Patent Coming: Good, Better, Best, 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?…
Read MoreThe Importance of the Pricing Analyst
At many smaller and even medium-sized self-storage companies, the Store Manager (sometimes referred to as the Property Manager) often has de facto responsibility for setting the prices at which units are rented. This Store Manager is a multi-talented individual whose responsibilities include sales, customer service, and property management, all rolled into one. Pricing is another obligation…
Read MoreSelf Storage Pricing: Go Big or Go Small?
Self-storage facilities, at first glance, all appear to be the same. The have similar storage units, both within a facility, and between competing facilities. You would think, then, pricing for those units would be similar as well. Interestingly, we have found that there can be differences, and in fact, big differences when it comes to…
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