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Rewarded for Respect

Operating a two-sided marketplace, like Fretish, can be a complicated thing.  First you need to find a supply of cool musical instruments.  This can be a challenge.  Then, almost simultaneously, you need to notify the right set of musicians that there is cool gear to be played.  Also, not an easy task.  But, having built and operated digital brands over the past 20 years – including AOL Instant Messenger, Monster.com and CoachUp – you become adept at overcoming marketplace challenges.

What feels unique about this latest endeavor is how central the role of respect must play – on all sides of the marketplace.  A culture of respect is required to make Fretish successful and sustainable.  And this culture must be shared by all participants: the company, the supply side of the marketplace (instrument owners and guitar builders) and the demand side of the marketplace (the renters and buyers of equipment).

Why is respect so important?  Because it directly benefits you (the Fretish member), regardless of which side of the marketplace you reside.  If you are a guitar player and are respectful, then you’ll get to experience playing that really cool guitar.  And, you’ll receive a positive review which will make other owners interested in renting to you.  If you are an instrument owner and are respectful, then you’ll earn money from your collection.  And you too will receive positive reviews.  For the company, respect is central to the brand identity.  If musicians don’t feel – at a gut level – that Fretish is a company dedicated to respect, for people and musical instruments, then the foundation for a sustainable business does not exist.

Some examples of practicing respect:

Players (renters or buyers)

  • When making a rental request, suggest possible times and location for pick up (if location hasn’t been specified on the instrument details page).
  • Respond promptly to owner inquiries.
  • Provide complete answers.
  • Be on time for instrument pick up and drop off.
  • Take extremely good care of the instrument while it is in your possession.
  • Thank the owner for entrusting you with their instrument.
  • If you are seeking to negotiate a lower price on gear that is for sale, don’t engage in endless debate on “what the instrument is worth”.  Succinctly present an alternative offer.  If the owner says “no thanks”, then consider the negotiation concluded.  Don’t pester the instrument owner.
  • Make sure to leave a review of the transaction so that other Fretish users know if this was a good experience or not.

Owners

  • Make sure to complete the payment settings on your account when listing instruments.  Users cannot rent from you until you complete those steps – nor can you get paid.
  • Respond promptly to player inquiries.
  • If your instrument is unavailable for rent or sale, then either a) update the availability of the instrument on your availability calendar or b) de-list the instrument from the site.
  • Inspect the instrument before it is delivered for rent.  Are the electronics working as they should?  Are the strings (relatively) new?  Is the guitar in tune?  Has it been wiped off with a soft cloth?  Yes, to all of the above?  Great!
  • Be on time for instrument pick up an drop off.
  • Make sure to leave a review of the transaction so that other Fretish users know if this was a good experience or not.

If you ever encounter a disrespectful experience on Fretish, let us know here https://fretish.com/en/user_feedbacks/new so we can address the issue as soon as possible.

photo credit: BET