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30 Oct 2024

ACT parent company Bira is working with UK Finance and other organisations who form the UK’s wholesale cash industry to gain vital information to ensure businesses get the best possible...

29 Oct 2024

Eighteen organisations, including Cycling UK, Greenpeace, The Centre for Mental Health, and The Association of Directors of Public Health, have urged the Chancellor to allocate 10% of the...

25 Oct 2024

ACT members were in attendance at the hugely successful Bira Conference in London last week, featuring an inspiring line-up of speakers providing valuable insights from independent retail...

24 Oct 2024

Peloton Interactive has strategically launched a rental programme, broadening its market appeal. Traditionally, Peloton’s offerings have been positioned as premium, high-investment...

22 Oct 2024

UK cycling manufacturer Whyte Bikes has announced the closure of its three cycling experience hubs following a major shift in the company’s strategy, which includes supporting independent...

15 Oct 2024

The ACT is launching a campaign to ensure fair and accurate reporting of e-bike-related news while promoting the positive aspects of e-bike usage.

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.

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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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