Maximise:
Output Metric
Customer Lifetime Value
D1, D3, D7, D30 Retention
(using)
Input Metrics
PDP Page Conversion (% of clicks on PDP / DAU)
Immediate Priority is to:
finding which sub-component of Time Spent on App correlates strongest with Retention & Transactions: by sub-section: is it time spent on Home Feed, Profile Feed, Wishlist section, etc.? by format: live, short video, memes, etc. by source: supplier videos, AI videos, standalone creator videos, YouTube scraped videos by theme: storytelling video, product demo video, etc. size of PDP, color, layout, etc. can a re-designed wish-list section correlate well with our output metrics? notifications & gamified loops on: category (you’re looking at Home Decor only) gender (you’re looking at Men’s Apparel only) sub-category (you’re looking at traditional women’s wear only)
Track 1: experiments on smaller optimisations
small, incremental changes Track 2: re-imagining the core experience with changes in value prop
Track 3: re-examine the assumptions we have taken in Track 1 and Track 2
how do we fit in subjective feedback? run experiments on a clearer, newly acquired user cohort
Things to do: (non-prioritised)
In rule-based logic, put product-tagged content above non-product tagged DS & Personalization-related work Wishlist becoming something more than a standalone feature - but a core value prop of app Wishlist as a way to know more than about the user, as a way for the user to showcase their taste, as a way for trending products to emerge provides unique differentiation in user’s mind, helps us target user better, activates social growth loops, wish-list and repeated targeting on it gradually wears down the barrier to purchase Retention Loops - wishlist updates Notifications Tab & In-App Notifications (use MoEngage built) Modelling a particular product (Sensetime SDK etc) Urgency/Persuasion Elements on PDP Price Drop on wishlisted products/posts Keep everything organized in one place and open up rabbithole of further products Widget Types that break the feed monotony Bot: "Show me a quirky look" that leads to an LLM flow Productizing the content formats that work Automation of non-negotiable Ops work like Product Tagging Enabling some constructs (like affiliate product tagging) to enable US iOS app L2 page for when you tap onto a video Ability to tag multiple products
Some notes on how we’ll work:
Extreme Speed & Iteration Rate (especially for Track 1)
This pod will move very fast and break many things. It will make many MVPs, release fast, and scrap many MVPs too.
Find new ways to prototype fast (especially for Track 2)
It will also try to release no-code variants: We have figured a way to embed analytics onto Framer (a design prototyping tool). This allows us to release hard-coded MVPs with no Engg effort. We can release a Framer Web Page that showcases a brand-new experience Run Facebook Ads to get 100 (some statistically significant number) users on the page Assess feed depth, time spent, and PDP visits, on the page
Very manual version of the vision → figuring PMF signs → then automate/scale
Analytics
We will also study all correlations separately.(example: we expect that there might be content types that correlate strongly with Transactions but moderately with Retention - or vice versa).