10 Major Benefits of Smart Parking Solutions for Businesses

Smart parking structures are changing the commercial parking world forever. If you haven’t encountered a smart parking system yet, we’ll let you in on the scoop. These systems aid consumers and employees by transporting and parking vehicles rather than the driver doing it. These systems usually employ lifts that resemble commercial elevators, but they transport vehicles instead of people. Many commercial properties and businesses are transforming traditional parking structures with this technology, and this is a trend for a good reason. Keep reading to learn about ten major benefits of smart parking solutions and why so many businesses are turning to these systems.

Increases Your Business’s Available Parking Spaces

Smart parking technology, such as car lift solutions, can increase the number of parking spaces outside your business. Stack parking and lifts take advantage of vertical space that many traditional parking models don’t utilize. You can double or even triple the amount of parking space in your lot or structure with smart parking systems, which leaves more available space. This extra space is especially beneficial in crowded cities.

Additional space for parking can save both your customers and your business from many headaches. First, your lots will fill up less often, which means the lack of parking won’t turn away customers. This leads to more sales for your business and less frustration for your customers. They won’t need to drive in circles looking for a spot to park, giving them more time to browse your business wares.

More Efficient Parking System

Automatic parking systems utilize modern technology to facilitate parking for everyone. Automated and semi-automated parking models don’t waste space for driving lanes and customer access. Drivers simply pull up to a parking lift, leave their vehicles, and let the equipment do the parking for them! This leads to less vehicle traffic and time spent parking their vehicles. Not only does this make parking more convenient, but your customers also get to spend more time in your business. Reduced traffic in your business’s parking garage also leads to fewer accidents, which typically cause traffic backups and damage to your building.

Cost-Effective Parking Solution for Businesses

While smart parking upgrades require investment and installation, they can quickly make up their costs with cost-effective parking alternatives. Car lift solutions and other parking technologies have increased longevity over traditional parking models and require less maintenance, reducing costs for upkeep and repairs. Compare this to standard asphalt parking lots and concrete structures, which withstand lots of wear and tear and require regular maintenance.

Promote Sustainable Parking

More and more consumers are concerned with sustainability and choose to shop with businesses that practice environmentally friendly habits. Your business can adopt more sustainable practices by utilizing smart parking solutions. Smart parking helps reduce CO2 emissions by reducing vehicle traffic in parking garages.

Because of the lack of customer foot traffic, businesses don’t need to spend extra energy lighting every corner of these updated parking structures. Additionally, smart parking structures reduce the amount of harmful oils and chemicals that vehicles produce, which rain runoff can whisk away and deposit into the environment.

Increased Safety

Smart parking solutions help increase safety, creating a more secure environment for your customers and employees. Car stacking systems limit the access that would-be criminals and thieves have to the vehicles in a parking garage. This lack of access leads to fewer cases of theft, injuries from assault, and other crimes. Additionally, the decreased traffic in your parking structure means fewer accidents and injuries attributed to collisions.

Real-Time Parking Management

You can equip smart parking systems with all kinds of modern technological advancements that make monitoring parking easier. Some smart parking systems have sensors and surveillance cameras that can automatically detect when your parking structure is full. This allows you to notify customers that the garage is full before they attempt to enter the space, causing fewer headaches and less frustration for all parties. You can also use this technology to monitor parking trends, the number of consumer visits per day, and repeat customers.

Potential for Parking Monetization

When using a smart parking system, you can reach new avenues for parking monetization for your business. If you weren’t charging for parking previously or need a system to make parking payment easier, implementing smart parking can help manage monetization. This system also presents possibilities for managing parking rewards programs for returning customers and practicing new business models.

Easier Enforcement of Parking Rules

Smart parking technology makes it easier for businesses to monitor compliance with parking rules and regulations. For example, automatic parking garages prevent overparking because they can detect when the structure is full and won’t accept any more vehicles. This prevents customers from parking in your lot unsafely or illegally. If you utilize paid parking, the management systems make it easy to identify who has paid and who hasn’t.

Promotes a Modern and Smart Business

Adopting smart technology in your parking garage can encourage your business to embrace new technological advancements throughout your organization. Parking upgrades are just one way to a more efficient and updated business model. Updating your business with the latest technology can help you become more efficient in various areas other businesses struggle with, which helps you attract new customers.

Wide Variety of Smart Parking Options

Finally, another benefit of smart parking systems is that there is a system on the market to fit almost any business. Whether you’re looking for fully automatic or semi-automatic parking systems, you can find a model that meets your needs. In fact, you can find a variety of car lift solutions here at Harding Steel. We offer semi and fully-automatic parking systems and upgrades for any commercial parking structure.

Now that you know these ten major benefits of smart parking solutions for businesses, you might feel inspired to upgrade your own business’s parking lot. If so, contact our experts at Harding Steel today. We can match you with the perfect car stacking solution for your business to optimize vehicle traffic and storage. Contact us today to learn more about the various types of parking solutions and which would be the best fit for your commercial property.

10 Major Benefits of Smart Parking Solutions for Businesses