How to optimize your pricing strategy

Sudsrung0
Level 10
Rawai, Thailand

How to optimize your pricing strategy

 

Airbnb Merchandising | How to optimize your pricing strategy to stand out from the crowd
Pricing is one of the main determining factors for guests when booking accommodation.
Here's how Airbnb's merchandising tools can help boost your pricing strategy.
This is a must read article https://bit.ly/3UfRE6K
2 Replies 2
Gillian166
Level 10
Hay Valley, Australia

@Sudsrung0  yes I agree it's better to use the special promo if you're going to drop prices, cos you get the special callout. But,  you can can't inflate the original price, (yes, i get why), so they choose your average room rate as the base, but this doesn't work so well moving into Xmas. 

I dabbled with the last minute pricing discount and didn't get any bookings so I turned it off, but I think i'll try again as the logic of "let your customers know they got a good deal" is wise. But, I don't think guests see they got a Last Minute discount, do they? 

@Gillian166 

 

Im still playing around with it, need to read more,

 

I got distracted reading something about smart pricing and price tips, That wasn't there before, well long time ago hahahah