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Product Management Metrics Question: Defining success for Pluang's investment tracking feature
Image of author vinay

Vinay

Updated Nov 19, 2024

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Asked at Pluang

12 mins

how would you define the success of pluang's investment tracking functionality?

Product Success Metrics Medium Member-only
Metric Definition Stakeholder Analysis Data Interpretation Fintech Investment Management Personal Finance
User Engagement Product Metrics Fintech Data Analytics Investment Tracking

Introduction

Defining the success of Pluang's investment tracking functionality is crucial for evaluating its effectiveness and guiding future development. To approach this product success metrics problem effectively, I will follow a simple product success metric framework. I'll cover 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

Pluang's investment tracking functionality is a core feature of their financial management app, designed to help users monitor and analyze their investment portfolios. Key stakeholders include:

  1. Users: Primarily retail investors seeking to track their investments' performance
  2. Pluang: The company aiming to increase user engagement and retention
  3. Financial institutions: Partners providing investment data and services

The user flow typically involves:

  1. Onboarding: Users connect their investment accounts or manually input holdings
  2. Dashboard: Users view a summary of their portfolio performance
  3. Detailed analysis: Users can drill down into individual investments, asset classes, or time periods

This functionality aligns with Pluang's broader strategy of becoming a comprehensive financial management platform for Indonesian users. Compared to competitors like Bibit or Ajaib, Pluang's investment tracking aims to offer more detailed analytics and a wider range of asset classes.

In terms of product lifecycle, the investment tracking feature is likely in the growth stage, with ongoing refinements based on user feedback and market demands.

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