NPA Market Day: Dynamic Pricing Contributes to Accelerated Revenue Recovery
Online Parking Demand is Recovering at a Faster Rate than Offline Demand
Dynamic Pricing is Contributing to Accelerated Revenue Recovery: Smarking’s Dynamic Pricing (AYM) Engine Enables a 40-400% Revenue Increase
New Pricing Challenges Amid COVID-19
Monthly parker occupancy rates have shifted as more offices adopt hybrid in-office and work from home models
New commuter patterns
Peak entry times and duration times have shifted
AYM automatically creates unique pricing for each hour, each day, and each duration of stay per hour based on the real-time demand. Avg revenue uplift of 163%, no effort required.
AYM Enables a 90-260% Revenue Increase for ABM
AYM dynamic pricing engine enables an increase in YoY revenue between 90-260% each month from June 2020 to date.
ABM + Smarking Outperform 75% of New York market
AYM dynamic pricing engine enables ABM to outperform 75% of the New York parking market, realizing an increase in YoY revenue between 90-260% each month from June 2020 to date.
Learn more about ABM's success with dynamic pricing and partnership with Smarking.
Smarking Powers 2,500+ Sites with Business Intelligence & Yield Management Solutions
The leading provider of business intelligence and yield management solutions in North America, powering 2,500+ locations.
Smarking partners with leading parking operators, municipalities, commercial real estate firms, airports, and more. Enabling broad and deep value creation:
Business Automation - lower expenses
Business Intelligence - better decisions
Yield Management- increased revenue
Try Dynamic Pricing Risk-Free
You may qualify for free access to Smarking’s Automated Yield Management (AYM) solution, schedule a meeting to get started.
Henry Cawthorne, Sales and Account Management