Company description
Getable connects people with their favorite products on-demand from trusted rental establishments.
Team
Tim Hyer | Founder
Tim is most interested in how the intersection of business and design can lead to innovation and meaningful experiences for the consumer. Prior to founding Rentcycle, Tim worked in business development for Cheskin, an innovation consulting firm. Before that, he was Brand Manager at Red Hat Inc, where he strategically managed the brand portfolio for this global software company. Tim graduated with distinction from Duke University with a BA in Visual Arts (graphic design) and Certificates in Markets & Management Studies and Film, Video, and Digital Media. When he's not designing the company website or visiting rental shops, Tim competes in triathlons and explores the California coast with his wife and dog, Stella.
Business model
Getable is free for consumers to use. We make money through commission and promotional fees, both paid by the rental businesses.
Each rental business gets a listing in the Getable marketplace with free access to our reservation and inventory management tools. For converting an online lead into an online sale, Getable takes 10% of the transaction cost. Getable gets no commission until a reservation is made.
Getable will also offer enhanced listings to rental businesses looking to increase their visibility in the marketplace. This will be offered as a monthly advertising fee.
Competitive advantage
Two trends are currently emerging in the space of consumer Internet. First is the movement to bring local service providers online. Second is the gravitation toward renting as a viable option for exchange because of its economic and sustainable benefits.
Rentcycle delivers on both of these trends by giving consumers direct access to rental business inventory in real-time. We do this by serving local businesses in order to increase efficiency. To date, we are the only company doing this.