|
VRconnection Tutorial - Measuring & Analyzing Success |
---|
Measuring & Analyzing Success At this point, you should have a good idea and overview of how VRconnection can help you better manage and administer your rental reservations. But VRconnection doesn't stop working for you after you have refunded a security deposit and closed out a reservation. Each inquiry and transaction that is handled is archived, so that VRconnection can provide a whole host of analytical tools to help you better measure and analyze the success of your rental endeavors.
Analyzing Marketing Performance Below the tabular display, two historical graphs are presented to highlight the annual trends for several key metrics (see image to left). The top graph maps out the listing view activity over the past 12 months. Through the graph, you can see how interest in your property rises and falls throughout the course of the year. Below that, a similar graph maps your inquiry performance across the same time span. A complete accounting of your previous years marketing activity is captured in a single screen, allowing you to better target your peak and off seasons.
Whenever an inquiry is added to the system, the source of that inquiry is noted within the transaction, allowing for a very thorough analysis of where your inquiries are coming from, and more importantly, which of those inquiries are converting into bookings. Two pie charts and an extensive month by month table detail this information. A single click of the mouse can adjust the time frames of the analysis (all time, last 12 months, this year, last month, and this month). The table displays your conversion rates month by month and can be rearranged to instead group by inquiry source. This wealth of information can give you excellent insight into which advertising is working for you, allowing you to spend your ad dollars much more effectively.
Rental Stats All in all, the data presented under the 'Performance Analysis' section helps you to refine your approach to all facets of your vacation rental. From choosing the most productive advertising vehicles to pricing your rental appropriately, VRconnection has all the bases covered to make you the best vacation rental by owner you can be. Well, that's about it (or at least enough to give you an idea of what VRconnection is about). If you like what you see, click here to list and manage your property with VRconnection. |
|
||
'Like' us on |
Copyright © 2004-2024, VRconnection. All Rights Reserved. Please read our disclaimer and privacy policy. |
Follow us on |