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28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

As the number of homes on Airbnb scaled from around 100,000 in 2012 to over 6 million today, I led teams tackling everything from supply growth, to guest booking conversion, to marketplace quality. We then called these hosts to help them convert their requests into bookings. Long-term, measure the ROI to make sure it’s worth the time.

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From Clicks To Converts; Maximise Your Digital Advertisement Outputs In 2020

Vantage Circle

Thus their digital advertisement initiative has seen good ROI because of their niche advertising. Whether its click here, buy now, book this table, it can be anything. One way of achieving this is through A/B testing. In A/B testing, you take your ad and modify it to create a second version of the original.

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11 Awesome Patty McCord Quotes in Powerful about Building a Great Culture at Netflix

Get Lighthouse

As McCord quotes in her book, companies that "fostered honest feedback and had more open communication" had a 270% better return on investment over a 10 year period than those that did not. So they let the data do the talking and ran an A/B test. She felt they were a huge waste of time with limited ROI. And the payoff?

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28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

As the number of homes on Airbnb scaled from around 100,000 in 2012 to over 6 million today, I led teams tackling everything from supply growth, to guest booking conversion, to marketplace quality. We then called these hosts to help them convert their requests into bookings. Long-term, measure the ROI to make sure it’s worth the time.