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Product Management Metrics Question: Measuring host satisfaction on Airbnb's two-sided marketplace platform

How would you measure the satisfaction of hosts on Airbnb?

Product Success Metrics Medium Member-only
Metrics Analysis Stakeholder Management Product Strategy Travel Hospitality Sharing Economy
Product Metrics Marketplace User Satisfaction Airbnb Host Retention

Introduction

Measuring host satisfaction on Airbnb is crucial for the platform's success and sustainability. To approach this product success metrics problem effectively, I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Framework Overview

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

Step 1

Product Context

Airbnb's host-side platform is a critical component of their two-sided marketplace. Hosts are property owners or managers who list their spaces for short-term rentals. The platform provides tools for listing management, guest communication, pricing, and booking.

Key stakeholders include:

  • Hosts: Want to maximize income and minimize hassle
  • Guests: Seek unique, affordable accommodations
  • Airbnb: Aims to grow supply and maintain quality
  • Local communities: Concerned about housing impacts

User flow for hosts:

  1. Create listing: Hosts input property details, photos, and pricing
  2. Manage bookings: Respond to inquiries, confirm reservations
  3. Host guests: Prepare property, check-in, address issues
  4. Post-stay: Review guests, receive payment, maintain listing

Airbnb's strategy relies on host satisfaction to ensure a robust supply of diverse listings. Compared to competitors like Vrbo, Airbnb offers a broader range of property types and emphasizes the "live like a local" experience.

Product lifecycle stage: Mature, but with ongoing innovation in host tools and services to maintain competitive edge.

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