EP060: w/ David Ordal, CEO of Automated Pricing App Everbooked

EP060: w/ David Ordal, CEO of Automated Pricing App Everbooked

over 10 years agoScore: 82
Pricing & Profitability
Revenue Management
Pricing Strategy
Dynamic Pricing
Market Research

Summary

This article is an episode of the "Get Paid For Your Pad" podcast discussing revenue management strategies. It emphasizes the importance of a structured pricing routine, reviewing bookings, and making small, consistent price adjustments to maximize revenue. Hosts should regularly analyze their pricing and booking data to identify opportunities and avoid common pricing mistakes.

Key Insights

  • Early bookings can indicate underpricing or upcoming events.
  • Small daily price changes can increase exposure on OTAs.

Action Items

  • Spot mistakes in minimum stays and pricing settings.
    Effort: low
    Impact: medium
  • Review every booking to reveal pricing and demand signals.
    Effort: low
    Impact: medium
  • Consider how weekends require different attention than weekdays.
    Effort: low
    Impact: medium

Tools & Resources

  • Freewyld Foundry: Learn more about Freewyld Foundry

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