Introduction
The unexpected 25% decline in hotel bookings generated through Sojern's metasearch marketing solutions this quarter is a critical issue that demands immediate attention. To address this problem, I'll employ a systematic approach to identify, validate, and resolve the root cause while considering both short-term and long-term implications for our product and business.
This analysis follows a structured approach covering issue identification, hypothesis generation, validation, and solution development.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Changes in our core technology could directly impact booking performance. Expected answer: Information about recent system updates or lack thereof. Impact on approach: If there were changes, we'd focus on those; if not, we'd look elsewhere.
Why it matters: Helps identify if the issue is systemic or localized to certain areas or partners. Expected answer: Breakdown of decline across different segments. Impact on approach: Targeted investigation on heavily affected segments if non-uniform.
Why it matters: External market forces could explain the decline independent of our product. Expected answer: Information on market trends or competitor actions. Impact on approach: If external factors are significant, we'd need to adapt our strategy accordingly.
Why it matters: Changes in user behavior could indicate issues with our product or shifts in consumer preferences. Expected answer: Data on user engagement and conversion rates. Impact on approach: Significant changes would lead us to focus on user experience and product features.
Why it matters: Ensures we're dealing with a real decline and not a measurement issue. Expected answer: Confirmation of consistent tracking and reporting methods. Impact on approach: If there are discrepancies, we'd need to address data accuracy before proceeding.
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