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.
At this point, you can ask interviewer to take a 1-minute break to organize your thoughts before diving into the next step.
Practice similar questions
Subscribe to access the full answer
The perfect plan for PMs who are in the final leg of their interview preparation
- Access to the complete PM question library
- 10 AI resume reviews credits
- Access to company guides
- Basic email support
- Access to community Q&A
Preparation tools and student pricing for eligible university email holders
- Everything in monthly plan
- Access to company guides
- Access to premium newsletter
- Early access to new questions
- Early access to new features