Are you using a Pricing Software Tool for your STR business. If not, watch this
The Boostly Podcast
Mark Simpson
5.0 • 302 Ratings
🗓️ 25 March 2022
⏱️ 8 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Welcome back to the Boosted Podcast where I give hosts just like you, the tools, |
| 0:04.7 | the tactics, the training, but most importantly the confidence to go and get |
| 0:08.1 | more direct. Buckins and today we're talking about pricing, most importantly |
| 0:12.5 | pricing software tools. So very quickly in the comments below, are you using |
| 0:18.1 | dynamic pricing software? If so, let me know what you're doing and who you're |
| 0:23.4 | using because I have surveyed over 3,000 hosts and I wanted to run a couple of |
| 0:30.4 | questions and find out where everybody's at when it comes to everything in terms |
| 0:34.4 | of getting entire bookings and pricing was one of the major things that I |
| 0:38.0 | asked. So let's just go and very quickly share the screen. I want to take a quick |
| 0:42.4 | break from today's show to talk about some of its been on my mind for a while |
| 0:45.8 | now and why it's important that everybody acts on this as soon as possible. In 2016 |
| 0:51.1 | Joe Gebbier, who is the co-founder of Airbnb, spoke on a TED Talk stage about how |
| 0:56.0 | Airbnb designs for trust. As a company, their main focus on the early years of |
| 1:01.0 | their growth was trust. They had to convince both guests and hosts to be on |
| 1:05.7 | their platform. Now they are one of the biggest OTA providers in the world and |
| 1:09.6 | they have based everything on trust. The core focus for every host and property |
| 1:14.1 | manager who wants to increase their direct bookings this year should be on |
| 1:18.0 | trust. When you try and take a guest off the OTA's the trust is reduced. If you |
| 1:22.6 | can make a future potential guest trust the book with you directly then you |
| 1:26.6 | are going to come out the end of this year winning. The question is how do you |
| 1:29.8 | build that trust? IPRAC is a globally recognized accreditation and |
| 1:34.0 | certification service operating with thousands of members around the globe |
... |
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