The Permit Transformation: A New Experience for This Classic Parking Staple

As communities begin to reopen, students go back to campus, people go back to the office, and things get (hopefully) back to normal, permit parking will be on the rise again. Throughout the pandemic, many individuals may have given up their parking permits (unless they kept them to avoid getting dropped to the bottom of a waiting list) not knowing if or when they would need them again.

However, as people come back, they may be coming back to a very different looking parking permit experience. And that’s a good thing!

First, parking permit terms may shift. What was once a monthly or even annual permit parking agreement may now be more of a daily commitment given that people may not be going to the office every day anymore. Another interesting change may be the elimination of paper. Permit parking is shifting to paperless with all transactions, enforcement, and tracking monitored electronically. This is great news not only for the person trying to keep track of a paper permit or hangtag, but for the operator reducing their costs to purchase paper and the waste generated from that.

Permit parking customers include those utilizing private garages, residential permit holders in downtowns areas, students and faculty at colleges and universities, or anyone who purchases permit in a facility needing in and out privileges. Make sure that these loyal customers have the best experience possible and feel at home in your facility. ParkEngage Permit Parking allows you to implement a custom and personalized solution to make their parking experience as pleasant as possible Check it out here.

ParkEngage In Action: Inventory Management

ParkEngage works with our clients to not only improve the parking experience for their customers, but also to help the operator improve their system and enhance their return on investment. For our clients, we have far exceeded their expectations.

For a large city parking garage operator with multiple facilities, ParkEngage used our Inventory Management System to help them significantly increase their sales through aggregators within the first year. ParkEngage worked with the operator to centralize their entire inventory of thousands of parking spaces into one, easy-to-navigate system. ParkEngage automated the manual process of publishing the inventory and provided real-time inventory and dynamic pricing updates to the aggregators. ParkEngage system Inventory Management System provides a common dashboard for all the channel sales and inventory reports as a cloud-based subscription service.

After one year utilizing ParkEngage Inventory Management, the operator experienced a 20% increase in sales. They also saw a 5% increase in their average revenue per reservations sold through aggregator channel, as well as a return on investment of more than five times. Further, the product helped to significantly streamline their operation, embrace the strengths of their aggregators and channel partners, and gain control of their parking inventory. Learn more about our Inventory Management system and set up a demo today!