Are you a storage facility owner looking to increase your revenue and reach full capacity? Well, you're in luck because we have some tips that may help.
Please note that as we are not familiar with your area, and have never been to your facility, so the following information is based on our experience and research, and should not be taken as professional advice. Though we can provide professional pricing consultation services through Jason from Bluebird, but a consultation fee may apply.
Instead of initially setting a high price, a viable strategy is to prioritize acquiring more reviews, which can ultimately lead to improved rankings. Once your storage facility is at capacity, you may consider increasing rental fees for your existing customers. While it is possible that some of your current tenants may choose to vacate due to the rate increase, you will likely be able to command a higher price point due to the heightened demand from new tenants.
In conclusion, it's best to hold off on raising rental rates until your storage facility reaches maximum capacity. This will enable you to maximize your earnings by capitalizing on supply and demand, and allow you to charge a premium price point to new tenants.
Another way to increase is to offer storage supplies and additional insurance options to your customers. These added services can not only improve the overall customer experience but also provide you with new sources of income.
While we are developing a feature that will allow you to sell storage merchandise (boxes, locks, etc) directly from your website.
In summary, taking a strategic approach to pricing and offering additional services can help you maximize your earnings and provide an exceptional customer experience.