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13 Nov 2024

Award-winning cycling charity, Life Cycle, is excited to announce its new partnership with Cytech, the internationally recognised training and accreditation scheme for bicycle technicians.

8 Nov 2024

Challenging market conditions due to poor weather and broader economic pressures continue to challenge Halfords, despite positive customer response to its new premium range of bicycles.

7 Nov 2024

Accell Group, owner of Raleigh, Lapierre, Babboe, and other bike brands, has announced that its parts and accessories inventory levels are back to normal, with bike inventory expected to follow...

7 Nov 2024

Torq Zone Academy proudly celebrates 10 years as the pioneering institution for bicycle technician trainingRead more…

6 Nov 2024

Glasgow is set to receive a substantial boost for cycling infrastructure and community facilities, with over £500,000 of funding to be provided to two major projects.

6 Nov 2024

ACT members won numerous awards and dominated certain category nominations at last week’s BikeBiz Awards 2024 in Birmingham.

1 Nov 2024

Independent retailers across Britain have reacted with dismay to yesterday's Budget, with many warning of store closures, job losses and cancelled expansion plans.

30 Oct 2024

The British Independent Retailers Association (Bira) and the ACT have condemned today's Budget as the most damaging for independent retailers in recent memory, with...

30 Oct 2024

Retailers and hospitality businesses are paying three times their economic share in business rates, according to analysis by the British Retail Consortium (BRC) and UK Hospitality.

30 Oct 2024

eBay is tightening regulations on e-bike and e-bike battery sales in the UK from 31 October, in a change aimed at prioritising consumer safety.

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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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