Introduction
When facing a product success metrics challenge related to bad press, it's crucial to approach the situation systematically and strategically. To address this issue effectively, I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders. This approach will help us identify the root causes of the negative press and develop a data-driven strategy to mitigate the impact and improve our product's performance.
Framework Overview
I'll follow a simple success metrics framework covering product context, success metrics hierarchy, and strategic initiatives to address the bad press situation.
Step 1
Product Context (5 minutes)
Let's consider a hypothetical scenario where we're dealing with bad press for a popular ride-sharing app. This app connects riders with drivers, offering on-demand transportation services in urban areas.
Key stakeholders and their motivations:
- Riders: Seeking convenient, affordable, and safe transportation
- Drivers: Looking for flexible work opportunities and fair compensation
- Company: Aiming to grow market share and achieve profitability
- Regulators: Ensuring public safety and fair business practices
User flow:
- Rider opens the app and requests a ride
- Nearby drivers receive the request and can choose to accept
- Once matched, the rider can track the driver's arrival
- The ride is completed, and payment is processed automatically
- Both rider and driver can rate each other
The product fits into the company's broader strategy of revolutionizing urban transportation and creating a sustainable gig economy platform. Compared to traditional taxi services, our app offers more convenience and transparency, but faces competition from other ride-sharing platforms.
Product Lifecycle Stage: Mature growth phase - the product has achieved significant market penetration but is facing increased scrutiny and competition.
Software-specific context:
- Platform: Native mobile apps (iOS and Android) with a web-based dashboard for drivers
- Integration points: Payment processors, mapping services, and background check providers
- Deployment model: Continuous integration/continuous deployment (CI/CD) with frequent updates
Subscribe to access the full answer
Monthly Plan
The perfect plan for PMs who are in the final leg of their interview preparation
$99.00 /month
- Access to 8,000+ PM Questions
- 10 AI resume reviews credits
- Access to company guides
- Basic email support
- Access to community Q&A
Yearly Plan
The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech
- Everything in monthly plan
- Priority queue for AI resume review
- Monthly/Weekly newsletters
- Access to premium features
- Priority response to requested question