5 Things Customers Hope To Have While Exploring Car Rental Services
Category Analysis – Car Rentals
Expansion in tourism and travel industry has led to a boom in car rental industry in Europe. Car rental market is expected to register a compound annual growth rate of around 6%, during 2018 – 2023. This report gives insight into the important features that users look out for before hiring a car for their leisure or work related trips.
The analysis is based on customer reviews and conversations online in the segment. The analysis results presented are completely unbiased and not based on any subjective judgement. The source data used for the analysis are user conversations available publicly online like public forums and social media.
Total number of customer conversations analyzed
Top 5 Must Have Features
Today customers are well informed, have higher disposable income and also want to travel around the world. Customers are demanding topnotch car rental services for their business and leisure tours. Most of the car rental companies are not sure of what the customers expect in a car rental service.
Based on the analysis of 4,368 online user conversations, Clootrack has shortlisted 5 Must-Have features that customers look for in a car rental company in Europe.
1. Anywhere Drop Offs
Customers in Europe want to explore and experience unforgettable driving journey. They prefer picking up a car from a destination and dropping it off in another since it gives more flexibility during their trip.
2. Multi Language/Accurate Navigation
Europe has more than 23 officially recognized languages and is a home to hundreds of languages. Customers in Europe ask for car rental features that allow them to customize and translate any language content into their preferred language. Customers are looking for a navigation device that offers them freedom and confidence to explore unfamiliar territories. Customers feel that free navigation services in multi-languages should be one of the features of a car rental services.
3. Better Long Term Prices
Can a customer rent a car for 6 months for a reasonable price? Yes! Customers are looking for long term car rentals at reasonable prices. They are looking for options where the longer you rent a car, the more they save! Long-term car rentals are preferred by customers who love the ease and flexibility while exploring, and moving around without having to re-book a rental car each week.
4. Car Running Condition
Your long awaited well planned trip should not become a nightmare due to the bad car that you rented, Right? Customers have discussed this as one of their top factors while renting a car in Europe. Customers expect that the car rental companies offer cars that are checked for brakes, fluid levels, tires and all other things that could cause problems.
5. Car Cleanliness
A leisure trip can never be enjoyed in an unclean car. A customer who spends a lot of time in the car during their trips does not like to travel in cars that stink and are not washed and cleaned. Customers are looking for car rental companies that have a clean fleet of cars. Though this one is a very obvious feature, customers are discussing this in their online conversations. This shows the amount of importance that customers are laying on car cleanliness.
Brand Equity – Top Drivers
We analyzed how each of the prominent brands fare each other in top perception drivers. We see that there are clear leaders in several drivers. Have a look below:
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Comfort and customization have emerged as the top trends in car rental services. Customers, with their higher disposable income, are willing to spend more in exchange for enhanced comfort.
There are several emerging trends in the car rental industry in Europe. In Europe, growth of tourism and government policies will further help the growth of the car rental services.
Top 3 emerging trends according to the analysis of the consumer conversations are discussed below:
1. Electric Vehicles With Free Charging
Customers want to indulge in an environmentally friendly yet technologically advanced car rental services. Many cities in Europe already are moving towards having electric points and charging stations readily available. Car rental companies should identify the emerging trend and make way for electric car rental where customers can enjoy guilt-free road trip that runs solely on electricity, in addition to providing free charging for its customers.
2. Rental Pools
Yet another trend emerging in car rental is the demand for car pool rentals. Customers are expecting rental pools at a best price to suit their needs. The carpooling services aim to pair people travelling between cities and drivers with empty seats in their cars.
3. Mixed Vehicle Hiring ( car + bike +cycle)
Customers are no longer looking at just renting a car during their travel. They are exploring the world and do not want to be constrained by the type of vehicle in which they travel. Hence the mixed vehicle hiring is emerging as the latest trend in Europe.
Customers wish to book a car and a bike from the same rental company and do not want to waste time in finding different sources.
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