Manage and Sell Rental Products in Odoo

by webkulsoftware
odoo rental

By the end of 2017, there were 1.6 billion active online shoppers. After that, rental companies jumped at the chance to use this channel. Customers have an easily accessible, reasonably priced, and practical alternative to renting with a rental website. Every year, e-commerce sales rise, and most consumers now prefer shopping online to making a long trip to store. Create an online presence and launch a rental store in Odoo. Odoo rental extensions boost sales, lower running costs for your company, and raise profit margins.

Give consumers a fun alternative to purchasing a thing, rental goods and services are increasingly common among today’s demographics!!

Upselling and cross-selling are two main tactics for boosting online sales. Upselling is when online retailers offer customers better or more expensive versions of the items already in their shopping cart. Cross-selling promotes other product values that are related to the cart.

You should invest your time and money in a number of different marketing campaigns as well. Attract clients with limited-time deals, special discount codes, or calls to action.

Types Of Rental Tenures

  • For a rental product, there are two distinct tenure types: STANDARD and CUSTOM.

  • A consumer can only choose from options offered for the product if the standard Tenure is set for it.

  • Customers can choose any appropriate desired tenure for the product when it comes to bespoke tenure.

  • Calculation types used in Odoo determines overall cost of a rent.

Important points for adding rental products in Odoo!!

Choosing righteous technology is an important first step in managing a component of your business. This can handle complexities of marketing, pricing, and displaying real-time inventory availability. The responsibilities listed below are crucial for running and managing your department:

  1. Inventory management that is intuitive: The products you rent out, should provide a range of software methods for adding stock. It should be as easy to add one product as it is to add thousands. Make sure your current inventory management system allows you to add items either individually or in large quantities.

  1. A good option must make it simple for workers and consumers to locate, book, and rent properties online. By selecting a program with an integrated, mobile-friendly web store, you may save time and money. Customers view your inventory’s availability. They can easily search for and book additional products in a single real-time system.

  1. Processing for retailers and POS transactions: Your workers won’t need to learn a whole new procedure to use inventory management. Choose a system that can handle barcodes and serial numbers and manages inventory similarly to your current system.

  1. Options for dynamic pricing: Renting by nature contains a time-based pricing component. Longer an item is on rent, the greater your chance of making a profit on your investment. Rental systems are priced at two different levels for “extra” time: $10 first day and $6 for each consecutive day. Making a marginal profit on every sale is key to increasing profitability.

  1. CRM and communication platform: Renting items involves a “closed loop” transaction. In which item is picked up, used, and then delivered back to the store. Make sure the system you select has a communication module to inform workers and customers. When they are due back, and proof that they were returned on time. Customer experiences are improved by features like email and SMS (text) alert capabilities.

Looking for best platform for selling rental products?

Selecting a best platform to run your rental business is not the cherry on the cake. Seamlessly working platform is required to make your sake boost by acquiring a large number of customers.

Well, you’ve come to the correct location because Webkul offers excellent Odoo services. Along with customizing Odoo modules, we offer complete solutions. Along with products, Odoo services are available for support and customization.

We have developed a number of Odoo extensions to incorporate into your website for features and advantages.

For all of your business-related demands, there are numerous Odoo development packages available.

Modules provided by Webkul for selling rental products in Odoo

Rental Management

  • This module introduces Odoo’s structure and flows to manage your rental and leasing business.

  • Design suitable programs for a range of goods and services.

  • Include information about tenures, security amounts, etc.

  • Create Customers’ contracts in Odoo by individual orders.

  • Renew contracts in a single click after expiration.

Odoo Website Rental Sale

  • You can lease or rent items from your Odoo website with the help of Odoo Rental Extensions.

  • You may control contracts, invoices, and merchandise.

  • Create rental categories, then assign products to them.

  • The same website can be used to sell and rent items.

  • Make product agreements and include them.

Odoo POS Rental Management

  • Set rates for your products as well.

  • Set prices for your products using the Uom.

  • Each product may also have a security deposit.

  • Once item returns, admin refunds the amount.

  • For each product, create standard tenures and save them in POS.

  • While establishing orders for customers, you can use these tenures.

  • When creating order, you can select the standard tenure.

It makes it simple to rent items and use them for a predetermined amount of time. As a result, Odoo Rental Management Module manages your resources and orders for businesses that rent out goods and services.

This module meticulously builds a dedicated place to manage Rental goods in Odoo. Manage contracts, orders, and products in Odoo. In a separate Rental Sale menu, you may manage product categories and rental agreements. Renters have an option of choosing a custom or established tenure.


One of the most innovative online suppliers of business solutions is Odoo. As a result, there are several companies that specialize in Odoo development and offer Odoo Rental Management services. They tailor their Odoo modules to your particular business needs. As a result, you ought to seek the advice of an Odoo development business. Webkul offers you an ideal answer for each and every one of your corporate requirements. Odoo experts will undoubtedly assist you from the very beginning of your company. Additionally, they will raise stakes in your company.

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