When you host your car on the evee platform, the standard commission that is charged for each booking is 35%.
With the introduction of the Host Commission Incentives, you can now earn more by providing high quality photos on your listing and enabling certain features that contribute to a better rental experience.
You can learn more about these incentives and how to apply them below:
Dynamic Pricing
Provides a 2% payout increase
Dynamic Pricing takes out the guess work of setting your own rental rates. With this feature enabled, your rental rate will remain attractive and in-sync with the current market trends, based on the extensive research and competitor prices scraping. The daily rate of your listing will automatically be adjusted for you. Please note that the prices will be the most dynamic in the upcoming two weeks, when the majority of bookings take place.
Regardless of the current market trends, there is a pricing floor which is applied to ensure that your daily rate does not cross below a certain threshold. This price floor varies depending on the make and model of your vehicle.
This feature is great if you're new to hosting or if you would like your car listing price to stay on top of the current market trends to maximise your booking volume. On top of this, you can enjoy a 2% payout increase by enabling this feature.
To enable Dynamic Pricing on your listing, simply toggle the 'Dynamic Pricing' switch near the top of the listing page:
With Dynamic Pricing enabled, your listing should look like this:
Once enabled, it may take up to 24 hours for the pricing calendar within your listing to automatically update to the current dynamic pricing rates. Once synced, you can view the current dynamic rates within your calendar. These rates are updated on a weekly basis, and you can refer back to this calendar at any time to check the current daily rate of your listing.
Please note: Enabling the dynamic pricing feature will also enable the long rental discount feature automatically, providing a total payout increase of 3%.
Long Rental Discount
Provides a 1% payout increase
If you decide to set your own pricing for your listing, you can also opt-in to provide static discounts which reward your renters based on the length of their booking, providing an incentive to book longer trips whilst also earning you a 1% payout increase.
You can enable this feature at the top of the listing page, adjacent to where you set the daily rate:
The long term discounts which are provided remain consistent and the discount that is applied for each tier cannot be adjusted. Discounts are provided with the following structure:
- Bookings that are 2 days in length provide a 5% discount off the total rate.
- Bookings longer than 3 but shorter than 5 days provide a 10% discount off the total rate.
- Bookings longer than 5 but shorter than 7 days provide a 15% discount off the total rate.
- Bookings longer than 7 but shorter than 14 days provide a 20% discount off the total rate.
- Bookings longer than than 14 but shorter than 28 days provide a 25% discount off the total rate.
- Bookings that are 28 days or longer provide a 30% discount off the total rate.
Unlimited Mileage
Provides a 1% payout increase
The unlimited mileage feature removes travel distance limitations and provides additional peace of mind to your renters in knowing they can get to where they want to go without incurring additional fees. As a result, your listing becomes more attractive, and you also benefit by saving time from having to calculate and keeping track of your odometer as well as picking up an additional 1% payout increase.
Rentals vary significantly by distance travelled, some customers remain in the city while others go on long road trips. Regardless of whether Unlimited Mileage is switched on or not, on average our renters travel approximately 160km/day over multiple bookings.
You can enable unlimited mileage on your listing by toggling this feature on, ensuring it looks like this:
Instant Booking
Provides a 2% payout increase
The instant booking feature removes the need for you to respond to booking requests, and instead grants pre-approval for renters to immediately book your listing.
By enabling instant bookings on your listing, you eliminate the renter's uncertainty of whether their booking will be accepted whilst also providing no waiting periods. This gives your listing a better chance to be booked (especially for last-minute reservations) and increasing renter confidence by knowing they can start planning their trip right away.
You can find this feature and enable it under the 'Availability' calendar:
Once enabled, you also have the option to set a minimum notice period for this feature, making instant bookings only available for bookings that are requested within the minimum notice period that is set:
For example: You have enabled the instant booking feature and have set the minimum notice period to 24 hours. A renter makes a booking for your car on the 1st of December at 10AM, with a start time of the 2nd of December, 11AM.
As the booking is outside of the minimum notice period, the instant booking feature will be engaged and the booking will automatically be confirmed for the renter.
If the renter had requested this booking on the 1st of December at 12PM, instant booking would not engage and a standard booking request would come through for you to review and accept or decline.
Airport Delivery
Provides a 2% payout increase
Airports are the most commonly requested delivery location and over 20% of customers request delivery with their booking. By offering airport delivery on your rentals, you increase the exposure of your listing whilst also receiving a 2% payout increase for providing this service.
To enable this feature, please toggle the 'Airport Delivery' feature under the 'Location' section, then specify your nearest airport and the delivery fee you would like to charge:
The delivery fee is inclusive of both the drop-off and pick-up of the vehicle. Eg. A delivery fee set as $100 equates to $50 each way.
High Quality Photos
Provides a 1% payout increase
By providing high-quality, clear photos for your listing, you can earn an additional 1% payout increase and increase your booking chances by showing renters exactly what they are going to get for their booking.
In order to qualify for this incentive, you will need to upload clear, well-lit photos of your vehicle showing both the exterior and interior features. The car will need to be in an open environment, away from any obstructions or other vehicles. For a full guideline on how to qualify for this commission bonus, please refer to the Listing Photography Guide.
Once the photos have been reviewed, the commission bonus will be applied to your listing if the photos meet the criteria.
Car Decals
Provides a 2% payout increase
After listing your vehicle on evee, you will receive a package in the mail containing car decals which you can apply to your vehicle. Applying the decals to your car will help spread the word about the evee platform, and you will also earn a 2% payout increase for your support.
To claim your 2% payout increase for this incentive, please take a photo of your car with the decals applied and send an email to support@evee.com.au with these photos. Our team will review this request and apply the commission reduction to your listing.
Frequently Asked Questions:
Q. How is the Commission Discount Calculated?
A. The payout increase is applied to the total booking cost before the commission is calculated. For example, if a car is rented for $100/day with a 30% commission rate, the commission will be $30 (30% of $100).
Q. Are the Payout increases applied automatically?
A. Yes, with the exception of the High Quality Photo and Car Decal incentive. For all other incentives, as soon you activate them within your listing, they will be applied to all future booking requests received.
Q. I have just activated some incentivised features within my listing. Do I receive the payout increase for my bookings that are already confirmed?
A. No, commission discounts will only apply to bookings that are received after the incentivised features have been activated.