Wrexham Monthly Figures

Wrexham = Perfect Acquisition 😍

 

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Goood Day Store Fam..A..Lam

Well that’s the end of my 2 night trip to Edinburgh ….

It was awesome …

Anddd you’ll be pleased to know I found the pub right next to Primark 😅

Claire had an hour in there and I had a hour in the pub chatting to the locals 🤓

 

On to the newsletter ….

Great day again for the reservations and no move outs 😊

PS … No news again today, I just didn’t have the time to look for any … sorry. Have a top weekend

Here’s today’s newsletter

  • 5 Reservations

  • 2 Move Ins

  • 0 Move Outs

Lets … Do … This ….

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

🤐 A Self Storage Tip - “Wrexham Monthly Figures“

🤝 3 Self Storage News Stories

🧐 Yesterday’s Figures For Each Facility

🥸 1 Meme of the Day

Self Storage Tip 💡 💰

Contact made from the 66 quotes – 35 = % 50.03%

 

Highlights

  • Two new 5-star Google reviews received this month
     

  • Enquiries increased to 66 from 46 last November (+43.5% YoY), down 9 from last month, which is expected seasonally
     

  • Occupancy at 89% with total SQFT  occupied as 11115 v Nov last year 9830 sqft occupied and 81.2 % occupied, so up 1285 sqft 
     

  • Churn reduced to 11.93% from 16.70% last year and 12.31% last month

 

Opportunities

  • Reservation conversion at 28.79%  with a total 18 reservations 
     

  • Four cancelled reservations at a rate of 21%, which remains high and needs improvement
     

  • 980 sq ft moved in vs 1,315 sq ft moved out, resulting in a net negative of 235 sq ft
     

  • Move-in conversion at 16.67%- needs improved
     

  • Insurance average at £4446.67 month end  below £6000 target
     

  • 11 move-ins, flat year-on-year with 11 last year and down by 2 vs October
     

  • True period revenue down £349.35 to £21030 with only 30 days in November!  We are up £3074 from last year at £17959, so 17 % uplift YOY 

 

Actions

  • Sort PPC too expensive at  £128 per move in  ….. £1.29 per sq ft way too high. Needs to be well under 1 
     

  • Call listening to be completed on cancelled reservations and best practice shared with team, where improvements identified
     

  • Focus on retention offers over winter to maintain occupancy and reduce churn — actions to be agreed with team
     

  • Ask customers to fill in FEEFO reviews to maintain platinum badge.
     

  • Call listening to make sure insurance is pitched as per script
     

  • Christmas Promotion on units with low occupancy (15 and 25 sqft units ) SANTA CODE 10 % discount code sent to customers) to generate more contact and conversions

 

Score

7/10 Solid Month … Revenue is the best based on the amount of days in a month! 

Occupancy high! Can’t complain!

Industry News 🧐 

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

Yesterday’s Results -

Willerby (Hull) … My Big Site
  • 2 Reservations

  • 1 Move Ins

  • 0 Move Outs

Month to Date -

  • MINUS 365 Sq Ft

Reservations so far this week = 8

Move Ins so far this week = 3

Clough Rd Figures ... The Automated Site
  • 2 Reservations

  • 0 Move Ins

  • 0 Move outs

Month to Date -

  • PLUS 355 Sq Ft

Reservations so far this week = 7

Move Ins so far this week = 2

Beverley … My Baby (First Site)
  • 0 Reservation

  • 1 Move Ins

  • 0 Move Outs

Month to Date -

  • MINUS 410 Sq Ft

Reservations so far this week = 4

Move Ins so far this week = 2

Wrexham's Figures (Indoor) ... My First Acquisition
  • 0 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • MINUS 370 Sq Ft

Reservations so far this week = 2

Move Ins so far this week = 0

Mansfield Figures
  • 1 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • MINUS 560 Sq Ft

Reservations so far this week = 3

Move Ins so far this week = 3

Glasgow
  • 0 Reservation

  • 0 Move Ins

  • 0 Move Outs

Month to Date -

  • MINUS 320 Sq Ft

Reservations so far this week = 1

Move Ins so far this week = 0

TOTALS -

Reservations so far this week = 25

Move Ins so far this week = 10

Meme / GIF of the day -  👀😂

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

Weekly goals -

  • Gym - 0 times

  • Run - 25miles

Results so far -

  • Gym - 0

  • Run - 0 miles

Yesterday’s Steps - 24,927

Loads of self storage love,

Dean ❤️ 🙃

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