startups, technology...ย โขย 1y
5 Key Lessons I Learned from Studying Airbnb's Growth Strategy ๐ 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
Startups | Productย โขย 1y
Airbnb's unique approach to sorting search results by price has sparked discussions within the industry. Unlike many e-commerce platforms that allow users to sort listings from lowest to highest price, Airbnb prioritizes relevance and quality over pr
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Set2Scoreย โขย 11m
The Power of a Community If you are in the beginning phase of starting a startup or business, it is very important to have a community. ๐ Why is a community important? If you are launching any product or service, you need to create trust among pe
See MoreMastering the Game o...ย โขย 1y
Out-of-the-Box Hustle - Clever Tricks Startups Used to Beat the Odds and Make It Big Airbnb In 2008,during the financial crisis, Airbnb was struggling to raise funds. The founders got creative and started selling novelty cereal boxes called "Obama
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Medialย โขย 1y
โSaturday Startup Nugget Story- 3โ AirBnB cash crunch and their innovative solution to make some quick cash. Flashback to 2008, Airbnb was facing a money crunch. So, the smart founders had a wild idea โ sell cereal! They created special boxes, "Ob
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Airbnb revolutionized travel by integrating the sharing economy and promoting collaborative consumption. Targeting budget travelers, it offers affordable stays with locals, fostering cultural exchange. The platformโs success lies in its ๐๐จ๐ฌ๐ญ ๐๐ซ
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From Air Mattresses to a Multi-Billion Dollar Game-Changer In 2008, roommates Brian Chesky and Joe Gebbia found themselves in a classic bind: rent was due, and their bank accounts were empty. Instead of panicking, they got creative. With a major des
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Medialย โขย 6m
Brian Chesky credits AirBnb's success to an essay Paul Graham wrote in 2008. If any founder dedicatedly focuses on the six principles that Paul mentions, it will blow off their startup. The secret to startup success lies in six principles. Let me
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No matter what type of startup or company you create, whether itโs in technology, retail, services, or any other industry, platforms like Google and Facebook are bound to play a significant role in its growth and promotion. These tech giants have bec
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