My Revenue Management System

Good Morning Store Nation,

Quieter day yesterday with only 3 reservations and 3 move in

On to the figures ….

Self Storage Secrets Course Waiting List

Yesterdays Stats …

• 3 Reservations

• 3 Move Ins

• 3 Move Outs

Lets … Do … This …

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

🤐 A Self Storage Tip - “My Revenue Management System”

🤝 3 Self Storage News Stories

🧐 Yesterday’s figures for each facility

🥸 1 Meme of the day

Self Storage Tip 💡 💰

Because of yesterdays newsletter …. I’ve had loads of messages asking me what my revenue management system is

Ive mentioned it many times on the podcast and the newsletter but for those who haven’t seen it it …

Here’s my revenue management system 

Its the 3 - 9 - 9 system

Let me explain 

3 MONTHS  -

We give a 20% increase 

9 MONTHS 

We give a 20% increase 

And then every …

9 MONTHS Thereafter

We give a 20% increase 

Please remember …. 

There price the customers moves in at isn’t the real price we want to charge 

We really want to charge more ….

When a customer moves in I call it the “Introductory Price”

And that price steadily increases over time. 

5 years ago I wasnt comfortable with price increases but its industry standard 

If you implement a revenue management system it will transform your business 

Industry News 🧐

• 5 Biggest Self Storage Companies in the US

• Twenty4 Secure Storage put in planning for new site

• The Ease of Owning Self Storage

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

Willerby (Hull) … My Big Site

• 3 Reservations

• 1 Move Ins

• 1 Move Outs

Month to Date -

• PLUS 15 Sq Ft

Reservations so far this week = 5

Move Ins so far this week = 3

Clough Rd Figures ... The Automated Site

• 0 Reservations

• 1 Move Ins

• 1 Move outs

Month to Date -

• PLUS 345 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Beverley … My Baby (First Site)

• 0 Reservation

• 1 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 205 Sq Ft

Reservations so far this week = 0

Move Ins so far this week = 1

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

• 0 Reservation

• 0 Move Ins

• 0 Move Outs

Month to Date -

• PLUS 60 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 1

Mansfield Figures … My New Site

• 0 Reservation

• 0 Move Ins

• 1 Move Outs

Month to Date -

• MINUS 215 Sq Ft for the month

Reservations so far this week = 2

Move Ins so far this week = 0

Meme / GIF of the day - 👀 😂 

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

Weekly goals -

• Gym - 4 times

• Run - 20 miles

• Boxing - 0

Results so far -

• Gym - 0

• Run - 5 Miles

• Boxing - 0

Yesterday’s Steps - 18,129

Loads of self storage love,

Dean ❤️ 🙃