While AirBnB's marketing spend may be lower, their operating margin is still much lower than Booking's. What are the other costs that lead to AirBnB lose the operating margin?
Great question! Airbnb's model involves managing a vast network of individual hosts and properties, leading to higher costs associated with customer support and trust and safety measures. They are also reinvesting in the product (Experiences, new markets, mobile app features, and so on).
The fees are based on a percentage of bookings (the money spent by guests on the platform). So, it applies to all bookings (which include all nights booked). I hope this makes sense!
Incredible video. Keep up the great work.
Great work team. I made good money by self analysis of your charts
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Good analysis 👍
While AirBnB's marketing spend may be lower, their operating margin is still much lower than Booking's. What are the other costs that lead to AirBnB lose the operating margin?
Great question! Airbnb's model involves managing a vast network of individual hosts and properties, leading to higher costs associated with customer support and trust and safety measures. They are also reinvesting in the product (Experiences, new markets, mobile app features, and so on).
@@HowTheyMakeMoney_ Makes sense. We should also be comparing the overall Operating Margin to compare both models.
Awesome stuff. Would love to see a video on $MDB or $SNOW
We'll definitely consider them for our next videos!
Just a suggestion : Use more visuals when you are explaining something. It will make the content engaging
Are the $3 and $14 fees AIRBnB receives every night or every booking?
The fees are based on a percentage of bookings (the money spent by guests on the platform). So, it applies to all bookings (which include all nights booked). I hope this makes sense!
amazing as always guys, would love it if you find a way of adding valuation to your dives
Thank you! We'll definitely think about adding in valuation