The Leasing Wall

A NEW DIMENSION IN RENTING OUT VENDING SPACE!
Whether or not our Leasing Wall is a totally new concept in renting vending space we wouldn't argue. It might as well be because we haven't seen anything of the kind anywhere in-world but then the world is too big to know it all.

Our original question was why there are so many walls covered with rented ad boards but no vending board is rented the same way. After many months of development and testing on our own land we can finally share with you the answer - yes, one can rent vending boards to merchants in the same way as ad boards to advertisers!

That is what The Leasing Wall does. A merchant comes to The Wall, selects an available renting board and pays the amount of weekly rent or more (Pic 1). The Wall deletes the renting board (Pic 2) and in its exact place rezzes a dedicated vendor (Pic 3). The renter buys the vendor for L$0 so the renter owns it and can independently configure it and load with products having such permissions as the renter sets (Pics 4-6)

The Wall has no access to either content or operations of a rented vendor except for it can delete it should the lease expire without renewal. Then it would rez back a renting board in its place. As simple as this.

The Wall is one prim and can rez up to 18 dedicated vendors on each side, for a full configuration capacity of 36 vendors. A dedicated vendor is our MPV-W vending board; it is low lag and either one- or 2-prim but can display and sell (with 5-way receipts split) up to 100 individually-priced items of any inventory type. Its only difference from our standard MPV-S vendor is that it is "nailed" to The Wall and cannot be moved.

When you install one or more Leasing Walls on your land, you are sure that your renters use low-lag, minimum prim vendors and you know exactly how many prims are being used. You don't have to collect and return renters' prims if the rent is overdue. The Wall will even give forgetful renters a sufficient grace period to catch up. On the other hand, your renters can configure their rented vendors in a way most suited to their businesses. Your renters don't even have to be your group members (unless you specifically require so) regardless if you allow rez objects to all or only to a group.

We wouldn't argue either if The Leasing Wall makes obsolete any and all merchant space renting systems. Some merchants would still prefer to rent stores and fill them with boxes instead of vending boards, no matter how advanced. So the best solution for a landowner is to still offer individual stores for rent while deploying our Leasing Walls in the left-over spaces to maximize the land usage and therefore your receipts.

Click the "See the Item in Second Life" link and see the wall in operations right next to our mall.