Introduction
SeatGeek's 30% increase in refund requests for concert tickets over the past two weeks signals a significant shift in customer behavior that demands immediate attention. To address this issue, I'll employ a systematic approach to identify, validate, and resolve the root cause while considering both short-term fixes and long-term strategic implications.
This analysis follows a structured approach covering issue identification, hypothesis generation, validation, and solution development.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Event cancellations could explain the surge in refund requests. Expected answer: Information about recent cancellations or lack thereof. Impact on approach: If confirmed, we'd focus on improving cancellation communication and refund processes.
Why it matters: Recent changes could have unintended consequences on user behavior. Expected answer: Details of recent updates or confirmation of no significant changes. Impact on approach: If changes occurred, we'd investigate their direct impact on refund requests.
Why it matters: Helps identify if the issue is global or specific to certain segments. Expected answer: Breakdown of refund requests by ticket type or price range. Impact on approach: Segmented data would allow for more targeted solutions.
Why it matters: Economic factors could influence ticket purchasing and refund behavior. Expected answer: Information on relevant economic events or trends. Impact on approach: If external factors are significant, we'd need to consider broader market strategies.
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