How to Create an Equipment Rental Platform like Dozr
- Website Development

How to Create an Equipment Rental Platform like Dozr

With the emergence of new technology, such as advanced programming languages and readymade solutions, it has become easier for businesses to conduct traditional equipment rental operations online.  One such equipment rental platform that has been operating online since 2015 is Dozr. 

As a leader in Ontario, Dozr has established a strong foothold in renting equipment like excavators, wheel loaders, forklifts, trucks, backhoes, and tractors. Currently, it is vastly expanding in the US. In this blog, you will find out more information about Dozr and how you can launch a similar equipment rental platform: 

Features that assist Dozr in Generating Revenue

1. Features that assist Dozr in Generating Revenue

  • Market Intelligence
  • RFQ – Quote Automation Requests
  • Single-Click Renting & Submission of New Quotes
  • Unmatched Security with Shield

2. Propositions that give Dozr an edge to embrace Construction Technology

  • Subscribe to the Construction Blog & News for the Latest Insights
  • Follow a New Construction Firm or Social Media Blog
  • Listen to a Podcast
  • Webinar Signup
  • Ask for Assistance to bring Technology to your Business

3. Concluding Words

What is Dozr?

Dozr is the largest online equipment rental marketplace with more than $50 million worth of equipment on its platform. The marketplace acts as an investment & innovation unit within Fairfax Financial Holdings Ltd. 

Due to its popularity, Dozr collaborates with big names like Caterpillar, Liebherr Group, Komatsu, John Deere & Co. Its collaborations make its value proposition quite strong.

Features that assist Dozr in Generating Revenue

  • Market Intelligence

Market intelligence provides Dozr with enhanced decisive support capabilities that help it in outshining its competitors. Entrepreneurs need to have a proper understanding of their market to launch an online venture. The more they know about the market demand, trends, future scope, and consumer patterns, the better outcome.

  • RFQ – Quote Automation Requests

In the construction equipment rental industry, there is a need to receive real-time RFQs & businesses can respond directly to the contractors through the equipment rental platform. The streamlined way of communication makes it easy for Dozr to address consumer queries and build a connection between the suppliers and users.

  • Single-Click Renting & Submission of New Quotes

Dozr streamlines the rental process by accepting complex orders through an RFQ module. It also uses a bidding system to increase engagement on the platform and get the best value for its rental equipment.

  • Unmatched Security with Shield

Dozr facilitates an appropriate process for ensuring that the equipment reaches customers in good hands. This way, the company makes suppliers confident about their ability to lend out the equipment & generate more revenue.

Propositions that give Dozr an edge to embrace Construction Technology

Dozr has consistently stayed ahead of the curve through its tentativeness towards the construction industry. Below are some of the actionable steps that you can consider to stay ahead, like Dozr:

  • Subscribe to Construction Blogs & News Channels for Latest Insights

Construction technology is an evolving topic. You can keep yourself up to date by following renowned blogs and magazines of the construction and mining industry. You can also search blogs on Google & get acquainted with the latest industry trends that will take you one step further. 

  • Follow Thought Leaders

From Dozr to Caterpillar, there are so many construction companies that stay updated with the latest trends. Also, there are distinct experts on social media who talk about important news and leave industrial insights. 

  • Listen to a Podcast

This is the best way to stay acquainted with the construction industry while going to your work & listening to 20-30 minutes of podcasts. In addition, you can get insights & advice from the experts in podcasts of companies like ConTechCrew and many more.

  • Webinar Signup

These are the online sessions where you can listen to various conversations on a specific topic, ask questions & find out new things. There are plenty of websites available. You can feel free to check them out & learn something new about the industry. 

  • Ask for Assistance to bring Technology to your Business

If you are not sure about business technologies, you can take some time out to seek assistance and start an equipment rental business.

Concluding Words

Software technology is essential for equipment rental business owners, and creating a platform like Dozr will require an advanced solution. Such a versatile and resilient equipment rental software that we recommend is Yo!Rent. Not only is Yo!Rent is fully customizable, but it also comes with unlimited listings, user profiles, and transactions. 

For building an advanced rental store like Dozr, Yo!Rent has timeless features like an RFQ module, booking calendar, product inspection, and document verification. Click here to find more information about Yo!Rent.  

How to Create an Equipment Rental Platform like Dozr

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About Bhavmeet Kaur

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