Need help on pricing

Aboyowa0
Level 1
Tokyo, Japan

Need help on pricing

Good morning 

1 Reply 1
Yadira22
Level 10
London, United Kingdom

Dear  @Aboyowa0 

hope you are well.

 

Pricing  

it’s best to look at two things 

 

a. Smart pricing 

Airbnb usually suggests a price which is very much below what you should charge so please ignore this as a rule of thumb but it’s good to consult it for once you have a better idea regarding pricing.

 

b. Most sensible approach  is to do a local search of similar places around your area and featuring the same space/amenities  and adjust your prices accordingly. As you are starting I would recommend pricing it on the lower/mid range.

 

for example (numbers taken from air)

 

price range  is 28-37 USD 

choose 30/33 USD 

 

this would allow for you to attract the initial customers and build a reputation around your hosting manner, etc. Once you notice that this works then you can choose to adjust prices to a more higher level of this price range.

 

Hope this makes sense and happy hosting!

Yadira

 

ps. Your initial listing says private room in a town house but your description says guest would have the whole place to themselves. You might want to update this and maybe add some more information- explaining what you loved about living there. Is it the area? Has the house been designed for function or for comfort- or both? Just something that will help drive more customers your way! 

🙂

 

 

 

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