BIG BOYS Revenue Management

Goood Morning Store Fam..A..Lam

Aghhhh another poor display by England

BUT ….

We are in the right side of the draw now and it WILL get better!

Come on ENGLAND

Right thats enough footie …. On to the real magic … Self Storage

Self Storage Secrets Course Waiting List

Yesterdays Stats …

• 3 Reservations

• 2 Move Ins

• 2 Move Outs

Lets … Do … This …

Here's what's coming your way today 😎🎯

🤐 A Self Storage Tip - “Revenue Management!”

🤝 3 Self Storage News Stories

🧐 Yesterday’s figures for each facility

🥸 1 Meme of the day

Self Storage Tip 💡 💰

Revenue Management!

Ever wondered how the BIG BOYS increase their prices??

Here’s the BIG BOYS revenue Management broken down ...

Their simple revenue management system 👇 👇 

- Jane becomes a customer on 1st July 2022

- Jane gets a 10% increase on 1st October 

- Jane then gets a further 6% increase on 1st July 2023

- Jane's been in self storage for 12 months and had 2 price increases 🤯 

On the 1st of July 2022, Jane is paying £100

On the 1st of July 2023, Jane is paying £116.60

That’s a 16.6 Increase in 12 months 

The formula is simple ⤵ 

- 10% increase after 3 months 

- 6% every 9 months until the day you move out 

Please note this is just an example …. Many “BIG BOYS” are more aggressive than this 

Remember …. The price a customer moves in isn’t the “real” price they want to charge 

Self storage is a brilliant business module ... Is this approach too aggressive?? 

What’s your opinion? How do you increase your prices ... Hit that reply button

If I’m really honest ... I’m actually more aggressive than this!!

If you want to see my revenue management system … It’s all in my Self Storage Secrets Course 

It’s available again from Monday 1st July …. Want early access??

Join the waiting list … Link below 👇

Industry News 🧐

• Shurgard: man in court over self-storage burglary plot in Wokingham

• The New Shape of Self-Storage: Understanding the Influences Behind Today’s Facility Designs

• Winning the Self-Storage Pricing Game: Tips for Setting Street Rates and Raising Rent on Existing Tenants

The Fun Bit - My Business .... Bare Butt Naked! 😲 🤫 🤭

Yesterdays Results -

Willerby (Hull) … My Big Site

• 0 Reservations

• 2 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 1655 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 2

Clough Rd Figures ... The Automated Site

• 2 Reservations

• 0 Move Ins

• 1 Move outs

Month to Date -

• MINUS 250 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 1

Beverley … My Baby (First Site)

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• MINUS 565 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 0

Wrexham's Figures (Indoor) ... My First Acquisition

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 410 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Mansfield Figures

• 1 Reservation

• 0 Move Ins

• 1 Move Outs

Month to Date -

• MINUS 2310 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 3

Glasgow … (Not Open Yet)

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• 0 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 0

Meme / GIF of the day - 👀 😂

Health and Fitness ... Move More = Live Longer - 🏋️‍♀️ 🏃

Weekly goals -

• Gym - 3 times

• Run - 25 miles

• Boxing - 0

Results so far -

• Gym - 1

• Run - 5 Miles

• Boxing - 0

Yesterday’s Steps - 18,263

Loads of self storage love,

Dean ❤️ 🙃