Parking Industry

Five Cost-Effective Ways to Increase Parking Lot ROI2 min read

Mar 13, 2023 2 min
Parking Lot ROI

Five Cost-Effective Ways to Increase Parking Lot ROI2 min read

Reading Time: 2 minutes

Get My Parking offers operators some of the most cost-effective ways to digitize and increase parking lot ROI. The scalable IoT-based platform can upgrade traditional parking lots and turn them into automated mobility hubs with streamlined and touchless parking.

If you’re a parking operator thinking about taking your parking business to the next level, here’s how GMP can help you digitize and automate your parking lot – while staying within your budget!

5 Cost-Effective Ways to Increase Parking Lot ROI:

GMP’s IoT GateKit integrates seamlessly with existing parking hardware so that you don’t have to invest in brand-new equipment. With GMP Access, you can upgrade and automate legacy gates using off-the-shelf, Plug N Play components to provide free-flow, touchless access to parkers via LPR, RFID, QR, etc.

Create a white-labeled, cross-platform parking app at a fraction of the cost and time it takes to build it from scratch, customized to the T with their brand logo, colors, and theme. Parkers can use the app to navigate to the car park and manage their sessions online. With GMP App, customers can access and pay for all the consumer offerings from the operator via a single, easy-to-use platform.

Increase the accessibility of consumer offerings and offer lightning-fast, touchless payments using secure QR code technology. With GMP QR, setting up app-less parking in your locations is as easy as putting up a high-res QR code where parkers can see it. Scanning the QR code takes them to a custom web app where they can create and pay for sessions and other services.

With a complete picture of all parking data easily accessible on a centralized admin dashboard, the operator’s team can remotely track and control their operations. The parking lot can reduce the number of people required to operate it with automatic access and ticketing. Get custom reports on all the transactions and sessions across your portfolio with powerful reporting tools.

Operators can increase parking lot ROI by entering into mutually beneficial partnerships with corporates and retailers with customized permits, discounts, and other parking privileges. Partners can manage and pay in bulk for the parking services used by their employees and visitors through a self-serve partner portal.

GMP solutions also offer on-demand API integrations through which parking lot owners can redirect consumers to websites and third-party apps through which they provide other hospitality services. With a pay-as-you-use, subscription-based model, operators can save resources that they can direct towards improving their business in other avenues.

Take a look at our complete suite of smart parking services designed to help operators go digital while taking it easy on their budgets.

 Schedule a demo today or contact us at to learn more about how our platform can maximize a parking business’s productivity and profitability.