I'd like to participate in this discussion. I just created a new website with MyVR and would like feedback from folks who've been doing this awhile. Any tips, tricks, suggestions? I've looked at it so much, I'm either nitpicking or not seeing something to improve.
I do know I need new photos and have a photographer lined up. She'll also do some drone footage which I'm excited to use.
Thank you for your constructive feedback.
Thanks for reaching out to us to get some help with understanding our pricing. I've gone ahead and addressed your questions through our private, email-based support system. Since the last time you posted a pricing question roughly 5 months ago, we've decided to address all account-specific pricing issues and concerns through our email based support system. We will still answer general questions about how our pricing works here, but we want to ensure that our answers here are useful to everyone. When you get into the weeds of how a particular account wants to set up MyVR, the billing details can get confusing and non-applicable for other users.
@carole Thanks for sharing your experience and zapier info. Have you been able to create a zap to trigger texts/SMS using zapier? I see you say you've been playing with appoinmtment reminder to send messages but are those email or texts/sms?
@John-Hughes - I'm still in the trial period, and have some kinks to work through. The verdict is still out for me.
You have to remember that in theory I was already doing dynamic pricing of a sort with my rentals, having different rates that changed weekly, but I set those rates myself. So I believe some of the revenue benefits I'd already achieved.
So far in my trial, I've booked several weeks at lower rates than last year for the same period, and have had to "reprogram" rates for the monthly discounts. The new system would have had me booking at astronomical high rates, during times when my unit has been historically empty if I'm not below a threshold. I think I know my market well, so the real question is how well I can manipulate the pricing software to reap the rewards of both my knowledge and their competitive data and automation.
I will say that their customer service has been exemplary and they are quite flexible to help make the software work for my market, so I remain optimistic.
If you are not already focusing your rates on at least a weekly, if not nightly basis, and factoring in special events in your area, then dynamic pricing will bring even more benefits for you. Whether you do that with Beyond Pricing, or manually with your rates, that's lost revenue to you if you don't account for the increased demands.
More once I've completed the trial...
This line from the pledge "using the Ranking Metrics page, focus on areas for improvement compared to your market" means I won't EVER be able to sign the pledge, even though I respond within 2 minutes to every inquiry, respond personally to each review, constantly update listing pics, info and calendar, and have all 5 and 4 star reviews (60-some 5-star and two 4-star reviews).
The new Ranking Metrics page wants me to 'improve' by lowering rates and accepting 2 night stays in high season. They ding me for having rates which are higher than what VRBO considers to be acceptable in my area and because I require 3 and 4 night stays in high season. There are lots of reasons that I won't negotiate on rate and minimum stay, but ultimately the reason is that its not to my financial benefit to do so.
For now it's just annoying that I've played nice for all these years and am now being penalized because I won't compete with properties that are inferior to mine. But it is what it is. We'll see over time how it impacts my bookings.
Ahah, that is good to hear about Tripadvisor. Not a big deal, but a minor inconvenience.
What about Expedia? Are there plans for MYVR to try to incorporate them?
I've read the 5 major OTAs are Airbnb, Trip/Flipkey, HomeAway/VRBO, Booking, and Expedia.
Would love to be able to operate all 5 of those directly out of MYVR. I hate the idea of splitting it into a couple different channel managers or even having 3-4 on MYVR and doing one manually by itself.
You are currently on our MyVR for PM's - Plus plan, so you would use our FlipKey for PMs app and our Airbnb for PMs app. For both of these channels, you simply pay a 1.49% fee per booking made through each respective channel.
@Mary-Beth-Ericson - I'd love the idea and have certainly considered it. But given the issues I have just offering Wi-FI and Netflix to my guests, I can imagine a greater need for onsite technical support with that offering. So for now, I've decided not to pursue it. I just have many guests that are NOT tech savvy and high maintenance in just using the TV remotes. LOL