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Product Management Metrics Question: Evaluating e-commerce platform's merchant onboarding success through key performance indicators

what metrics would you use to evaluate sky.garden's merchant onboarding process?

Product Success Metrics Medium Member-only
Metric Definition Funnel Analysis Stakeholder Management E-commerce Digital Marketplaces SaaS
E-Commerce Product Metrics User Onboarding Platform Growth Merchant Acquisition

Introduction

Evaluating sky.garden's merchant onboarding process 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 onboarding process'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

Sky.garden is an e-commerce platform that enables merchants in Africa to create online stores and sell their products digitally. The merchant onboarding process is a critical component of sky.garden's business model, as it directly impacts the platform's growth and ability to generate revenue.

Key stakeholders include:

  1. Merchants: Seeking an easy way to establish an online presence and reach more customers
  2. Sky.garden: Aiming to grow its merchant base and increase platform activity
  3. Customers: Looking for a diverse range of products from local sellers
  4. Investors: Interested in user growth and revenue potential

The onboarding flow typically involves several steps:

  1. Registration: Merchants provide basic information to create an account
  2. Store setup: Users customize their online storefront and add branding elements
  3. Product listing: Merchants upload product details, images, and pricing
  4. Payment integration: Setting up payment methods to receive funds
  5. Verification: Sky.garden may verify merchant credentials for trust and safety

Sky.garden competes with other e-commerce platforms in Africa, such as Jumia and Kilimall. Its unique selling proposition is its focus on empowering local merchants with easy-to-use tools for creating online stores.

In terms of product lifecycle, the merchant onboarding process is likely in the growth stage, as sky.garden continues to expand its presence in African markets and attract new sellers to the platform.

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