Effective revenue management is essential to storage growth, especially when your site is full. Delve into effective pricing strategies such as supply-demand elasticity and reinforcement-learning models.

Speaker: Jed Isom, Founder, Price Monster LLC
Format: Streaming video
Duration: Approximately 50 minutes

PLEASE NOTE! This is a pre-order of a video that is being recorded at the Inside Self-Storage World Expo in Las Vegas, April 2-5. The final product will be uploaded into your ISS Store account by May 30, 2024. You will receive an email once your product is available. For questions about an order, contact Customer Support.

Beyond Dynamic Pricing: Technology-Driven Revenue Management for Self-Storage
Fortunately, there are cutting-edge technologies that can transform manual processes to automate and optimize rates. In this session, you’ll delve into pricing strategies, including rule-of-thumb methods, supply-demand elasticity and reinforcement-learning models. Explore the new frontier of algorithms!

You'll learn:

• The importance of revenue management
• Cutting-edge technologies that can transform manual processes
• Rules of thumb for automated pricing
• Optimization via supply-demand elasticity models
• How pricing algorithms work via reinforcement-learning models

This product is also included as part of the following discount packages:

Total Self-Storage Solutions 2024 Education Video Package
Self-Storage Operator Essentials 2024 Education Video Package
Self-Storage Innovation 2024 Education Video Package