AYM automatically raises and lowers rates based on demand

Proven success - 163% average revenue uplift in over 10 regions

Effortlessly maximize your asset value and revenue

Automated Yield Management (AYM)

“ Even if we hired a full-time person just to set fees, we couldn’t post hundreds of rates multiple times a day, let alone develop the number of products and analyze the results the way Smarking’s algorithm does. ” 

RICK WEST, CEO - MILLENNIUM PARKING

$2 million+

2019 revenue uplift

163% 

average revenue uplift

400+

unique pricing levels

The industry's first dynamic pricing engine

$30-200k/yr per site in additional revenue on a single online channel

For every level of demand, there exists a corresponding, optimized price. Smarking’s AYM system sets a price based on predicted demand, to maximize revenue within inventory and price restraints. Rates are adjusted as demand prediction evolves.

Expected demand +8%

Thursday at 1pm

$6/hr

Updated as demand prediction evolves 

Updated Multiple Times Per Day

Reflects real-time demand changes, ensures your parking assets are at market price, and controls demand.​

400+ Unique Pricing Levels

Smarking creates unique pricing for each hour (unique per day) and each duration of stay for that hour

Price Adjustment Methodology: 

What price maximizes revenue and occupancy at this garage, given predicted demand, without driving away visitors? 

Simple, no risk pricing. Rates only start when you grow.

$0 upfront 

Select the locations you'd like to pilot

Authorize access to online sales channels  

Watch your revenue increase through AYM

10+ markets

Since launching almost 2 years ago, here are the results. 

have shown consistent growth in demand and revenue

50% increase

in occupancy during low demand times

210% uplift

in transactions for 4-6 hour and multi-day stays in urban areas, showing new demand

Simple, no risk pricing. Rates only start when you grow.

$0 upfront 

Select the locations you'd like to pilot

Authorize access to online sales channels  

Watch your revenue increase through AYM

10+ markets

Since launching almost 2 years ago, here are the results. 

have shown consistent growth in demand and revenue

50% increase

in occupancy during low demand times

210% uplift

in transactions for 4-6 hour and multi-day stays in urban areas, showing new demand

Plans and Pricing 

Limited Time

Free Trial

Schedule a meeting 

Questions? Want to learn more? Let's chat.  

 

You'll be in good company

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© 2020 Smarking Inc. www.smarking.com