Frictionless Parking: Lessons from Parking Industry Leader Marc Baumann

All Things Parking with Dani and John

Marc Baumann joins us to discuss his career in the parking industry and the sale of SP Plus to Metropolis for over one billion dollars. Marc shares his insights on the future of the industry, emphasizing the importance of technology and frictionless parking.

Marc Baumann is the former CEO of SP Plus. For two decades, Marc has been a driving force in the industry, constantly looking for new and innovative ways to improve the parking experience.

In this episode, Marc and your hosts Dani Crain and John D. Conway get into:

* Embracing change and innovation in the parking industry.

* The future of the parking industry and the rise of digital operators.

* The importance of creating a frictionless parking experience for customers.

* The role of private equity in the parking industry.

* The importance of parking companies investing in technology, even during difficult times.

* The need for parking operators to evolve and adapt to the changing landscape.

* The importance of vision in the parking industry.

Chapters in this episode:

(03:30) Marc's Journey into the Parking Industry

(12:00) Embracing Change in the Parking Industry

(23:00) The Impact of Technology on Parking

(35:00) The ~$1 Billion Sale of SP Plus to Metropolis

(49:00) The Future of the Parking Industry

(1:01:00) The Entrepreneurial Spirit in the Parking Industry

Thanks to our sponsors for supporting this show:

* LAZ Parking, making a difference, one car at a time: https://www.lazparking.com/

* Parking Revenue Recovery Services (PRRS), bringing you a new standard in parking compliance: https://www.parkingprrs.com/

* Asura Technologies, an automated license plate recognition (ALPR) and video analytics company: https://asuratechnologies.com/

* Parking Whisperer: https://parkingwhisperer.com/

Thanks to Marc Baumann for being on the show. Connect with Marc on LinkedIn: https://www.linkedin.com/in/marcbaumann55/

* http://www.parkingtalk.com

* Dani Crain: https://www.linkedin.com/in/dani-crain-3754a3178/

* John D. Conway: https://www.linkedin.com/in/john-d-conway-b55a7025/

* [e-mail]

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This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.