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 Memphis: Memphis in May and Beale Street Music Festival; Elvis Week at Graceland; Grizzlies season and FedEx corporate travel; Blues and barbecue tourism. Guests I price for: Music and cultural travellers on 2 to 3 night stays, corporate guests midweek. Where I start: Festival premiums, corporate midweek rates, and winter floors.
For Memphis hosts I set up PriceLabs or Wheelhouse with Memphis in May, Elvis Week and autumn football dates, weekday rules for FedEx and hospital visitors, and weekly options for medical families, priced against homes in the same part of the city.
The service in general is described on my airbnb pricing strategy page; this page covers how I apply it in Memphis.