SEATTLE--(BUSINESS WIRE)--Nearly two out of three Americans surveyed now believe that lugging items to and from a self-storage unit should be a heck of lot easier and would prefer to use new on-demand storage alternatives to make the process more convenient. That’s the key finding from a new consumer survey announced today.
The new survey also revealed a growing need for off-site storage among consumers. In fact, more than half of respondents indicated a need for ‘more storage’. The survey also highlighted even stronger demand for more storage among millennials with 82 percent saying that on-demand storage would be useful to them.
“The self-storage industry is booming -- with record revenues and a true ‘space race’ to build more facilities to meet the seemingly insatiable consumer demand,” said Terry Drayton, CEO of Livible. “What our latest survey reveals is the rapidly growing preference and need for more convenient on-demand storage alternatives. Millennials and downsizing boomers -- who are increasingly living urban lifestyles -- are driving this.”
Livible, a leading provider of on-demand storage, announced key findings of their second national survey that asked consumers about their need for, preferences using and past experiences with off-site storage.
Key Findings from the Report
Following are some of the key findings of the new report:
• Consumers Need More Storage: 55 percent of respondents said they need more storage; 17 Percent said they need a lot more.
• Consumers Are Ready to Try On-Demand Storage: 63 percent of all respondents said they would rather use on-demand storage over self-storage if both options were available to them; the numbers were even higher for women, urban dwellers, boomers and millennials.
• Preference for On-Demand Storage is Growing Quickly: consumers’ preference for on-demand storage grew from 42 percent to 63 percent over the past eight months.
• Top Reasons for Consumer Preference: Convenience and Affordability were cited as the top reasons they preferred on-demand storage. 62 percent of respondents cited the convenience of saving the time and effort of going to the self-storage unit and 46 percent indicated it was the convenience of not needing a car. 50 percent indicated it was only paying for what they actually stored. Even 25 percent of those preferring self-storage agreed that on-demand storage was more convenient and affordable.
Survey Methodology
A total of 522 respondents from the SurveyMonkey panel completed the survey from January 15-18, 2016; respondents ranged in ages 18-65, represented an equal gender split and were located in markets with active on-demand storage suppliers including Seattle, San Francisco Bay Area, Los Angeles, Chicago, Washington, DC and NY city. 44 percent of those surveyed live in apartments and 56 percent in detached single-family homes. 58 percent own their residence and 42 percent rent. 40 percent had used self-storage before with half of those renting for a year or more. Three-tenths of one percent had previously used on-demand storage.
About Livible, Inc.
Based in Seattle, Livible, Inc. was founded in 2013 by serial entrepreneur Terry Drayton. Livible currently provides on-demand storage in Seattle, Wash. and Portland, Ore. and plans a national expansion to meet the need for convenient, affordable offsite storage for consumers, especially urban residents. Livible employees come right to the customer’s door to pickup items they need to store, transports them in company owned vans to secure, climate-controlled Extra Space Storage facilities then returns them when requested, usually the next day. For consumers needing help organizing and finding the items they store at home, they also provide the mobile app Livible Labels. More information on the company can be viewed at www.livible.space