Three reasons why you should digitize your parking business

Electric car charging creates new business opportunities

The automotive industry is in the midst of several major transformations. Both in terms of technology and people's approach to car ownership. Electric cars are becoming more common and car pools are a way for people in metropolitan regions to have access to a car without owning it themselves. In both cases, the parking spaces are a crucial piece of the puzzle. In other words, you who own parking spaces are in a great position to develop your parking business and offer services for which there is already a great demand.

By digitizing your parking business, you get full control of your parking spaces. It will open up completely new possibilities to offer, for example, electric car charging as an integral part of subscription parking. You as a property owner become the new gas station of the future!

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Customers expect digital tools

The digital user experience for parking on street land has evolved over several years, but on private land, digitalisation often lags behind. As the rest of society goes digital, so do expectations about how the digital experience of subscription parking should work. Digital contracts, simple payment options and digital keys are tools that many of us today take for granted.

A prerequisite for offering your tenants digital tools is that you have first digitized your own tools and processes. The result is a win-win situation for you and your tenants. They provide a smooth user experience and you reduce your administration due to the fact that many of your manual parking processes will be automated.

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Data Analytics Boosts Your Business Development

When we make decisions based on gut feelings and past experiences, the result is often approved, but rarely really good. In order to make sharp business decisions, you need access to the right data. Can you say with your hand on your heart that you have an eye on the occupancy rate of each parking space you own?

“It's not uncommon for our customers to find parking spaces they didn't know existed just by digitizing the inventory process”

— Johannes Asp, CEO Mobility46

A nice effect of digitizing your parking management is that you get access to a lot of data about your parking business. Among other things, you can identify possible deviations from market prices, keep track of vacancy rates and make continuous adjustments to your rental forms.

There is no doubt that the digitalisation of parking spaces opens up completely new business opportunities that will play a crucial role in society for a long time to come.

Do you want to join the digital parking revolution and be an attractive property owner for your tenants?

Read more about our Parking Management System