Monthly Archives: November, 2015

How to Save Money on Parking, All with Your Phone

November 27th, 2015 Posted by Car, Parking, sharing economy No Comment yet

If someone asked you what your biggest expenses are, you’d probably list housing, insurance, and food for starters. However, the money you spend on parking probably wouldn’t come to mind immediately. In truth, we spend lots and lots of money on parking. Many of us spend hundreds of dollars a year on parking, and some spend even more than that. This is especially true for people who live in big cities. What if there was a way to spend considerably less money on parking? What if you could save several hundred dollars a year on parking, just by using a different method? What would you spend all of that extra money on? Here are a couple of ways you can save money on parking by using spots that have already been paid for.Save-Money-300x300 How to Save Money on Parking, All with Your Phone

Rent a spot when you’re out-of-town

If you drive when you travel, then you’re familiar with one of the biggest hassles of traveling with a car: You always have to figure out where to put it. Unfortunately, because larger cities are so crowded, the fees for parking are often very high. This is only made more frustrating by the fact that on your way to that $20 parking spot, you pass dozens of spots that are empty, but you can’t use them because they’re already reserved by someone for an extended period of time. As it turns out, the people who have already paid for that spot are frustrated as well because they paid the full price for their spot, but only use it part of the time. What if there was a way for you to borrow their spot, just while they weren’t using it? Of course, it’d only be fair to throw them a few dollars in exchange for the spot. Well, that’s exactly what the ParqEx app does. With the app, instead of heading to that $20 parking spot down the road, you can stop, book a spot, and pull right in for $10. Everybody wins.

Share a spot where you live

You can still save lots of money on parking even if you’re not traveling. If you have a car, you have to put it somewhere. You can rent a spot for long-term for hundreds of dollars, but that’s definitely not ideal. You can remedy the problem by listing your spot on ParqEx, but maybe you find that you’re away more than you’re home, and it just doesn’t make sense to pay for a long-term spot. You can still use the ParqEx app the same way. Whenever you’re on your way home, book a spot close to where you live. Or better yet, book it even further ahead of time. There’s nothing stopping you from booking the same spot every time as long as it’s available, and a few dollars a few times a week will definitely be less expensive than hundreds of dollars for a season or year.

Shop around

Another great aspect of ParqEx is that you don’t just get assigned a spot. The app lets you shop around and pick out whichever spot works the best for you. Maybe you have three loads of groceries or you’re late and need a spot close to where you’re going. Maybe you don’t mind walking, but you really want to save a few extra dollars. In any case, ParqEx will help you find your perfect spot, and book it for huge savings.

Want to try out ParqEx, or just interested in learning more? Don’t hesitate to contact us. We’d love to answer all of your questions and get you on your way to saving money on parking.

ParqEx: The Benefits of Renting Out Your Parking Space

The Benefits of Renting Out Your Parking Space

November 19th, 2015 Posted by Car, Community, Garage, Parking, ParqEx No Comment yet

If you live in a big city or are in college, there’s a pretty good chance that you’re paying more to park your car than you’re paying for food. If this seems excessive to you, then read on. What happens to that spot when you’re not parked in it? Probably nothing. It seems like a waste to pay so much for it and then leave it open. But now there’s a solution. Here are a few reasons you should rent out your parking spot when you’re not using it.Benefits-of-Renting-Out-300x300 The Benefits of Renting Out Your Parking Space

The money

So this one is pretty obvious. If you rent out your spot, then someone will pay you every time they use it. But it’s still worth mentioning because it’s arguably the most important part. People are willing to pay a lot for parking, especially in big cities, so if you have parking to offer, why shouldn’t some of that money go to you? At the very least, you’ll make a little extra spending cash that you didn’t have before, and if you’re lucky, you may even end up being able to pay off most or all of your parking spot with the money you make renting it out. Either way, it’s hard to turn down free cash.

It’s easy

So you may be picturing yourself standing next to your parking space holding a sign that says “for rent”. Luckily, there’s a system that accomplishes the same thing, but is much easier. Through ParqEx, you can list your spot using an online system. After that, you just leave it until somebody wants to rent your spot. It’s all customizable, and you control pretty much everything. Listing your spot only takes a few minutes, but that few minutes of work can end up earning you hundreds, if not thousands of dollars a year.

It’s safe

The system is completely safe. Your parking spot will still be yours, and will be there whenever you need it. And you can always deny access to a driver, if you choose to.

Connect directly with other drivers

When you use the ParqEx system, you don’t have to deal with a company, or work through some kind of wall designed to separate users. You connect directly with the driver who is interested in your parking space. This illuminates a lot of confusion that can come from separation, because you can simply talk to them, and also eliminates a lot of extra cost. Since the company is only there to help connect drivers to you and your parking spot, and to help out when necessary, it costs very little to operate, and those savings can be passed on to you.

Participate in the advancement of technology

Sharing of things is a trend that has recently been growing at a surprising rate. We now share cars, computers, homes, and a number of other things. More and more we find that sharing things as well as their resource cost can be a very efficient way to live. By sharing your parking space, you become a part of a major movement in technology and in life. People are accepting the concept of sharing things that were once personal into their lives, and by participating in the ParqEx program, you’re becoming a piece of that world too.

Sharing your parking spot has numerous benefits, including being easy, safe, efficient, and exciting, and the best part is that you can earn money in exchange for doing almost nothing. Are you interested in renting out your parking spot, but still have questions or aren’t sure where to start? Contact us. We’ll be happy to help you with anything that you need.

ParqEx Finalist in Chicago Hyatt / Fast Company Pitch Competition

ParqEx Advances In Hyatt / Fast Company Pitch Competition

November 13th, 2015 Posted by Parking, ParqEx, sharing economy, startup No Comment yet

Help us win $10k to solve urban parking by voting for ParqEx! See all the finalists and vote at www.fastcompany.com/elevatorpitch on Monday, November 16.

Last week, our COO Matt Schaefer delivered the elevator pitch of a lifetime.

In partnership with WeWork (our favorite coworking space!) Hyatt and Fast Company recently hosted a Pitch It To Win It contest. Forty startups were invited to enter: 20 pitched their business idea in Chicago and 20 in DC.

The 60-second pitches were being filmed and timed with a stopwatch so Matt—despite being pretty new to ParqEx himself—had to get it just right. (Think Shark Tank with the twist that each entrant had to give their elevator speech in an actual elevator.)

“I thought I got a little tongue tied but felt good about it overall,” he says. The Fast Company staff judges—looking for the most compelling pitches based on both delivery and business idea—felt good about it too because we are thrilled to announce that ParqEx is moving on to the next round!

Four finalists from Chicago (including us!) and four from DC will now be placed opposite each other in a bracket. At this stage, it’ll be up to the public to watch the pitches and vote for their favorite idea. The company with the most votes in each arm of the bracket by 11:59pm (ET) Monday will move on to round two on Tuesday, and so forth through November 18. Voting restarts each day so if we make it to round two of the bracket, be sure to vote again! The grand prize winner will be announced on Thursday, November 19.

The pitch videos will be placed on the Fast Company website on Monday, November 16 and we need YOU (yes, you!) to help us advance further so we can use the prize money to build you (yes, you!) the best private parking marketplace possible. Stay tuned to our Twitter and Facebook pages for the link to vote once it goes live, and wish us luck!

 

In case you can’t wait for the video, here’s Matt’s pitch:

Hi, I’m Matt Schaefer, COO of ParqEx. And I’d like to talk for a moment about parking in our cities. Every day thousands, perhaps even millions of people drive around town frustratingly looking for convenient and affordable parking. This is especially true in the neighborhoods outside of downtown areas, where there aren’t many commercial options available. At the same time, there are plenty of home owners, condo owners, businesses, and real estate companies that have parking they don’t use all the time. Unfortunately, it has been difficult for them to make it available to the public. That is, until ParqEx. ParqEx is a technology platform—accessible via smartphone or the web—that makes it easy and safe for owners to put their spots on the market, and provides drivers with immediate access to this exclusive inventory. Now they can find that hidden gem of a spot near their friend’s house, all while the owner earns some extra income. ParqEx is the private parking marketplace that is solving the urban parking dilemma. Thank you.

ParqEx Advances In Hyatt/Fast Company Startup Pitch Competition

November 13th, 2015 Posted by Community, Parking, startup No Comment yet

Help us win $10k to solve urban parking by voting for ParqEx! See all the finalists and vote at www.fastcompany.com/elevatorpitch.

Last week, our COO Matt Schaefer delivered the elevator pitch of a lifetime.2015-06-20_1031 ParqEx Advances In Hyatt/Fast Company Startup Pitch Competition

In partnership with WeWork (our favorite coworking space!) Hyatt and Fast Company recently hosted a Pitch It To Win It contest. Forty startups were invited to enter: 20 pitched their business idea in Chicago and 20 in DC.

The 60-second pitches were being filmed and timed with a stopwatch so Matt—despite being pretty new to ParqEx himself—had to get it just right. (Think Shark Tank with the twist that each entrant gives their elevator speech in an actual elevator.)

“I thought I got a little tongue tied but felt good about it overall,” he says. The Fast Company staff judges—looking for the most compelling pitches based on both delivery and business idea—felt good about it too because ParqEx was selected to move on to the public voting phase of the competition.

Four finalists from Chicago (including us!) and four from DC will now be placed opposite each other in a bracket. At this stage, it’ll be up to the public to watch the pitches and vote for their favorite idea. The company with the most votes in each arm of the bracket by 11:59pm (ET) Monday will move on to round two on Tuesday, and so forth through November 18. Voting restarts each day so if we make it to round two of the bracket, be sure to vote again! The grand prize winner will be announced on Thursday, November 19.

The pitch videos will be placed on the Fast Company website on Monday, November 16 and we need YOU (yes, you!) to help us advance further so we can use the prize money to build you (yes, you!) the best private parking marketplace possible. Stay tuned to our Twitter and Facebook pages for the link to vote once it goes live, and wish us luck!

 

In case you can’t wait for the video, here’s Matt’s pitch:

Hi, I’m Matt Schaefer, COO of ParqEx. And I’d like to talk for a moment about parking in our cities. Every day thousands, perhaps even millions of people drive around town frustratingly looking for convenient and affordable parking. This is especially true in the neighborhoods outside of downtown areas, where there aren’t many commercial options available. At the same time, there are plenty of home owners, condo owners, businesses, and real estate companies that have parking they don’t use all the time. Unfortunately, it has been difficult for them to make it available to the public. That is, until ParqEx. ParqEx is a technology platform—accessible via smartphone or the web—that makes it easy and safe for owners to put their spots on the market, and provides drivers with immediate access to this exclusive inventory. Now they can find that hidden gem of a spot near their friend’s house, all while the owner earns some extra income. ParqEx is the private parking marketplace that is solving the urban parking dilemma. Thank you.

What’s New In the ParqEx App (as of 11/8/2015)

November 8th, 2015 Posted by mobile app, Parking, ParqEx No Comment yet

We don’t want to be just the only peer-to-peer parking app in Chicago, we want to be your go-to parking app—for every occasion, in every neighborhood. That’s why we’re working hard to make ParqEx easier to use and easier to make money with. Today’s app update includes the helpful additions of phone number verification and notifications. These features will help spot owners stay on top of requests and help spot renters stay informed.

Once your phone number is verified, you can choose to receive push and/or text-based notifications from the app’s Notifications panel. SMS notification options include messages from owners/renters, reservation updates, account changes, and tips from ParqEx. We recommend keeping the Messages and Reservations options on, at the very least, so you won’t miss any requests or rental updates!

unnamed-169x300 What's New In the ParqEx App (as of 11/8/2015)unnamed-2-169x300 What's New In the ParqEx App (as of 11/8/2015)unnamed-1-169x300 What's New In the ParqEx App (as of 11/8/2015)

 

 

 

 

 

 

 

 

 

 

ParqEx: Connected Cars are the Way of the Future

Are Connected Cars The Way of The Future?

November 5th, 2015 Posted by Car, Community, mobile app, ParqEx No Comment yet

No one could have predicted how the Internet would develop from a small system meant for sharing academic research, into the technological titan it is today. The web has revolutionized everything, from the way we do business, to the way we communicate. Smartphones and mobile devices have changed the way we operate, and they’ve made previously impossible things (like widespread satellite navigation, on-the-fly monetary transactions, and even buying parking spaces via a smartphone app) the order of the day.

While it’s impossible to predict with real certainty what the Internet will evolve to include next, connected cars are likely on the list.

What Are Connected Cars?connected-cars-300x300 Are Connected Cars The Way of The Future?

Connected cars are, in short, cars that have Internet access, and usually their own mobile Internet hotspot installed in them. This means that the car is constantly online, and that access can be shared with other devices in the car. So, if you have a connected car, you can watch Netflix on a tablet, or check your social media on your phone even if your phone isn’t connected to a data plan. You can also interact with your car from a mobile device, so if you want to unlock the doors, or kick on the automatic starter, you can do that from your smartphone or other mobile device.

Connected cars aren’t a theoretical upgrade, or something you can only find in the research and development lab, either. They’re on the streets right now, and if you pay attention to any luxury car commercials, an Internet connection is the latest feature trying to catch the consumer’s eye. And, while it might seem like an unnecessary expense, there’s more to connected cars than being the latest gadget. They may, in fact, be the future of our transportation.

The Advantages of Connected Cars

Connected cars are more than just a convenience. They are, in a very real sense, the next stage of what cars can be. A connected car can, for example, notify a driver of unsafe conditions on the road ahead. Connected cars can call for an ambulance or police when there’s been a wreck, and if a car is stolen then it can be traced using its Internet connection.

In short, making cars smarter is more likely to lead to safer, smoother, better connected traffic in the world of tomorrow where connected cars are much more commonplace than they are now.

The Challenges of Connected Cars

While connected cars hold a lot of promise, that doesn’t mean there aren’t still challenges to be overcome, and problems to plan for. For example, there’s the looming specter of platform war, and the question of whether or not cars on different platforms will be able to interact with one another. Or, alternatively, if cars will be more like video game consoles, and only able to use certain content from certain providers.

These questions will affect not just motorists, but also the companies creating programs and apps for their use. For example, take the Parqex app. This app allows drivers to find parking spaces, and to pay for them via their smartphones. For drivers with a connected car, it would make sense to have an app like this handy so they could pull right into a parking space, and pay for it with no fuss. However, if there’s competition to make different connected cars unique, then it will mean either that only certain vehicles will be able to access the app, or different versions of it will need to be made.

That’s a snapshot of the sort of changes and challenges that could affect the market. Will it be open and free, allowing drivers to use whatever programs they want, or will there be a butting of heads between the car manufacturers and companies designing the apps drivers need? For more information on the connected cars revolution, simply contact us today!

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