A new A/B test has made the number of Facebook Events created go up 5%, but the RSVP rate is down 5%. What would you do next?

Thank you for providing such a comprehensive framework for addressing this product strategy question. I'll structure my response according to the guidelines you've outlined, focusing on the specific question at hand while demonstrating strategic thinking and leadership. Here's my response:

Introduction

The strategic problem we're facing is a trade-off between increased event creation and decreased RSVP rates on Facebook Events. Our key business objective is to optimize the overall engagement and value of the Events feature for users and event organizers. In my response, I'll outline a strategic approach to analyze this situation, identify potential causes, and develop a plan to improve both metrics simultaneously.

Step 1

Clarify the Strategic Goals (3-4 minutes)

To address this situation effectively, we need to clarify several key points:

• Primary Objective: Is our goal to maximize event creation, event attendance, or overall platform engagement?

• Product Lifecycle Stage: Where does the Events feature stand in its lifecycle, and how does this impact our strategy?

• Customer Segments: Who are the primary users of Events, and how do their needs differ (e.g., event creators vs. attendees)?

• Market Context: Are there any external factors or competitive pressures influencing event creation and attendance?

• Resource Constraints: What limitations do we face in terms of development resources or potential feature changes?

Let me provide hypothetical answers to frame our discussion:

• Primary Objective: Our goal is to increase overall engagement with Events, balancing creation and attendance to foster meaningful connections.
• Product Lifecycle Stage: Events is a mature feature, so we're focusing on optimization and innovation to maintain relevance.
• Customer Segments: We're targeting both event organizers (who create events) and potential attendees (who RSVP and attend).
• Market Context: We're seeing increased competition from specialized event platforms and changes in how people socialize post-pandemic.
• Resource Constraints: We have a dedicated Events team but need to prioritize impactful changes due to competing platform priorities.

These assumptions will guide our strategic approach as we dive deeper into the analysis.