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Product Management Metrics Question: Defining success for Lazada's product recommendation system

Asked at Lazada

15 mins

how would you define the success of lazada's seller onboarding process?

Product Success Metrics Medium Member-only
Metric Definition Stakeholder Analysis Strategic Thinking E-commerce Retail Technology
E-Commerce Success Metrics Seller Acquisition Marketplace Growth Lazada

Introduction

Defining the success of Lazada's seller onboarding process is crucial for optimizing the platform's growth and seller satisfaction. To approach this product success metric 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, and strategic initiatives.

Step 1

Product Context

Lazada's seller onboarding process is a critical component of their e-commerce marketplace, designed to efficiently bring new merchants onto the platform. Key stakeholders include:

  1. Sellers: Seeking a smooth, quick process to start selling
  2. Lazada: Aiming to grow the seller base while maintaining quality
  3. Buyers: Expecting a diverse, reliable selection of products
  4. Lazada's operations team: Managing the onboarding workflow

The user flow typically involves:

  1. Registration: Sellers provide basic information and verify their identity
  2. Store setup: Creating a storefront, adding product listings, and setting prices
  3. Verification: Lazada reviews seller information and product listings
  4. Training: Sellers complete required courses on platform policies and best practices
  5. Activation: Seller account goes live on the marketplace

This process is crucial to Lazada's broader strategy of expanding its marketplace and competing with regional rivals like Shopee and Tokopedia. Compared to competitors, Lazada aims to balance speed of onboarding with quality control to ensure a positive buyer experience.

In terms of product lifecycle, the seller onboarding process is in the growth stage, with ongoing refinements to improve efficiency and scalability.

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