You are the Product Manager of Ads Business at eBay. There are 3 projects for 2021, two are integration with external partners, and one is platform vision (internal). How would you plan the roadmap for 2021?
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I will answer this as a product roadmap qn. Since there are no details provided about the three projects. I have made assumptions on their scope
Step 1: Examine current state of product
Ad spend is shifting from search engine to social networks to ecommerce platforms viewing online retailers as a promising new channel to reach relevant and attractive consumers
Type of ads:
First party ads- Promoted listings, attract buyers to best items. 800,000 sellers support 200 Mn listings
Third party ads- Redirect user away from ebay to advertisers page
Step 2: Product vision
Empower people and create economic oppurtunities
Step 3: Short term goal
Increase ad revenue from first party listings in tandem with listed product sales
Step 5: Long term goal
Programmable advertising to drive third party ads
Step 6: Select metrics
For short term goals:
- # Daily Active Users(DAU)
- Ad exposures on listed products
-Click through rate(CTR) for listed products
For long term goals:
-Ad exposures
- Ad clicks
- Ad clicks resulting in sales
Step 7: Identified User Groups( Not Relevant)
Step 8: Feature set
- Ad display dynamically changes with user profile(vision project)
- Ad length is determined by the duration of time spent on site(vision project)
- Ad recommendation engine is based on third party data interactions(external partner project)
- Product Dynamic pricing as part of ad playout(vision project)
- Focus on cookieless advertising( external partner project)
- Real time bidding for ads(external partner project)
- Influencer marketing(external partner project)
- Inclusive and ecofriendly content(vision project)
Step 9: Prioritization of feature set:
Features | Implementation Effort | Increase in Competitiveness | Revenue | Relevance to company strategy | Group |
Ad display dynamically changes with user profile(vision project) | M | H | H | H | 1 |
Ad length is determined by the duration of time spent on site(vision project) | M | M | M | M | 4 |
Ad recommendation engine is based on third party data interactions(external partner project) | H | H | H | H | 3 |
Product Dynamic pricing as part of ad playout(vision project) | M | H | H | H | 2 |
Focus on cookieless advertising( external partner project) | H | H | H | H | 3 |
Real time bidding for ads(external partner project) | H | H | H | M | 4 |
Influencer marketing(external partner project) | M | H | H | H | 1 |
Inclusive and ecofriendly content(vision project) | L | H | H | H | 1 |
Step 10: Timelines for the roadmap:
Group 1 - 1-3 months
Group 2-4-6 months
Group 3- 7-9 months
Group 4- 10-12 months
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