Forkliftaction.com

DISCUSSION FORUMS : Forkliftaction.communicate

My forum profile

Printable version

Discussion Forums Home

Forum:

Business management

Discussion:

Forklift Rental: Marketing Plan & Strategies

Number of messages: 8

START MESSAGE:

chris_a
Philippines, Philippines

Our company is based here in the Philippines (Southeast Asia). Our company is an exclusive distributor of a particular forklift brand from Japan. It had ben discussed in the company to create a subsection on Forklift Rental. This task was assigned to me. Our company is only well experience in dealing with selling brand new units. However, forklift rental is quite a new playground for us. I need you to share your opinion on how I should go about penetrating the rental market in the Philippines. There are quite a few companies here in the Philippines that are doing the same thing. I would like our forklift rental department to be competitive in service, rates and many other things that includes forklift rental. Please advise me on the things I should look out for and the things I should do to penetrate the market. As of the moment, we ned to have a baseline data or opinion for us to know the direction of the rental market that the company will develop. Thanks a lot...

Posted 22 Nov 2005 04:58 PM

Report this message

REPLIES:

Sort replies by

adrian_w
East Yorkshire, United Kingdom

Just read your posting.
The long term contract hire can be a profitable and also costly business to be in. I could write all day on this subject but it would be pointless if you have started to experiance this venture.
If you reply back, i would be happy to help.

-------------------------
Premier Mechanical Handling, Hull. UK

Posted 1 Mar 2006 07:31 AM

Report this message

Tycoon
New Delhi, India

How many types of the contracts are there which one could offer. can you brief what precautions should be taken to start lease business

Posted 8 May 2008 06:32 PM

Report this message

Tycoon
New Delhi, India

Dear Adrian,
I have decided to go for the leasing business. How to price the rental is tricky to me. Please help me.

Posted 26 May 2008 08:04 PM

Report this message

richard_y
Singapore, Singapore

Dear Tycoon,
Rental business is now getting popular in Singapore. It really depends on how you really want to do this. You have to know the working hours of the rented forklift. If the rented forklifts are to have heavy usage, then rental charges will be higher. For long term rental (say 3 years or more), normally they will be new forklifts. For normal usage (in Singapore - 8 hours a day) your return of investment on the forklift is usually 3 years with only free replacement of tyres once for front and two for back tyresper year. Any misuse or operators negligence are not included. Please bear in mind that if customer want 24/7 service, then different rate will apply. Hope this will give you a rough idea on forklift rental business. You must also know what environment are the forklifts working in.

Modified 1 Sep 2008 01:34 AM
by poster.

Report this message

philippe_m
JALISCO, Mexico

Hi There
Are you looking for good deal ?
If you're used to work with up to 100 forklift ....I can offer you to cut down on expenses at least 85% into batteries .
Plz feel free to send email at philippe dot alan at gmail dot com

Posted 14 Dec 2008 03:58 PM

Report this message

zarci
ncr, Philippines

hi cris,

may i know your company thanks,

-------------------------
cesar

Posted 28 Feb 2009 10:27 AM

Report this message

DAVE160
yorkshire, United Kingdom

Hi we are looking into a franchise for a forkliftrantal company
in Asia whats your thourghts

Posted 8 Mar 2009 01:42 AM

Report this message

Forkliftaction.com accepts no responsibility for forum content and requires forum participants to adhere to the rules. Click here for more information.

FORUM GLOSSARY

Click for description.

FORUM

DISCUSSION

MESSAGES

NICKNAME

SIGNATURE

FORUMS

Discuss: Industry News & Whispers

Discuss: Conferences, trade shows & other events

Discuss: Mechanical Troubleshooting

Discuss: Technical arena. Did you know? Who knows?

Discuss: Machines. Forklifts, stackers, telehandlers, container handlers and reach stackers

Discuss: Business issues

Discuss: Safety, training & legislation

Discuss: Fun at work