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Sweekar Koirala

startups, technology... • 1y

5 Key Lessons I Learned from Studying Airbnb's Growth Strategy 🚀 Solve Real Problems: Airbnb addressed a genuine need for affordable, unique accommodations. They found a niche and excelled in it, making them indispensable to their users. Leverage Existing Platforms: Airbnb used successful platforms like Craigslist to reach targeted users quickly, gaining exposure and credibility without large marketing budgets. Build Trust: Trust was a significant challenge for Airbnb early on. They overcame this with reviews, verifications, and secure payment systems, gaining user trust. Scale Smartly: Airbnb didn't try to become international overnight. They targeted a few cities first, refined their business, and then expanded, managing growth effectively without compromising service quality. Cultivate a Strong Community: A well-developed host and guest community contributed to Airbnb's success. By fostering relationships and encouraging engagement, they built a sustained and involved audience

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