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Company | SpareFoot, Inc. | ||
|---|---|---|---|---|
| http://www.sparefoot.com | ||||
| Founded: | 08/10/2008 | |||
| City: | Austin, Texas | |||
| Country: | United States | |||
| CEO: | Chuck Gordon | |||
| Founders: | Chuck Gordon, Mario Feghali | |||
| Category: | Marketing/Advertising | Funding: | VC | |
| Tags: | storage, self storage, mini storage, pod storage | Employees: | 6-15 | |
What does SpareFoot, Inc. do?
SpareFoot is an online marketplace for self-storage, mini-storage and pod-storage listings of all shapes and sizes, with everything from the units at your local self-storage facility to the garage, bedroom or parking spot at your neighbor’s house.
How are they different?
In the same way that an Expedia.com makes it possible find the best deal on airplane tickets and hotels, SpareFoot makes it possible to find the best deals in self storage, all from a single location on the web.
SpareFoot enables storage seekers to filter search results by location, unit size, cost and amenities. The whole process takes 5 minutes instead of what has taken multiple hours of visiting web site after web site and making phone call after phone call in the past.
As an open marketplace, SpareFoot also gives individuals the unique opportunity to rent out their garage space, spare bedroom or parking spot to make some extra cash while also providing an affordable storage option to other people. To secure this type of transaction, SpareFoot offers a professional customized lease agreement.
Why could SpareFoot, Inc. be BIG?
Much like Expedia, SpareFoot gives consumers a true comparison shopping experience. SpareFoot is the only place you can book a self storage unit the same way you book an airplane ticket or hotel room on Expedia. Instead of visiting web site after web site and making phone call after phone call to compare and find the best deal on storage, customers have an easy way to find the space they need from a single website in less than 5 minutes.
How they plan to make money:
SpareFoot is a performance-based model, so we don’t make money until our storage providers receive bookings from site visitors. The site works on an auction system in which companies bid for favorable placement. When customers book a storage unit, SpareFoot takes a cut of half the first month’s rent.
Our thoughts:
No thoughts at the moment. Very interesting!
Please visit their website to learn more: http://www.sparefoot.com
