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Product Management Success Metrics Question: Evaluating Cabify's carpooling option performance

Asked at Cabify

12 mins

what metrics would you use to evaluate cabify's carpooling option?

Product Success Metrics Medium Member-only
Metric Definition Data Analysis Strategic Thinking Transportation Mobility Sharing Economy
Product Metrics User Acquisition Retention Ride-Sharing Performance Analysis

Introduction

Evaluating Cabify's carpooling option requires a comprehensive approach to product success metrics. To address this challenge effectively, I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders. This approach will help us gain a holistic view of the carpooling feature's performance and its impact on Cabify's overall business.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy.

Step 1

Product Context

Cabify's carpooling option is a feature within their ride-hailing app that allows multiple passengers traveling in similar directions to share a ride, reducing costs for riders and increasing efficiency for drivers. Key stakeholders include:

  1. Riders: Seeking affordable, convenient transportation
  2. Drivers: Looking to maximize earnings and efficiency
  3. Cabify: Aiming to increase market share and profitability
  4. Cities: Interested in reducing traffic congestion and emissions

The user flow typically involves:

  1. Rider requests a shared ride, inputting destination
  2. App matches rider with others going in a similar direction
  3. Driver picks up multiple passengers along an optimized route
  4. Passengers are dropped off at their respective destinations

This feature aligns with Cabify's broader strategy of offering diverse, sustainable transportation options while competing with other ride-sharing services like Uber Pool and Lyft Line. It's particularly relevant in dense urban areas with high traffic congestion.

In terms of product lifecycle, the carpooling option is likely in the growth stage, as ride-sharing companies continue to expand and refine their shared ride offerings.

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