Alfred Evans
@Alfred.Evans · Posted 10 Jan. 2022
Frank Lucas
@Frank.Lucas · Posted 10 Jan. 2022
Airbnb is a web-based commercial center that interfaces individuals who need to lease their homes to other people in explicit regions. The organization has progressed significantly since its fellow benefactors previously thought of the idea, back in 2007, to welcome paying visitors to rest on a pneumatic bed in their family room. As indicated by Airbnb's most recent information, it has an abundance of 5.6 million postings, covering in excess of 100,000 urban areas and towns and 220 or more nations.
Jack Penn
@Jack.Penn · Posted 10 Jan. 2022
Airbnb has upset the friendliness business. Preceding 2008, explorers would have likely reserved a lodging or inn for their excursion to another town. These days, large numbers of these equivalent individuals are selecting Airbnb. Airbnb gains a competitive edge from Oyo Rooms and other similar businesses due to their unique and out-of-the-box business strategy.
Richard Blake
@Richard.Blake · Posted 10 Jan. 2022
The steps of the business strategy are listed below:
A) Cultural Exchange:- Airbnb implements cultural exchange as a strategy to enhance customer experience. Travelers staying in host's houses started exchanging their culture that enhances their experience.
B) Host prioritization:- Airbnb gives a focus to the hosts as a customer and makes hosts a stakeholder in the value chain. Hosts are trained through various programs of Airbnb like host clubs where hosts belonging to a particular region or area share their experiences and problems. All these kinds of programs for host prioritization enhance the value of the product and give customers a very pleasant experience.
C) Airbnb protection covers to hosts:- Airbnb provides a lot of protective cover to their hosts like liability, damage, pet damage, deep cleaning, income loss, etc which helps hosts to list their property on Airbnb without any stress or tension. It also helps Airbnb to increase the number of the property on the Airbnb website, which helps them to increase their customer base and also take them ahead of competitors like Oyo Rooms.