Airbnb Pitch Book
Airbnb Pitch Book
Airbnb Pitch Book
Background _____________________________________________________________________________________5
SWOT _______________________________________________________________________________________14-15
Goals ____________________________________________________________________________________________17
Target Audience_______________________________________________________________________________18
Budget __________________________________________________________________________________________23
Appendices ________________________________________________________________________________24-29
References______________________________________________________________________________________30
Meet the Team
Meet the team...
Mackenzie Mishka
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Sabrina Spadoni Anna Kauffman
Executive Summary
Airbnb has become a well trusted company that made couch surfing cool.
With the opportunity to rent out your home while away to earn some extra
money, to renting a safe place to stay when on the road, Airbnb is an accessible
resource to find the best option for you.
A challenge Airbnb faces is their lack of social media presence on the app
TikTok. According to hootsuite.com, TikTok is the sixth largest social media
platform and was the number one app downloaded in 2020. By engaging and
reposting user generated content, Airbnb can continue to grow their reach to
TikTok users. User generated content gives people the ability to see first hand
experience of what renting an Airbnb looks like. Because of the format of TikTok,
Airbnb is able to have transparency through user generated content, while
monitoring what gets posted at the same time.
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Background
Airbnb is a startup company that began in 2008 by founders Brian Chesky, Joe
Gebbia, and Nathan Blecharcyzk. Airbnb has over seven million listings
worldwide and hit an average of more than two million people staying with
Airbnb per night (airbnb.com). Their brand voice is similar to that of travel
bloggers. By utilizing an interactive and convenient Instagram feed, clients are
able to get a direct link to the desired Airbnb listing. Airbnb is also active on
other social media sites like Youtube and Facebook, where they share more
personal stories of Airbnb hosts, as well as use their platform to speak up on
social issues.
750 M +
Airbnb guest
arrivals all-
time
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Situation Analysis
Airbnb’s mission statement states “to live in the world where one day you can feel
like you’re home anywhere & not in a home, but truly home, where you belong.”
Airbnb wants to ensure that their customers can travel wherever and whenever
they please but still feel comfortable and at home. Airbnb has expanded itself not
only through the United States but worldwide.
C
Customers: The target audience of Airbnb is the age range of 25 - 55,
families, work/learn from home and in need of a safe getaway
Competitors: VRBO, Hotels, and other vacation rentals.
Company: The company has left a vision for the customers, “leaving a
memorable reputation at a global level”
Collaborators: Instagram influencers, TikTok, and other social media
platforms.
Climate: Airbnb was successful even through the recession. The
company started up in 2008 with no knowledge of the recession about
to hit the fan (phocuswire.com)
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Situation Analysis
● Customer Service
○ There are thousands, even millions of listings on the website or app,
which means there is bound to be a bad review somewhere in the book.
The health and safety of the customers is another challenge that Airbnb
faces. To ensure that Airbnb customers are following all protocols and
precautions, there is paperwork and down payments required for all
listings.
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Social Media Audit
The following information was gathered through extensive research surrounding Airbnb as well as their
overall social media presence. The target audience for Airbnb is 25-55. It is pertinent to note that Airbnb
does not target any one gender specifically due to the fact that any individual can rent out their properties.
Airbnb promotes their numerous listings globally on their social media platforms in order to reach and
interact with as many people as possible. There is a sense of inclusiveness attributed with Airbnb as a
company. Not only is Airbnb operational on a global scale, but they are not discriminatory on the basis of
gender, race, or sexuality. Additionally, all persons 18 years of age and older qualify to use their services. In
order to reach their intended target audience and inform potential customers of the various options they
provide for renting, Airbnb employs many different advertising tactics. For example, curated posts of
attractively staged homes accompanied by breathtaking views often encourage individuals to rent with
Airbnb versus other competitors. Airbnb is successful at marketing to all walks of life, which in turn allows
for a vast pool of potential customers.
This page almost 225k subscribers Post more frequently. On average there are 2-
seems like a travel Perhaps an 4 videos posted per
vlog. additional once or month providing tours
twice a month. of different
locations.Within the
last 4 years their posts
have increased in
YouTube quality and frequency
monthly.
The instagram page 4.7 million Post more videos There are
showcases a variety of followers and providing tours of currently 2,800
different homes and following 1,580 the rental homes total posts.
locations. The accounts. rather than only
Instagram page gives off providing photos There are posts
a cozy and warm vibe. of aesthetically approximately
This is where they post pleasing parts of twice a day on
most frequently. The the homes. average between
use of the Instagram their last two
story is strong. Strong weeks' posts.
Instagram posts made, however There is no distinct
only photos are used, no pattern between
videos are shared. posts that get
30,00 plus likes
compared to posts
that receive
around 7,000 likes.
Overall, throughout a variety of different social media platforms, Airbnb has a strong
presence. There is an overall theme that flows throughout all of the accounts. Airbnb
has created a big name for itself, making it a well known company. This includes likes,
comments, reposts from viewers on all social media platforms. Increasing their
engagement with the audience helps to continue to get the brand name out there.
Posting different things online that allows their followers to interact is helping 9
them to increase their social media presence on all platforms.
Competitive Analysis
The largest, obvious competitor with Airbnb is VRBO. Like Airbnb, VRBO is a
vacation rental online marketplace. It launched in 1995 and is now owned by the
Expedia Group. VRBO represents the travel market place, specifically vacation
rentals. VRBO’s mission statement says “Our mission is to find every family the
space they need to relax, reconnect, and enjoy precious time away together.” Their
three core values are family connection, having a place for everyone, and wanting
families to travel better together.
Their focus is on “the importance of connection and the joy that celebrating
meaningful moments together brings. That’s the magic we’re trying to capture.
That’s why we’re here.” VRBO is much more of a personalized and family oriented
travel site than what a typical hotel would provide you with. They want to bring
families together and help build stronger connections.
Information for competitive chart comes from Airbnb or Vrbo: Which Is Better for
Hosts, 2020 and 2020 Airbnb Statistics, 2020 (next page).
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Competitive Analysis
Airbnb Vrbo
7 million listings 2 million listings
While Airbnb and Vrbo are the most similar vacation rental companies because
they are essentially run the same, Airbnb also has to compete with the hotel
market. 68% of travelers were actually found to rather stay in a hotel than in an
Airbnb (Airbnb vs. Hotels: New Data Shows Travelers’ Preference, 2019). Many
travelers feel more comfortable staying at a hotel because they are run by a larger
corporation and people feel they are safer and more reliable than an Airbnb.
However, Airbnbs are a much more personal experience, where you are able to
feel more comfortable and at home with your friends or family, which is a major
contributor to their success.
Information for competitive chart comes from: Airbnb vs. Hotels: New Data Shows
Travelers’ Preference, 2019 and Airbnb vs. Hotels: Which Is Better, 2019 (next page)
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Competitive Analysis
Airbnb Hotel
Tend to be cheaper More expensive
Their estimated monthly earnings from YouTube Adsense ranges anywhere from
$61-$979.
Airbnb has gained 13,000 Instagram followers over the last 30 days, which is a
239.4% increase. They currently have 4.7 million followers.
On average they gain around 434 followers a day on their Instagram page.
Their average likes per photo on Instagram is 21,339 and their comment section
receives around 135 comments.
Based on their last 20 pictures they have uploaded, their engagement rate is
only .45%.
Airbnb has 728.6 followers on Twitter, which indicates that they have a higher
following on Twitter versus YouTube which is where more of their visual content is
located.
After analyzing the numbers, we believe that Airbnb needs to put more focus into
their YouTube channel as well as find ways to drive up their engagement on
Instagram. Instagram is their most popular social media platform, yet their
engagement rate is very low. In addition to this, presence on other video platforms,
such as TikTok, will increase engagement.
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Goal 1: To promote
using Airbnb as a safe
alternative for travel
during the Covid-19
pandemic.
Goal 2: To build a
substantial presence
on social platform,
TikTok.
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Target Audience
❖ Ages 25 - 55
❖ Families
❖ Those who work/learn from home
❖ Those in need of a safe getaway
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Key Message Platform
For the key message platform we intend to harness the current popularity of
TikTok. Airbnb does not have their own official TikTok page to date and TikTok is
perceived as one the most up-and-coming apps. For this reason we believe it would
be beneficial for Airbnb to be a part of. We want to utilize TikTok to repost user
generated content of Airbnbs for families to rent during the pandemic so they can
have a safe vacation/work from home environment. We want to promote the
health and safety precautions being taken by Airbnb to create a clean environment
for their travelers.
Strategy:
● Create a social media campaign to inform the public of how
Airbnb is working to guarantee customers a safe experience
during their stay.
Tactics:
● Post content explaining the cleaning process.
● Make posts about how Airbnb is a safer alternative for travel.
● Create partnerships with influencers and have them discuss
how Airbnb is a safer way to travel.
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Objectives, Strategies & Tactics
Strategy:
● Have a consistent presence on TikTok.
Tactics:
● Collaborate with influencers to promote the TikTok
account.
● Post at three TikTok videos per week.
● Comment on trending posts regarding travel.
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Strategies & Tactics Visuals
Below is a content calendar explaining the different posts that should be created
each week in order to promote Airbnb, followed by two different examples of
captions used for Airbnb social media platforms Instagram and TikTok.
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Budget
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Appendices
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Appendix 1 - TikTok
https://vm.tiktok.com/ZMJQY3
6GV/
https://vm.tiktok.com/ZMJQY
WooX/
https://vm.tiktok.com/ZMJQY
WooX/
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Appendix 2 - Instagram
https://instagram.com/airbnb_
377?igshid=1v3ljgs8oxo6m
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Appendix 3 - Influencers
Julia & Hunter Havens have 226k followers on Youtube and a combined Instagram
following of 200k. They are best known for vlogging their daily life. While they post
many other different types of content, their travel vlogs are amongst the most
viewed videos they post. They have traveled many places such as Paris, Los
Angeles, Germany, Nashville, Spain, Hawaii, Portugal, and many more. This would
be a great partnership for Airbnb because it is an organic partnership due to the
fact Julia and Hunter already create travel content. Airbnb could offer an Airbnb
stay for free in exchange for a certain number of content posts at the Airbnb
location.
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Appendix 4 - Influencers
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Appendix 5 - Influencers
Amber Fillerup Clark is another example of an
influencer who would be a compatible fit with
Airbnb. Amber began her career as a Mom-
lifestyle blogger, developing a professional
photo-editing software with her husband David
shortly after. She showcased this software on her
own pictures, capturing the attention of many
through her travels with her family. She also
recently founded the company DAE an Arizona
based hair care line. With a following of 1.3
million on Instagram, a partnership would allow
for Airbnb to reach an even larger audience that
appreciates and is passionate about all things
travel.
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References
About Us. (2020). Retrieved November 20, 2020, from
https://news.airbnb.com/about-us/
Deane, S. 2020, May 15. 2020 Airbnb statistics: usage, demographics, and revenue
growth. https://www.stratosjets.com/blog/airbnb-statistics/
Elliott, C. (2020, June 01). How Travel Has Changed Since The Pandemic - And How
It Should Change. Retrieved November 20, 2020, from
https://www.forbes.com/sites/christopherelliott/2020/05/31/how-travel-has-
changed-since-the-pandemic---and-how-it-should-change/?sh=2661c40e4d64
Glusac, E. (2020, September 24). The Future of Airbnb. Retrieved November 20,
2020, from https://www.nytimes.com/2020/09/24/travel/airbnb-pandemic.html
Group, A. (2019, December 30). The next decade of change in the travel industry.
Retrieved November 20, 2020, from https://www.phocuswire.com/2019-and-
beyond-expedia-opinion
Sehl, K. (2020, July 28). 20 Important TikTok Stats Marketers Need to Know in 2020.
Retrieved November 20, 2020, from https://blog.hootsuite.com/tiktok-stats/
Temblador, A. 2019, May 14. Airbnb vs. Hotels: new data shows travelers’ preferences
https://www.travelpulse.com/news/hotels-and-resorts/airbnb-vs-hotels-new-data
-shows-travelers-preferences.html
Urgo. (n.d.). Airbnb's YouTube Stats (Summary Profile) - Social Blade Stats.
Retrieved November 20, 2020, from https://socialblade.com/youtube/user/airbnb