Define success metrics for the Airbnb traveler booking experience.

  Airbnb
  Instacart
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Airbnb:

Airbnb helps people who are looking for a place to stay with people who are giving their places for rent

 

Mission:

To unlock the power of sharing space, resources, and support in times of need.

 

User Segment:

  1. Host
    1. Who lists their place on Airbnb
    2. They are happy when their place gets booked
  2. Gest
    1. Who rents a place from the listing provided by Airbnb
    2. They are happy when they see a great place to stay and book it successfully

 

Business model:

Airbnb earns a commission from each successful place booked by the guest

 

North Star Metrics:

No. of nights booked

(If looked at in detail the commission earned by Airbnb will be more if the no. of nights booked is on the higher side)

 

 

Supporting Metrics:

To keep Airbnb running, there should be a right balance between the Guest and the Host

  1. % of Active Hosts vs Inactive hosts
  2. % change in guests (Funnel Analysis)

 

For every Host,

  1. Avg. listing per host
  2. Status of listing Active/inactive)
  3. Status of the visitor (Past, Existing)

 

For every booking,

  1. Funnel analysis (Visits->Bookings->Cancelation->Refund)

 

For every guest,

  1. Funnel analysis (Source of landing to website->Pondering on the website->taking action)
  2. NPS/Feedback

 

Counter metrics:

  1. # of listings reported
  2. # of hosts with low ratings or bad review