Posts by Alden Chang

As states-of-emergency were declared in each of the 50 states in the US, a variety of pricing-related regulations took effect. Each state has its own specific rules on how much businesses can change their prices. In some cases, regulations are quite specific while others, they require a certain amount of interpretation. We note a number of…

Many businesses are facing particularly challenging times. Exogenous shocks such as COVID-19 have direct, powerful impacts on the revenue management efforts of companies across many industries. Banks are foregoing service and penalty fees. Airlines are waiving rescheduling fees. Car dealers are discounting heavily. Self-storage operators are no different. Whether they have more, or just different…

At Veritec Solutions, we routinely collect web-based pricing data from over 1,500 self-storage companies in the United States. The number of stores in these companies range from one to over 2,000. So, what are some of the insights that these data provide? Let’s look at ten of the larger operators. We’ll focus on their pricing…