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Setting Up Your Airbnb Listing for Faster Profits

Setting Up Your Airbnb Listing for Faster Profits

Episode 434 Published 4 years, 6 months ago
Description

How do you set up a new Airbnb listing to earn a profit right away?


Kelvin Mah is the Founder and CEO of Rankbreeze, the premiere Airbnb optimization toolkit and rank tracker. Rankbreeze offers software and services to help STR managers improve search visibility and conversion on Airbnb.


On this episode of Get Paid for Your Pad, Kelvin joins me to share his five-step framework for faster profits, explaining how to decide where to invest in a new Airbnb listing and when to launch a new property.


He offers advice on choosing your first five photos and deciding what to say in your listing description, challenging hosts to include amenities and points of interest to optimize a title for search.


Listen in for Kelvin’s insight on how to price a new Airbnb listing and learn his top strategies for ‘throwing your weight around’ to get more bookings at your new STR property!


Topics Covered

 

Kelvin’s 5-step framework for faster profits

  1. Where to invest
  2. When to launch
  3. What to use in title and description
  4. How to price property 
  5. Throw your weight around

 

How to decide where to invest

  • Consider local short-term rental regulations
  • Choose market with strong future demand
  • Conduct top-level city search on Airbnb


How to decide when to launch

  • Research overall demand on Google Trends
  • Launch 30 to 60 days before busy season


Kelvin’s advice on what to use in your listing title

  • Strong call-to-action (e.g.: new, renovated)
  • Include amenities and points of interest


How to choose pictures for your listing photo grid

  • Use 5 BEST photos
  • Variety is helpful


Kelvin’s advice on pricing your new property

  • Start with ‘break-even pricing’
  • Raise prices for weekends and busy season
  • Consider dynamic or signal-based pricing


Kelvin’s top strategies for getting more bookings

  • Adjust photos based on season
  • Leverage SEO campaigns
  • Offer freebie for weekday booking
  • Split property into parent and child listings
  • Ask guests to come earlier or stay longer
  • Invite guests to return to property


Connect with Kelvin Mah 


Rankbreeze


Resources 

 

Kelvin Mah on GPFYP EP276 

Rankbreeze AirReview Chrome Extension

Google Trends 

11 Tips for an Invincible Airbnb Pricing Strategy

Airbnb Smart Pricing Tool

STR Legends Mastermind

Legends X 90-Day STR Accelerator

Email jasper@getpaidforyourpad.com 

 

Sponsor

 

Hostfully [Discount Code PAD]


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