Driven by innovation, passion, and the timeless allure of the open road, Wallabing, (https://wallabing.com/ ), is emerging as a leading peer-to-peer RV rental company, connecting owners and renters and redefining the RV experience in the United States.
Since the launch of a new marketing campaign two months ago, Wallabing has seen a marked increase in user engagement, attracting more than 20,000 new users. The company's recent consistent growth also showcases promising results, with the addition of a new listing every single day-marking a 5.6% listing growth in just one week. Overall, Wallabing has experienced a 162.9% increase in users over the past year.
Wallabing, no longer in its pre-revenue phase, has also seen its transactional figures soar, averaging an impressive $2.5K per transaction.
"Wallabing's exponential growth speaks to the ongoing fascination and love for RV adventures," said Jason Carlson, founder and CEO of Wallabing. "Our unwavering focus has always been to simplify the RV renting experience. This drive towards transparency, affordability, and memorable journeys has fueled our consistent growth in the market. The demand is undeniable, and with over 72 million Americans planning on RVing this summer, we're in a prime position to redefine vacations, making them more exhilarating, affordable, and accessible than ever before."
"Owners make more, renters pay less" is the simple but powerful concept at the core of the company's forward-thinking business model. Think of it as where wanderlust meets opportunity. Or providing RV enthusiasts an open road to revenue, adventure, and peace of mind.
Seeking additional expansion and growth, Wallabing recently launched a Wefunder campaign, (https://wefunder.com/wallabing ), inviting investors to be part of its mission to transform and streamline the recreational vehicle landscape for owners and renters.
By investing in Wallabing, supporters can contribute to the future of RV travel and unlock a world of possibilities.
Not even the recent heatwaves across the U.S. could dampen the wanderlust spirit of travelers. If anything, the appeal of open-road adventures has grown stronger, with many seeing RV travel as a thrilling escape from the constraints of conventional vacationing.
Wallabing is successfully tapping into a market filled with potential. Verified Market Research projects that the RV rental market is set to reach $810 million by 2028. Furthermore, there's a continual surge in the demand for RV ownership with between 500,000 to 1 million households expressing interest annually.
Bringing owners and renters together in a platform providing value for each has fueled Wallabing's rapid growth since launching in 2021. Through leveraging its unique team of 164 independent consultants able to assist owners and renters in 32 states, the company has increased its inventory by 682% in six months.
During its initial funding round, Wallabing raised more than $1 million from friends and family and is looking to ramp up investment to meet the growing interest in the company.
"With the infusion of additional investor funding, we will have a clear runway to significantly expand our user base through targeted marketing efforts. This will enable us to extend even greater savings to our customers," Carlson said.
Getting the most out of their RVs remains a long-time dilemma faced by many RV owners. Despite the growing popularity of RVs and outdoor travel, industry experts cite there are more than 54 million unused RVs at any given time, worldwide.
"We aim to reach out to both bread-and-butter fleet owners and individuals who may have reservations about purchasing an RV or are daunted by the untapped financial potential of their parked assets," Carlson said.
Carlson added that RV owners are frustrated with complicated fees and a lack of customer service from Wallabing's industry competitors and are looking for a change.
The top benefits and features of the Wallabing platform include:
- Owners make more and renters pay less - Wallabing charges renters a low 10% fee based solely on the nightly rate, saving them 20-25 percent per trip. This is much lower than their competitors, which charge their fee based on the nightly rate and add-ons. Wallabing also never charges owners a fee to list and doesn't take any commission or percentage of their earnings.
- Best User Experience -- Wallabing's platform is designed with ease of use in mind, offering a seamless experience for both renters and owners.
- Free for Owners - Wallabing does not charge any fees to list or rent RVs or take any portion of earnings, providing a more rewarding experience for owners.
- Best protection - Renters are required to purchase comprehensive insurance coverage, including liability and physical damage, ensuring peace of mind for both parties.
- Giving back - Wallabing donates 10% of its net revenue to charity, looking to make a positive impact alongside its business operations.
- Mobile App: Wallabing offers a convenient mobile app for easy RV pickup and drop-off.
- DMV checks and 24/7 Road Assistance: Wallabing ensures the safety of its users by conducting DMV checks on all renters and providing round-the-clock roadside assistance.
- Customization and Ongoing Support: RV profiles can be fully customized, and Wallabing provides ongoing customer support.
Carlson's passion for RV travel and his determination to improve the industry stems from his cherished childhood memories.
"I fondly remember our family RV trips. The magic of those shared experiences is something I aim to bring to more individuals and families. At Wallabing, we see travel evolving, and we're geared up to provide enhanced experiences for everyone looking to explore," Carlson added.
Wallabing was created out of Carlson's determination to offer a simplified, transparent, and value-oriented experience for RV enthusiasts.
Carlson said when he and Mary Carlson, company founder and chairman of the board, took an extensive look at the industry, they realized their competitors' options were complicated, convoluted, and flawed with excessive and hidden fees.
Although they didn't have specific RV industry experience initially, Wallabing's management team has been able to bring relatable skills and expertise to the business ranging from customer service, management, and consulting to more technical areas such as development, marketing, SEO optimization, and financial modeling.
"Our team has all the necessary experience for startup success and growth. Our team's skills work in tandem to create a dynamic and powerful ability to meet challenges and pivot as needed," Carlson said.
You can also check out the company's YouTube video here: https://www.youtube.com/watch?v=GoB9yBw7rPo
