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11 December 2024

Case Study: Marketing Initiatives for Successful Lease-Ups

SAM has demonstrated excellence in driving lease-up success through innovative and targeted marketing initiatives tailored to each facility’s unique needs. In this case study, we’ll explore the overarching tactics that make SAM’s lease-up marketing approach successful and three impactful examples of SAM’s results in 2024.

Lease-Up Marketing Strategy

  • Robust SEO strategy
  • Extensive paid media campaigns
  • Remarketing efforts to re-engage potential customers who previously showed interest
  • Excellent website functionality
  • Exclusive online discounts and aggressive promotions
  • Social media management
  • Customer review management
  • Local event marketing – ribbon cuttings, partnering with local charities
  • Referral programs – partnering with local apartment complexes, involvement with Chambers of Commerce
  • Aggressive brand awareness marketing
  • Clear and visible signage

SAM’s Results

  • A lease-up in January 2024 in Fort Worth, TX surpassed its revenue goal by 65% in seven months. It achieved 20% occupancy (6% over goal) in eight months.
  • Also in January 2024, a lease-up in Southborough, MA surpassed its revenue goal by 44% in seven months. It achieved 40% occupancy (17% over goal) in eight months.
  • In June 2024, a property opened in Wilson, NC and surpassed its revenue goal by 393% in two months. It reached 20% occupancy (10% over goal) in three months.

The top rental sources for these lease-ups were the Internet followed by drive-by. 

Are you interested in how our third-party management solutions can enhance your business? Send us an email at info@storageasset.com to connect!

Download the Case Study