Introduction
Evaluating Audible's podcast streaming feature 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 gain a holistic understanding of the feature's performance and its impact on Audible's overall business.
Framework Overview
I'll follow a simple success metrics framework covering product context, success metrics hierarchy, and strategic initiatives.
Step 1
Product Context
Audible's podcast streaming feature allows users to access and listen to a wide range of podcasts directly within the Audible app. This feature expands Audible's offering beyond audiobooks, positioning it as a comprehensive audio content platform.
Key stakeholders include:
- Users: Seeking diverse audio content in one place
- Content creators: Looking for wider distribution and monetization
- Audible/Amazon: Aiming to increase user engagement and retention
- Advertisers: Interested in reaching targeted audiences
User flow:
- Browse/search for podcasts
- Select and play episodes
- Save favorites and manage subscriptions
- Discover new content through recommendations
This feature aligns with Audible's strategy to become a one-stop destination for audio content, competing with platforms like Spotify and Apple Podcasts. It's likely in the growth stage of its lifecycle, focusing on user acquisition and engagement.
As a software product, key considerations include:
- Integration with Audible's existing infrastructure
- Content delivery network optimization
- Cross-platform compatibility (iOS, Android, web)
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