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One reason might be too attract a certain kind of clientele. I know AirBnB people who charge less than what the market will bear, because they know that at a hi
by azernik 10y ago
One reason might be too attract a certain kind of clientele. I know AirBnB people who charge less than what the market will bear, because they know that at a higher price point customers will be much more demanding - both because of the psychological impact of paying more, but also because the kind of people who can afford $100/night are likely to be older and more picky.
Similarly, by charging less and having a line out the door you get to enforce standardization and other nice things on your customer base.
- philovivero 10y agoMy experience with AirBnB is opposite. The higher the price I charged, the nicer, cleaner, more-accomodating, courteous, and non-demanding the clientele. The lowest-price guests were rude, uneducated (scratching non-stick pans with forks, for example), noisy, ungracious, and otherwise a huge pain.
- puranjay 10y agoLikely because people paying higher price points have ample cash and aren't watching every penny they spend.