Best Practices for COOP Owners
Whether you’re just getting started or a vehicle-sharing veteran with COOP by RyderTM, it’s worth asking yourself, “How can I get my business in the best possible position to get transactions on the platform?” Here’s our straightforward tips on how to do just that. Below we’ll cover the key profile, account, and maintenance practices that’ll get your commercial vehicle noticed.
Optimize your Vehicle Listing
Businesses have a host of diverse needs when it comes to renting a vehicle on COOP. Make your vehicle listing easier to find so those who want to rent a specific vehicle that matches your specs and features will be able to discover and reserve it.
Manage your Vehicle
Begin by adding a vehicle under the Manage Fleet tab in your account. Clicking the Add Vehicles button will prompt you to provide the COOP team necessary information so we can start bringing your vehicle on to our network.
Under the Manage Fleet tab you can Manage Vehicle next to each listed truck. Revise your vehicle’s details and set any applicable restrictions here, if need be.
Once added, select the dates when your truck will be available. Make the vehicle available periodically to save clicks or check the box for availability all-the-time depending on what you can predict for the foreseeable future. Only make your vehicle available for days you can guarantee it can be rented out. Update your fleet’s availability regularly, this will be the key section visited most often so that you don’t have to manage requests coming in when the vehicle is already in use.
Set your Rate
Set the right rate for your vehicle. Try our default recommended rate for your vehicle type or edit to taste. Slide your daily rate up and down the slider to select the rate you’d like. Check the box below the slider to set an industry-standard discount for long-term bookings to stay competitive. Estimate potential earnings on COOP using our simple revenue calculator and see how much your idle vehicle can earn.
Look your Best
Another way to increase your chances of renting your vehicle out is to add photos of your truck, tractor, or trailer. Take photos with your phone or camera to capture all four sides of the vehicle, the interior of the cab and inside the cargo space. Stage photos of the vehicle against a background that’s not too busy, a blank side wall or greenery behind the truck works well. Be sure to include both the cab and body so renters get an accurate view of the entire vehicle.
Specify the Specs
Appearances aren’t everything. You’ll also want to write in some additional features or requirements for your vehicle, especially if they aren’t included in COOP’s specified features. For example, if you prefer that drivers don’t smoke while on their rental in your vehicle, add “No Smoking Allowed.” Or, if your flatbed comes with straps, make a note of that too. Think of what you appreciate about the unit and you can bet a renter out there would consider it during their reservation decision.
Promote your vehicle
Find your fleet’s permanent web link so you can start advertising it to any network. Right below the Manage Fleet tab you can find an orange button that copies your fleet page to share as a url link. You can use this link wherever you’d like to promote your vehicle, such as social media, email, or even in a text message to another trusted business.
Do you have a success story using COOP? Listening to our Featured Customers through video interviews is a pleasure that we’ll visit with you to make reality. If you want to share your vehicle with hundreds of COOP customers, let us know.
Make your Vehicle Road-Ready
Keep your vehicle’s maintenance up-to-date while you wait for renters to book. Some ideas are to check your tires PSI, ensure you have a quarter tank of fuel and DEF, and clean your cabin as well as the cargo area.
When you do get that booking, prepare for your reservation and take photos of your vehicle’s present condition. Contact us as need be so that your reservation goes off without a hitch. You can even complete these steps on-the-go with our recently-released mobile app!
Build your Profile
With COOP it’s all a matter of connecting a network of carefully vetted companies, large and small, on our platform. Give renters a chance to become acquainted with their vehicle owner-to-be by setting up your profile. No doubt you’ve already got some foundations, but make sure everything looks right before you go.
Find your Settings
Once you’re logged in, click the upper-right of the screen to access Account Management. Once there, you’ll find your profile ready to update under the Profile Settings tab.
We find that accounts on COOP that welcome with a first impression make renters comfortable and bring in more reservations. An opportunity to impress your audience is when you upload a profile photo that shows your location, logo, or you.
Confirm your Locations
Confirm your location details under the Pickup Locations tab are correct, include a contact person, parking, and hours of operation. Add any special instructions or a gate code here as well. For security purposes, the information in your pick-up instructions aren’t given to renters until one has booked with you. Pick-up and drop-off locations should be easy to access and secure so the driver for the reservation can find the vehicle and get out on the road.
Prioritize your Payment Info
End of the day, you’ve joined to generate revenue so make sure your payment information is up to date. Verify the payment method preferences under the Manage Payments tab to ensure you’re ready to transact. Get paid at the end of each rental transaction once everything is set up on your account. Our payment method is 100% secure and takes just a minute to complete.
We’d like to leave you with a couple of our most key security tips. Just to be safe, don’t respond to requests to schedule or pay for transactions outside of the platform. It wouldn’t have the protections in the rental contract, so it is in your best interest to keep your vehicle covered by transacting through the platform.
As time goes on, please notify us if there are any changes to your DOT or insurance coverage. If your insurance expires or DOT changes we’ll update your records to make sure you can continue to share on the platform.
As always, if you want more guidance or suggestions on how to get your vehicles rented, stay connected with our COOP team. Feel free to reach out to your representative with any questions you have. We’re always happy to help! And, stay tuned for more tips coming through the COOP blog about how you can generate revenue from your idle equipment. Happy sharing!