Each week I reverse engineer the products of leading tech companies. Get one annotated teardown every Friday.
🐣 How to measure leaky KPIsWhat to do when users go off-platform Here’s another 60-second read: one insight, 300 words, super fast 🏎️ Read online here or download PDF Many products struggle with leaky buckets 🪣 But not in the way you’d expect. For some products, the magic moment happens off-platform. That means that you can’t see whether users succeed. This is often the case for marketplaces where users have the opportunity to take the action on another platform. For example:
This leads to under-counting your success. You might conclude that a product test didn’t work earlier in the funnel, without knowing if it actually impacted the end. The result is that you can under-predict success. You lose visibility at the end of the funnel. So, how do you track it? There are two ways: 1) Track via springboard UIThis is where you capture answers just before they bounce. 📌 Example: LinkedIn’s ‘Did you apply?’Now, LinkedIn has a small blue module on job ads that asks if you applied (given that this action happens on another company’s site). There’s a few things I like about this execution:
2) Follow up via emailIf the user’s already gone, catch them in their inbox. 📌 Example 2: Otta’s ‘did you get the job?’Otta is a job search site that was recently renamed Welcome to the Jungle. I used it to find my last full-time role back in 2021. What was cool is that they asked me if:
Why it works: This is their only chance to get the data in the door on whether their users reached their magic moment. So they want to increase the conversion rate from receiving an email to answering a question. To conclude: it won’t be perfect, but at least it’s somethingNext time you’re measuring success, ask yourself: Are we actually seeing the full story? Most metrics only tell part of the story. If you’re limited, try layering on user interviews to understand the onward journey in more detail. Seen any clever ways to do this? Lmk — I’d love to include more examples! Thank you SO much for reading (all the way to the bottom, wow look at you go). See you next week, Rosie 🕺 |
Each week I reverse engineer the products of leading tech companies. Get one annotated teardown every Friday.