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11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024

10 Oct 2024

Cycle to Work scheme provider Gogeta has reported a significant increase in the number of employers signing up to its scheme.

9 Oct 2024

A UK cycling charity focused on recycling unused bikes and providing them to disadvantaged people has set up a fundraiser to help tackle significant increases in its costs.

9 Oct 2024

Long-standing independent bike shop Cyclesense has revealed a complete rebrand as it seeks to reflect its evolution from a local shop to a nationally recognised cycling retailer.

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also...

3 Oct 2024

3 in 4 Britons (77%) would ban paper receipts if they knew how many trees were cut down to generate them – and millennials are the most eco-conscious (rising to 87%).

25 Sep 2024

Major media outlets, including the BBC and Sky News, as well as regional and cycling-focused media to the growing  have been giving significant coverage to E-Bike Positive, the largest-ever...

25 Sep 2024

The Association of Cycle Traders (ACT) is excited to announce its new partnership with Renticy, the dynamic platform transforming retail through rental solutions. This collaboration brings a...

24 Sep 2024

The British Independent Retailers Association (Bira) is set to address critical issues facing the UK's high streets at its upcoming Annual Conference, marking the event's return after a six-year...

23 Sep 2024

Madison is teaming up with Cytech and the Rediscovery Centre in Ireland, to offer a first-class bicycle mechanic training facility by providing a full Park Tool workshop.

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ACT Partners with Renticy to offer Cycle Retailers an Innovative Rental Platform with Exclusive Free Trial

Posted on in Business News , Cycles News

The Association of Cycle Traders (ACT) is excited to announce its new partnership with Renticy, the dynamic platform transforming retail through rental solutions. This collaboration brings a unique opportunity for ACT members to expand their revenue streams by offering rental options to customers both in-store and online.

Renticy

Revolutionising the Cycle Retail Industry:

As consumers increasingly seek sustainable and flexible shopping experiences, Renticy
is at the forefront of this shift, empowering retailers to rent out their stock with ease. Our
platform simplifies payments and inventory management while ensuring retailers are
protected from damage or non-return through our comprehensive Renticy Protect
guarantee.

James Bradley, Commercial Director at Renticy, comments on the partnership:

"This collaboration aligns with our growth strategy, offering ACT members exclusive
benefits that enable them to explore new revenue opportunities through rental services.
We're thrilled to work with an organisation as influential as ACT, and we believe this
partnership will provide tremendous value to cycle retailers across the UK."

Leon Mepham – ACT Membership & Services Manager:

"We’re excited to announce our partnership with Renticy. We believe the partnership will help our members unlock new revenue streams in their businesses. In a world full of tech solutions, Renticy is one that can save time, create revenue, protect the users while providing a sustainable solution. I’m sure many of our members will find the ‘no risk trial’ worth giving a go."

Unlocking the Power of Rentals:

Renticy is designed to help retailers maximise their inventory's potential, providing a
rental service that can increase revenue by up to five times compared to a standard
sale. Whether it's for new, used, or refurbished products, retailers can seamlessly
integrate rental options into their existing business model, meeting the growing demand
for sustainable consumer choices.

The platform handles every aspect of the rental process—from fraud screening and
contract setup to payment collection—making it an all-in-one solution for retailers. The
addition of Renticy Protect means retailers can feel confident, knowing they are fully covered in case of any product damage or non-return.

Exclusive Offer for ACT Members:

As part of the partnership, ACT members will enjoy a 12-month FREE trial of Renticy,
offering a no-risk opportunity to explore the benefits of rentals for their business. This
exclusive offer provides access to Renticy’s platform, enabling cycle retailers to
generate new revenue streams and better utilise their inventory without upfront costs.

About Renticy:

Renticy is a cutting-edge platform built to empower retailers with rental solutions for
their inventory. Focused on sustainability, innovation, and profitability, Renticy allows
businesses to offer flexible, secure, and profitable rental options to their customers.
With Renticy, retailers can increase their revenue, reduce overstock risks, and meet the
growing demand for eco-conscious shopping.

For more information click here.

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