The Future of Self Storage: Auctions, Automation and More With iBidOnStorage #10

Episode #10: iBidOnStorage

Summary

In this episode, we’re thrilled to welcome Grant Daniel from iBidOnStorage, the platform that offers a simple and straightforward mechanism to sell abandoned storage contents, while mitigating the industry risk at the point of sale.

Together, we dive into the world of storage auctions, exploring how automation is transforming the industry, the powerful role of software, and what the future holds for self storage.

Takeaways

- How auctions are evolving in the digital era

- The benefits of automation for storage operators

- Game-changing tech trends shaping self-storage

- Predictions for the future of the industry

Chapters

00:00 Welcome

00:45 iBidOnStorage introduction

05:22 What is self storage auction?

08:21 Auction stories from Grant

09:25 How do self storage operators get into auctions for those who have abandoned storage unit

09:49 Background and future of iBidOnStorage

13:34 Buying a facility in Belfast

15:55 Grant discusses his first fully remote site

16:47 How to market your site

18:35 Handling move ins at a fully automated site

20:51 Changes and trends over the last 9 years

22:53 Future changes in the industry

24:02 Automation, software and remotely managed sites

26:07 Breaking down language barriers

26:48 How to get started in self storage

29:37 Bookings and pricing debate

33:51 Follow-up process + tips

39:16 Pricing against the competition

42:04 Trends for the future