How We Hired Our First Virtual Assistant for Freewyld

Get Paid For Your Pad
Published: May 27, 2022
Pricing & Profitability

Summary

This episode of Get Paid For Your Pad discusses key aspects of revenue management, including the importance of a structured pricing routine, reviewing booking data, and understanding booking windows. Hosts should focus on developing a consistent revenue management cadence to maximize earnings and understand booking behavior.

Key Insights

  • •Reviewing every booking reveals pricing and demand signals.
  • •Early bookings can indicate underpricing or upcoming events.
  • •Revenue management must be scheduled, not reactive.
  • •Small daily price changes can increase exposure on OTAs.

Action Items

  • ✓
    Develop and implement a daily and weekly pricing routine.
    Effort: medium
    Impact: medium
  • ✓
    Review bookings regularly to identify pricing signals and demand trends.
    Effort: low
    Impact: medium

Tools & Resources

  • →
    Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com/)

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