Revenue Enhancement Programs

When we think of Revenue Enhancement we usually think about the addition of profit centers to our existing core business. The areas that are natural fits include-

• Truck rental programs- Either by becoming an authorized agent for one of the national operators, or by taking a more aggressive approach of buying/leasing trucks for your exclusive use.

• Retail Sales- Create a retail area in our offices to sell products people moving and using storage can benefit from.

• Insurance- Becoming an 'agent' for one of the national providers of self storage insurance and being paid a recurring portion of the premium as a commission.

• Etc, etc--- you get this idea. Most of us are either doing these programs, or are considering them.

We can put these programs into place and produce results that are higher than the industry norm. We can do this because we teach our skilled, professional managers how to SELL.

Self Storage Management goes way beyond skillful implementation and execution of additional profit centers. We manage your rates and specials on a daily basis. We use our proprietary methods and software to maximize the revenue on each and every rental.

Using our lead tracking program and revenue enhancement methods we produce the highest level of closing ratios in the industry. We are also able to produce 'in place' rate enhancements by as much as 8% year over year. We are committed to having the most rentals at the highest possible rate.

Many of the site management software programs in use have rate fences that adjust rates based upon where you are in occupancy. Some use all your unit types and others are unit type specific. We take this and apply the methods hotels and airlines use to determine rates. In a nut shell...what unit type is closing and what the rate is. It is a fine balancing act, and a property that has their rates managed by Self Storage Management is getting the absolute best closing ratios and rate management available to the industry.