Toy rental business? Really?
Those were the two questions that I asked myself after discovering that rent a toy businesses exists online. My next question to myself was, “Why in the world would anyone want to give a toy to their child that has been used by thousands of other kids?” Well you will find the answer to that question as you continue reading this post.
If you were to ever visit my home you would know right away that I have a small child. Actually, he is five years old. The amount of toys that my little man has laying around his play area would quickly give us away.
No matter how many toys he has and gets, he always wants more and more. He gets bored with toys very quickly. Toys, toys, and more toys. His dad and I promised ourselves that we would never buy any more toys for him because he has too much, but we always end up buying more. If you are a parent of young children, I bet you can identify with me.
Well you know what, there are parents who have a solution to this issue…children getting bored with their toys too quickly. They seek out toy rental businesses online and join a toy membership…something like Netflix. So they pay a monthly fee in order to rent a toy…a variety of toys every month. I would not join a toy rental membership site, but there are thousands of people who do. Toy rental business…I think the idea is growing on me already.
This could actually be a great business idea for a stay at home moms, etc. If you are reading this post and want to start a unique business online, one with monthly passive income, starting a toy rental business can be ideal. Check out an article below from Boston CBS Local regarding the rent a toy business. Maybe it can give you some ideas on starting your own toy rental business.
BOSTON (CBS) – When you are a kid on Christmas morning, it’s all about volume. But when you are a parent, cruising the aisles of the toy-store in December, it’s about trying to balance a happy holiday with a reasonable budget.
Paul Reinsmith of Boston has found a great way to have plenty of toys under the tree, and all year, without breaking the bank. Paul and his wife Pam discovered what they call the ‘Netflix’ of toys.
It’s called Toygaroo, a website that lets parents rent toys for a fraction of what they would cost to buy “It’s the ideal situation for the holiday time,” Paul said. “You can stuff toys under the tree for under 50 bucks. If you were out there buying them, there’s just no way you could do that.”
Paul and Pam choose the toys that are best suited for their son Will and just like Netflix, they go into a queue. Depending on the service plan, every month or every other month, a box comes in the mail with a new set of toys from the queue. When the time is up, send the toys back and a new box will be on its way.
View video below…Mom starts online toy rental service
Here’s an idea of what you get and how much it costs. The cheapest option is $24.99/month for a box of four toys.
We chose The Toy Story 3 Speedway, The Thomas the Tank Engine laptop, Chicco’s radio controlled ATV and the Rolling Round Jungle.
The retail value of those toys is $112.96.
If there is something your child just can’t bear to send back, or if something gets lost or broken, you can purchase the toy at a discounted price.
One mom we talked with liked the concept, but wasn’t thrilled about the idea of her kids playing with toys that had already been around the block with who knows how many other kids. Toygaroo says all the toys are carefully sanitized and re-sealed in plastic before they are shipped to a new home. Paul says all the toys they’ve seen have been like new.
“We haven’t found any ick factor at all,” he said.
We spoke with several moms in Belmont Center who loved the environmental aspect of the service. No more throwing unused or unwanted toys in the trash.
For the Reinsmiths, it’s a great way to keep their active toddler busy and happy. Toygaroo offers a wide variety of toys, but most are geared toward the toddler and early elementary crowd. There’s no real sophisticated electronics or toys designed for older kids.