (base package10,000 (top package | Unlimited |
Number of Transactions | Unlimited | Unlimited | 500 per month (base package) Unlimited in top package |
Transaction Fees | Zero | Zero | N/A |
Personal Demo | Available | Not available | Not available |
Key Features | Rental security management, product inspection, document verification, free and paid cancellation periods, custom pickup slots, map view, advanced booking calendar | Geolocation, scheduling, instant booking, custom cancellation policies, custom filters, credit card authorization | Listing variants, multicart checkout, bulk shipping, calendar scheduler, dynamic search, enquiry flow |
Multilingual & Multi-currency | Yes | Yes | Yes |
Pre-Integrated APIs | 12+ | None | None (But comes with a plugins marketplace) |
Pre-Integrated Payment Gateways | 20+ | One (Stripe Connect) | 3 (Stripe, Paypal and Omise) |
Support | Free technical support for 1 year | Recurrent pricing inclusive of support fees | Recurrent pricing inclusive of support fees |
G2 Ratings | 4.5/5 | 3.9/5 | 4.5/5Enterprise package unrated |
Clutch Ratings | 4.9/5 for FATbit Technologies (official manufacturer and provider) | N/A | N/A |
Wrap Up
Based on the aforementioned table, Yo!Rent emerges as the most versatile and agile solution with maximum rent-centric features. It is also a readymade solution that is suitable for small to midsize businesses. However, if you are working with a very restricted budget, you can go for either Sharetribe or Arcadier as they are SaaS solutions. Be cautious though as they might cost you too much in the long run with their never ending payments. With SaaS solutions, business owners also need to upgrade to a bigger package to increase the number of users, listings or transactions.
Lastly, all the three solutions don’t charge a transaction fee of their own but the same cannot be said for their third-party payment gateway systems. There can be many more complexities like these in the software. Thus, you can only get a proper and thorough idea about the reliability of the solution for your business by contacting the respective sales team and experts.