Value Based Pricing Settings

introduction the value based pricing (vbp) section in the storagely dashboard allows facility operators to configure tiered pricing models and highlight features that differentiate unit pricing this feature helps businesses provide good, better, and best pricing structures based on unit location, accessibility, and amenities important notice for value based pricing to work correctly , it must first be enabled in your facility management software (fms) configured at the unit level in the fms correctly users should refer to the user documentation and/or job aids provided by their fms provider to ensure the correct setup before enabling value based pricing in storagely navigating to value based pricing settings to access the value based pricing settings log in to your storagely dashboard in the left sidebar menu , click on settings select value based pricing understanding the value based pricing interface pricing tier card features & settings operators can edit or update the tier label and define which features belong to each pricing tier example of tier labels good (base tier) – budget friendly options with essential features better (tier 1) – mid range units with additional conveniences best (tier 2) – premium units with the highest accessibility and benefits enter the tier display name , subtitle , and badge text to display on the checkout page for each tier each tier includes a checkbox selection for individual features that apply to the tier click on the " + add new " button to edit/add the individual features feature list & custom features next, click on the " + add new feature " button on the bottom left side of the table this allows you to add features to the list features can be edited or removed from the feature list once the features have been created, check the boxes of the features you want to assign to each tier and click " save changes " how to configure value based pricing step 1 verify fms configuration ensure value based pricing is enabled in the fms confirm that unit level pricing tiers are correctly assigned in the fms refer to your fms provider’s documentation for proper setup before proceeding in storagely step 2 assign features to pricing tiers under pricing tier card features , review the feature list check the boxes to assign features to good, better, and best tiers click save & apply to confirm selections step 3 add a new custom feature (if needed) click “+ add new feature” enter the feature name and feature description click save changes to add it to the list step 4 select highlighted top features for each tier in the highlighted top feature section, select a feature for good (base tier) better (tier 1) best (tier 2) click save & apply best practices for value based pricing ✅ ensure value based pricing is properly configured in the fms before enabling it in storagely ✅ use a balance of features across tiers to highlight the value of upgrades ✅ select a strong subtitle for each tier to differentiate pricing levels ✅ ensure feature descriptions are clear and concise to avoid confusion ✅ regularly update pricing tiers to match seasonal trends and promotions 6\ faqs & troubleshooting q1 why isn’t value based pricing working? a verify that vbp is enabled in your facility management software (fms) and that units have the correct pricing tiers assigned q2 how do i add a new feature to the value based pricing tiers? a click “+ add new feature” , enter the feature name and description, and click save changes q3 can i remove a feature after assigning it to a tier? a yes, features can be removed from tiers or deleted entirely from the feature list q4 what happens if i don’t select a highlighted top feature? a the system will default to the first feature listed in each tier q5 how do i reset the value based pricing settings? a changes can be undone by adjusting settings manually or contacting storagely support for further assistance, the storagely support team can be reached in one of the following ways as always, if you have any questions during this process, our customer success team is here to help the best way to reach us is by submitting a support ticket submit a ticket https //d1s7s share hsforms com/297gkkisitsmdgskuyt9s2g