Mark Simpson explains why Airbnb's Smart Pricing undercuts your rates to fill bookings and earn their commission. Third-party services like Beyond Pricing prioritize your revenue instead, charging you a fee but actually pushing prices higher.
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When it comes down to the dynamic pricing. Your point about not using smart pricing on Airbnb is so important, like you say, because the difference is when you're paying for dynamic pricing with people like beyond pricing, that's in their interest to get you as the host, you know, the the very best rate available, more income, basically. Whereas, like you say, if you're using smart pricing by the ota, by Airbnb. Well, exactly. All they really want to do, they don't really care about if you're making money. They care about getting your place filled. So they're making their percentage. So ultimately, they're going to just drop the price.