Indietro
DPGO Review: From Our Team of Superhosts
Written by:
Jeremy Werden
November 11, 2024
⚡️
Scopri la redditività del tuo immobile in affitto
Acquista questa proprietà e inseriscila su Airbnb.
Dynamic pricing tools are pretty much a must for any serious short-term rental business owner. Our DPGO review today aims to help hosts and property managers decide whether it’s a tool that fits their needs or if they are better off using something else.
For transparency purposes, our go-to dynamic pricing tool has always been PriceLabs. However, we’re going to be objective going into our DPGO review. We’re mainly going to be talking about its features, pricing, and our general experience while using the tool. Hopefully, by the end of our review, we’ll have helped you make an informed decision.
Best DPGO Features and How Hosts Can Use Them for Their Airbnb
As a dynamic pricing tool, DPGO’s main features revolved around pricing customization, management, and optimization. Here are a few of their features, along with how they can be used to improve the prices of your vacation rental business.
AI-Driven Dynamic Pricing
At the core of the DPGO platform is an AI-driven dynamic pricing tool, using over 200 market data points and a variety of relevant factors. The system considers an incredible range of factors including local booking trends, competitor pricing, seasonal fluctuations, property amenities, location specifics, and even proximity to local services.
What sets this feature apart is its deep learning technology that continuously improves its recommendations. Unlike static pricing models, DPGO's AI adapts in real-time, ensuring hosts never miss an opportunity to maximize revenue. The software essentially acts as a 24/7 market analyst, tracking minute changes in demand, local events, and booking patterns that would be impossible for a human to monitor consistently. This helps hosts and property managers automate their price optimization process, reduce manual pricing adjustments, and ensure consistent revenue growth.
Personal Pricing Strategy
DPGO understands that every Airbnb host has unique business goals, which is why they've developed over 30 user input settings that provide granular control over pricing. Hosts can set precise baseline prices, maximum and minimum price limits, ensuring the software works within their specific financial parameters.
By setting maximum prices, hosts prevent dramatic rate fluctuations that might discourage potential guests. Minimum price settings ensure profitability, protecting hosts from accepting bookings that don't cover operational costs. This level of customization means hosts can leverage AI intelligence while maintaining complete strategic control.
Discount Management
DPGO's discount management feature is a sophisticated tool for increasing occupancy and attracting different types of guests. Hosts can create nuanced discount strategies that incentivize specific booking behaviors. The system allows for multiple discount types, including length-of-stay discounts, last-minute booking discounts, and weekend booking incentives, among others.
This feature transforms discounting from a manual, time-consuming process into an intelligent, automated strategy. Property managers can set complex discount rules that automatically adjust, saving hours of manual calendar management while potentially increasing overall revenue.
Weekend Pricing System
DPGO's Weekend Pricing System is a game-changing feature that transforms how hosts approach weekend bookings. Unlike traditional pricing models, this sophisticated tool offers four distinct pricing strategies tailored to different market approaches and host preferences. This feature includes four different standard strategic options:
- Recommended Strategy
- Conservative Approach
- Aggressive Strategy
- Custom Percentage Adjustments
These four approaches can help hosts find the best strategy for their rental market.
Seasonal Price Adjustments
DPGO's Seasonality feature is a powerful tool that enables hosts to anticipate and capitalize on market fluctuations throughout the year. The platform allows hosts to make strategic price modifications months in advance, ensuring maximum revenue potential during peak seasons.
Real-Time Market Data
DPGO's Real-Time Market Data feature is a tool that transforms how hosts can approach pricing strategy. Unlike traditional static pricing methods, this feature provides instantaneous updates based on live market conditions. The system continuously monitors over 200 market data points, ensuring hosts have the most current insights into local booking trends, demand fluctuations, and competitive pricing.
The true power of real-time market data lies in its ability to make split-second pricing adjustments. Hosts no longer need to manually track market changes or spend hours researching competitive rates. DPGO's intelligent system does the heavy lifting, automatically updating prices to maximize revenue potential. This makes it a fantastic price optimizers for very volatile markets.
Growth Performance Tracking
DPGO's Growth Performance Tracking is a comprehensive analytics suite that provides hosts with unprecedented visibility into their rental performance. The feature offers six different charting models, a unique listing health score, and 52-week pricing predictions that transform raw data into actionable insights. It’s a perfect fit for hosts and property managers who enjoy diving into the data and analyzing how they can continue to improve their processes.
It can be useful for identifying potential areas of improvement, understanding seasonal performance variations, making data-driven decisions, and optimizing pricing through data-based predictions.
Yield Management
This advanced feature uses deep learning technology to understand, predict, and influence customer booking behaviors, ultimately maximizing financial returns. It includes predicting customer booking patterns, analyzing complex market dynamics, and identifying optimal pricing windows that would’ve been difficult if you were to manually do them.
Flexible Booking Adjustments
DPGO's Flexible Booking Adjustments feature provides hosts with a huge amount of control control over their rental strategy. The platform combines dynamic pricing with comprehensive property management tools, allowing hosts to set detailed booking rules without constant manual intervention that automatically adjusts and optimizes the pricing for you.
This feature is particularly powerful for hosts managing multiple properties or those seeking to minimize manual booking management. By providing granular control with automated intelligence, DPGO ensures hosts can create sophisticated booking strategies with minimal effort.
DPGO Pricing: How Much Does DPGO Cost?
DPGO assists you in pricing your rental and optimizing your rates getting you more value. Now, this comes at a price. DPGO offers two different plans based on how you want to pay. The great part about it is that both plans offer the same features, so it’s really up to your preferred payment terms.
They have a Fixed plan where you play a flat $1 fee per night booked. It’s a pretty straightforward plan that could best serve vacation rentals without too many monthly bookings or those who are just starting out and getting their feet wet. There’s no limit to the number of bookings you get per month, and they’ll send you an invoice for the fees every two weeks.
DPGO also offers a monthly plan, which can be divided into a Flat Fee or Flexible subscriptions. The Flat Fee requires subscribers to pay $18 per listing per month to gain access to DPGO dynamic pricing. On the other hand, the Flexible fee is percentage-based, costing 0.5% of the booked price per listing. Both plans offer the same features. We think the Flat Fee plan is better for rentals with tons of monthly bookings or for those who have a high average daily rate (ADR). Conversely, the Flexible fee is perfect for hosts with lower ADRs.
One thing we think most hosts would come to love about DPGO is that it doesn’t charge any setup fees nor does it have any hidden charges. They also offer a generous 30-day free trial period that allows new users to fully play with the platform and see if it fits their needs.
DPGO User Experience
As seasoned Superhosts ourselves, we’ve dabbled in quite a few dynamic pricing tools like DPGO. From our experience, we think it’s one of the easier ones to set up and use, thanks to its straightforward integration with some of the most popular property management software in the industry. It integrates directly with the likes of iGMS, Hostfully, Guesty, Hospitable, and Hostaway, among others, making it easy to manage your pricing.
Once you’ve got your listings synched, you can instantly play around with the price settings. One of the things that made DPGO easy to use are its set pricing profiles Conservative, Recommended, Aggressive, and Fixed, allowing users to instantly set their base price within a click of a button. It aligns with different pricing strategies, and automatically gives you optimized pricing, without too much tinkering. While it’s easy to use, it might be a little lackluster for more seasoned hosts. We prefer to be more intricate when it comes to strategies, but we can definitely see the value of these profiles for some of the more inexperienced users.
The system is best summed-up by its 4-step process. You simply need to create a profile, connect your accounts, ideally through direct PMS integration, select your preferred strategy, and enable automation.
The platform also cleanly separates each function, for easier navigation. Minimum stays, gap nights, seasonality, and discount pricing are individually set. This makes it easier to absorb, especially for some of the newer hosts or property managers out there. However, advanced users who already know what each feature does, can instantly dive into the nitty and gritty details and make precise adjustments to their pricing strategies.
We highly recommend exploring the different features and functions that DPGO provides yourself. This is made easy through their 30-day free trial that requires no CC details. It’s a risk-free process and honestly doesn’t take too much time. You can also cancel it at any time if you ever feel like it isn’t the right platform for you.
DPGO Reviews From Across the Web
Now that you’ve heard our side, let’s take a look at the public’s view of DGPO and how satisfied they are with the platform. Taking into account other user’s reviews will allow us to get a more general feel for what you can expect if you decided to use DPGO for your business. It’s a bit more representative of the experience as a whole, regardless of who’s using it.
- Rasmus L. had this to say about DPGO: “I use DPGO together with iGMS and it has made my pricing so much better. I used to under charge customers and have very messy pricing. DPGO has made the process so much easier and better. Its best if you have many properties across different websites.”
- Samuel T. kept it short with this comment: “Great software - super easy to integrate and very powerful with lots of options. Its been a great solution for our team.”
- Anne M. claims this: “Its easy to access and easy to use. Thats good for those of us who live rural as the internet is a bit slower so its nice to be able to access the site quickly.”
Most of the reviews reflected our pleasant experience with DPGO. They had comments praising how easy DPGO was to integrate into their vacation rental business, along with how it improved their general pricing system. On the other side, some of the negative reviews comment about a few rare bugs and glitches regarding calendar synching, and some issues with reaching customer service at times.
Overall, it still seems that most users are happy with their usage of DPGO. This can also be seen in the solid 4.0/5 scores across different reputable review sites like Capterra, GetApp, and Software Advice.
Final Thoughts
Overall, we’d say that DPGO offers a little bit of both for beginners and veterans alike. The AI-driven pricing system, with deep learning functions, makes it a versatile solution for modern short-term rental management while making micro-adjustments that manual pricing methods might not be able to keep up with. It serves as a solid alternative and will likely make a great addition to most short-term rental businesses.
If you’re considering starting out your own Airbnb rental or just looking for a new addition to your portfolio, we suggest checking out our BNBCalc property analysis tool to give you an insight into properties on your radar. It can help you make data-driven decisions based on what active rentals are already earning, allowing you to get an idea of not only revenue but also expenses and paint a fuller picture of your potential investment.
⚡️
Scopri la redditività del tuo immobile in affitto
Acquista questa proprietà e inseriscila su Airbnb.