Price

Sol2374
Level 2
Tandil, Argentina

Price

Hi, I am Sol from Tandil, Province of Buenos Aires... I am starting in this business. Thankful for being part of this Community to learn and share. Have you Any advice about my space and how to apply smart prices? My Home is Beraja.tandil and Netanya.tandil  Great houses to stay!

3 Replies 3
Emilie
Community Manager
Community Manager
London, United Kingdom

Hi @Sol2374

 

Congratulations on starting out your hosting journey! How are you find it so far?

 

If there are any particular aspects of your listing you'd like advice on, please let us know. I'd also love to know if some of our other hosts have general suggestions for you: @Thomas3789 @Peter4379 @Jess2718 @Jon5060 @Chippy3 @Shelley159 thank you in advance 🙂

 

Have a lovely day, 

 

Emilie 

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Merci de jeter un oeil aux Principes du Community Center/ Please follow the Community Guidelines

Shelley159
Top Contributor
Stellenbosch, South Africa

Hi @Sol2374 

Your question is how to apply smart prices. I'm not sure whether you mean how to price your listing in a smart way 😀, or whether you need specific help using Airbnb's dynamic demand-based pricing feature (which is called Smart Pricing).

 

If you're just starting out, it would be good to identify some listings near your own that you feel are comparable. Try to find one or two that have plenty of good reviews, then take a look at their pricing by selecting different dates on the calendars, different lengths of stay and a different number of guests. Try to get an idea of how these successful listings' pricing is set up. When you set up your own, keep in mind that you may have to price a bit lower to attract bookings to your new listing. One of the categories that guests will review, is value for money. Also keep in mind that the prices you saw for the other listings in guest view, include service fees and taxes (so once you've set up your prices, you'll have to look at your own listing as a guest to see how the final prices compare). 

 

If you decide to use Airbnb's smart pricing, you can read more about it here: 

Use Smart Pricing to automatically adjust your prices based on demand - Airbnb Help Center

 

Be sure to open a browser window in private mode and search for your own listing. Enter search terms that you think your guests may use, dates that you know are available on your calendar, and the maximum number of guests. See where your listing ranks, and adjust prices downward or adjust other factors that affect rank (see How search results work - Airbnb Help Center) if you're not well-positioned. 

Hope it helps and let us know how you get on!

 

 

Marie8425
Top Contributor
Buckeye, AZ

@Sol2374 

Turning on th Airbnb Professional Mode is good to because Airbnb gives Insights on your listing and one of the options looks at your booked pricing compared to similar listings booked price.  Booked price shows you maybe comprables are a discount longer stay.  You want to do as suggester and see advertised price but you want to balance with bought pricing.

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