Dynamic pricing explained in 50 seconds #vrbohost #dynamicpricing #airbnbbusiness
346 viewsabout 1 year ago0m 51sScore: 70
Lydia Patel
Pricing & Profitability
beginner
Dynamic Pricing
Pricing Strategy
Revenue Management
Occupancy
Seasonal Pricing
Summary
This video briefly explains dynamic pricing, where hosts fluctuate pricing according to demand, market conditions, available listings, events, and seasonality. The video recommends automating with software, and discusses how VRBO pricing should be higher than Airbnb due to commission differences.
