Vehicle Rental Procurement Category Market Research Report from IBISWorld has Been Updated


Los Angeles, CA (PRWEB) September 17, 2014

The market for rental vehicles has a buyer power score of 3.2 out of 5. This score is a reflection of reasonable pricing terms within the market, with buyers having a moderate amount of bargaining power in the negotiation process, according to IBISWorld business research analyst Daniel Krohn. A high level of market share concentration characterizes the market, with the top three companies generating over half of the revenue created. These rental vehicle agencies have significant pricing power in the market and generally dictate changes in the overall pricing of the market. Though they are generally price-makers, price hikes are kept in check because of the market-based pricing model used to determine prices. Price is the primary competitive factor in the rental market; consequently, agencies are restricted by how much they can increase prices without fear of losing customers. Suppliers are generally flexible with their prices as a result, foregoing higher profit margins in order to beat the competition and make the sale. Nevertheless, buyers should not expect to find huge discounts when negotiating contracts for rental vehicles.

Prices for vehicle rentals are expected to grow marginally over the three years to 2014 as a result of recovering demand for air travel. Vehicle rental agencies produce much of their revenue from domestic and international travelers, meaning that the vehicle rental market is particularly sensitive to changes in the airline travel industry. A recovering economy has increased overall air travel levels, facilitating demand for rental vehicles and placing upward pressure on prices. The economy is expected to grow at a faster rate over the next three years, reducing unemployment levels and increasing per capita income for most Americans. IBISWorld estimates that elevated consumer spending levels will have a flow-on effect into the travel and car rental markets, increasing price levels across the board, says Krohn. Buyers are encouraged to lock-in service contracts with vehicle rental agencies sooner rather than later. Major vendors include Hertz Global Holdings Inc., Enterprise Rent-A-Car Company and Avis Budget Group Inc. For more information, visit IBISWorlds Vehicle Rental procurement category market research report page.

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IBISWorld Procurement Report Key Topics

This report is intended to assist buyers of vehicle rental services. Vehicle rental services provide passenger cars, trucks and SUVs to renters for a fee. Vehicle rental periods can range from hours to months.

Executive Summary

Pricing Environment

Price Fundamentals

Benchmark Price

Pricing Model

Price Drivers

Recent Price Trend

Price Forecast

Product Characteristics

Product Life Cycle

Total Cost of Ownership

Product Specialization

Substitute Goods

Regulation

Quality Control

Supply Chain & Vendors

Supply Chain Dynamics

Supply Chain Risk

Imports

Competitive Environment

Market Share Concentration

Market Profitability

Switching Costs

Purchasing Process

Buying Basics

Buying Lead Time

Selection Process

Key RFP Elements

Negotiation Questions

Buyer Power Factors

Key Statistics

About IBISWorld Inc.

IBISWorld is one of the world’s leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorlds procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.







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In early 2015, fans will have a chance to see one of the biggest stars in the world across North America. Twenty-one-year-old Ariana Grande will hit the road in February 2015 on the Honeymoon Tour, which will take her to 25 cities across the United States and Canada. Grande, the singer behind the hit singles, Bang Bang, Break Free, and Problem will hit the road on the tour beginning on February 25th at the Independence Event Center in Kansas City, Mo., and will tour across North America until a stop in Vancouver, British Columbia, Canada at the Pepsi Live at Rogers Arena.

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Boycott Rush Limbaugh Sponsors Nationwide

The furor over Rush Limbaugh's slurs against private citizen Sandra Fluke has waned, but two groups continue to successfully keep the pressure on sponsors of the hate and lie filled rants of Limbaugh.
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First, there's the Stop Rush Project. They are tracking sponsors of Rush and mobilizing volunteers to educate those sponsors about the hate and vitriol they are helping to put on Our Public Airwaves. 
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Find them at http://stoprush.net/ .
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And you can "Join the Fight to Flush Rush Limbaugh" on Facebook.  This is a great real time way to share information and mobilize.   https://www.facebook.com/groups/341981989181110/


How to Boycott Local Sponsors of Rush Limbaugh

Start by looking at the following clock.  (Click on it to enlarge.)  The green sections represent the minutes within the hour that belong to your local affiliate.

Now listen to the Rush Limbaugh show (it's hard, I know, but you only have to listen to the ads!)   Any commercial you hear in those time frames are from a business inside your own area.  Make a list of local advertisers;  post them on Facebook if you can and tell people to call and write them.

Then contact the businesses politely by mail and give them 48 hours to discontinue their advertising.  If they do not, get a group together and do one or all of the following:  1) Have many people call the businesses on the phone;  say you'll pull your business from them if they continue to support Rush 2) Do a letter writing campaign and deluge them with letters  2) conduct a campaign against them on Twitter and Facebook, 4) Stage a protest outside their businesses.  Be sure to invite your local TV stations and newspapers! 

Boycott Sponsors

JOHN and KEN


What if a radio talker didn't like your politics, but instead of debating you, he just put your personal phone number out over the air so people could call and harass you?  Even threaten your life? 

That's exactly what Clear Channel "Conservative" talkers JOHN AND KEN did to California Dream Activist Jorge-Mario Cabrera.  He's received hundreds of hateful calls and death threats - all because some shock jocks are trying to jack up their ratings.

How is that in any way serving the public interest
?  Let us be clearm this is not protected speech under the first amendment;  this is akin to shouting "Fire" in a crowded theater.  And for all their apologies, John and Ken say they will give out private numbers... again.

So.  Watch the video and BOYCOTT SPONSORS . click here________________________________________________________________________


For Reference, one of the most potent ways of getting TV and Radio stations' attention is to boycott sponsors of offensive programs. Sometimes, just calling and complaining to sponsors is enough to get them to stop advertising on certain programs.  Sometimes a full boycott is necessary.

Here are some groups which have mounted effective campaigns against sponsors.   Learn from them!
Keep us informed of any media boycotts at Boycott@BoycottSponsors.com , and we will help publicize your efforts.


http://stopbeck.com/

http://turnofffox.org/



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