Introduction
Defining the success of Wasoko's digital ordering platform is crucial for evaluating its impact and guiding future development. To approach this product success metrics problem effectively, I'll follow a structured framework that covers 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, and strategic initiatives.
Step 1
Product Context
Wasoko's digital ordering platform is a B2B e-commerce solution designed to connect informal retailers in Africa with suppliers, streamlining the ordering process for essential goods. Key stakeholders include:
- Informal retailers (primary users)
- Suppliers and manufacturers
- Wasoko (platform owner)
- Delivery partners
The user flow typically involves retailers browsing products, placing orders, and receiving deliveries. Suppliers fulfill orders through Wasoko's logistics network.
This platform aligns with Wasoko's broader strategy of digitizing and optimizing Africa's informal retail sector. Compared to competitors like Twiga Foods, Wasoko emphasizes a wider product range and more robust logistics capabilities.
In terms of product lifecycle, the digital ordering platform is in the growth stage, having established product-market fit and now focusing on scaling and optimizing operations.
As a software product, key considerations include:
- Platform: Mobile-first web application
- Integration: ERP systems, payment gateways, logistics APIs
- Deployment: Cloud-based with offline capabilities for low-connectivity areas
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