The parking industry has experienced an incremental growth in sales of parking equipment. This is directly linked to the expansion of the automobile industry. The increase in the number of vehicles on the road has led to a shortage of parking spaces. In response to this shortage, the parking industry has developed different types of parking equipment aimed at alleviating parking problems.
Choosing the right parking equipment for your lot is essential in enhancing customer satisfaction and maximizing profits. Having the right parking equipment should make the process of managing parking more efficient and profitable. Different types of parking equipment offer functional solutions that help both the lot owners and parkers.
The types of parking equipment commonly used include barrier gates, entry/exit machines, parking management software, Pay-on-Foot, and Pay-by-Space stations. For example, gated systems consist of barrier gates and entry and exit terminals that are positioned at the entry and exit points of parking facilities. In many cases, manufacturers of parking equipment can provide gates that come in different sizes to meet the design specifications of the lot. Most parking equipment can be customized to suit the needs of the parking facilities.
Due to the competitive nature of the parking industry, choosing the right parking equipment can pose a challenge. Owners should consider choosing parking equipment that is user-friendly and has simple, easy-to-follow instructions. The costs and gains resulting from long-term investment of parking equipment should also be a deciding factor. Even though gated systems include more parking equipment and are a higher investment upfront, they provide higher revenue streams for the owners in the long-term. On the other hand, pay-by-space machines cost less and also produce lower profits.
Other determining factors should include quality of equipment as well as after-installation service provided by the manufacturer/supplier. In conclusion, having the right parking equipment has proven to help owners optimize parking lot operations in terms of profits and customer satisfaction.
Choosing the right parking equipment for your lot is essential in enhancing customer satisfaction and maximizing profits. Having the right parking equipment should make the process of managing parking more efficient and profitable. Different types of parking equipment offer functional solutions that help both the lot owners and parkers.
The types of parking equipment commonly used include barrier gates, entry/exit machines, parking management software, Pay-on-Foot, and Pay-by-Space stations. For example, gated systems consist of barrier gates and entry and exit terminals that are positioned at the entry and exit points of parking facilities. In many cases, manufacturers of parking equipment can provide gates that come in different sizes to meet the design specifications of the lot. Most parking equipment can be customized to suit the needs of the parking facilities.
Due to the competitive nature of the parking industry, choosing the right parking equipment can pose a challenge. Owners should consider choosing parking equipment that is user-friendly and has simple, easy-to-follow instructions. The costs and gains resulting from long-term investment of parking equipment should also be a deciding factor. Even though gated systems include more parking equipment and are a higher investment upfront, they provide higher revenue streams for the owners in the long-term. On the other hand, pay-by-space machines cost less and also produce lower profits.
Other determining factors should include quality of equipment as well as after-installation service provided by the manufacturer/supplier. In conclusion, having the right parking equipment has proven to help owners optimize parking lot operations in terms of profits and customer satisfaction.