The ParkingAuction app was created out of the very real frustration of trying to find a vacant spot in two of North America’s busiest cities: New York City and San Francisco. The app allows people in a parking spot to post a notification just before leaving and allows parking spot seekers to bid in real-time.
The ParkingAuction app is resting its hopes of success on the fact that drivers are going to be willing to pay for the info on where they can park. It will certainly be interesting to see the how the ParkingAuction app catches on.
Implications - Consumers are looking towards emerging technology as a means of connecting with the world in new and unique ways. Parking can nuisance and the ParkingAuction app capitalizes on that market. Companies should consider how they can stimulate real world interaction by using new technological solutions.
The ParkingAuction App Lets You Get the Best Spot
1. Real-time Parking Apps - The trend of real-time parking apps showcases the demand for immediate information and convenience, providing opportunities for companies to create similar apps with unique features.
2. Mobile Bidding Platforms - The rise of mobile bidding platforms highlights the shift towards mobile transactions and the potential for companies to create similar apps for other industries.
3. Peer-to-peer Parking - The growth of peer-to-peer parking systems presents an opportunity for companies to develop similar collaborative consumption platforms for other goods and services.
1. Transportation - The transportation industry can benefit from creating similar apps to facilitate the sharing economy and provide users with increased convenience in finding parking spots.
2. Technology - The rise of parking notification apps highlights the potential for technology to solve everyday problems and the opportunity for companies to innovate in various industries with similar solutions.
3. Hospitality - The hospitality industry can leverage real-time parking apps to provide guests with improved parking services, creating a better guest experience and loyalty program.