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The Co-Host Bros
23-Pricing mastery with Jake Cohen from Step by step BNB.
Jun 21, 2024
Jake Cohen from Step by step BNB shares insights on pricing strategies, work-life balance, and revenue management in the short-term rental market. He discusses the challenges of tailoring pricing strategies, maximizing revenue potential, and utilizing data analysis tools to make informed decisions. The episode also covers real estate investments, house hacking strategies, and the benefits of specialized services in enhancing revenue generation.
01:05:25
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Quick takeaways
- Utilize market dashboards for informed pricing decisions.
- Maintain open communication with clients to build trust.
Deep dives
Using Data for Pricing Decisions
Utilizing resources like market dashboards and data analysis is crucial for making informed pricing decisions. It's essential to avoid relying solely on surface-level information and to delve deeper into market data to make strategic pricing adjustments.
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