Creating Culture Assignment
Creating Culture Assignment
Cohort Submitted on
September 2018 17th September 2018
Learner Declaration
I certify that the work submitted for this Assessment is my own and research sources are
fully acknowledged.
INTRODUCTION
Airbnb was established in 2008 and is situated in San Francisco, California, with workplaces
across North America, Europe, and Asia and was formerly known as AirBed & Breakfast. The
founders are Brian Chesky, Joe Gebbia and Nathan Blecharczyk. This is an organization
which helps people to discover, book accommodations worldwide via online or mobile
phones by enabling them to share their travel experiences. Airbnb interface individuals who
have space to save with the individuals who are searching for a place to remain. Regardless
of whether it's an urban apartment or countryside castle, Airbnb makes it easy to exhibit
your space to a group of people of millions, and to locate the correct space at any value
point, anywhere. I chose Airbnb because it is a front runner in the web based home
accomadation industry and it has more than 150 million customers using its services, which
makes Airbnb to focus more on providing customers with the best quality service available.
The main objective is to keep the organization secured and trusted, by distributing the
benchmarks and desires for all hosts and explorers.
Airbnb built up these benchmarks in view of their broad experience collaborating with
individuals from the Airbnb community. These benchmarks are planned to assemble the
current arrangements into a solitary system that will help individuals from the Airbnb
community better comprehend what's in store from us and what we expect of them.
Every industry has its own competitors, whereas Airbnb has got its share of competitors too.
The market competition in vacation property industry is growing rapidly since the demand
for vacation rentals is really high. Some of the competitors of Airbnb are; FlipKey, Turnkey,
Booking.com, HomeAway, VRBO and so on.
Despite the fact that there are a lot of alternatives accessible on the site for single travellers,
Flipkey exceeds expectations at amass appointments in famous visitor goals. The vast
greater part of their properties is get-away rentals and occasion homes which fit four, five,
Dissimilar to different sites, HomeAway has properties that are ideal for older couples,
families, and bigger gatherings who are hoping to appreciate the comfort of a whole home.
HomeAway likewise possesses a couple of other Airbnb competitors, as VRBO , which is
basically the same yet offers a marginally unique stock of properties.
A business would gain competitive advantage by monitoring the competitors traffic KPI’s
which will help to reduce the number of failures and increase the customer base. Airbnb
could do this by;
Evaluating the income of the competitors by finding the measure of guests who
comes in
Knowing their fundamental activity sources and distinguish patterns
Analyze competitors' referral activity and reveal profitable promoting openings
Figure out which online networking channels convey more activity to your
competitors and enhance your own web-based social networking procedure
Analyzing measurements, for example, site visits per client, normal time nearby and
bound rate and know the commitment level that a competitor is getting.
Airbnb keeps on developing at a great rate. The web based hotel business was as of late
esteemed at $31 billion. This is because of the successful customer care strategies followed
by Airbnb. They are;
One reason Airbnb has discovered such achievement is the high rate of fulfilment among
those remaining at their recorded properties and additionally those leasing them out. A
Airbnb knows how close to home a living space can be, regardless of whether it's
impermanent. To accomplish that objective and hold clients subsequently, they
implement their locale benchmarks and desires genuinely. That, joined with all supports
staying retained, gives a sentiment of security that numerous cutting edge organizations
can't rival.
The time of business TV and web has influenced numerous to acknowledge desires
aren't reality. A considerable lot of us have bought an item or administration previously,
just to be left disillusioned.
Airbnb and many other organizations try to avoid customer dissatisfactions in the most
appropriate ways possible. One of the ways to do this is by making sure what customers
are precisely getting.
Information can here and there be a precise indicator of results, however some of the
time another thought or highlight should be placed in real life to genuinely perceive how
viable and adaptable it is.
Airbnb works under an approach where an inventive speculation is executed, with the
group at that point surveying its effect. In the event that there's an important profit for a
thought or highlight pushed on a little scale, more assets will be gotten.
While some more hazard unwilling organizations may consider this to be excessively
tested, it's hard to contend with a business that continues developing.
It’s a well-known fact that the inn business isn't precisely partial to Airbnb, similarly as
taxi organizations aren't enthused with Uber. All things considered, Airbnb's challenging
and intense way to deal with reform the cabin and billion-dollar lodging ventures is
exactly the much needed refresher numerous individuals, more youthful ones
Airbnb seized on the acceptance of the sharing economy, while highlighting the
significance of regarding customer desires, routinely upholding commonly
acknowledged regulations, and thought testing and performance.
The above mentioned are on the whole winning procedures that can enable any
business to succeed.
Taking the above information into consideration, customer care can be improved in ways
like,
As there are many competitors in the market, Airbnb should work more on new services to
remain competitive. It is sometimes not possible to provide complete security to the buyers
and sellers since it’s an online platform. And the reputation of Airbnb is dependably in
question as their picture is reliant on the hosts and if the hosts happen to do anything
incorrectly, it influences their brand image. Airbnb has somewhat more to consider while
considering home change ventures. Putting time and cash into your space may expand your
property estimation, and furthermore better serve your visitors—ideally boosting your
evaluations as well. Airbnb must improve the guest experience as five star hospitality is very
important, keeping the guests happy and entertained will improve the customer care
strategy and loyalty will be maintained.
Inc.com. (2018). You Should Steal These 4 Business Strategies from Airbnb. [online] Available at:
https://www.inc.com/kayla-matthews/you-should-steal-these-4-business-strategies-from-
airbnb.html [Accessed 17 Sep. 2018].
MyCustomer. (2018). Learning from your customers - the Airbnb way. [online] Available at:
https://www.mycustomer.com/community/blogs/duboff/learning-from-your-customers-the-airbnb-
way [Accessed 17 Sep. 2018].
Slideshare.net. (2018). Airbnb, Inc. Strategic Plan 2017-2021 MBA - strategic Management As….
[online] Available at: https://www.slideshare.net/mohieismail9/airbnb-inc-strategic-plan-20172021-
mba-strategic-management-assignment-harvard-case-study-june-2017 [Accessed 17 Sep. 2018].