How to launch a car subscription business

About This Course

This course is ideal for:

  • Automotive incumbents and business owners

  • Individuals responsible for assessing and implementing a car subscription model

Welcome to the Loopit Academy, the online course that will teach you everything you need to know about building a successful car subscription business. In recent years, car subscription services have gained immense popularity as an alternative to traditional car ownership. This trend has presented a unique opportunity for automotive stakeholders, including dealerships, rental car companies, and car manufacturers, to capitalize on this growing market.

Through this course, we will provide you with a comprehensive understanding of the car subscription industry, including key concepts such as customer acquisition, pricing models, and fleet management. Our expert instructors will guide you through the entire process of building a car subscription business, from developing your business plan to launching your service.

By the end of this course, you will have the skills and knowledge necessary to create a profitable car subscription business that meets the needs of modern consumers. Whether you are an entrepreneur, a dealership owner, or a rental car executive, this course will equip you with the tools you need to succeed in the rapidly evolving automotive industry. So, let's get started!

Welcome to Loopit Academy!

Learn how to get the most from the Loopit Academy, including a brief note from our founder.

Overview
Introduction
What is Car Subscription?
Business Model

Car subscription has become a popular option for consumers who want the convenience of a car without the hassle of ownership. However, the business model is still evolving, and there are different approaches that companies can take to offer car subscription services.

Value Proposition
Subscription Models
Asset Models
Captives & Incumbents
Disruptors
Inventory & Procurement

Car subscription businesses need to have a solid vehicle procurement strategy that takes into account various factors such as vehicle type, age, and maintenance history.

Procurement
Financing
Insurance
Defleet Management
Pricing Strategy
Implementing Technology

Without reliable technology infrastructure, a car subscription business will struggle to provide a seamless user experience and fail to meet the high expectations of customers who demand convenience and efficiency. Therefore, it is critical for car subscription businesses to invest in robust technology to ensure their success in a competitive market.

Technology Partners
Digital Customer Experience
Back-End Operations
Technology Standards
Marketing & Growth

Whether you're just starting out or looking to scale your existing car subscription business, having a solid marketing and growth plan in place is essential for achieving long-term success.

Paid Media
Owned Media
Strategies
Analysis & Growth
Operations & Logistics

Explore the fundamentals of operations and logistics in car subscription services, a critical component for achieving success and efficiency in this expanding market.

Operational Requirements
Human Resources
Regulatory Environment
Profitability & Performance

We will examine the financial metrics and key performance indicators (KPIs) that are used to measure the success of car subscription businesses, and explore the different revenue streams and cost drivers that impact profitability in this industry.

Profitability Analysis
Performance Metrics
Health Metrics
Vehicle Metrics
Bookkeeping & Accounting
There's more to come! Register now to be notified when new course materials are released.

Enrol to Loopit Academy. We'll contact you when each new program module is released.

Thank you! Loopit will contact you when the program begins!
Oops! Something went wrong while submitting the form.
Car Subscription Academy

Build a successful car subscription business step by step

Get started with building a successful car subscription business by following our practical step by step guide.

What is the Loopit Academy?

The Loopit Car Subscription Academy is the complete guide for building a car subscription business, written by the industry experts at Loopit. In this guide you'll find information on every facet of the

Introduction

Overview

What is Car Subscription?

Link to current section
Implementing Technology
Link to current section
Accounts Receivable & Collections
Link to current section
Profitability & Performance
Link to current section
Incident & Claims Management
Link to current section
Customer Service & Success
Link to current section
Operations & Logistics
Link to current section
Sales & Customer Onboarding
Link to current section
Marketing & Growth
Link to current section
Risk Management & Fraud Prevention
Link to current section
Inventory & Procurement
Link to current section
Welcome to Loopit Academy!
Link to current collection
Payment Management & Arrears
Link to current collection
Technology Standards
Link to current collection
Regulatory Environment
Link to current collection
Profitability Analysis
Link to current collection
Performance Metrics
Link to current collection
Operational Requirements
Link to current collection
Defleet Management
Link to current collection
Technology Partners
Link to current collection
What is Car Subscription?
Link to current collection
Back-End Operations
Link to current collection
Digital Customer Experience
Link to current collection
Captives & Incumbents
Link to current collection
Subscription Models
Link to current collection
Subscription Agreement
Link to current collection
Fair Wear and Tear Policy
Link to current collection
Incident Management
Link to current collection
Scaling Your Business
Link to current collection
Vehicle Profitability
Link to current collection
Subscription Metrics
Link to current collection
Bookkeeping & Accounting
Link to current collection
Breaches and Repossessions
Link to current collection
Accounts Receivables
Link to current collection
Customer Assessment
Link to current collection
Vehicle Collection and Handover
Link to current collection
Vehicle Monitoring
Link to current collection
Vehicle Management
Link to current collection
Application and Pre-Approval
Link to current collection
Car Subscription Website
Link to current collection
Car Subscription Plans
Link to current collection
Customer Acquisition
Link to current collection
Marketing Strategy
Link to current collection
Payment Guidelines
Link to current collection
Identification Guidelines
Link to current collection
Car Subscription Business Models
Link to current collection
Key Personnel Roles
Link to current collection
Defining the Business Structure
Link to current collection
Subscription vs Ownership
Link to current collection
The Future of Automotive Retail
Link to current collection
Arrears Management
Link to current collection
Breaches & Repossessions
Get In Touch

Book a free consultation with our experts

Start offering car subscription to your customers under your own brand. Power your own unique go-to-market strategy with an entirely configurable purpose-built solution.

10+
Speak with our experts
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.