As 2016 is drawing to a close, we want to take a moment to look back on what ParkMan has achieved during the last 12 months and, even more importantly, what great things lie ahead as we welcome in the new year.
The main interest of parking businesses is having as high an occupancy rate for their parking spots as possible at all times. When parking spots are empty, they don’t generate any money and over time that accumulates into a ton of lost revenue.
Has traditional marketing been killed off by online marketing? According to some, yes. What does that mean for businesses that have been built on traditional sales funnels? Well, we look at it this way: digitalization has created ways to improve your marketing. There’s no need to disband your existing sales funnels - just use tech to make them work even better.
Parking companies are fighting for customers on two levels: direct and indirect. When they are focusing on direct competition, there’s a real risk that it happens at the cost of the just as important indirect market battles.
After cars became a mainstream item during the 1920s and 30s, their number went up steadily. Of course, the needed number of streets, highways and parking spaces went up at the same rate. This started a whole new chapter in the history of parking.
Parking is moving online. It's more and more operated on online platforms that bring drivers and parking providers together. And just like in the travel industry, there will be brokers. How are parking brokers different from travel brokers?
A city is like the human body. The street network is the cardiovascular system of a city, that makes sure the city functions well when it comes to people, traffic and business and well, everything. When every aspect is in order (in other words, the body is healthy), there are no problems. When something is not right, the health problems start