If you’re thinking about listing your space on SpacePal, you’re probably wondering, “How much will I make?” The answer depends on how much you charge and how many bookings you get.
While the final decision is yours, here are some tips to maximize your earnings. 🤑
Remember, SpacePal charges a 12% fee to the guest on the price you set. So, you keep 100% of what you decide to charge. 😉
Here are our recommendations:
🎯 Set your base price
Ask yourself: What minimum amount would you accept for any booking? We recommend starting with a low base price for most spaces to attract smaller, simpler bookings. From there, you can quickly scale up the price and always send a personalized proposal (here’s how).
💸 Use a flexible pricing scale
Bookings come in all sizes and types. Some are for a few people, others for several dozen. Some are for simple activities, others are more complex. Adjust your prices based on the size and activity planned in the space.
💡 Consider Your Costs
Renting out your space is a professional service that involves costs and inconveniences. If you’re a business, you can charge for lost income while your place is reserved, in addition to the rental fee. Always leave room to negotiate based on the type of activity and its impact.
With these tips, you’re ready to set your prices and start earning.