Whitepaper: Effective Rates in Self Storage and Why Are They Important?

In self-storage, the Effective Rate is the price the
renter pays for a storage unit after factoring in a
promotion. The calculation has to be performed over
a specific tenancy length.

This paper discusses the importance of
understanding and analyzing the impact of
promotions when setting prices in comparison to
your competitors.

Note: StorTrack has announced that Effective Rate
monitoring and analysis is now available in its
Optimize platform.

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