PARK’IN is a new Mobile App who help Parking Owners to maximise their revenue with their previously unused car parks space.
The concept of the application is simple, we contact private owners such as hotels, restaurants, residences and other infrastructure, in order to make available the unused parking spaces of these owners to our members.
Current Status
Application OK
Tests OK ,
Company created
Parking : 500 in Dubai
Users : 1000
Transactions : 4/5 monthly booking per week
Market
Drivers who can’t find a Public Car Parks
Tourists or Businessmen who Rent a car
Sales Representing move all the time
Peoples for events
Peoples don’t want to use valet service…
Problem or Opportunity
Problem to find Parking place in Dubai
Waist Time Stress for Drivers
Very hot during summer
Competitors
Yallah Parking
Advantages or differentiators
We work with only hotels , Yallah parking is like airbnb of parking
advantages :
- Full mobile app
- Security: geolocation in real time, Check in / check out
- check the availability of parking
- checkin/checkout process
- Strict selection of partners
- location everywhere in Dubai
- comfortable service for drivers
Finance
500 is monthly average booking ,
we charges 20% per transaction
Loan terms
36 months
Interest rate, %
4
Business model
Commission on realized bookings (from 20% to 30%)
We aim for short terms, as well as long terms (monthly subscription)
Pricing announced on booking, according to agreement between our services and the services of our partners
Supplements for time overruns
Solution (product or service)
Shared hotels parking ,
easy mobile app
park and book in less than 1 minute
Benifit for costumers and partners ( hotels , landlors , residences )