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Product Management Analytics Question: Measuring success of Lyft Shuttle ride-sharing service

Asked at Swiggy

12 mins

How would you measure the success of Lyft Shuttle?

Product Success Metrics Medium Member-only
Data Analysis Metric Definition Strategic Thinking Transportation Urban Mobility Technology
Product Analytics User Retention Success Metrics Ride-Sharing Operational Efficiency

Introduction

Measuring the success of Lyft Shuttle requires a comprehensive approach that considers multiple stakeholders and metrics. To effectively evaluate this product, I'll follow a structured framework covering 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

Lyft Shuttle is a fixed-route, fixed-fare shared ride service offered by Lyft in select urban areas. It aims to provide a more affordable and predictable alternative to traditional Lyft rides, particularly for commuters and regular travelers.

Key stakeholders include:

  1. Riders: Seeking affordable, reliable transportation
  2. Drivers: Looking for consistent work and income
  3. Lyft: Aiming to expand market share and increase profitability
  4. City officials: Interested in reducing traffic congestion and emissions

User flow:

  1. Riders open the Lyft app and select the Shuttle option
  2. They choose a pickup and drop-off point along predetermined routes
  3. Users walk to the designated pickup point and board the shuttle
  4. The shuttle follows a fixed route, making stops along the way
  5. Riders disembark at their chosen stop

Lyft Shuttle fits into the company's broader strategy of diversifying its transportation offerings and capturing a larger share of the urban mobility market. It competes with public transit, traditional bus services, and other ride-sharing options.

In terms of the product lifecycle, Lyft Shuttle is in the growth stage, having moved past initial testing and now expanding to more cities and routes.

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