Competitor Price Tracking In Self-Storage [Resource] [Whitepaper]

Demo NARegistered User
edited April 2017 in Stortrack

Excerpt: Five of your sixty 5 x 10 climate-controlled units are vacant. Yesterday, the self-storage facility down the street decreased its monthly rate on its 5 x 10 climate controlled units by $7 so that your units are now $5 per month more expensive. Do you adjust your monthly rate or leave it where it is?

Although the concept of competitive intelligence and consideration of competitors’ pricing practices when setting rates is not new, the ability of small and mid-size selfstorage companies to use such information is about to improve dramatically. This change should result in more systematic approaches to pricing and significantly greater profits for many...

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