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TriplePundit Sponsored Series
The Rise Of The Sharing Economy
Spotlight on the Sharing Economy: Q&A with Park at my House
What's your name?
Alex Stephany - I'm the Chief Operating Officer at ParkatmyHouse.com
What does your company do?
We help people rent out their private parking spaces to drivers. By using our service, would-be parkers avoid over-priced, scarce parking on streets or in parking lots.
When were you founded and how big are you?
We were founded in 2006. We now have over 200,000 users, making us the biggest company in P2P parking globally.
How do you define the sharing economy?
The sharing economy is win-win neighborly transactions…at scale!
How does your company contribute to the rise of the sharing economy?
We are one of the biggest collaborative consumption businesses in the UK and we tackle a day-to-day problem by educating people about the obvious solution - sharing resources.
How do you build community?
Through PR and word of mouth. And above all, by providing a service that benefits drivers and property owners and cities as a whole. Unsurprisingly, our homeowners earning tens of thousands of dollars annually from our service like to talk about us!
How does your company reduce consumption and stimulate economic growth??
According to IBM, over 30 percent of traffic and car pollution in a large city is caused by drivers circling, looking for parking. So when drivers book their parking in advance through us, they save gas and time and money.
Can you share a recent milestone your company has achieved?
Last year, we took investment from BMW. It’s a great vote of confidence in our business model and service.
What’s your biggest challenge?
Growing awareness of our concept and helping potential users get over that initial resistance to changing their behavior.
What is your favorite thing to share?
Parking spaces via our API! Get in touch if you’d like to hear more.
Jen Boynton is the former Editor-in-Chief of TriplePundit. She has an MBA in Sustainable Management from the Presidio Graduate School and has helped organizations including SAP, PwC and Fair Trade USA with their sustainability communications messaging. She is based in San Diego, California. When she's not at work, she volunteers as a CASA (court appointed special advocate) for children in the foster care system. She enjoys losing fights with toddlers and eating toast scraps. She lives with her family in sunny San Diego.
