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Product Management Analytics Question: Evaluating metrics for 99 Group's real estate agent recommendation system
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Nextsprints

Updated Jan 22, 2025

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What metrics would you use to evaluate 99 Group's agent recommendation system?

Product Success Metrics Medium Member-only
Metric Definition Data Analysis Product Strategy Real Estate PropTech Online Marketplaces
Product Analytics Performance Metrics Real Estate Tech User Matching AI Recommendations

Introduction

Evaluating 99 Group's agent recommendation system requires a comprehensive approach to product success metrics. To address this challenge 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 assess the system's performance, user satisfaction, and business impact.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy.

Step 1

Product Context

99 Group's agent recommendation system is a feature designed to match property seekers with the most suitable real estate agents based on their specific needs and preferences. This system plays a crucial role in the company's property marketplace platforms, which include 99.co, iProperty, and rumah123.

Key stakeholders include:

  1. Property seekers: Looking for reliable agents to assist with their property transactions
  2. Real estate agents: Seeking quality leads and opportunities to showcase their expertise
  3. 99 Group: Aiming to improve user experience, increase engagement, and generate revenue

User flow:

  1. Property seeker inputs search criteria and preferences
  2. System analyzes data and matches with suitable agents
  3. User reviews recommended agents and chooses to contact or request more options

The agent recommendation system aligns with 99 Group's broader strategy of creating a seamless, efficient property marketplace. It aims to differentiate the company from competitors by offering a more personalized and data-driven approach to agent-client matching.

Compared to competitors like PropertyGuru or EdgeProp, 99 Group's system likely emphasizes machine learning and AI to provide more accurate recommendations based on user behavior and historical data.

Product Lifecycle Stage: This feature is likely in the growth stage, with ongoing refinements and expansions to improve accuracy and user adoption.

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