How We Hired Our First Virtual Assistant for Freewyld
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
- •Early bookings can indicate underpricing or upcoming events.
- •Revenue management must be scheduled, not reactive.
- •Small daily price changes can increase exposure on OTAs.
- •Reviewing every booking reveals pricing and demand signals.
Action Items
- ✓Develop and implement a daily and weekly pricing routine.Effort: mediumImpact: medium
- ✓Review bookings regularly to identify pricing signals and demand trends.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry
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