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Exploring the strategic role of Marketer-Generated-Content analytics towards Airbnb hosts sales optimization.
- Source :
- Journal of Global Scholars of Marketing Science; Mar2024, Vol. 34 Issue 2, p253-282, 30p
- Publication Year :
- 2024
-
Abstract
- Although user-generated content is reported to improve Airbnb host's sales, the impact of Marketer-Generated Content (MGC) on the minimum sales generated from the reviewers who have reviewed the MGC is yet to be explored. This study examines MGC of title descriptions analysis from the City of Los Angeles listing data to understand their importance in predicting hosts' net sales. The analysis employs two complementary econometric approaches: parametric multiple regression and the non-parametric multivariate adaptive regression spline model across three neighbourhood groups and two price groups. The findings indicate hosts can employ MGC to optimize sales and should highlight feature words in the title that best reflect the property characteristics and appeal to a target group that may be location-specific, price-sensitive, or both. The title should be informative and detailed within a limit of 10 words. The novelty of the work is to identify the influence of total sales for respective feature words from the title description of Airbnb property and to analyze their uses in marketing communications. The practical implications indicate that host-generated feature words are crucial in maximizing net sales for the property. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 21639159
- Volume :
- 34
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Journal of Global Scholars of Marketing Science
- Publication Type :
- Academic Journal
- Accession number :
- 176072722
- Full Text :
- https://doi.org/10.1080/21639159.2023.2292636