How Can I Improve Our Marketing

Marketing a Parking Facility Equipment and Supplies Business

Marketing a parking facility equipment and supplies business can be a daunting task for new entrepreneurs. But with consumer demand on the rise, marketing skills are becoming increasingly important for parking facility equipment and supplies business owners and managers.

The marketing model for a parking facility equipment and supplies business has historically adapted to changes in consumer buying patterns and the market itself.

Great marketing campaigns elevate the status of your parking facility equipment and supplies business and drives the customer acquisition process.

Sponsorships

Event and team sponsorships are a proven method for raising the public profile of parking facility equipment and supplies businesses. The goal is to increase sales by generating visibility and goodwill about your company and/or your market offerings. But if you aren't deliberate, you can invest big bucks in sponsorships and receive little return for your investment. A strategic sponsorship targets actual parking facility equipment and supplies business patrons. To minimize costs and multiply outcomes, consider teaming up with a complementary business to co-sponsor targeted events.

Technological Expertise

The PR and marketing community has embraced technology with open arms, transforming basic marketing concepts into sophisticated, tech-driven systems and solutions. The consequence for parking facility equipment and supplies businesses tends to be a search for news to leverage technology to scale up the organization's promotional firepower. If possible, business owners should gravitate toward technologies that deliver greater ROI than traditional marketing channels.

Measurement & Evaluation

With a little more attention to details, parking facility equipment and supplies businesses can automatically improve marketing ROI. However, there are no substitutes for measurement and evaluation mechanisms. A robust measurement and evaluation process should include metrics that can be monitored on a monthly, weekly or even daily basis. Designed to monitor marketing efforts on a campaign-by-campaign basis, these metrics can be used as a baseline for strategic planning. Simple quantitative tools are a good start. However, parking facility equipment and supplies businesses typically expand their knowledge base by hiring professional marketing firms.

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