Setting your Airbnb base price - getting it right matters! #airbnb #shorttermrentals #shorts

337 viewsabout 2 years ago0m 56sScore: 75

James Svetec

Pricing & Profitability
intermediate
Pricing Strategy
Dynamic Pricing
Revenue Management
Airbnb
PriceLabs

Summary

This video emphasizes the importance of setting the correct base price in dynamic pricing tools like PriceLabs to ensure accurate and profitable adjustments. A wrong base price leads to inaccurate pricing strategies, potentially causing loss of revenue and opportunity. The base price should be set by considering all the qualitative factors of the listing.