Toy Rentals

Toy Rentals are Companies that work on the concept of Libraries where Books are substituted by Toys,Children Books,Children Puzzles etc.Toy Rentals are a relatively new concept and have gained traction in different countries first though they are far from  mass scale such as Car Rental Companies.The concept of Toy Rental Service or Toy Libraries is fast catching on in developing countries like India as well where the obvious value add to both companies and buyers make it a sharply growing industry.

Advantages of Toy Rental – A New Green Concept

Toy Rentals are a Green Concept as they help in reducing Waste,Promotes Sharing and Reduces your Carbon Footprint.It not only is Green but also has the following advantages

1) Reduces Cost of Ownership of Toys,Books,etc

2) Allows a Child to Play with new and unique toy not possible in a single ownership model

3) Reduces the Space Requirements in your House which also helps the Environment

Toy Rental – How it Works

Toy Rental works by Members paying a Monthly Service Charge to a Toy Rental Service Provider and in return they get a predetermined Number of Toys of Certain Quality depending on the Plan they subscribe to.The customer gains as his cost of purchasing toys become minimal given the high cost of toys especially Fisher Price and others.The Customer gets New Toys every month or so so that the Child does not get bored with his old toys.The Toy Rental Service Company also gains as it gets a Revenue Stream determined by the number of  subscribers.The Toys are delivered at the home of the customer after choosing them online making this a hassle free,very convenient experience for the customers.

You might also be interested in looking at Solar Powered Toys for Kids.

Guide on Toy Rental

The Steps in a Toy Rental are given below

1) Choose a Toy Rental Company

2) Register with the Company Online by Choosing a Rental Plan

3) Get a Login and Browse the Website for Toys

4) Choose Toys and Order

5) Get the Toys Delivered at Home or Pick it from the Toy Rental Provider

Toy Rental Companies

The Major Toy Rentals Companies (most of them ae based in Singapore with BabyPlays in the USA)

1. BabyPlays.com
2. The Toy Rental Club
3. Toy Rental World
4. Toys4Rent

Toy Rental Companies in India

Like in other places,Toy Rental Companies are only starting out in India and most are in the startup phase and mostly serve single cities though some are planning to expand through the franchise model.Most Toy Rental Companies charge a Registration Fee,Deposit Fee Plus a Monthy Fee.This can come to anything between Rs 1500-3000 as the first payment which is similar to outside.I think India has a better chance of Toy Rentals becoming more successful because the culture here is more adjusted to the concept of sharing toys and  stuff with cousins.

1. KhilonaGhar – Mumbai
2. Magnum Cycles – Mumbai
3. Rentoys – Bangalore,Hyderabad & Mumbai
4. Toys on Rent – Bangalore
5. MindsGym
6. KidsGuruKul
7. CallaToy