There’s a reason some operators consistently outperform their local market on revenue, even when occupancy levels are similar to the competition. It’s not that they have better units. No, they’re just pricing them better, with data, with discipline, and with tools that were previously only accessible to the largest operators in the industry.
For years, institutional operators with dedicated pricing teams and seven-figure technology budgets had access to revenue management systems that independent and regional operators couldn’t justify building themselves. That gap has always been a competitive disadvantage for these operators.
This native integration with Veritec Solutions closes it.
Veritec Solutions doesn’t just help operators adjust a rate. It brings a fundamentally different philosophy to how pricing works in self-storage.
Most operators manage pricing reactively, adjusting a single advertised rate per unit type when occupancy drops or when a competitor makes a move. Instead, Veritec Revenue Management System (VRMS) approaches pricing as a continuous, data-driven discipline. Every decision is guided by operational data, competitive market data, and proven methodology working together to determine starting rates for new move-ins, rent increase timing for existing tenants, promotional pricing for slow-moving inventory, and most distinctively, Veritec’s patented Good, Better, Best Pricing.
Good, Better, Best Pricing changes the entire conversation. Rather than offering one price per unit type, operators create a differentiated pricing environment within like units, giving customers meaningful choices and capturing more revenue from each unit group in the process. A customer renting a 10x10 unit might choose between a standard option, a climate controlled option, or a unit with 24-hour access or smart lock access, each priced to reflect its features and position within available inventory. VRMS dynamically reassigns units among Good, Better, and Best tiers as conditions change, creating continuous optimization without manual intervention.
Think about how customers purchase airline seats or concert tickets. Customers are given tiered options for similar products, and self-select based on their preferences and budget. This strategy allows operators to capture more revenue across the full inventory rather than anchoring everything to a single advertised price.
The native connection between QuikStor and VRMS means your operational data flows automatically into the revenue management system daily. Your QuikStor data powers the recommendations and pricings flow back into QuikStor for implementation; no manual exports or data entry required.
QuikStor operators gain:
Still not sure there’s any value to Veritec’s methodology? Operators using VRMS are generally achieving annual revenue increases of 9% to 14% or more. Its Good, Better, Best module alone has the potential to increase move-in revenues up to 10%.
The Veritec Solutions integration is available now. Reach out to our team to learn more about adding VRMS to your QuikStor environment.
QuikStor Management System is built and fully owned by veteran operators for unmatched speed, scalability, and configurability. Don’t believe us? Take a look for yourself and see how QMS can grow your business’ NOI.