How did Airbnb conquer its first 1000 customers?
How did Airbnb conquer its first 1000 customers?
inception-and-idea
The Birth of an Idea
In 2007, unable to afford their San Francisco apartment's rent, designers Brian Chesky and Joe Gebbia decided to transform their loft into a lodging space, creating a simple website with images of their space.
launch-and-evolution
Their first renters paved the way to international inquiries for listings in places like Buenos Aires, London, and Japan. This led to the international expansion of Airbnb.
funding-and-struggles
Despite initial resistance and funding struggles, Airbnb managed to secure funding from Y Combinator and Sequoia Capital among others. The founders also ran a special edition cereal campaign to raise funds.
innovative-growth-strategies
Airbnb cleverly integrated Craigslist platform to attract a large user base and also adopted "black hat" techniques like email harvesting for rapid expansion.
taking-win-to-global-scale
Airbnb’s international growth comprised sending teams physically into new markets and utilizing Facebook ads. This helped them tap into new regions, receive valuable real-time market feedback, and gain accelerated growth.