Best Practices for Monthly Parking Subscribers

An average person who has subscribed to monthly parking leaves at least $2000 every year on the table. 
I calculated my own record, and it turns out I’ve been doing this for the past three years. 
That’s easily $6000 lost in value. That money could have been invested in something important, such as my house loan. But it turns out I’ve just burned it. 

My mistake? I was paying full-fledged rates with the notion that I could negotiate them. I was missing out on the loyalty benefits of my parking facility. I was also parking in suboptimal spots. Furthermore, I had no idea I could also leverage my status as a subscriber to avail better perks and benefits. 
There is something that monthly parking subscribers often fail to realize. And it is that if you’ve subscribed to monthly parking, then you’re at an advantage. But you should also know that monthly payers also get some other additional benefits and a bunch of advantages. This means that a whole set of opportunities can be enjoyed by you as a monthly subscriber, apart from just paying the fee on a monthly basis.

It does not matter who you are. You could be a frequent commuter who travels downtown or to the airport as well. You could be a business traveler who goes to the airport every two weeks or someone who needs regular parking on a daily basis. You should know that your daily parking subscription package is more than just money for a spot. It’s a deal that can be optimized even more for better value. 

As someone who’s been in the parking business (The Parking Station) for the past few years, I’ve developed my own playbook. It’s a set of rules and tips that could help parking facility owners realize the hidden costs and advantages that can help them get the best out of their parking packages. 
In this monthly parking tips guide, you will:

• Discover the art of negotiating better rates after subscribing to a package.
• Know the secret benefits often overlooked by paid subscribers.
• Go through some strategies that can maximize your convenience level without any hassle. 
• Learn the ways to utilize your status as a paid user to receive perks. 
• Know the common mistakes that paid users often make. 

Let’s turn your paid parking experience even better than what you already have. 

Monthly Parking Subscriber Mindset

There is one thing that separates normal paid users from those who are smart. And it is this:
While the majority of those who have subscribed to a parking plan simply view themselves as the customers, 
The ones who are smart, the top 1%. They see themselves as not just customers but actual partners. 

The normal mindset

• Simply pay the monthly charges and avail the service as it is. 
• Tackle the issues as they arise, like usual.
• Renew services without thinking about reviewing them.
• Not going through any opportunities for service improvement and saving. 

Here’s what the partner’s mindset is.

• Negotiating charges and fees every month.
• Proactive when it comes to giving feedback and expressing needs.
• Monthly evaluation of this relationship and seeking opportunities.
• Using status as a paid user for gaining further benefits.

The difference in the partner's mindset enables him to save 15% to 30% extra money every year while enjoying the same level of facility.

The Success of the Best Monthly Paid Subscription

#1 Analyzing Your Position as a Monthly Paid Subscriber

• This can be done by comparing three or four rates of the parking facilities. 
• It is important to document any challenges or issues you face, along with any inconvenience.
• Once you do that, you need to calculate the yearly value of the parking company.
• While doing this, you should also research their peak and slow business days. 

#2 Time to Build Your Case 

• You should mention how long your subscription is for. This is crucial for showing loyalty.
• You should also state that you’ve been paying timely charges every month.
• If there are any referrals brought by you, mention them specifically.
• Any issues or challenges that you’ve faced during your experience should be highlighted. 

#3 After This, It’s Time to Negotiate

• It is better to ask for negotiation before renewing the earliest possible date. 
• An advantage would be to ask during the slow business months.
• When a new competitor opens up, it makes it an ideal situation to ask for it.
• When you have faced any issue regarding service. 

#4 Now’s the Time to Present Your Request

It could be such as:
I have been a monthly paid subscriber for X number of months. I have paid on time and have also brought X number of referrals. I therefore want to request to make the fee I am being charged less than the current amount or allow me certain benefits.
When you do this, you immediately increase your chances of success 50% to 70%.

Subscribers' Mistakes That Cost Money

Mistake #1: Renewing Your Package without Review

Rates can increase, and the quality of benefits can decrease. Make sure to renew it.

Mistake #2: Failing to Document Service Issues

Paid parking subscribers often fail to document if any issue regarding the service arises. This way they lose their leverage and incur loss.

Mistake #3: Not Researching Other Parking Facilities

Often new parking providers give better deals and benefits. People should do a market competitive analysis to avail better deals. 

Mistake #4: Poor Communication with the Management

Poor communication results in unresolved problems and complaints. This way opportunities are missed and everyone goes with the flow. The key is to establish communication with the management where issues and challenges and feedback are expressed and discussed clearly. 

These are some of the tips and tricks that, if applied, could lead to better money saving and better quality service. Remember that it’s not about the money only, it’s about getting exactly what you paid for, not because you will complain but because you deserve the best for whatever you invest in.