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Product Management Analytics Question: Evaluating metrics for BigBasket's subscription-based delivery program

what metrics would you use to evaluate bigbasket's subscription-based delivery program?

Product Success Metrics Medium Member-only
Metric Analysis Strategic Thinking Data Interpretation E-commerce Grocery Delivery Subscription Services
Product Analytics Customer Retention Revenue Growth Subscription Metrics E-Grocery

Introduction

Evaluating BigBasket's subscription-based delivery program 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 view of the program's performance and identify areas for improvement.

Framework Overview

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

Step 1

Product Context

BigBasket's subscription-based delivery program is likely designed to increase customer loyalty and provide a consistent revenue stream. The program probably offers benefits like free delivery, priority slots, or discounts on frequent purchases to incentivize customers to subscribe.

Key stakeholders include:

  1. Customers: Seeking convenience and value
  2. BigBasket: Aiming for customer retention and predictable revenue
  3. Delivery partners: Concerned with consistent work and efficient routes
  4. Suppliers: Interested in demand predictability

User flow:

  1. Sign up: Customers choose a subscription plan
  2. Shop: Subscribers browse and add items to their cart
  3. Checkout: They select a delivery slot (potentially with priority access)
  4. Delivery: Orders are fulfilled and delivered according to the chosen slot

This program fits into BigBasket's broader strategy of building a loyal customer base and differentiating itself in the competitive online grocery market. Compared to competitors like Amazon Fresh or Grofers, BigBasket's program might offer more flexible delivery options or a wider product range.

In terms of product lifecycle, the subscription program is likely in the growth or early maturity stage, as online grocery delivery has gained significant traction, especially post-pandemic.

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