Parking Finder App Development: Types, Features, Cost, Technology Stack, Monetization

Looking for parking app development experts? Be keen to follow app development companies, learn more!
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Looking for parking app development experts? Be keen to follow app development companies, learn more!

Apps like ParkMobile, Parker, Park Me App, Best Parking, Parkopedia, Parking Mate, ParkWhiz, SpotHero, JustPark, Parclick are efficient options for frugal with an idea of finding free spots amongst dozens of cars in an open space. Inbuilt multi-space parking meters help deal with a maze in case of double parking, notifies driver, resulting in better management.

Parking App Types

On-demand applications to reserve parking space guarantee that a space will be available at the destination to park your vehicle. It acts as a marketplace for the owners of private spaces to list their underutilized parking slots to other drivers in need of parking – Global Circle, and Local Circle.

Features

It is useful for drivers, parking owners, and car parking app managers:

For Drivers

  • To Check Booking
  • To Check Parking History
  • Two-Factor Authorization
  • Push-Notifications
  • Rating/Reviews
  • Location
  • Searching Process
  • Time Range
  • Multiple Payment Methods
  • Customer Support

For Parking Owners

  • Sign-In
  • User Management
  • Parking Lot Management
  • Price Management
  • Booking Checking/Management
  • Revenue Management
  • Reviews/Ratings

For Car Parking App Managers

  • Booking Module
  • Content Management
  • User Management Module
  • Parking Owners Control
  • Push-Notifications
  • Payment Module

Business Model for Parking Finder Apps

Businesses can earn via commissions based on the parking space, and transactions, in-app advertising as customers pay online in advance, premium membership as customers pay extra to avail best services, and 100% paid app purchase. Although, paid apps are not a very popular way to monetize parking finder apps since free apps distribution is reduced to only 5%.  

Prerequisites to Create On-Demand Parking Reservation Apps

Have a count of all involved risks – a detailed assessment for a rough idea of how much money you would need, which factors to count, how ideal and reliable is your app development idea, how much you can earn, and what risk you may face. 

Confront Rivals – Have a deep cut-through market, analyze existing platforms, research through competitors, check on your client behaviour to formulate a complete picture. Do a SWOT analysis to know the strengths, weaknesses, opportunities, and threats. Avoid the mistakes of your competitors, and come up with a unique selling proposition (USP) that distinguishes your parking sharing app brand.

Legal Entity – You can either form a limited liability company as a sole trader or find a partnership. Prefer LLC to limit your liabilities, and protect your assets. Base your responsibilities upon the way you operate your business.

Co-operate with Local Services – Get in touch with the local businesses like fuel stations, electric vehicle charging stations, and rest stops.

UI/UX Design – Decide what you want your parking app to look like. Create a customer journey roadmap to visualize how various personas will interact with your service.

Choose a Software Vendor with Relevant Expertise – Try creating your modules for the parking finder application so that it becomes easier to scale the app in future, enhance your service, add extra functions in case of a need. It is preferred to cooperate with a trusted parking app development team that is exerted in delivering custom applications, to ensure an easy-flowing experience.

Launching Process – Publish your application in app stores once you are done with designing, development, and testing.

Conclusion

As we traverse through the entire parking app development process and keep adding enhanced functions, it is known that such applications work on appointed ad-hoc rules based on short-term booking, and long-term booking. This reveals whether parking lots charge an hourly rate, set rates per evening, day, or month.

Best Parking Location Finder Apps enable users to compare rates, select a cheaper one, and use in-app GPS technology, cash payments, gift cards and many more payment options for the ease of users. It helps when you are running late to an important meeting and don’t have time to park your car. And if it offers affordable parking rate, no parking tickets, easy navigation, sharing credits with friends and family, lower parking offers, valet service, on-demand valet attendants. It saves drivers’ time and effort time circling for a free parking lot deviating from a straight road direction and thus causing air pollution. Plus, who wouldn’t want to save a bit of their time, energy in searching for a specific venue, parking lot. For a month or the entire season in advance.