Posts by Alden Chang

We are pleased to announce that Dr. Warren Lieberman, President of Veritec Solutions, will moderate an expert revenue management panel at the Self-Storage Association of Michigan’s (SSAM) Regional Knowledge Summit. The panel will cover best practices for pricing strategies, sales forecasting, and customer retention. The Summit will be on Wednesday, May 22, 2024 at the…

Do you have preconceived notions of how something should be? We all do, and sometimes we are not even aware of them. Behavioral economists, academics, and psychologists have performed intriguing work to uncover the unique, frequently unconscious biases that lead to suboptimal, or even poor, decisions. By extension, confirmation bias may also affect rent pricing…

We are incredibly excited to announce that Veritec Solutions will soon be granted a U.S. patent to our Dynamic Differentiated Value Pricing system. This is otherwise known as self-storage “Good, Better, Best Pricing”. In particular, the patent will apply to the Value Pricing module of our flagship product, VRMS. What is Good, Better, Best Pricing?…