Friday, September 7, 2018

What is airbnb? The surprising success of Airbnb!

Giving complete untouchables access to your home most likely won't appear like a keen idea to everyone.  Not either, on the opposite side, is giving yourself access to the home of a total outsider. 


But instead than copying travel areas like Expedia and Travelocity, Airbnb receives a striking methodology toward the lodge. Some part of the "sharing economy," Airbnb offers you someone's home as a place to stay, as opposed to a cabin.

This all sounds truly basic, but what is Airbnb? This is what you have to think about the famous home-sharing site before you book a stay or turn into a host. 

Airbnb plan of action is remarkable, beneficial and has created to such a degree, to the point that it is expanding like anything. on the off chance that you might want to peruse more about How does Airbnb Make Money? How Airbnb finds customers? 

How Airbnb started? 
credit- anna vital

What's more, 

How Airbnb works? 

It is a social business place for offices that directions have with visitors. You can lease a place to remain through Airbnb – or you can rent out your own home or apartment if you’d like to make some extra money.

You could remain in a French windmill... on a Spanish yacht... in a treehouse in Atlanta... a castle in Rajasthan... a houseboat in Amsterdam... a Thai house on stilts... or on the other hand in a penthouse in Manhattan. 

With its 150 million clients, 640,000 hosts, and four million postings in 65,000 urban communities, it's a power of nature. Without owning a solitary room, Airbnb is presently the world's biggest lodging network. obviously, Airbnb had an unpleasant begin, Airbnb was not a prompt achievement, however. The startup encountered a few good and bad times, and it experienced no less than three separate dispatches. Notwithstanding, Airbnb raised it's at first financing, $20,000 from Y Combinator in 2009. what's more, As of May 2018, Airbnb was worth $38 billion.

Sounds pretty serious, right! But Fair enough.

Now you may have a question about How much does it cost to build a website and an app like Airbnb?

However, Airbnb is more than just a platform or a marketplace. also, it is presently a multi-billion dollar association and is sure to wind up further.  The market is immense for B&B and flat rentals and conceivable outcomes are perpetual. If you are attracted with the facts and figures of Airbnb and furthermore need to begin a Vacation Rental Business like Airbnb at that point don't worry! Look at BistroStays, it can assist you with getting started with your own excursion rental site like Airbnb for under $1k. 

If you have any comments with respect to this blog, please let me know below. 

Monday, August 27, 2018

WhatsApp: The Best Facebook Purchase Ever or not?

Facebook purchased WhatsApp in February 2014 for $19 billion, and therefore it is quite logical to ask how is WhatsApp making its money?

This is a very bold move.

Like other bold moves, it might end up looking stupid, but it also might end up looking brilliant.

Do you know that there was a time when WhatsApp used to charge $1/year! Under this subscription model at one time, WhatsApp had 700 million users worldwide. Therefore, one can estimate its annual revenue of $700 million per year at that time.

The $19 billion acquisition of a company having just over 50 employees raised a lot of eyebrows and dropped a lot of jaws. Why would the social media giant invest so much on an app that doesn’t even charge for downloads anymore? Why would Facebook buy WhatsApp which doesn’t show any ads & has almost no source of income? The reasons are more than one.




Having that many active users, it is going to get you something fruitful eventually. With inter-linking with Facebook & Instagram, the app would return a lot more than just money. In Zuckerberg’s own words, “Once we get to being a service that has a billion, two billion, three billion people one day, there are many clear ways we can monetize”. After all, having founded the world’s best social media platform Facebook and having acquired world’s best photo sharing platform Instagram, it was time for Mr. Zuckerberg to acquire the world’s best instant messaging app. Combining all three of them. 

For WhatApp business model, Read here.                                                                                               

Facebook recently reached the milestone of 2 bn active users. WhatsApp already has over a billion users, and again the features like stories, status updates, profile information and even your gender is a piece of information.

Focus here is WhatsApp. So other than what you chat, everything else is traced and is used to target ads on Facebook. WhatsApp will be free and ad-free forever, though Now Facebook is finally getting serious about monetizing WhatsApp with the recent launch of the WhatsApp for Business app. 

so WhatsApp is now Facebook’s second-biggest property, followed by Messenger and Instagram. as it has changed the way people communicate. A lot of businesses depend on WhatsApp today.. so it's definitely The Best Facebook Purchase Ever.