How to Generate Revenue Using White Label Solutions
No matter the situation at any business, revenue is always a top priority. There are constant reoccurring costs and undoubtedly the dreaded unexpected costs that always sneak up on you. Of course, bringing in enough revenue to cover day-to-day expenses and the high lurking costs you were not planning for is essential. With all this in mind, adding various revenue streams to your business is a great decision.
Commercial & industrial corporations, property owners, and property management companies: are you seeking to add income to your business? Read on to discover how to generate revenue using white label solutions!
What is White Label?
In layman’s terms, white labeling allows different companies to put their brand on another company’s product for a specific price. Let’s take ParqEx’s White Label Solutions, for example! We have designed and developed our state-of-the-art Smart Parking Solutions platform and allow any company seeking a robust parking management system to rebrand it with their branding. All for a simple SaaS fee, ParqEx becomes their in-house developers, while these companies gain an amenity-rich tech stack.
Offer All ParqEx Solutions Under Your Brand
To get into the nitty-gritty of all the avenues your company can add revenue through ParqEx’s white label solutions, we have to do a quick overview of our product suite. ParqEx’s product suite consists of six different modules and apps.
First, Marketplace, our revenue-generating engine, allows customers and management to find and list parking spots on the app. This straightforward module monetizes all existing parking assets while simultaneously boosting revenue.
Second, GuestParq is our guest parking platform. Using GuestParq, companies can eliminate all hassles around tenant visitor parking. The app lets tenants and staff reserve guest parking immediately and hassle-free.
Third is Access +, our proprietary IoT access control technology that ensures secure access to any locked entry or exit. From the app, authorized individuals can gain access to the property without the need for staff.
Fourth, the Enforcer App is our enforcement module that grants you real-time access to all vehicles entering and exiting the property, making enforcement that much easier. Any violation or ticketing needing handling can be done directly through the app.
Fifth, our automated and touchless license plate reading technology (LPR) allows verified vehicles to enter the property through infrared cameras that register their license plate as soon as they pull up.
Sixth, we offer touchless Access + solutions for all access points within any building. Access + Touchless completely retrofit any door and allows all visitors, tenants, residents, and staff to open doors touch-free via the app.
Generate Revenue With ParqEx’s Solutions
To start, let’s look at Marketplace. Most properties have a surplus in parking at various times of the day. Unsurprisingly, a significant revenue stream can be added to any property by listing these spaces on Marketplace. Through ParqEx’s parking reservation system, transient renters seeking parking can find these spaces and pay money for them on an hourly, daily, or monthly basis.
With GuestParq, there is a straightforward way of earning money: charge for visitor parking. With the GuestParq platform, whether you charge the tenant for their guest parking or the visitor, it is all handled within the app.
Access + and LPR are critical pieces of the money-earning potential of any property. Most properties have either gates or garage doors for their parking. Expectedly, this only allows approved individuals to access the property. With Access + and LPR, transient renters seeking parking in the area can now gain access to parking establishments, adding income to the property. (Property owners and management have complete control over who gains access to the property and can revoke access rights whenever necessary.)
Lastly, the Enforcer App provides quick ways to add money to your property. By employing the enforcer app, management can verify all vehicles on the property. Whenever there is a violation, tickets are immediately sent to the vehicle’s owner via the app. Strict enforcement of your property is not only essential for security, but it provides another easy revenue stream.
Generate Revenue With White Label
Another revenue-adding benefit of white labeling ParqEx’s solutions is that your company can now legally repackage and sell this parking solution platform. As explained, ParqEx’s tech suite is already designed and built to generate revenue daily for your business. However, the ability to sell these market-proven technologies takes your company’s revenue-generating opportunities to the next level.
Further Explore ParqEx’s White Label
White labeling ParqEx’s solutions is a no-brainer for many companies. Not only are there revenue opportunities (and cost-saving opportunities), but these products offer hassle-free solutions for everyone using the technology.
Now that we have shown you how to generate revenue using white label solutions, we are ready to hear from you! So reach out to ParqEx, and let’s get this conversation started. We look forward to helping you.