Categories: Articles

Valet Parking

Maybe this is the Canadian in me, but I am awe-struck by the pervasiveness of Valet Parking here in the United States. The shopping malls have valet parking. For a mere three bucks you get to spend less time walking and more time shopping. That was not a joke – at one of the shopping malls I went to, the sign read, “Valet Parking – spend more time shopping and less time looking for parking.”
OK, maybe, on a Saturday afternoon, if you have four kids, it’s worth it. But please, someone, explain to me how on a Sunday afternoon – with not a lot of cars anywhere to be seen – why people are using valet parking at a shopping mall? There are spots everywhere!
I’m also trying to figure out the marketing behind this. On paper it makes sense: Valet parking makes people feel special, you can just drive up, pass off the keys and walk in. It is convenient. But, to actually see it in action – at a shopping mall (which is pretty much four walls surrounded by tons of parking spaces) – is just plain weird. It makes me wonder about the marketing choices that people and businesses make.
How much does it cost to implement and maintain a valet parking service versus other marketing programs? How did valet parking make it to the top of the list and then to execution? Was this a customer demand or a business-created need?
I can’t, for the life of me, imagine ever using a valet parking service at a shopping mall. The main reason I go to shopping malls is because it’s always fairly easy to park.
On the other hand, they would not keep doing it if there wasn’t a need. I guess there’s a business for everything – especially one that blends laziness with a false sense of royalty. Whatever it takes to make sure people will come to your Macy’s or Bloomingdales… I guess.

Mitch Joel

Mitch Joel lives at the intersection of technology, business transformation and consumer culture. He is the Executive Director of Next Era Institute, a strategic intelligence platform helping leaders understand the forces reshaping business, technology, culture and society. The Institute identifies which shifts matter, explores their wider significance and translates them into strategic direction and momentum. Mitch is also a globally recognized keynote speaker. He has delivered thousands of presentations across both B2B and B2C industries to organizations including Google, Walmart, LEGO, Shopify, Microsoft, Procter & Gamble and Unilever. Strategy Magazine has called him “one of North America’s leading visionaries.” Mitch built his career by working directly inside the waves of change that reshaped modern business. He founded and built a digital marketing agency that worked with some of the world’s largest brands and was later acquired by WPP, where he served as President of a firm operating in 25 countries with almost 3,000 employees. Mitch is the bestselling author of Six Pixels of Separation and CTRL ALT Delete, and the host of Thinking With Mitch Joel, one of the longest-running business podcasts in the world. His writing and commentary appear in outlets including Harvard Business Review, Fast Company and Inc. Magazine. He is a member of Dr. Marshall Goldsmith’s 100 Coaches and was named to the Thinkers50 Radar. Mitch also hosts Groove – The No Treble Podcast, documenting the oral history of electric bass players. Mitch is also Co-Founder of ThinkersOne, a platform that enables companies to bring personalized thought leadership from world-class experts into meetings, events and off-sites in focused 15-minute bursts.

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