Bill and Kenny break down their most successful pricing strategies and how paying attention to things like occupancy, the 3-2-1 strategy, and your competition will bring in more summer bookings.
[0:05] Chat GPT
[1:10] 3-2-1 Strategy
[10:10] Optimation Tools
[11:23] Pricing for occupancy
[13:10] Pricing fluxation example
[14:10] Sunk Profit
[15:00] Checking your competition
[17:20] Lead time example
[18:00] Closing wrap up
Watch this podcast each Thursday on our Youtube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
Exclusive Pricelabs Offer Here! Use code BILL25 & get 25% off for the first 3 months (offer valid for new users only)
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508
Build STR Wealth: https://buildstrwealth.com/
BK Hot Picks: https://bkhotpicks.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
Navigating the Future of Short-Term Rentals
Do This Before You Buy Your First Airbnb!
How We Balance STR's-Work-Family and Faith
Opportunity Cost Lost by Crazy Fees
How to find properties that cash flow $50K+
Everything has Changed.
How to know when you should sell.
Increase Revenue Big Time By Niching Down
Boosting ADR vs. Maximizing Occupancy
Biggest Mistakes in 2023 Not To Repeat in 2024
Should you trust your agent?
Location. Location. Location.
How to Rank #1 on Airbnb in 2024
Why Investable Markets Shift Quickly
Don't Bank on the Future
Top Markets To Invest In
2024 Predictions
Unpacking the Pumpkin Plan
Deep Dive Into "Real" Market Analysis
Rankings and Revenue Management
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Master podcast marketing, fuel podcast growth, and make money podcasting!
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show