Why would I want to set a low Minimum Price if Beyond Pricing is supposed to make me more money and not less?
Our goal is absolutely to make you more revenue! Our price recommendations will always suggest the highest nightly rate that our algorithm believes you can still get. This means increasing prices above your base rate during periods of high demand and decreasing prices below your base rate during periods of low demand.
Decreasing prices below your base rate during low demand periods maximizes your chances of still getting booked (and making some money) rather than having your listing sit empty and making no money at all. If you’re not comfortable with the lower rates though, you’re always welcome to set a higher minimum price that we will never go below.