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1Wk 4 Apply Case Study Analysis:“Case 2: Airbnb in 2018” Business StrategyRebecca QuickSTR/581September 21, 2020Claudia Duraneau
2Wk 4 Apply Case Study Analysis: “Case 2: Airbnb in 2018” Business StrategyAirbnb is an organization that has been enjoying an advantage over its competitors. Simply because of the regulations that have been affecting business operations. There is a need to develop a business plan which allows this company to meet more benefits of participating in the accommodation industry. For growth to be there, the first thing should be penetration into the market. Various methods of promoting the business can be put in place to inform people about the existence of their services and the benefit that customers will have using their services over the others. These methods depend on whether the company is new to the market or existed in the market. In Airbnb, the business has been there in the market and has competed favorably with its competitors(Prideaux et al., 2006).The services offered by Airbnb must be diversified, which means changing their assets and ensure their designs compete favorably with the competitors. Information technology has been improving, and this business should ensure that they move according to the pace in which technology is advancing. Nowadays, people seek accommodations not only to give them a safer place to rest but also a place where there are computer systems and Wi-Fi where they can continue doing their businesses. A company should also be having some unique features which the customers will enjoy, giving them a reason to choose your services over the others(Improvingtourism and hospitality services, 2004).Ethical treatment of customersAirbnb can ensure ethics to its customers through hospitality and honesty. By giving customers' services based on the adverts. Everything promised to the customers should be provided to increase customer loyalty to the business. Proper etiquette should be used by the