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Product Management Metrics Question: Analyzing key performance indicators after negative publicity
Image of author vinay

Vinay

Updated Nov 29, 2024

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Asked at NBC

12 mins

You have received bad press about our product. What is the first set of metrics that you would review?

Product Success Metrics Medium Member-only
Data Analysis Crisis Management Strategic Thinking Technology Transportation Social Media
Metrics Analysis Data-Driven Decision Making Crisis Management Product Performance

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:

  1. Rider opens the app and requests a ride
  2. Nearby drivers receive the request and can choose to accept
  3. Once matched, the rider can track the driver's arrival
  4. The ride is completed, and payment is processed automatically
  5. 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

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