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