We need a collaborative approach to boosting the local economy. Offering free parking to consumers has been championed by many local businesses as a way to stimulate local spending.
We know it’s effective but not sustainable for you.
What if there was a way of offering FREE Parking WITHOUT the Local Authority losing revenues?
Well, there is…Introducing ParkingPerx in Detail
ParkingPerx delivers the offer of free parking but links it directly to spending in the town centre. It’s a disruptive post-COVID recovery tool that uplifts footfall, spending and location loyalty.
Consumers are rewarded for supporting their local high street by earning Perx when they make qualifying purchases at participating merchants. Our solution collects these rewards from merchants and pays this across to car park operators when consumers redeem their Perx to pay for their parking.
Car park operators benefit from increased occupancy rates (and therefore revenues) due to the compelling offer of FREE parking. Merchants benefit from increased in store spending, greater footfall and repeat custom. Local authorities have the option to provide a stakeholder subsidy which leverages measurable direct spending in the local economy.
But that’s not all…
ParkingPerx also provides...
Understand how your location is used and by who, when and how - allowing you to shape future high streets.
A Joint Effort
Local authorities, merchants, BIDs, consumers and car park operators work together to generate a win-win solution to boost our high streets.
A Green Solution
You can subsidise consumer rewards to support greener parking initiatives;
- Incentivise use of out of town car parks
- Incentivise electric vehicle usage
- Incentivise private car owners to make a modal shift
Entrepreneur and former Dragon, Jenny Campbell said:
“I knew this was a game-changer as soon as I heard about it in the Den.”
The ParkingPerx Board has a wealth of experience in a range of sectors from retail to technology, including former Dragon, Jenny Campbell who also invested in the business on BBC Dragons’ Den.Meet our Board