Posts by Alden Chang
Key Performance Indicators (Version 2)
Key Performance Indicators (KPI’s) are one of the more commonly used metrics to measure the success of businesses. KPI’s help track critical components of your business and measure progress against predefined goals. But KPI’s don’t simply need to look in the rear-view mirror measuring past performance; KPIs can also be predictive. According to KPI.org: “Key…
Read MoreDay of Week Pricing During the Pandemic
As self storage operators continually adjust and change their rent prices, the question often becomes not only by how much, but by how often? We looked at any given week, which day or days did operators make those changes. In a previous blog about rental price change frequency, we highlighted two operators with very different…
Read MoreRevolutionizing Self Storage Revenue Management
Check out this video presentation by Dr. Warren Lieberman as he discusses dynamic value pricing (“dynamic differentiated pricing”) in the Self Storage industry. This talk is part of the INFORMS Practice Section series on advancing the practice of analytics, operations research, and management science. INFORMS is the leading international association for professionals in operations research,…
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