Anyone trying the promoted space bidding thing that Peerspace is offering?
The minimum bids for the keywords that would be most beneficial to me are running $500 - $900 per month. I realize that these are for highly qualified leads as the customer is actively searching on Peerspace vs a random query on Google, but that seems excessive… and it’s not even the winning amount.
Without a reporting dashboard, I think $1200 (or whatever the winning amount is) in IG or Google ads is money better spent, but I’m open to be convinced otherwise. Looking for feedback from others.
I did it in June and got 701 views (42 in May). Not.one.booking. Never again. I should have spent my money on social media or Google ads. Very disappointed.
Hi everyone – Thank you all for taking the time to share your experiences and perspectives—we truly value your candid feedback. With this being a newer feature, your input is incredibly helpful as we continue to evaluate and improve it.
@Geoffrey_B & @Kevin_B – We hear your concerns about minimum bids, visibility into performance, and the value proposition of promoted spaces compared to other marketing options. These are all valid points. While promoted spaces are still in the early stages, we’re actively collecting feedback like yours to help shape how we improve transparency and ensure hosts feel confident in the return on their investment.
@Megan_C1 – Thank you for sharing your experience. We appreciate your honesty and understand how frustrating it must feel when increased visibility doesn’t lead to bookings. One of our team members will be reaching out to you directly to review your results and provide some tailored recommendations. Our goal is to ensure promotions lead to meaningful outcomes, and we’d love to work with you to identify what might not have clicked this time and how we can support your success moving forward.
We’ll continue listening and adapting, and we really appreciate your continued partnership as we work to build tools that support your growth and success. If you’ve tried the feature and have additional thoughts, please keep them coming—either here in the forum or by reaching out to our Support team directly. We’re here and paying close attention!
Agree. The only analytics I have is views really. I wish I’d done more homework - like email subscriber numbers, open rate, search metrics, my area, etc
I think you made the right call. From my experience, the only categories really worth spending money on for promos are Video Studio and Photo Studio.
For example, last month (July) I spent $600 and “won” the Music Video Studio category — which is exactly what my studio specializes in — and I saw zero difference compared to other months. In fact, last year was even better without paying for promos.
From what I’ve seen, if people are looking for a production space, they almost always search for “Photo Studio” or “Video Studio.” If it’s other types of activities, then yes, those have their own relevant categories. But for production studios, these two are the only ones that make sense to target.
We have multiple spaces and have been hard at work 7 days a week for the past 8 years. The only way to bookings is dedicating your life to it. Sounds funny, but I’m not kidding. It’s a full time job 7 days a week. As far as paying for your listing to be at the top of the list… well we see that as more of a loss for Peerspace itself allowing spaces that might not be top tier, or top tier ran at the top of the suggested listings. Thats like a travel agent suggesting their less desirable vacations, or destinations with very little review feedback to a customer and still hoping they come back for more after said customer comes home from that vacation. We feel you get one chance with a guest. If you rent a space that isn’t quite ready for whatever is coming its way (and you often never know what’s actually coming through your door) then they won’t come back. Like any business, returning customers is key and the exact same goes for Peerspace itself… you get one chance to make a good impression with what you offer, what are you going to offer? Peerspace may make a little on the back end with bidding, but ultimately it can devalue their platform.
Hi everyone – thank you for continuing to share your perspectives on the Promoted by Host program. We know this is a sensitive topic, and we genuinely value the candid feedback.
A few things we’d like to clarify:
Why this program exists. In past surveys, many hosts shared that they were interested in a way to gain more visibility directly on Peerspace. That feedback was a key factor in creating the Promoted by Host program, and the majority of participating hosts so far have seen success through the program.
Limited placements by design. We intentionally keep the number of promoted placements small so that when a listing wins, it truly benefits from increased visibility rather than competing in an overcrowded ad space.
Performance transparency. When a host wins a placement, we send performance stats (like views and engagement) directly to that host. We hear the feedback that broader transparency into bidding and outcomes would help build confidence, and we’re actively working on ways to improve.
Return on investment. We review all Promoted by Host winning bids, and while many hosts have seen success with the program, we recognize that increased exposure doesn’t always lead to immediate bookings, and that can be frustrating. The increased visibility gives your listing the best chance to connect with the right guests, but results can vary based on factors like pricing, photos, and guest needs.
Promoted by Host is an optional program, and we know it may not make sense for every host’s business. For those who do participate, our goal is to ensure it creates meaningful opportunities, and as with all new features, we rely on host feedback to improve the experience. If you’d like to learn more, here’s a full overview: Promoted by Host Program. If you have further questions, you can reach out to hosts@peerspace.com
Why are ‘views’ (view counts) not available to every Host when logged in? Can’t be that tricky to just share with Hosts what Peerspace already has in its hand (view counts). Silly.
We can’t even get analytical data about our actual bookings here on Peerspace. Like, I can’t export a report that tells me what our busiest days are or what backdrops/add-ons have been purchased the most. Kinda stingy with the data. lol
I agree that for the percentage of fees taken we should have better reporting. However, it seems unlikely that Peerspace is gathering detailed reporting on add-on sales. Wouldn’t it be easy to simply make a list of items you put out for clients?
I don’t run equipment through Peerspace since the margins are so tight. If I adjust my price up to cover the 18% I lose in fees, most professional clients just order EQ from a rental house and save themselves hundreds while costing me thousands.
