Generate Additional Revenue with Storage

Let’s face it… moving companies have high fixed costs stemming from trucks, labor, office, materials, and more, but there are ways to leverage fixed assets further to generate revenue. But how? the answer is: storage. Very rarely do moves go from point A to point B. Individuals and families moving generally have a lapse between move-out and move-in whether it’s related to leases not being ready or closing dates which can take up to two months (everyone who has purchased property knows things never stick to the original timeline!).
Giving clients the ability to store their items can generate significant extra revenue for moving companies. According to SpareFoot, the storage industry tops at $38B per year, wouldn’t it be nice to have a sliver of that? Furthermore, the average storage customer stores for 6-12 months and pays around $100 – that’s an extra $600 on the average moving job that requires storage.
Storage sounds too good to be true…and if you can stay organized then it is. Operators need a full-suite moving CRM that has extensive functionality for putting client items in storage. Tracking items and/or customer locations within a warehouse or storage facility is vitally important to ensuring streamlined logistics and it’s not as easy as it appears. Wasting time relating to finding lost items, dealing with insurance claims, and searching for one-off items is a waste of time and ultimately lost profits. Movegistics CRM provides owners and warehouse managers with the ability to easily inventory, view, and find items in storage. Chances are your existing clients need storage and Movegistics gives you a way to make it profitably today!
What Materials Will I Need for Storage?
While there are upfront costs associated with storage with a steady stream of moving jobs, you’ll be able to quickly begin generating a healthy ROI. Some of the more important items you’ll need to get started are: moving crates, racking, forklift or picker, and a moving CRM.
Not only will a moving CRM help you capture leads, organize moving jobs, and streamline dispatching but Movegistics, in particular, will minimize the time to profitability and wasted dollars for your new storage offering. In storage (and moving for that matter) efficiency reigns supreme – the more efficient your operation the more jobs your company can do profitably.
If you’re a moving company owner looking to generate meaningful reoccurring revenue and get more dollars out of your existing pipeline then storage is a great option. If you want to do provide the best storage solution you can for your clients then do it with Movegistics.
About Movegistics
Movegistics is software built for movers. The customizable program thoughtfully considers all aspects of a move from lead capture through, estimation, job completion, invoicing, and reviews. If you’re interested in taking your entire moving operation to the next level then schedule a demo today!