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Development of a Peer-to-Peer Rental Marketplace Platform

essentialdesigns.net

eCommerce

Challenge

Sponge needed a robust and scalable web and mobile application to launch their peer-to-peer rental marketplace and facilitate user interaction for posting, discovering, and managing rental agreements. The lack of a dedicated platform hindered their ability to efficiently connect renters and owners.

About the Client

Edmonton, Alberta-based startup providing a platform for users to rent items to each other.

Project Objectives

Launch a fully functional rental marketplace website and mobile application.
Enable users to easily post rental items with detailed information (availability, pricing).
Facilitate secure communication and inquiry management between renters and owners.
Provide a user-friendly interface for browsing and searching rental listings.
Streamline the rental process from inquiry to agreement.
Ensure the platform is scalable to accommodate future growth.

Functional Requirements

User profile creation and management
Item listing with detailed descriptions, images, and pricing
Search and filtering functionality
Inquiry management system (messaging between users)
Rental agreement management
Availability calendar
Payment processing integration

Preferred Technologies

Responsive Web Design

Mobile App Development (iOS & Android)

Backend Development (e.g., Node.js, Python/Django, Ruby on Rails)

Database (e.g., PostgreSQL, MySQL)

Cloud Hosting (e.g., AWS, Azure, Google Cloud)

Integrations Required

Payment gateway integration (e.g., Stripe, PayPal)
Mapping service integration (e.g., Google Maps) - Optional for location-based searches

Key Non-Functional Requirements

Scalability to handle a growing user base and number of listings
High availability and reliability
Security to protect user data and financial transactions
Performance optimization for fast loading times

Estimated Business Impact

The new platform is expected to significantly increase Sponge's market reach and user engagement, leading to higher rental transaction volume and revenue generation. The user-friendly design and efficient processes will enhance user satisfaction and establish Sponge as a leading peer-to-peer rental marketplace in the region. The platform's value proposition, as highlighted in the case study, positions Sponge to outperform competitors and achieve strong growth.