Leveraging your niche to win more direct bookings with Mark Mancini
On this episode we have Mark Mancini. He’s the host of VRBO Outstanding youtube channel and has several courses that helps hosts become amazing hosts. He shares his knowledge of hosting for 13 years and how he’s able to fill up the majority of his calendar with direct booking by leveraging your niche and marketing your site. Podcast Summary Mark emphasizes the pivotal role of technology and strategic marketing in optimizing rental property management. He advises implementing a Property Management System (PMS) like OwnerRez from the outset to automate tasks and enhance efficiency as your rental business expands. Integrating such systems streamlines operations and facilitates scalability, laying a robust foundation for growth. Another crucial aspect highlighted by Mark is the branding of rental properties. Instead of opting for generic names, he advocates for crafting unique, brandable identities that can be leveraged for Search Engine Optimization (SEO) and marketing purposes. This branding strategy enhances visibility and distinguishes properties in a competitive market, bolstering their appeal to potential guests. Moreover, Mark underscores the importance of targeting specific guest niches and tailoring amenities and marketing efforts accordingly. By identifying and catering to niche markets such as anglers or luxury travelers, property owners can optimize guest satisfaction and attract lucrative bookings. Offering unique amenities and experiences further sets properties apart, positioning them as desirable destinations. Additionally, Mark suggests staying ahead of emerging trends, such as the rising popularity of electric vehicles, by installing amenities like EV chargers to gain a competitive edge. Overall, his advice underscores the fusion of technology-driven efficiency, targeted marketing, and niche specialization as key strategies for success in the rental property industry. Essential Highlights Here are a few key points from Mark’s podcast episode: The main thrust is leveraging technology and targeted marketing to drive direct bookings, while specializing your property’s offerings to attract your ideal, lucrative guest niche. Follow Mark on instagram YouTube and VRBO Transcription You want to exploit your niche, right? With some homes like for instance, if you’re on the waterway, you might have a home that’s specific to anglers, right? So you have a boat dock, maybe you have a fish cleaning station, you’ve got water electric, they could plug their boat into and wash their boat off, right? And you want to go and gravitate and market towards that market. Hey folks, welcome back to Direct Booking Simplified, where we break down the strategies and tactics to win in direct bookings. On today’s show, we have Mark Mancini. He’s a host of the VRBO Outstanding YouTube channel. He has several courses of his own and has been a host for 13 years. Today he’s going to walk us through some of the tactics that he uses to win direct bookings. So let’s bring him in. Hey, Mark, welcome to the show. Hi Gil. Thanks for having me. It’s it’s good to see you I’ve been following your your YouTube channel for for a little while now even in my early days before I got my my first acquisition There so what’s what’s new with you now? So right now we I have a little sabbatical. This weekend, I’m going back down to one of my rentals. We have a wedding this weekend. I’m flying down, flying back, and then I get a date of myself and then we’re driving down to spend two weeks down on the keys at our vacation rental, so we’re using it for recreational purposes at the end of the month. That’s awesome. That’s awesome. Before we get too deep, do you, do you want to give a, a listener’s a sense of who you are and what you do? My name is Mark Mancini. I’ve been in vacation rentals for over 13 years now. Entering my 13th year, I started off in the Myrtle beach area. I’ve since transitioned to the Florida Keys. Cause that’s where we plan to retire to. And I want to be somewhat close to where my vacation rentals are. Got a deep business background in it. Mostly I had a, an it company in Atlanta that I had for 15 years. I sold to publicly traded company. And one of the key things I learned, Gil you can’t run a company and grow it. And sell it to a NASDAQ traded company, unless you’ve got software that controls and runs your business. And that was something I did early on. And so when it came to vacation rentals, I did the exact same thing. Yeah. So how did that influence your, your vacation rentals? So you have to have. Some kind of unified tool. You don’t want to have disjointed pieces of information where you’re, you’re manually docu signing an RA, you’re manually doing security deposits, and you’re manually updating listings on different channels in all different places. You know, you want to have everything really ideally in one place. So if you update your pictures, if you need to change your calendar anything you do update your RA, you’re doing it, everything in one place. And it goes to every different aspect. And that’s what we did when I was a managed services provider. We had one piece of software that. I could remote into clients machines. I could push out the updates to antivirus. I could push out Windows updates defragment their computer, do a ticket right in one panel of the screen. And that’s what you know, a property management system allows you to do. And that’s why it’s so important when you do direct bookings. Got it. Got it. So you’re, you’re, you’re big on, on, on having a PMS. Early on in, in your, in your hosting journey. Yeah. I always tell people the best time to get a PNN PMS is when you want to start your business. I started with one property with my PMS. I’ve expanded now to two. Don’t really see a need to go anymore. Only because the two properties I have are