Introduction
Measuring the success of Rappi's core feature is crucial for understanding the product's performance and guiding strategic decisions. To approach this product success metrics problem effectively, I will follow a simple product success metric framework. I'll cover 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
Rappi's core feature is its on-demand delivery service, connecting users with local businesses and couriers to facilitate quick and convenient deliveries of various items, including food, groceries, and other goods.
Key stakeholders include:
- Users: Seeking convenience and quick delivery of goods
- Businesses: Looking to expand their customer base and increase sales
- Couriers: Seeking flexible income opportunities
- Rappi: Aiming to grow its user base, increase transactions, and achieve profitability
User flow:
- User opens the app and browses available items or restaurants
- User selects items and places an order
- A nearby courier accepts the order and picks up the items
- Courier delivers the items to the user's specified location
Rappi's core feature aligns with the company's broader strategy of becoming the go-to super-app for Latin America, offering a wide range of services beyond just delivery.
Compared to competitors like Uber Eats or DoorDash, Rappi differentiates itself by offering a wider range of products and services, including financial services and grocery delivery.
Product Lifecycle Stage: Growth stage - Rappi is rapidly expanding its user base and geographic presence, but still faces challenges in achieving profitability and market dominance.
Software-specific context:
- Platform: Mobile-first application available on iOS and Android
- Integration points: Payment gateways, mapping services, business inventory systems
- Deployment model: Cloud-based with frequent updates and feature releases
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