An Airbnb pricing strategy is the set of rules that decide what each night is worth: base, minimum and maximum prices, seasons, events, minimum stays, gap nights, last-minute pricing, length-of-stay discounts and channel markups. The tool applies the rules; the strategy is what makes the tool worth having. Smart Pricing is not a strategy, because it optimizes for Airbnb's fill rate and knows nothing about your events or other channels.
What I plan around in London: Wimbledon in late June and July; West End, Premier League and Wembley events; Christmas markets and shopping; Year-round business travel. Guests I price for: International short-stay guests of 3 to 5 nights, families in summer, and corporate travellers in Zones 1 and 2. Where I start: Pricing within the 90-night annual limit, event-week premiums, and zone and transport-based base prices that benchmark against hotels as well as other rentals.
I set up pricing so short-stay nights go to the dates that earn the most, the rest of the calendar runs on monthly stays, and the tool stops offering short stays automatically once the allowance is reached for the year.
The service in general is described on my airbnb pricing strategy page; this page covers how I apply it in London.