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Product Management Strategy Question: Tradeshift mobile app development versus API capability enhancement tradeoff
Image of author vinay

Vinay

Updated Dec 3, 2024

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Should Tradeshift invest in developing a mobile app to increase user engagement or allocate resources to enhance our API capabilities for better system integrations?

Product Trade-Off Hard Member-only
Strategic Decision Making Data Analysis Stakeholder Management Supply Chain Management FinTech Enterprise Software
Product Strategy User Engagement Mobile App B2B SaaS API Development

Introduction

The trade-off we're considering is whether Tradeshift should invest in developing a mobile app to increase user engagement or allocate resources to enhance our API capabilities for better system integrations. This decision involves balancing user-facing improvements against backend infrastructure enhancements. I'll analyze this trade-off by examining our product ecosystem, potential impacts, key metrics, and experimental approaches to inform a strategic recommendation.

Analysis Approach

I'd like to start by asking a few clarifying questions to ensure we're aligned on the context and constraints of this decision. Then, I'll walk through a structured analysis framework to evaluate both options and provide a data-driven recommendation.

Step 1

Clarifying Questions (3 minutes)

  • Based on our current user base, I'm thinking mobile usage might be significant. Could you share what percentage of our users currently access Tradeshift via mobile devices?

Why it matters: Helps gauge potential impact and adoption of a mobile app Expected answer: 30-40% mobile usage Impact on approach: Higher mobile usage would strengthen the case for app development

  • Considering our revenue model, I assume API integrations play a crucial role. What percentage of our revenue is tied to customers using our API integrations?

Why it matters: Indicates the strategic importance of API capabilities Expected answer: 50-60% of revenue from API-integrated customers Impact on approach: Higher API-related revenue would prioritize API enhancements

  • Looking at user behavior, I'm curious about engagement patterns. What's our current average user session frequency and duration?

Why it matters: Helps identify engagement gaps that a mobile app could address Expected answer: 3-4 sessions per week, 15-20 minutes per session Impact on approach: Lower engagement might justify mobile app investment

  • Regarding our technical infrastructure, how scalable is our current API architecture?

Why it matters: Determines urgency of API enhancements Expected answer: Moderate scalability, approaching limits with current growth Impact on approach: Lower scalability would prioritize API improvements

  • Considering resource allocation, what's our current team composition between mobile and API developers?

Why it matters: Influences feasibility and timeline for each option Expected answer: 70% API developers, 30% mobile developers Impact on approach: Imbalance might affect development speed for chosen option

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