The parking industry has long been led by management companies
with a commercial model that generates as much as
95-98% of their revenue from Parking Charge Notices
(PCN’s). Whilst car park management is necessary for security
purposes, this PCN-led model is designed to stop people from
parking, including your customers that may overstay an initial
authorised period. This downfall drastically limits possible
revenue that could be generated from your parking assets as it
fails to optimise yield, and is incapable of delivering a great
customer experience on behalf of your brand.
YourParkingSpace’s business model generates asset
owners revenue across traditional channels and new concept
strategies. Where existing operators simply capture passing
traffic, YourParkingSpace builds audiences across both
Our typical revenue share model strongly incentivises yield
optimisation and the creation of memorable experiences at your
facility to keep customers returning time and time again. We
strive to represent your brand in a fair and ethical manner,
building customer-centric technology that not only protects your
car park in a way that does not jeopardise your brand
reputation.
Whilst YourParkingSpace provides car
park management solutions, we also have the capability to
provide asset owners with our revenue generation strategy by
working with their existing management providers. Our API-led
connectivity enables omnichannel selling at sites with existing
hardware and management provider commitments. Integrating and
exposing valuable data dynamically from existing car park
technology that is otherwise static and offline, puts asset
owners in a competitive position to generate incremental revenue
and win.