Extra Space Storage Sees 1,300% Growth in Online Rentals

Extra Space Storage is a national self-storage company that required local targeting of customers while being able to promote its services across more than one thousand facilities. With the help of Google’s digital marketing solutions, Extra Space Storage successfully increased its online rentals, improved CPA, and provided hyper-targeted advertising at the scale of an enterprise.

Report Card

Objective

Increase online rentals, maintain low CPA, and achieve hyper-localized marketing across multiple locations

Platforms

 Google Ads (Search, Display, Mobile)

Strategies Used

Cross-channel marketing, location-based targeting, ad extensions, remarketing

Results

Increased online rentals by 1,300% in five years, maintained low CPA, achieved 184% ROI and 77% CTR through ZIP code targeting.

Challenges

Reaching customers at the local level while managing marketing campaigns for over 1,000 facilities.

Strategies Used

Increased Digital Budget

Shifted most of the marketing budget to online channels.

Cross-Channel Marketing

Implemented a multi-channel approach including Search, Display, Mobile, and Social.

Location-Based Targeting

Targeted ads based on users’ zip codes and proximity to facilities.

Ad Extensions

Enhanced search ads with relevant information to improve user experience and click-through rates.

Remarketing

Retargeted website visitors with tailored ads on Google Search and Display.

Changes Made

Increased digital marketing investment and implemented a data-driven, cross-channel strategy with Google Ads.

Results

1300% Growth in online rentals over five years

Maintained consistent or lower CPA despite increased digital spending

184% ROI and 77% CTR with ZIP code targeting

35% increase in CTR and 67% increase in conversions with ad extensions

18% increase in CTR and 100% increase in conversion rate with remarketing

269% increase in ROI and 234% increase in conversions with mobile radius targeting

Extra Space Storage is a good example of how digital marketing can work for a company if it is done right. Through the use of Google Ads and the various features that are offered it was possible for Extra Space Storage to market itself in a hyper-localized manner, generate more leads online, and get a good ROI. Their case study is a good example for organizations that have many outlets and wish to reach the consumers at the regional level.

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