Introduction
To enhance Airbnb's Experiences feature and make it more appealing to locals, we need to understand the current landscape, user behavior, and pain points. I'll outline a strategic approach to address this challenge, focusing on user segmentation, pain point analysis, solution generation, and measurement.
Step 1
Clarifying Questions (5 mins)
Why it matters: This will help us understand the current adoption rate among locals and identify the growth potential. Expected answer: Currently, only 15% of Experience bookings are from locals. Impact on approach: A low percentage would indicate a significant opportunity for growth and would influence our targeting strategy.
Why it matters: This information will help us identify if we need to focus on increasing frequency or initial adoption among locals. Expected answer: Locals book Experiences once every 3-4 months, while tourists book 2-3 times during their trip. Impact on approach: If locals book less frequently, we might focus on increasing engagement and repeat usage.
Why it matters: This will help determine if we should focus on expanding features, optimizing existing ones, or completely reimagining the product for locals. Expected answer: Experiences is in a growth phase but starting to plateau in some markets. Impact on approach: A plateauing growth would suggest a need for both optimization and innovation to reignite local interest.
Why it matters: Ensures our solution aligns with overall company direction and leverages potential synergies. Expected answer: Airbnb is focusing on deepening community connections and diversifying beyond accommodation. Impact on approach: Would emphasize solutions that foster community engagement and complement Airbnb's core offerings.
Tip
At this point, you can ask interviewer to take a 1-minute break to organize your thoughts before diving into the next step.
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