A technology add-on that drives revenue and retention
Give prospective renters unlimited secure cloud storage to stand out from the competition and attract up to 15 percent more renters. When searching for self storage, renters want a reason to pick your facility over similar facilities. When you offer something the competition doesn’t, you’ve dramatically improved your appeal.
Charge up to $5 more monthly when you include unlimited cloud storage with your rentals. This is because you’re adding over $15 of extra value to your rental (this is the price of unlimited storage from Dropbox). People quickly use up the free phone and computer storage they get from the big tech companies, which creates an opportunity for you to step in and provide extra value.
Once renters have uploaded their digital files and photos into the cloud storage you provide, it will become even harder for them to leave, even if you give them higher rental increases than normal. Studies show that self storage clients using your cloud storage are three times more likely to weather a rent increase.
VaultDrop gives self storage operators another way to make money by offering secure, unlimited cloud storage. This ancillary revenue stream offers digital storage to tenants who are already storing physical belongings at a self storage facility.
Interested in VaultDrop?
- Assess the add-on features you currently offer
- Evaluate the tech savviness of your customer base
- Consider the potential difference that an additional $5 a month per tenant could make