You are the Product Manager for the Meta food delivery app. What two goals would you discuss with higher executives regarding success?
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Clarifying question
- Considering the geography as India à Yes
- In India we do not have Meta food delivery app, so can I assume that we have recently launched this and need to know the success à Yes, go with it
- When you say higher executives, my assumption is top leadership who wants to know the efficacy of the food delivery app à Yes, that’s right
Meta vision
To bring communities together
Goal of the product – starting phase
- To onboard user and increase engagement
User Segments
1. Consumers – ordering food
2. Food partners (Restro, caffe, etc)
3. Secondary – delivery team
Food delivery is a market place wherein both consumers and food partners come together and creates a sustainable eco system. A healthy number of customers prompts the food partners and vice versa
I would think considering the revenue streams that we have for food partners such as swiggy, Zomato, food panda – Meta could be similar other choice and they do not have much resistance to join any platform
So, I would like to focus on the consumers as a segment
North star metrics
1. Weekly active users
a. # users ordering per week
b. # orders
Key metrics
1. % increase in active users
2. Total active users
3. % market share and growth
Above 3 is clubbed under user growth
4. Avg time from app open to cart
5. Cart abandoned rate
6. CTA fulfillment rate à clicking on offers tab, click on cuisine, etc
7. Notification open rate (%)
Above 4 points are clubbed under user experience and app navigation
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