EPISODE · May 4, 2023 · 18 MIN
Advanced Pricing Strategies
from STRonomics · host Bill Faeth & Kenny Bedwell
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
What this episode covers
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
NOW PLAYING
Advanced Pricing Strategies
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.