Posts by Alden Chang

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? Do we see contrasting pricing strategies by these companies? If so, how are…

A while back, we talked about convenience and the Internet. Co-founder of Twitter Evan Williams all but said that the Internet is not about doing new things. Rather, it’s about people doing what they already are doing, but with (much) more convenience. This naturally leads to the question: Is Self-Storage Value Pricing ready for the…

In a previous blog, we discussed the importance of convenience and how it often drives our everyday decisions. Of course, what constitutes convenience varies significantly for different self-storage customers. Also, it can often be difficult to guess what convenience means for any particular customer. You must first understand the reasons driving their purchase. Here, we will…