Product Teardown: - Sarvesh Lanke and Shivam Kedia
Product Teardown: - Sarvesh Lanke and Shivam Kedia
Teardown
Goals:
❖ Improve retention and engagement for end customers
Principles to focus:
❖ App engagement helps retain customers and drive them towards repeat purchases
.
❖ App engagement helps increase revenue and the LTV (lifetime value) of a customer.
❖ Engagement and Retention serve as primary metrics to define the growth of an app.
❖ Improved Engagement and Retention implies a better user experience.
Methodology
Defining core problem
Increasing retention→ Increasing frequency of visits and decreasing churn rate → Exploring users
primary problems for dropping off→ Defining product improvements for those features.
❖ Conducted secondary research through several play store reviews, facebook groups, youtube
videos
❖ Conducted user interviews (5 users)
Anita Goals Pain points
❖ To buy cheap and reliable
❖ Hesitates to purchase due to
products
➢ Poor product quality for
first order
❖ To find relevant products for her
daily needs, outdoor activities
➢ Long time taken to process
and special occasions
return request
Lives in:Bhagalpur,Bihar
Ease
Price Quality Of
Household Income level: Ordering
50000-80000/month
Problem discovery
Quality issues
❖ The existing system does not depict proof of product quality appropriately.
❖ The user is unable to get any additional information about poor product quality except the rating (It is hard to
scroll through all the reviews and find the negative ones).
❖ The quality issues could be for a particular batch of products by supplier which does not reflects in ratings.
Problem Discovery
Information Overload
❖ Users are unable to select products and needs more trust building and confidence to make selections.
❖ Availability of several products at disposal motivates user to procrastinate purchases ,waiting to find the right
product or discount.
Problem discovery
Unable to link trends & fashion to Meesho products
Reasons:
❖ YT videos are made by random people which majorly are not an expert of fashion
❖ No in app sources or videos that helps user to find right stylish combination or
trendy products
Ratings & Reviews Improvement
❖ Improves trustworthiness of
the quality of product.
Problems focused via Ratings & Reviews improvement
Quality issues:
❖ Ratings improvement will give better information about low quality products to users, which in turn
will decrease return requests and hence improve UX and decrease drop off rates.
Information overload:
❖ Rating of various product parameters by other buyers enables users to make a more confident, easier
and faster selection of products.
MeeTV
MeeTv:
❖ Meesho can warehouse these products Video can also be shared with
assuming high demand to smoothen the other people which eventually
logistics involved. bring in new users.
Problems focused via MeeTv
Quality issues:
❖ Assured best quality products certified by Meesho and endorsed by Meesho guides will improve the
overall trustworthiness and reliability.
❖ Less time for delivery and refund if required (if warehousing is done for these products)
Information Overload:
❖ Videos filled with fashion tips, styling tips and trends directly linked to products available on Meesho.
Prioritisation of Feature
Leverage
Feature Impact on Effort Confidence (Reaching new Overall score
Engagement/Retention (1-5) (1-5) users primarily
(1-Very low,5-Very High) vernacular)[1,0]
MeeTV 5 5 4 1 5
As per the priority score, MeeTV should be prioritised considering its massive impact and
overall leverage to the Meesho product development
Metrics
Feature Engagement Retention
Ratings & Review ❖ % of user checking most recent % increase in repeat purchases per
Improvement reviews, adding item to cart user per month
❖ % dec in average time spent b/w
exploring a product category→
successful purchase
❖ % increase in view product
description → Add to cart
Common Metrics to measure ❖ % increase in overall sales ❖ Average # of app sessions per
for both features ❖ % inc in avg. weekly spent per user user per day
❖ % inc in avg. monthly spent per user ❖ Average # of purchase per user
per month
❖ % decrease in return requests
❖ % decrease in churn rate
Thank You!