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:
- Riders: Seeking affordable, reliable transportation
- Drivers: Looking for consistent work and income
- Lyft: Aiming to expand market share and increase profitability
- City officials: Interested in reducing traffic congestion and emissions
User flow:
- Riders open the Lyft app and select the Shuttle option
- They choose a pickup and drop-off point along predetermined routes
- Users walk to the designated pickup point and board the shuttle
- The shuttle follows a fixed route, making stops along the way
- 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.
Subscribe to access the full answer
Monthly Plan
The perfect plan for PMs who are in the final leg of their interview preparation
$99 /month
- Access to 8,000+ PM Questions
- 10 AI resume reviews credits
- Access to company guides
- Basic email support
- Access to community Q&A
Yearly Plan
The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech
$99 $33 /month
- Everything in monthly plan
- Priority queue for AI resume review
- Monthly/Weekly newsletters
- Access to premium features
- Priority response to requested question