Raleigh, NC (Vocus) August 23, 2010
SiteLink, the most widely used software in self-storage and portable storage, announces key enhancements to its revenue management module. Now, Web Edition’s revenue management offers even more tools to fine-tune rent changes and increase revenue.
The newest addition to Web Edition’s revenue management includes tenant zip codes in rent change calculations. Using the IRS’ published average income by zip code, operators set rent raises for tenants based on their zip code. Graphs analyze trends in rent changes and resulting occupancy. Web Edition reports show the financial growth from revenue management and underscore its growing popularity. Web Edition users see the financial impact and proof of the concept because Web Edition controls and reports are easy to understand.
“The zip code analysis adds value for owners to Web Edition’s existing settings for revenue management” says Markus Hecker, SiteLink's COO. “Self-storage operators immediately recognized the power of zip code pricing. Our new reports and graphs capture the tremendous revenue growth from small but steady rent changes. We have added a Google Maps interface to give a powerful visual display of tenant demographics by zip code. Web Edition users are comfortable with revenue management because they understand the user-friendly tools we offer. ”
About SMD Software:
With over 4,000 installations, privately-owned SiteLink Web Edition has proven to run faster and more reliably than other web application. More than 60 of the top 100 operators use Web Edition today. Superior architecture and design lower the cost of ownership make Web Edition a favorite of operators of any size.