by Rentcubo | Mar 29, 2023 | Blog, Car Parking, Parking app, Parking Industry, Parking Management
Managing parking can be a challenging task for any organization, especially for those with limited resources. Inefficient parking management can lead to congestion, safety issues, and dissatisfied customers or employees. Fortunately, parking management software is available to streamline and automate the process, making it easier and more effective. In this blog, we will explore the benefits of using parking management software and why you should care about it.
What is Parking Management Software?
Parking management software is a computer-based application that automates and manages parking operations. It includes a range of features such as parking lot monitoring, ticketing, payment processing, and reporting. The software is designed to improve the efficiency and effectiveness of parking management while reducing costs and improving customer satisfaction.
Benefits of Parking Management Software
1. Improved Efficiency
Parking management software streamlines the parking process, reducing the time and resources required to manage it manually. With automated ticketing and payment processing, employees can focus on other tasks, and customers can enter and exit the parking lot more quickly. This improved efficiency leads to fewer delays, reduced congestion, and improved customer satisfaction.
2. Enhanced Security
Parking management software includes features such as surveillance cameras, license plate recognition, and access control systems, improving the security of the parking lot. The software allows operators to monitor the parking lot in real-time, identify unauthorized vehicles, and track any suspicious activity. This enhanced security improves the safety of the parking lot and reduces the risk of theft or damage to vehicles.
3. Increased Revenue
Parking management software allows organizations to set and adjust parking rates based on demand, increasing revenue. The software also includes features such as real-time occupancy monitoring, which helps operators identify and maximize parking utilization. With increased revenue, organizations can invest in other areas of their business, improving overall performance.
4. Better Customer Experience
Parking management software enhances the customer experience by improving the speed and ease of parking. With features such as mobile payments and reservations, customers can quickly find and pay for parking without the need for cash or physical tickets. The software also includes real-time parking availability updates, reducing the time customers spend searching for a parking spot.
5. Improved Reporting and Analytics
Parking management software includes reporting and analytics features that provide insights into parking lot utilization, revenue, and customer behavior. With this data, operators can identify areas for improvement and make informed decisions. The software also generates automated reports, reducing the time and resources required for manual reporting.
Why Should You Care About Parking Management Software?
1. Cost Savings
Parking management software can significantly reduce the costs associated with parking management. With automated ticketing and payment processing, organizations can reduce the need for manual labor, reducing labor costs. The software also includes features such as real-time occupancy monitoring, which helps organizations identify underutilized parking spaces and optimize operations. This optimization leads to reduced operating costs, improving overall profitability.
2. Improved Sustainability
Parking management software can help organizations improve their sustainability by reducing traffic congestion and emissions. With improved parking management, customers can enter and exit the parking lot more quickly, reducing the time spent idling and emitting pollutants. The software also includes features such as electric vehicle charging station management, which helps organizations support sustainable transportation options.
3. Improved Compliance
Parking management software includes features such as license plate recognition, which helps organizations enforce parking rules and regulations. The software can identify unauthorized vehicles and issue tickets, improving compliance with parking rules and regulations. This improved compliance can reduce the risk of fines and penalties, improving overall compliance.
4. Enhanced Security
Parking management software enhances the security of the parking lot, reducing the risk of theft or damage to vehicles. With features such as surveillance cameras and access control systems, organizations can monitor the parking lot in real-time and identify any suspicious activity. This enhanced security improves the safety of the parking lot, reducing the risk of liability claims and improving the reputation of the organization.
5. Competitive Advantage
Parking management software can provide a competitive advantage for organizations, especially those in highly competitive industries. With improved efficiency, customer experience, and revenue, organizations can differentiate themselves from their competitors and attract more customers. Additionally, with features such as mobile payments and reservations, organizations can offer convenient and modern parking options that appeal to tech-savvy customers.
Choosing the Right Parking Management Software
When selecting a parking management software, there are several factors to consider, including:
- Scalability: The software should be scalable to accommodate the needs of the organization as it grows.
- Customization: The software should be customizable to meet the unique needs of the organization.
- Integration: The software should be able to integrate with existing systems, such as access control systems and surveillance cameras.
- Support: The software provider should offer reliable and responsive customer support to assist with any issues or questions.
- Security: The software should have robust security features, including encryption and access controls, to protect customer and organizational data.
Parking management software can provide significant benefits for organizations, including improved efficiency, enhanced security, increased revenue, and better customer experience. It can also help organizations reduce costs, improve sustainability, and comply with parking rules and regulations. When selecting a parking management software, it is essential to consider scalability, customization, integration, support, and security. With the right parking management software, organizations can streamline their operations, enhance the customer experience, and gain a competitive advantage.
by Rentcubo | Mar 6, 2023 | Blog, Car Parking, Parking app, Parking Industry, Parking Management, rental business plan, Rental Management Software
In today’s fast-paced world, customer satisfaction is essential for any business. The satisfaction level of customers determines the growth and success of a company. In the parking industry, customer satisfaction can be challenging to achieve due to the many problems customers face, such as finding a parking spot, paying for parking, and navigating through parking lots. However, with user-friendly parking management software, businesses can improve customer satisfaction levels by simplifying the parking experience for their customers. This blog will discuss the benefits of user-friendly parking management software and how it can enhance customer satisfaction.
What is User-Friendly Parking Management Software?
Parking management software is a type of software used by businesses to manage their parking operations effectively. User-friendly parking management software is software that is easy to use and navigate, making it accessible to customers who may not be tech-savvy. With a user-friendly interface, customers can easily find and pay for parking without frustration, leading to increased satisfaction levels.
Benefits of User-Friendly Parking Management Software
1. Improved Customer Experience
User-friendly parking management software can significantly improve the customer experience by simplifying the parking process. Customers can use the software to find available parking spaces and pay for parking without having to interact with a parking attendant, reducing wait times and increasing convenience.
2. Increased Efficiency
Parking management software allows businesses to automate many parking-related tasks, such as collecting payments, managing parking spaces, and issuing parking tickets. This automation increases efficiency, allowing businesses to serve more customers in less time, resulting in increased revenue.
3. Better Data Management
User-friendly parking management software allows businesses to collect and analyze data related to parking operations, such as the number of vehicles parked, revenue generated, and parking violations issued. This data can help businesses make informed decisions about parking operations, such as adjusting parking rates and optimizing parking space allocation.
4. Enhanced Security
User-friendly parking management software can enhance security by preventing fraudulent activities such as parking ticket forgery and ensuring that only authorized vehicles park in designated areas. This can help businesses reduce liability and improve safety for customers and their vehicles.
Features of User-Friendly Parking Management Software
1. Parking Space Availability Monitoring
Parking management software can monitor the availability of parking spaces in real-time, allowing customers to easily find available parking spots. This feature can significantly reduce the time customers spend searching for parking, enhancing their overall parking experience.
2. Mobile Payments
With user-friendly parking management software, customers can pay for parking using their mobile devices, eliminating the need for cash or credit cards. This feature makes the payment process more convenient and reduces wait times, resulting in increased customer satisfaction.
3. Parking Lot Navigation
User-friendly parking management software can provide customers with a digital map of the parking lot, allowing them to navigate the lot with ease. This feature can reduce the time customers spend searching for their parked vehicles, improving their overall parking experience.
4. Parking Enforcement
Parking management software can enforce parking regulations, such as parking space allocation and time limits. This feature can help businesses reduce parking violations and improve customer safety and satisfaction.
5. Analytics and Reporting
User-friendly parking management software can collect and analyze data related to parking operations, such as parking revenue, occupancy rates, and parking violations. This feature can help businesses make informed decisions about parking operations, resulting in increased efficiency and revenue.
Implementing User-Friendly Parking Management Software
Implementing user-friendly parking management software requires businesses to invest in the software and hardware required to run the software. Businesses must also train their staff and customers on how to use the software effectively. However, the benefits of implementing user-friendly parking management software far outweigh the initial costs.
In conclusion, user-friendly parking management software can significantly improve customer satisfaction levels in the parking industry. With features such as parking space availability monitoring, mobile payments, parking lot navigation, parking enforcement, and analytics and reporting, businesses can simplify the parking experience for their customers, resulting in increased efficiency, revenue, and customer satisfaction.
Moreover, businesses can differentiate themselves from their competitors by offering a user-friendly parking experience. In today’s digital age, customers expect convenience and ease of use, and businesses that can provide this can gain a competitive edge.
Overall, implementing user-friendly parking management software is an investment in customer satisfaction and business success. With the benefits and features discussed in this blog, businesses can enhance the overall parking experience for their customers and improve their bottom line.
by Rentcubo | Dec 6, 2021 | Parking app, Parking Industry, Parking Management, Rental Management Software
Purchasing an automobile is no longer regarded as a luxury. Having a car is more of a necessity than a luxury. Individuals are growing their automobile ownership as their financial situation improves. The complexities and tensions of parking grow as a result of this. For parking lot spaces to run well, cooperation and collaboration along with efficient parking management software are essential.
From a simple coffee machine to a massive tractor, everything in today’s society is automated. Modern machines have made our lives so much easier that we can’t understand how we would function without them. And, as if simplifying work wasn’t enough, more and more attempts are being made toward complete automation of common tasks, which will benefit us on a whole new level.
The parking sector was also introduced with a similar change through automatic parking systems and Airbnb for parking. The automatic parking system has proven to be 100 times more efficient than the traditional parking system because of robust parking management software. The reason for the integration of automatic parking systems through software for parking management is because typical and conventional parking systems, which are currently in use, have a number of flaws.
The traditional parking system’s functionality may have been satisfactory in the past, but modern buildings face new challenges that necessitate newer solutions such as Airbnb for parking. RentPark, a leading parking management software provider, has listed out some of the most common problems with manual parking systems.
High Dependence on Guards:
Since traditional parking systems are completely manual and require someone to open and close boom barriers at all times, they are completely reliant on guards. The guards are also in charge of manually entering information, handling payments, updating availability status, and managing the overall operations of the parking lot.
With manual parking management systems, vehicle details are not properly recorded, hence there is a lack of proper security measures of the parking space. The error in recording vehicle details is primarily because the entries are made by guards. The room for error is prone to exceed with higher traffic.
Parking managers count permits and non-permit cars manually, which is a time-consuming task. A physical inspection of the vehicle’s status and handwritten tickets are required in this scenario. In this case, such a manual approach results in 50% entry errors, resulting in significant losses to the bottom line.
Paper-Based Record System:
Manual parking systems maintain a paper-based records system since data collection and entry are manually done by parking personnel. Therefore, it is challenging to sift through such a big volume of data. Parking lot managers must spend hours searching for files containing the exact information in order to complete this work. These kinds of paper records cause a slew of issues.
Reading, writing, and entering data takes a lot of time and effort. Capital expenditures are increased unnecessarily as a result of money spent on labor that performs repetitive manual operations that can be easily and efficiently automatized. In addition, the labor cost involved in the maintenance of a manual parking system is more since all operations have to be done manually.
In manual parking management systems, customers must wait in line for long periods of time to both enter and exit the parking lot due to outdated or manual operations. Customers’ time is squandered as a result, and the company’s long-term viability is jeopardized.
Ineffective Management of Visitors:
Visitors are frequently allowed entry into premises by guards without first confirming with the person they are visiting, which might result in the wrong persons being granted access. As a result, a high-risk factor is prevalent in manual parking management systems putting others and building residents in harm’s way.
Manual parking systems offer more disadvantages than advantages. Switching to automated car parking systems with the help of fully integrated parking management software would be the best way to fight this issue. They are eco-friendly, simple to use, and cost-effective.
RentPark’s automated parking system is carefully built and tailored to meet the demands of each and every customer. This is ground-breaking software for parking management that transforms any parking spot into a parking experience. So, with RentPark, make your parking a safe and easy experience, because smart cities cannot be established without smart parking.
by Rentcubo | Oct 30, 2020 | Parking app, Technology
Smart parking the load up system is a clear, beneficial, and down to earth technique for effectively operating control over parking spaces in settings such as supermarkets, shopping centers, gyms, business estates, hotels, public council-run land, and more. These machines are easy to introduce and give ease, easy to understand an experience that is consistently associated with the ANPR connected robotized installment framework. Dealing with a parking part is an unpredictable business. What’s more, a large portion of the parking part of the executives tasks is still directed physically, particularly in India.
The difficulties duplicate with multi-inhabitant parking parcels where a significant level of coordination and collaboration is required among the parking space suppliers or proprietors and their occupants. A couple of quick parking issues that need arrangement: following the vehicle and guest subtleties on section and leave, checking the left spaces, recognizing void openings and forestalling their abuse, incorporated admittance control, spotting approved and unapproved parking, installment issues, and some more.
The organization or the office administrators of parking spaces face these difficulties consistently. Parking parcel the executives was a significantly confusing business. Also, more significantly, no total parking arrangement existed that could mechanize these cycles. Some independent equipment and fundamental programming exist for facilitating a portion of the staggering parking issues. Yet, none that settled all the parking issues via mechanizing parking the board start to finish.
Before we examine the sort of parking arrangement that can settle parking the executives issues, let us first Glance at the issues.
It’s everything actually done physically
Does the vehicle have a place with an approved staff? Is their pass still substantial? Imagine a scenario in which an uncommon visitor who has no substantial pass needs to leave their vehicle. Is there enough void spot? Has the person been charged suitably? These are only a couple of the watches that the parking staff needs to lead physically every time a vehicle enters or leaves the parking entryways. The entire cycle is awkward and blunders inclined, prompting numerous disappointed parking or office supervisors and visitors.
Erroneous account of information
Since the greater part of the information is caught
physically, it will undoubtedly be off base. Transcribed paper parking tickets
are given. These are again inclined to misfortune and control. Paper registers
are loaded up with subtleties of the vehicles making sections and exit from the
parking door throughout each and every day. How would you even start to recover
information from these registers when the need emerges? It’s almost
Bothered safety officers
Most aspects of the parking space tasks rely upon the truthfulness and sharpness of the faculty positioned at the parking parcel. However, envision an individual following, checking, and recording vehicle and space subtleties on an hourly premise all day every day. It is ridiculous to anticipate that the group should do mistake-free and smooth work regardless of how proficient the individual might be. A human brain can deal with just so much data given a restricted time. Additionally, expanding the quantity of staff builds the expense of workers without a proportionate increment in proficiency.
Lines at parking parts, particularly during times of heavy traffic, are a typical sight. Since the parking faculty requires some investment in checking and confirming the passes and vehicle subtleties. The hour of visitors and clients are additionally squandered. This prompts a negative client experience. Business parks, for instance, that give an awesome encounter, in any case, ought to be stressed over the experience of their visitors in the parking parts.
Worker cost and overheads
Putting resources into the correct arrangement, one that settles the useful issues looked at via vehicle parking part proprietors and staff, will be far more practical over the long haul.
Mistake free installments influence the bottom line emphatically
The expansion in productivity because of introducing the correct parking the board framework against employing more workers is exceptional.
The Right Parking Management System
Ideal parking the board arrangement is a coordinated framework that illuminates parking the executive’s issues from both equipment and programming viewpoint. It computerizes the whole framework from section to exit and kills every single manual cycle – an errand that requires an elevated level of collaboration and coordination.
Programmed section, no manual check
A smart vehicle parking framework perceives whether a vehicle is approved for a parking space. The RFID tag on the vehicle permits the vehicle passage at the parking door through a blast hindrance that consequently opens. A robotized parking framework additionally perceives all classifications of guests – staff, guests, unique visitors, and so forth – and assigns a space appropriately in seconds dependent on the accessibility.
Moment pay-and-park tickets
In the event that the individual in the vehicle is a guest, the person would get an auto-produced restricted pass that could be QR code-based. The smart parking framework will naturally allocate the guest with a parking space that is held for pay-and-park vehicles.
No blunders, get total reports
A smart parking framework kills all paper-based work – be it
parking tickets or paper registers. Mistakes in installments become a relic of
times gone by. Parking space suppliers can have confidence that all information
is naturally caught and put away in an incorporated framework. The framework
can likewise give helpful reports that are available to the administration
Ideal space usage
Since all openings are pre-dispensed and pre-saved for explicit inhabitants – their staff, guests, visitors – or other special purposes, space use is ideal. The interest and flexibility of space are entirely adjusted on the grounds that spaces and openings are pre-allocated in a mechanized parking framework.
Cautions and alarms
Any unapproved utilization of a parking spot can set off
cautions. The parking faculty can take the proper choice on schedule. A
robotized vehicle parking framework can likewise give moment tickets if there
should arise an occurrence of any standard infringement in the parking
Fulfilled clients and visitors
A significant objective of any cycle improvement is consumer loyalty. Parking the board framework that effectively deals with the parking parcel prompts upbeat clients. All-out destruction of the confusion at the parking part would prompt upbeat guests, inhabitants, and staff. It’s a success win circumstance for all. Keeping the complex problems in mind, Rentcubo’s Rentpark is a smart parking solution for all complex problems that a parking management system endures.
If you would like to know more or have any questions please feel free to reach out to us at email@example.com.
by Rentcubo | Feb 3, 2020 | Airbnb Clone, Blog, Car Parking, Parking app, Rental business ideas
If your parking business suffers from inefficiencies, it is time to switch to a smart parking solution. Central to smart parking solutions is the software that powers it. A smart parking management software automates the parking spot searching, the process of payment, integrates revenue strategies and includes critical components like big data, data analysis, and complex algorithms. Implementing parking software for your business can have several significant benefits in terms of business success.
How to improve your parking business?
So let’s have a look at some of the benefits offered by smart parking systems and from that, you will realize how you can improve your parking business!
The ease of accessibility and user-friendly nature of the parking software makes handling the system quite easily. Apart from usability, cost-effectiveness is another benefit of this system as it runs on a minimum workforce and saves more money. Maintaining the parking management system is also easy as it is well organized and structured.
Launching a parking software system gives you instant access to real-time data of your parking lot business. By collecting information about customer behavior and other important details, your business gains a competitive advantage from a marketing standpoint. Your business will grow tremendously as you streamline your focus towards offering better solutions to your target audience. With real-time information about the parking space, your parking solution can generate a report based on the data. Your parking software generates reports on a daily, weekly, monthly, or yearly basis and it can go a long way in helping your business gain insights about your customers.
Parking management software is well renowned for its integration with technology. Smart solutions are based on technological innovations like IoT. You can customize the technologies that power your parking solutions to suit the unique needs and requirements of your parking business. The technology that powers parking management software makes it easy to install and access from any device, anytime and pay securely within the app itself.
- Delivers great user experience
If you are looking for different ways on how to improve your parking business, focusing on delivering a great user experience to your customers is important. Launching a parking software of your parking business will likely transform the user experience of your customers. The location search, ease of finding parking lots, different payment methods, and other integrated features contribute to the seamless user experience for customers. By enhancing the customer experience, you ensure the growth of your business via word of mouth.
Implementing smart parking solutions can be costly (there are low alternatives as well), but the investment is worth it. By using an automated parking management service, you can implement a tiered payment model for users and thereby a revenue channel for your business. You may also integrate loyalty programs for consistent users. By boosting the customer experience and convenience, you can improve your brand image which is bound to considerably increase your overall revenue stream. If you want to gain a competitive edge in the market and generate a steady amount of income, implement a peer-peer parking management marketplace that connects parking space owners with car owners.
Focus on the security aspect of the parking management system to strengthen the trust amongst your users. Car theft is one of the major problems in most parking lots. Hence, when you develop a parking management software, integrate safe features to ensure the security of vehicles. Integrate theft dynamics built into your software to offer an improved security benchmark. With the technologically advanced features, parking management software offers safety, privacy, and upgraded security features to all users. Parking management systems must also prevent unauthorized access to parking spaces which will improve the confidence of car owners to use your parking management platform.
Another benefit of parking management software to parking business is its versatility. It is quite easy for both parking space owners and vehicle owners to leverage it. The software is very flexible and offers convenience to users. Based on the number of vehicle traffic, you can adjust the software to cope up with the incoming bookings. As parking solutions are organized in a structured manner it is easier to regulate, manage, and control.
Parking management software offers a real-time capability to ensure that user demands of convenience and speed are fulfilled. The software can also be customized to include loyalty programs to reward regular customers. By creating customer profiles that collect data on buying patterns and behavior of users, a reward system helps to widen the customer base and to retain them at the same time.
- Increases revenue generation capabilities
Parking management systems also increase the revenue generation capability of your business and helps in boosting loyalty. Most parking businesses generate revenue by earning from the flat rate or hourly parking rates. If you are running a parking management marketplace, you will make money through commissions earned from each transaction. To set up additional revenue streams, you can offer premium listings, loyalty programs, and other add-on services to your users.
By implementing a parking management software for your business, you can automate the major operations. This automation reduces the staffing requirement as your business can save on labor and other costs. Automating the otherwise manual task improves response time and cuts down the time lost in fulfilling these tasks. Additionally, digitization also helps to reduce extra costs and offer a clear value proposition for ROI planning.
- Integrates other software applications
For better results, parking software uses integrated software applications that can be customized according to your business requirements. It creates space for third party software and integrations that are designed to make the user experience of your parking management software uniquely great.
Managing parking space is a demanding and tedious job and advanced parking management solutions that cater to a diverse requirement are essential to the success of any parking business. With an innovative parking management system that is dynamic, adaptable, and features highly customized functionalities can effectively improve customer satisfaction and optimize revenue generation. The efficient functioning of parking management software makes it a great integration for any type of parking business. A parking management system is mutually beneficial for both parking space businesses and users alike.
by Rentcubo | Nov 29, 2019 | Parking app
Struggling to find a parking space is a day-to-day scenario for any metropolitan citizens. Parking lots are nothing short of a maze, and the exponentially increasing numbers of cars in the big cities add to the trouble. This is where parking spot finder apps come into play. These apps tackle the tough task of finding empty parking spaces near you. With a significant increase in the number of cars a person owns, there is a rising demand for such parking space finding apps.
The business models of parking space finder apps work just like the Airbnb business model, which connects hosts who want to rent out their apartments with travelers who are looking for accommodations. The era has passed when car drivers used to look for available parking spaces desperately. People these days use smart parking management solutions to book parking slots on the go.
With the rising popularity of parking space finder apps among the public, the prospects of business who can provide these solutions are also rising. This makes a perfect time to undertake a start-up under this niche. If you have been looking for a profitable business idea for your next venture, building your own parking space finder app could be a great one. In this blog, let’s cover the basics of building a parking app to offer innovative and convenient parking solutions to your target audience.
Things to consider while creating a parking space finder app
Before building an efficient parking management solution, there are some basic things to consider that will improve the efficiency of your final product. They are as follows:
Before taking any new business decisions, the first step is to conduct market research on the same. The same goes for delivering a parking finder app as well. You need to do thorough research to find out the cities with heavy traffic or parking space availability problems.
After your research, you will be able to find out which areas need a parking app. To categorize, the best parking space finder apps are the ones that show empty parking slots among many filled ones. That is why market research is important as an initial step in developing an application for the same.
The main purpose of a parking space finder app is to make it trouble-free for car owners to find a vacant parking space. If the design of the app is not easy enough to use, it loses the sole purpose. Both UI and UX of the parking space finder app should be easy on the eyes of users. An application with an enhanced user experience will help to bring back your customers every time. The app must be able to complete the whole process in a minimal number of easy-to-follow steps. In short, the parking app must be a smart parking solution for its users.
Start small and expand later
As with any business, it is better to start small and expand gradually once you gain a grip in the market. Start simply by offering the basic functions with unique features to gain the attention of your target audience. Don’t try offering what you have all at once. Once you gain a stable customer base, you can start by offering add-ons and extra perks to your customers to grow your business.
Offer complete information
Parking space finder apps are not just to provide information regarding parking space and free slots, they must also offer other related services. For example, a parking space finder app must show details like multiple pictures, regular parking fees, peak and free hours, and all related information. Your app will gain traction if it can offer other information like gas stations, car washing services or services helpful for car owners. Certain parking apps also inform the users about cheapest times to park, or if there is a hike in parking charges at other times of the day.
How Parking Management Solutions ease parking problems?
Conventional parking management systems tend to focus primarily on quantity. These types of systems consider more is always better. However, smart parking management solutions focus on quality and utilizing the available parking space efficiently to maximize the ease of finding and reserving parking space. Here are some of the common parking problems that parking management systems tackle.
Hard to locate vacant parking spots
This is the first problem tackled by a parking space finder app. Locating a vacant parking slot during peak hours is not easy. A parking lot finder app makes the whole process of finding the vacant spots easy with GPS.
Going through a confusing layout only to find a parking lot already occupied is troublesome. What is more troublesome is double parking where a car owner parking a vehicle near to another vehicle already stopped. With a spot allotted to a car, the parking lot finder app will be able to inform the car owner in case if space is double-parked. This leads to a more efficient parking lot with better parking lot management.
Confusing parking rules
Different parking spaces have their own rules like charge per hour, additional charges after a particular period, etc. A parking management software will help car owners to see the price-related information and other similar details taking unnecessary hassles out of the picture.
The revenue model of parking management systems
Like any other Airbnb-like app, Airbnb for car parking also generates revenue through commissions. Let’s look at different ways by which a parking spot finder app makes money.
No matter how conventional or modern a parking lot business is, it earns revenue through commissions from the parking space owners.
Parking lot management apps take a small percentage of fees from driver’s car owners when the payments are processed.
Parking space management systems can also charge parking lot owners to list their spaces for a price so that their spaces will be given priority. The parking system can also offer premium memberships to car owners to enjoy unique benefits like priority access to parking lots.
Must-have Features in your Parking Spot Finder App
To build an efficient parking management software, there are many essential features to incorporate.
Navigation and booking
A smart parking management solution will allow car owners to find a parking spot, reserve it, and pay for it according to the pricing format of the space. Not only it is timesaving but it also makes the whole process more efficient. Many parking lot apps work on this model. The car owner who registers in the app books a spot, and once he reaches the parking lot, the app guides him to the dedicated spot. Parking fees can be either pay-in-cash or through the app itself.
Parking spot finder apps must have a GPS tracking system that assists users to locate a parking space. Integrating location-based real-time navigation services can be the best way to help your users not just to book the slots but finding a way to reach there as well. Both navigation and booking system must be user-friendly and uncomplicated. When building an Airbnb for parking spaces, these are two important features to include. Apart from navigation and booking, parking apps can also have features like adding extra parking time or navigating back to a car space, etc.
Multiple payment gateways
It is always a smart move to provide app users with multiple payment choices. This comes handy when customers are in need of different payment options they trust and feel comfortable with. Adding multiple payment methods to your payment gateway can increase user engagement and significantly reduce the bounce rate.
A smart parking management solution must feature an efficient control system that provides the car drivers with information like “where to park” and other important notifications. It must also provide up-to-date information on car parking processes, price structure, and payment methods.
As parking spot finder apps utilize sensitive user data like bank details like credit card info, incorporating security features must be the top priority when developing the best parking app. Besides payment safety, the app must also address data and car safety before rolling out. This is extremely important for retaining the trust of your users.
Although it’s an optional feature, offering a comparison list of parking spaces with the price is an excellent add-on feature to include in your parking app. This helps users to find the cheapest option based on the recommendations.
Whenever a user searches for a parking lot, he or she must get notifications about empty parking slots and all other related information. The app can send alerts when the parking time is about to expire to save users from additional charges.
A reliable and safe communication system
Parking management software needs reliable and safe communication. This helps in solving the problems of the car owners while finding the parking slots. The app must include both technical support and notifications via messaging, which makes it convenient for users to enjoy the best services. Users, drivers, and admin must be able to communicate with each other regarding the services they want to avail.
The admin panel is one of the most important sections of the parking app development process. An admin panel must generate reports, manage users and driver panels, add or reject drivers, manage earnings, handle bookings and reservations, etc.
Cost to develop parking spot finder app
The concept of Airbnb for car parking is vast, and it includes numerous factors that make up the app development cost. The total cost to develop parking apps varies based on the features you choose to include. The cost depends heavily on the choice of front-end and back-end development frameworks, technologies, and tools used. It also depends on various other factors like choice of platform, size of the development team, and other complex features the app must have… Developing a parking space finder app from scratch can cost you around $50,000-$2,50,000, 50,000 or even more.
For these reasons, building a parking space finder app from scratch is not a great idea when there are better alternatives in the industry. As smart parking systems work based on Airbnb’s business model, choosing the best Airbnb clone script can be an efficient idea to build parking apps.
RentPark is one such clone script that comes inbuilt with features like communication, GPS, admin dashboard, monetization features, and a lot more. It costs around $1000-$2000 depending on the customizations. You also get free installation, 1-year tech support, etc. as add-ons. Additionally, you also get the source code that you can customize if you want to add any new features in your application.
Real-time parking management software opens the door to innovations and immense business opportunities. Modern technologies like cloud and IoT are playing a significant role in the development of smart parking systems. If you want to develop your own parking spot finder application, leveraging Airbnb’s business model is one effective way to bring your idea to fruition.