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Updated 27 minutes ago,

User Stats

258
Posts
209
Votes
Leora Merrell
  • Rental Property Investor
209
Votes |
258
Posts

What Does It Mean To "Tweak" Pricing In Pricelabs?

Leora Merrell
  • Rental Property Investor
Posted

Serious question. I realize it may be a stupid one but I'm willing to look stupid if it means I learn something. I've been a host for 5+ years now and have 7 STRs (1 in wine country in NOVA, the rest are in the Smokies if that matters). I still struggle with this in Pricelabs. People often comment saying they are in Pricelabs every day "tweaking" their pricing. WHAT ARE YOU DOING?! I know it's not "set it and forget it" but I am not understanding how working in Pricelabs means more than just lowering prices or raising prices. Any insight? Did I miss some tutorials everyone else has watched? Am I staring right at it and totally missing it?

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