Don’t send £1.1bn of unwanted Xmas presents to the scrapheap – make money from them with RentMyItems.com

PRESS RELEASE – 19 December 2011

Recent research commissioned by the British Video Association** shows that £1.1 billion worth of unwanted gadget gifts could be destined for the scrap heap by the New Year.  A staggering sum which aligns with RentMyItems.com commissioned research* which showed that £2.9 billion had been spent on unused or little used items in the last twelve months.

So… what are you going to do with those unwanted Christmas presents that family and friends have very kindly given you, but you simply have no interest in and will never, or rarely, use them? You feel guilty about giving them away and so they sit in your home gathering dust, or at the back of a cupboard, until one day you find a use for them, dispense of them, or simply forget about them.

The simple RentMyItems.com solution to this is to rent them out and give yourself an additional source of much needed income as you start the New Year.  With online listings free for all users until the end of March 2012 – there is literally nothing to lose.  So whether it’s a digital organiser, a bread maker, an electronic sudoku machine, a foot spa or a digital photo frame why not visit RentMyItems.com, register as a Rentor for free, list your unwanted items for free – and make a little bit of extra money to pay for those bills in the New Year!

RentMyItems.com enables you to do this and you can list your items for free until the end of March. The website launched on 19th September, and is seeing its membership and listings grow weekly as we see the effects that the £2.9bn that was wasted on rarely used items in the UK in the last 12 months* is having on personal finances and the environment. The burgeoning market of Collaborative Consumption is, and will continue to, influence our thinking on renting rather than buying.

Warren Heal, Founder of RentMyItems.com, said, “Most of us feel the pinch after the holiday season and, for this reason, RentMyItems.com is continuing to give users the opportunity to earn some extra cash by renting out presents and household items that they are either not going to use at all or will rarely use. With our online Listings currently free there literally is nothing to lose, plus users might find something on our site that you may have a temporary use for and can save yourself money by not purchasing your own. We are proud that RentMyItems.com has recently been named as one of the 40 best new websites that save you money (WebUser magazine), as it proves our concept helps personal finances in these difficult times”.

*ICM interviewed a random sample of 2030 adults aged 18+ via online between 9th – 11th September 2011. Surveys were conducted across the country and the results have been weighted to the profile of all adults. ICM is a member of the British Polling Council and abides by its rules. Further information at www.icmresearch.co.uk.

**  Research commissioned by the British Video Association – further detail can be found at http://www.bva.org.uk/news-press-releases/all-i-don-t-want-christmas-lady-shaver

For further information contact:

Paul Savident – 0044 7966 014911 / paul@savident.com  /  savident.com

Editor’s Notes

The RentMyItems website is easy to use. You are able to search by item, keywords, place or postcode and radius, and categories.

Adding an item is a straightforward process: select a category, name, upload up to 5 images, description and keywords, your postcode, rental price and deposit, and item availability calendar.

Items can be listed FREE until the end of March 2012. RentMyItems takes no commission from rentals and there is no obligation to continue listing after the free listing period ends.