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Community Forums => The Lounge => Topic started by: aaron1867 on January 24, 2017, 04:10:40 AM



Title: Could I pinch you all for a bit of market research?
Post by: aaron1867 on January 24, 2017, 04:10:40 AM
I could really do with some thoughts on this by anyone and even more so by those who use storage facilities.

I have a little solution towards storage, etc. I think it's a bit different, but understand people's potential fears, so here goes.

I am currently creating an online platform (website/app) where basically people can offer storage in their homes (or other premises) to people looking for storage. Therefore it creates a positive for both people, one customer gains financially through getting paid to let some space and the other gains financially as it's cheaper than elsewhere.

At the moment, I'm trying to work out how to get the online platform to safeguard customers, from obvious situations happening and how people will feel easier.

So, my question is would you store your items at a strangers house if you feel it saves you £?

Also, would you be interested in potentially storing other people's items also?

Any extra thoughts are ideal too.

Thank You 😬


Title: Re: Could I pinch you all for a bit of market research?
Post by: Woodsey on January 24, 2017, 06:09:19 AM
Possibly and no. Security and damage to my items would be my biggest concern, what if their storage space was a damp musty old garage? doubt I'd use the service until it was well established and there were safeguards in place.


Title: Re: Could I pinch you all for a bit of market research?
Post by: PokerBroker on January 24, 2017, 08:07:43 AM
No and no - if I have no room for it then is binned or given away.


Title: Re: Could I pinch you all for a bit of market research?
Post by: Longines on January 24, 2017, 08:41:25 AM
Have you seen http://www.bbc.co.uk/news/business-38211628 ?


Title: Re: Could I pinch you all for a bit of market research?
Post by: Woodsey on January 24, 2017, 09:22:00 AM
No and no - if I have no room for it then is binned or given away.

House moving market innit.


Title: Re: Could I pinch you all for a bit of market research?
Post by: MintTrav on January 24, 2017, 01:03:30 PM
Yes and yes.

Seems a super idea to me.

Why an app rather than a website?


Title: Re: Could I pinch you all for a bit of market research?
Post by: AndrewT on January 24, 2017, 01:16:01 PM
So what happens if I store stuff round at your house and need to access it but you're not in?

Do I have to phone you up and make an appointment to access my stuff?


Title: Re: Could I pinch you all for a bit of market research?
Post by: RED-DOG on January 24, 2017, 01:19:15 PM
Would my goods be insured if I stored then at someone's house?

Would my house insurance cost go up if I stored someone's valuables?

Would I have to register my house as business premises?


Title: Re: Could I pinch you all for a bit of market research?
Post by: EvilPie on January 24, 2017, 01:34:16 PM
Everything's going to get nicked.

Insurance obviously the main issue. I can't imagine any insurer would touch this business and without insurance you don't have a business.

That would be my first bit of research. Speak to insurers and see if it's even feasible before you spend too much more time on it.

If people are having to insure their own goods (as we do at our storage facility) then I think you're going to struggle to get many customers.

I'm being deliberately negative here by the way. Any business venture needs critiquing. If you have the answers to all of the potential pitfalls then happy days. I won't tell you the positives as you know all of them. It's potentially amazing but the bad bits are the bits you need to concern yourself with.


Title: Re: Could I pinch you all for a bit of market research?
Post by: arbboy on January 24, 2017, 01:41:08 PM
Like all of these services which under cut typical businesses you are getting a cheaper price because you are buying an inferior product generally.  It is not comparable when you look into the details of what you are buying.   Airbnb/Uber etc.  If you don't mind receiving an inferior product then fine but when people are trusting you to look after their treasured possessions rather than a quick nap in someone's room or a quick taxi drive then i think price isn't the key driver here for most people it is security and trust.  You can't offer that with the greatest of respect for multiple reasons.

I have never used a storage facility.  I am more like Pokerbroker just get rid of stuff when i don't need it or sell it.  I get their place in the housing market though but don't think you have a real business here tbh.  For that reason i am out.


Title: Re: Could I pinch you all for a bit of market research?
Post by: MintTrav on January 24, 2017, 02:59:48 PM
Seems people haven't read the link, cos there are already others doing this.

Insurance is available, but I'm not sure why everyone is emphasising valuables / treasured possessions. It's clearly more suitable for less valuable, but bulky, stuff.


Title: Re: Could I pinch you all for a bit of market research?
Post by: EvilPie on January 24, 2017, 03:47:36 PM
Seems people haven't read the link, cos there are already others doing this.

Insurance is available, but I'm not sure why everyone is emphasising valuables / treasured possessions. It's clearly more suitable for less valuable, but bulky, stuff.


It still carries a value though and if it goes up in smoke who covers it? If I was to leave my £2k dining table / chairs at someone's house and never got to see them again I'd be pretty upset. If it's a couple of suitcases full of clothes it may seem like low value until it disappears and you have to replace it. The person doing the storing needs to be careful as well. If they made a claim the insurance Company could say that they were under insured and only pay out pro-rata. As long as they're aware of what you're doing you're fine but if you're insured for £10k worth of stuff and you make a claim and they find you've got £20k of stuff in your house good luck getting paid out.

Furniture storage is possibly a good one. I'm currently looking after a bed for a friend who's moved to a furnished flat and didn't really want to sell it as she'd lose most of its value. Whether she'd have wanted to pay a monthly rent for me storing it is a different matter.

As Woodsey has said the house moving market is possibly a good one. Movers charge a fortune to store anything so that has potential if someone's in a transitional period between houses.

It has potential but the main issue appears to be that it's already being done. Good idea though :)


Title: Re: Could I pinch you all for a bit of market research?
Post by: bookiebasher on January 24, 2017, 04:16:42 PM
I like the idea although the devil is in the detail.

You would have to make sure that all the storage spaces/units were fully covered insurance wise and
get your terms and conditions double and triple checked to make sure there water tight or else your
going to spend a lot of time in small claim courts over piffling little things going missing , stolen or damaged.

I know when I  moved it cost me a fortune for a storage unit for around 6/7 weeks and 90% of it was junk
the ex didn't want to chuck out and had been in our loft for 10 years , never seen the light of day.

Don't know who is already doing it but think there is some mileage in the plan.



Title: Re: Could I pinch you all for a bit of market research?
Post by: MANTIS01 on January 24, 2017, 06:57:36 PM
The house-sitting market is big business as it goes and I have a few friends who literally travel the world sitting houses, walking dogs of complete strangers. Now you would think that on the face of it letting someone you've never met live in your house while you're not there would be a ridiculous concept, certainly more risky than storing a few old wardrobes in a garage. But the key is reputation which does indeed build trust. Just like it's in the interests of eBay sellers to build a great rep so would it be in the interests of storage facilitators to provide safe, clean and accessible storage. I think the issues of safety and security will naturally take care of themselves as the facilitators are running a business and it's in their interests for that business to be good.


Title: Re: Could I pinch you all for a bit of market research?
Post by: aaron1867 on January 24, 2017, 07:44:38 PM
Thanks for all the replies - I seem to get all the same problems asked and how we could deal with them.

Insurance/theft/missing items - This is the number 1 problem to get around. There is insurance on items available, home insurance & so on. I've also questioned if the company itself should pay for potential thefts and hope there aren't many, and the app would potentially hold the people doing storing purely responsible. A long way to go on this issue.

Items - I can't see many people wanting to store anything expensive, like the £2k dining table, I'd assume that many items would be just bits people can't store, paperwork clothes Xmas stuff, etc.

Times - I know 100% that it will be an issue of accessibility. I would hope to add a appointment feature on app/website to be able to access their storage and hope people accept there can't be instant access.

Not just spare space - I would hope that this just isn't garage space, but space in your home, commercial premises, or also letting cat parking space too.

Months to go though to try and get round the issues & I didn't realise someone had already started something similar!


Title: Re: Could I pinch you all for a bit of market research?
Post by: RED-DOG on January 24, 2017, 07:50:29 PM
The house-sitting market is big business as it goes and I have a few friends who literally travel the world sitting houses, walking dogs of complete strangers. Now you would think that on the face of it letting someone you've never met live in your house while you're not there would be a ridiculous concept, certainly more risky than storing a few old wardrobes in a garage. But the key is reputation which does indeed build trust. Just like it's in the interests of eBay sellers to build a great rep so would it be in the interests of storage facilitators to provide safe, clean and accessible storage. I think the issues of safety and security will naturally take care of themselves as the facilitators are running a business and it's in their interests for that business to be good.


If anyone needs a house/dog/plant sitter I am available. Great rates, excellent references.


Title: Re: Could I pinch you all for a bit of market research?
Post by: Karabiner on January 24, 2017, 08:26:55 PM
I seem to have missed my calling as an itinerant house-sitter/dog-walker.

On the matter of storage - a friend of mine is planning to populate some land that he owns just outside Nottingham with containers for that very reason.

Just like car-parks storage is an ideal business model needing minimum staffing.


Title: Re: Could I pinch you all for a bit of market research?
Post by: arbboy on January 24, 2017, 08:36:45 PM
Thanks for all the replies - I seem to get all the same problems asked and how we could deal with them.

Insurance/theft/missing items - This is the number 1 problem to get around. There is insurance on items available, home insurance & so on. I've also questioned if the company itself should pay for potential thefts and hope there aren't many, and the app would potentially hold the people doing storing purely responsible. A long way to go on this issue.

Items - I can't see many people wanting to store anything expensive, like the £2k dining table, I'd assume that many items would be just bits people can't store, paperwork clothes Xmas stuff, etc.

Times - I know 100% that it will be an issue of accessibility. I would hope to add a appointment feature on app/website to be able to access their storage and hope people accept there can't be instant access.

Not just spare space - I would hope that this just isn't garage space, but space in your home, commercial premises, or also letting cat parking space too.

Months to go though to try and get round the issues & I didn't realise someone had already started something similar!

Why would you store items valued at less than £1k for months on end at the current market rates?  Easier just to sell them then rebuy similar 2nd hand and avoid the exs surely?  The reality is when people store stuff surely it has significant value otherwise why store it?  Maybe people are just dumb.  It stacks up that most people are dumb given the levels of personal debt and over spending etc in general.

Regarding house sitting how much do quality house sitters get paid?  I could literally house sit for anyone anywhere in the world and still do my day to day work i do anyway online whilst someone else pays all my bills.  Does it really pay that well?  I must be one of the few people who doing this really wouldn't inconvenience their normal day to day existence in the slightest.  Seems like dead money in the pot i should be looking to hoover up whilst getting to travel around more glam places than Stoke!


Title: Re: Could I pinch you all for a bit of market research?
Post by: 4KSuited on January 24, 2017, 09:10:56 PM
I've recently been to a local storage place to investigate the costs. Not cheap; and then you've got to pay their insurance costs (really not cheap, and adding a big % if you're space requirements aren't huge) since your household contents coverage doesn't include goods stored outside of the home. Not really very surprising when you think about it.

I only want storage for a period of months rather than years, and I suspect that this is the norm. There would be others who may have businesses run from the home and they need secure "overflow space"s; something else I looked at a number of years ago, and then discovered how expensive these big groups are.

I would absolutely need to be confident that the storage area was clean, dry & secure. There would need to be a system whereby the customer would be certain that their goods could only be accessed by themselves: the big faceless organisations have the benefit of security cameras and staff that value their jobs just enough to resist temptation. My stuff isn't valuable per se, but I definitely don't want to risk losing it.


Title: Re: Could I pinch you all for a bit of market research?
Post by: aaron1867 on January 24, 2017, 09:34:54 PM
Thanks for all the replies - I seem to get all the same problems asked and how we could deal with them.

Insurance/theft/missing items - This is the number 1 problem to get around. There is insurance on items available, home insurance & so on. I've also questioned if the company itself should pay for potential thefts and hope there aren't many, and the app would potentially hold the people doing storing purely responsible. A long way to go on this issue.

Items - I can't see many people wanting to store anything expensive, like the £2k dining table, I'd assume that many items would be just bits people can't store, paperwork clothes Xmas stuff, etc.

Times - I know 100% that it will be an issue of accessibility. I would hope to add a appointment feature on app/website to be able to access their storage and hope people accept there can't be instant access.

Not just spare space - I would hope that this just isn't garage space, but space in your home, commercial premises, or also letting cat parking space too.

Months to go though to try and get round the issues & I didn't realise someone had already started something similar!

Why would you store items valued at less than £1k for months on end at the current market rates?  Easier just to sell them then rebuy similar 2nd hand and avoid the exs surely?  The reality is when people store stuff surely it has significant value otherwise why store it?  Maybe people are just dumb.  It stacks up that most people are dumb given the levels of personal debt and over spending etc in general.

Regarding house sitting how much do quality house sitters get paid?  I could literally house sit for anyone anywhere in the world and still do my day to day work i do anyway online whilst someone else pays all my bills.  Does it really pay that well?  I must be one of the few people who doing this really wouldn't inconvenience their normal day to day existence in the slightest.  Seems like dead money in the pot i should be looking to hoover up whilst getting to travel around more glam places than Stoke!

I've found that people neee storage for items they need in the future or store things they can't bear to throw out. Often people just wanting to store items whilst they move and find somewhere to stay etc. I mean that's what it's all about, not to store huge items with huge value, but instead you're full up and can store your clothes, memories & general household stuff for half the price of elsewhere. I mean you can pay £10/week to dump stuff elsewhere for £10/week or pay £20/£30 at big yellow box. I'm sure there are storage options for expensive and really expensive stuff.


Title: Re: Could I pinch you all for a bit of market research?
Post by: MANTIS01 on January 24, 2017, 10:07:29 PM
Don't believe the house sitting pays a wage of sorts but the perks are pretty sweet. My friend sits for an Australian surgeon for 2-3 months every year when the fella visits family in Europe. He pays for her flight, she stays in a 5 bed condo overlooking bondi beach, use of a 4x4 and loads of fruit/veg/eggs in the garden. She gotta look after his 2 dogs, feed the chickens and koi carp and that's it. Seems like a good deal for anybody not planted in one location. Better than Stoke fo sho.


Title: Re: Could I pinch you all for a bit of market research?
Post by: arbboy on January 24, 2017, 10:17:07 PM
Don't believe the house sitting pays a wage of sorts but the perks are pretty sweet. My friend sits for an Australian surgeon for 2-3 months every year when the fella visits family in Europe. He pays for her flight, she stays in a 5 bed condo overlooking bondi beach, use of a 4x4 and loads of fruit/veg/eggs in the garden. She gotta look after his 2 dogs, feed the chickens and koi carp and that's it. Seems like a good deal for anybody not planted in one location. Better than Stoke fo sho.

Obviously my point wasn't purely on cash.  I wouldn't be that interested in going somewhere for 4 days but 3 months in a spot like that i would be willing to do for close to free potentially if exs were covered.


Title: Re: Could I pinch you all for a bit of market research?
Post by: tikay on January 25, 2017, 10:12:07 AM
I like the idea although the devil is in the detail.

You would have to make sure that all the storage spaces/units were fully covered insurance wise and
get your terms and conditions double and triple checked to make sure there water tight or else your
going to spend a lot of time in small claim courts over piffling little things going missing , stolen or damaged.

I know when I  moved it cost me a fortune for a storage unit for around 6/7 weeks and 90% of it was junk
the ex didn't want to chuck out and had been in our loft for 10 years , never seen the light of day.

Don't know who is already doing it but think there is some mileage in the plan.



Surprised you take that view, Jim.

You never know when that "junk" might be needed again.

Suppose, for example, you wanted to get it back on with your ex-missus? You'd be grateful you never chucked it then.


Title: Re: Could I pinch you all for a bit of market research?
Post by: MintTrav on January 25, 2017, 10:48:43 AM
Hmmmm.........I've got some empty rooms I was thinking of renting out.

Think I might put an ad in FreeAds and see what demand there is for storage instead.


Title: Re: Could I pinch you all for a bit of market research?
Post by: atdc21 on January 25, 2017, 01:25:23 PM
One difference between renting a room in your house to a lodger, and renting it for storage is, you can have a lodger for about £80 a week and not have to declare it for tax reasons, storage would be a business and all takings declared and taxable.


Title: Re: Could I pinch you all for a bit of market research?
Post by: bookiebasher on January 25, 2017, 02:01:23 PM
I like the idea although the devil is in the detail.

You would have to make sure that all the storage spaces/units were fully covered insurance wise and
get your terms and conditions double and triple checked to make sure there water tight or else your
going to spend a lot of time in small claim courts over piffling little things going missing , stolen or damaged.

I know when I  moved it cost me a fortune for a storage unit for around 6/7 weeks and 90% of it was junk
the ex didn't want to chuck out and had been in our loft for 10 years , never seen the light of day.

Don't know who is already doing it but think there is some mileage in the plan.



Surprised you take that view, Jim.

You never know when that "junk" might be needed again.

Suppose, for example, you wanted to get it back on with your ex-missus? You'd be grateful you never chucked it then.

I know your baiting me but I will bite ;D

For a start , I would rather spend a week listening to Wadey's bad beat stories than spend 5 minutes in the company of my ex.

Apart from the police having a word in her ear she then decided to put a great big screw under my car tyre and demands 100% of the equity left after selling Moulty Towers.

She never chucked anything out and our loft and double garage were full of what can only be described as tatt.

I wish I had known you are a lover of junk , I could have stored it all at your place in Ilkeston.

Does Aaron know you have storage facilities ?

You could be one of his first customers.