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Revenue & Discounts: The Balancing Act

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Manage episode 470035164 series 3556896
Content provided by Rick Beal & Magen Smith, Rick Beal, and Magen Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rick Beal & Magen Smith, Rick Beal, and Magen Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, we explore how even small price changes can send ripples through customer behavior and what that means for your bottom line. We break down our latest research—from customers' sensitivity to price increases and the magic behind promotional offers like “First Month Free” and “75% Off First Two Months.” Along the way, Magen and Rick share insights on competitor strategies, future trends, and actionable steps to help storage owners fine-tune their pricing and add value without sacrificing customer loyalty. Whether you’re a seasoned operator or just curious about the dynamics of pricing in self‑storage, this episode has something for you. Tune in and get ready to turn data into dollars!

Reach out to us at
[email protected]

  continue reading

6 episodes

Artwork
iconShare
 
Manage episode 470035164 series 3556896
Content provided by Rick Beal & Magen Smith, Rick Beal, and Magen Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rick Beal & Magen Smith, Rick Beal, and Magen Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, we explore how even small price changes can send ripples through customer behavior and what that means for your bottom line. We break down our latest research—from customers' sensitivity to price increases and the magic behind promotional offers like “First Month Free” and “75% Off First Two Months.” Along the way, Magen and Rick share insights on competitor strategies, future trends, and actionable steps to help storage owners fine-tune their pricing and add value without sacrificing customer loyalty. Whether you’re a seasoned operator or just curious about the dynamics of pricing in self‑storage, this episode has something for you. Tune in and get ready to turn data into dollars!

Reach out to us at
[email protected]

  continue reading

6 episodes

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