The travel industry is making its market more prosperous, increasing its capitalism. To reach this height in a short time, technology has a big part in it.
Airbnb is the first platform to introduce technology to the travel market. It has brought up the concept of booking properties like homes, apartments, villas, and more for travelers seamlessly.
They have stepped into the more advanced business, providing real-time experiences like cooking, music, religious events, new learning skills, and more.
Experiencing new cultures is a delightful thing during the trip!
When it gets through where we are, it will be more satisfying and perfect. In this article, we are seeing a handbook to develop an Airbnb clone for the experience.
Let’s begin!
The Market History Of The Airbnb Clone For Experience
In the initial stage, Airbnb started with a minimal audience. Later, It expanded its market worth $20 billion in 2015. It was increasing its business continuously, introducing new features and trends.
In the northern sphere of the world, Airbnb was flourishing. After the pandemic it skyrocketed its revenue, increasing to $8.3 billion in 2022. It has earned 200 million users and 393 million bookings.
A source has predicted that this number will increase by double the number.
Now, let’s get into the guide!
A Simple Guide To Build Airbnb Clone App
Developing An app needs technical resources, an app development team, deep insights into the market, and more. Let’s look at the steps to get a quality app for your business.
Knowledge of the Market
You can not go further in the development process when you don’t have market insight. First start with market analysis.
- Analyze the position of the business in the global market.
- The growth of the competitors.
- The future market value of your business.
- Identify your target audience.
To make your path more simple, find a blueprint that guides you in the ways of your competitors for you to go further. Taking inspiration is not a replicating thing. Follow their footsteps and bring innovation.
Choose The Correct Tool
Once you know how to proceed further, move to collect resources that are needed for the Airbnb clone for experience app development. You need to focus on features, UI/UX design, and the app development team.
First, choose a team that will help you meet all the business requirements. You can make a choice, by looking at their portfolio.
After choosing the team, discuss with them features and UI/UX designs. As they are important in developing the platform user-friendly, they need a good time consideration.
Testing
Now, you have almost come to the end of the development process. In this stage, testers assess whether the features and other functionalities work properly. If the platform lacks any performance, they find out and resend it to the development team.
They undergo various testing processes to give the high-end performing platform. Even if you face difficulties in performance after the launch, they will solve the issue.
Launch
After getting approval from the testing team, you can launch the platform soon. You need to work on marketing and promotion before the launch. When you launch, you can identify the performance level of your platform, and get feedback from your audience.
As said, features are important in the Airbnb like app development process. Now, let’s look at them in detail!
Lucrative Features That Are Used For The Airbnb Clone For Experience
Features have a part in the platform’s performance level. Let’s look at the must-have features.
User Profile And Authentication
Users register their profiles, giving personal accounts like email or social media. It helps the platform to find users’ identity when it faces malpractice from a user.
Messaging And Communication
The platform provides an in-built messaging app for users and hosts to communicate with each other. Both stakeholders get a notification when someone sends a message.
Calendar And Scheduling
Hosts can make their availability, by looking at their schedule. It will also let the users know about the hosts’ status. Hosts can use automated scheduling to prevent overbooking and conflicts.
Analytics And Insights
Hosts can use analytics on their experience performance like booking rates, ratings, and earnings—platform-wide data insights to track user behaviour and preferences.
Social Sharing And Integration
If users find any experience fascinating, they can share it with their friends using the social media share option. It increases the user base for the platform and the popularity of the host.
Geolocation And Maps
This feature in Airbnb clone for experience will let you find hosts nearer to the guest. It will fetch you hosts from the location that guests are looking for.
Reporting And Flagging
Users can report an account if they find it cyberbullying. The admin has the authority to say the version, looking at the issues.
How Does The Airbnb Clone For Experience Make Revenue?
When we start a business, the important thing is how profitable it is for your business. Let’s look at the revenue methodology that Airbnb clones for experience follows.
Commission Fees From Guests
The platform takes 10 – 15 percent of the guests when they make a booking, which is called guest commission. It is a source of earnings for the admin. They don’t charge the fair directly to the guest. The platform follows automated transaction technology to receive the amount.
Another way that the platform gets a fee is when guests cancel bookings after exceeding the cancellation policy. Guests pay the amount to the host and the admin.
Commission Fees From Hosts
The host-only fee is a revenue methodology of the platform. Hosts pay a fee to the admin after approving bookings. As said, the admin has the authority to fix the percentage. Besides that, the admin takes for cancellation, extra amenities, and more.
If hosts need to improve their booking list, they can increase the listing level, by paying extra fees to the admin.
Another way that the admin and host earn is during the surge pricing. Hosts can fix high-demand prices when the event is taken during its festive time. Usually, guests pay an additional amount during surge pricing.
In-App Advertisements
Most of the digital platforms follow this revenue strategy. Besides your platform earnings, you can earn through this additional fee.
You can include advertisements that relate to your audience so that it will be beneficial for you and the organization.
Bottom Line
We have come to the end section. Hope you find this blog useful.
A quick recap:
We have seen steps to develop an Airbnb clone for experience, features, and revenue methodology.
If you want to know more about it, read blogs related to it or get help from experts.
Stay connected to read more blogs like this!