The UK self-storage market remains vibrant, defying initial concerns about saturation despite a dip in new store openings. As of 2023, the industry boasts over 2,231 facilities (including 739 container-based) across 1,000+ brands, encompassing established players like Safestore and Big Yellow to smaller, regional operators.
At our digital marketing agency with 15+ years of experience in this sector, we’ve witnessed:
However, the potential for further growth remains undeniable. The UK’s storage space per capita (0.82 sq ft) lags behind other developed economies, indicating room for expansion. Additionally, factors like rising property prices, smaller living spaces, and e-commerce growth continue to drive demand for storage solutions.
The past five years have seen a surge in online searches for self-storage, with Google holding the key to unlocking customers. Unsurprisingly, “Self-storage” and “Storage units” rule the search bar, but “Near me” queries also leave location detection to Google’s discretion. A recent SSA survey confirms this, revealing that 71% of self-storage seekers begin their journey with a Google search.
However, the past 18 months have witnessed a shift in how people initiate storage inquiries. A whopping 76% now choose to request quotes or make enquiries directly through the storage operator’s website. This translates to one crucial fact: online visibility, particularly on Google, is the most critical marketing factor for self-storage operators.
Traditional signage pales in comparison, capturing only 10% of potential customers. Even other digital channels like social media fall short, attracting a mere 3%. In today’s digital landscape, having a website that’s both easy to find and adept at handling quote requests is essential for success.
Key takeaways:
By focusing on these key points, self-storage operators can unlock the power of Google and attract customers in the post-pandemic era.
Unlocking Conversion Secrets
Ever wondered what makes a self-storage shopper tick? Stepping into their shoes can unlock valuable insights for crafting winning marketing campaigns. Let’s delve into the key behaviours and preferences that shape their decision-making process:
Remember: By understanding your buyers’ needs and wants, you can tailor your marketing efforts for maximum impact. Embrace these insights and watch your conversion rates soar!
Meet Your Self-Storage Customers: Real People, Real Needs
Forget generic demographics, here’s a glimpse into the lives of your potential self-storage customers:
Rob & Lilly (23, young couple expecting):
Sue Edwards (42, working mom of two):
Lucy & John (56, empty nesters):
Remember: Each customer is unique, with specific needs and preferences. By understanding these diverse profiles, you can tailor your marketing and service offerings to resonate with each segment, ultimately driving conversions and building lasting customer relationships.
Bonus Tip: Consider creating similar profiles for other key customer segments, such as students, businesses, or hobbyists, to further refine your marketing strategy.
From Visitor to Renter
Converting website visitors into paying customers requires a well-defined funnel. Here’s a breakdown of the typical self-storage customer journey:
Key Takeaways:
By focusing on each stage of the funnel, you can increase conversion rates, acquire more customers, and ultimately grow your self-storage business.
There’s no one-size-fits-all answer to generating self-storage customers, as the best approach depends on several key factors:
By tailoring your approach to these factors, you can attract the right customers and achieve your self-storage business goals.
For established storage operators
Established businesses, especially those expanding, need a two-pronged approach: generating leads consistently and optimising the cost per acquisition (CPA). Here’s an expansion on each point, with additional strategies:
The cost of generating a storage client through Google Ads (PPC) varies greatly depending on several factors:
Location: As mentioned, competition for keywords like “storage units” is much higher in major cities like London, leading to higher cost per click (CPC). Less competitive locations like Newcastle will see lower CPCs.
Bid Strategy: You control how much you’re willing to pay for each click through your bidding strategy. Opting for higher bids can increase your ad visibility but also drive up costs.
Campaign Optimisation: Optimising your campaigns for conversions, using relevant keywords, and creating high-converting ad copy can significantly impact your cost per lead/client.
Conversion Rate: Ultimately, the cost per client depends on how many leads convert into paying customers. A strong online booking process, clear pricing, and good customer service can improve your conversion rate and lower your overall cost per client.
Here’s an example:
Additional Points:
Cost of Generating a Storage Client through SEO:
It’s difficult to pinpoint the exact cost of generating a storage client through SEO due to the numerous variables involved. However, here’s an analysis of the long-term rewards when it comes to SEO.
Organic traffic: While initial costs may be higher, SEO delivers organic traffic which is typically cheaper than paid advertising in the long run.
Ultimately, the cost-effectiveness of SEO depends on your specific budget, goals, and resources. If you’re looking for a long-term, sustainable approach with potentially lower long-term costs per client, SEO could be a good option. However, be prepared for a higher initial investment and a longer timeframe to see results.
Partner with our self-storage specialist. We offer a full suite of digital marketing services designed to help you achieve your growth goals. Contact us today or email [email address removed] for a free consultation.
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