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Product Management Analytics Question: Measuring success of Hopin's virtual event hosting feature with key metrics
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Vinay

Updated Nov 28, 2024

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Asked at Hopin

12 mins

how would you measure the success of hopin's virtual event hosting feature?

Product Success Metrics Medium Member-only
Metric Definition Stakeholder Analysis Data Interpretation Event Technology SaaS Digital Marketing
Product Analytics Engagement Metrics SaaS Virtual Events Hopin

Introduction

Measuring the success of Hopin's virtual event hosting feature requires a comprehensive approach that considers multiple stakeholders and metrics. To effectively evaluate this product, 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

Hopin's virtual event hosting feature is a core component of their online events platform, enabling organizations to create and manage virtual conferences, trade shows, and networking events. Key stakeholders include event organizers, attendees, sponsors, and Hopin itself.

The user flow typically involves:

  1. Event creation and customization by organizers
  2. Attendee registration and platform access
  3. Participation in various event components (sessions, networking, expo)
  4. Post-event follow-up and analytics

This feature is central to Hopin's strategy of becoming the go-to platform for virtual and hybrid events. Competitors like Zoom Events and Eventbrite have similar offerings, but Hopin differentiates through its focus on engagement and networking features.

In terms of product lifecycle, the virtual event hosting feature is in the growth stage, with rapid adoption accelerated by the pandemic and ongoing demand for flexible event solutions.

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