Student pricing is available for eligible university email holders. View plans

NextSprints
NextSprints Icon NextSprints Logo
Product Design

Master the art of designing products

Product Improvement

Identify scope for excellence

Product Success Metrics

Learn how to define success of product

Product Root Cause Analysis

Ace root cause problem solving

Product Trade-Off

Navigate trade-offs decisions like a pro

All Questions

Explore all questions

Meta (Facebook) PM Interview Course

Practice Meta-focused PM cases

Amazon PM Interview Course

Practice Amazon-focused PM cases

Apple PM Interview Course

Practice Apple-focused PM cases

Google PM Interview Course

Practice Google-focused PM cases

Microsoft PM Interview Course

Practice Microsoft-focused PM cases

All Courses

Explore all courses

1:1 PM Coaching

Practice in a one-to-one session

Resume Review

Narrate impactful stories via resume

Guides Pricing
nextsprints logo

Not a member?

By proceeding, you agree to our Terms of Use and confirm you have read our Privacy and Cookie Statement.

nextsprints logo

Register to continue.

Login with Google Login with LinkedIn

By proceeding, you agree to our Terms of Use and confirm you have read our Privacy and Cookie Statement .

Company focus

Otis
Product Success Metrics Medium Member-only

How would you define the success of Otis's eView digital display for elevators?

Prepared by NextSprints

12 mins
Report an error
Metric Definition Stakeholder Analysis Product Strategy elevator manufacturing smart buildings digital advertising Product Analytics Success Metrics IoT Digital Signage Elevator Technology
Product Management Analytics Question: Defining success metrics for Otis eView digital displays in elevators

Introduction

Defining the success of Otis's eView digital display for elevators requires a comprehensive approach that considers multiple stakeholders and metrics. To address this product success metrics challenge effectively, I'll follow a structured framework covering core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Framework Overview

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

Step 1

Product Context

Otis's eView is a digital display system designed for elevators, providing real-time information and interactive content to passengers. Key stakeholders include:

  1. Elevator passengers: Seeking information and entertainment during their ride
  2. Building owners/managers: Looking to enhance property value and tenant experience
  3. Otis: Aiming to differentiate their elevator offerings and generate additional revenue
  4. Advertisers: Interested in reaching a captive audience

The user flow typically involves:

  1. Entering the elevator and noticing the display
  2. Viewing information or interacting with content during the ride
  3. Potentially taking action based on displayed information (e.g., visiting an advertised store)

eView fits into Otis's broader strategy of modernizing elevator experiences and creating new revenue streams. Compared to competitors like ThyssenKrupp's TWIN system, eView focuses more on passenger engagement and less on operational efficiency.

In terms of product lifecycle, eView is likely in the growth stage, with increasing adoption but still room for feature expansion and market penetration.

Hardware considerations:

  • Display durability and quality in elevator environments
  • Integration with existing elevator control systems
  • Regular maintenance and updates

Subscribe to access the full answer

Image of author NextSprints

NextSprints

Updated Jan 22, 2025