SlideShare une entreprise Scribd logo
To enable every traveler, to
build a community of lifelong
travelers, and allow the travel
community to experience
what matters
Create Focus → Get Directions → Define Behaviour
Connect people, enrich
communities, and open
minds to new experiences
and cultures
● Empowerment &
Accessibility
● Curiosity and Discovery
● Innovation and
Adaptability
● Authenticity and Integrity
Strong Market Presence Internationally
● Offers 2M accomodations and 10,000+ Local activities
● Served 20M+ guests
● 200+ local activities hosted till date
● Avg number of days spent by a guest are 5.5 days
● Avg expenditure done by guest is $1045
● Avg per night price for reservations is $80
● Tokyo, Paris and New York City are the
most popular cities for booking experiences
Customer Retention is more profitable than Customer
Acquisition
Costs 5 times more to acquire
a new customer
50% of existing customer tend
to try new feature
31% of existing customer likely
to spend more
Supplier Power : Hosts - High
Multiple and varied network of
hosts
Cost varies and is dependent on
the willingness of the host
Analysis of the industry structure
Buyer Power : Guests -
Low
No group buying
Bargaining power is
low
Price sensitivity is high
Threat of new entry : Moderate
Need a huge network of host
Strict legal policies for renting
Huge competition
Lucrative offers
Threat of substitute :
High
Wide range of
alternatives - Hotels,
Home swaps, Hostels,
BnB
Offers discounts or perks
Competitive Rivalry :
High
Strong rivals - Airbnb,
Booking, Expedia,
HomeAway, HouseTrips,
Tripadvisor
Offers discounts or
perks
New feature request by our customers
Competitive Analysis - Who wins the Customer Loyalty?
Identifying the opportunity
Using the value proposition canvas to identify
opportunities for differentiation
Finding any missing feature
INVESTMENT
USER
SATISFACTION
PERFORMANCE
(MORE IS BETTER)
USER
DISSATISFACTION
LESS INVESTMENT
- Sign up for free
- Book a stay
- Book an event
- Online payment
- Safe place to stay
- Discounts/Offers
- Easy Cancellation
Policy
- Connect to host
- Rate & Review
system
- Flexible check-in
and check-out
- Exclusive and
personalized offers
on luxury stays
- Recommendations
Engage and retain users through habit formation
1.Internal: Curiosity and
Desire
2.External: Notifications,
digital marketing,
Campaigns
5. User profiles / wishlist /
feedback and reviews /
membership or loyalty
program
4. Unique experience / Social
Rewards / Personalized
service / Upgrades
3. Ease of use / Welcoming
environment
Gauging the criticality of the feature request
INVESTMENT
USER SATISFACTION
PERFORMANCE (MORE
IS BETTER)
USER
DISSATISFACTION
LESS INVESTMENT
Is working on Customer Loyalty Program worth
it?
STRENGTHS WEAKNESSES OPPORTUNITIES THREATS
● Network Effect
● Diverse Inventory
● Community and
Trust
● Global Brand
Recognition
● Unaffordable prices
during holiday
season
● Competitors have
the loyalty program
● Bad reviews
● Price reduction by
offering discounts or
exclusive deals
● Personalising the
search
● Increased
Competition
● No motivators
● Negative guest
experience
● Macroeconomic
conditions
Options to decide upon
In-house Development wins the race!!!
Motivation to come back
Enhanced customer experience
Recognition and appreciation
Convenience and ease of use
Community and Networking
Feedback and Influence
Increase repeat business
Increase customer lifetime value
Enhance brand perception and loyalty
Competitive advantage
Enhance customer engagement
Increase customer frequency
Acquire new customer
How can I drive sustainable growth while nurturing customer relationships?
Foundation of the product's design and functionality
3 entry points to Rewards Screen
User flows for Point Accumulation - Redemption System
WIREFRAMES
Prototype
Link to prototype
Roadmap
Prep/Planning
Implementation
Soft Launch : MVP
Finalization
Launch: MMP
Evaluation & Optimization
Duration: 2-3
Months
Duration: 3
Months
(Must Haves)
Duration: 1
Month Duration: 1
Month
Duration: 1
Month
Ongoing
Q4 2023 Q1 - Q2 2024 Q2 2024 Q2 - Q3 2024 Q3 2024 Q4 2024
Roadmap
Measuring the success of MVP
- What % of the target audience has acquired
the MVP?
- What is the positivity of the feedback from the
target audience?
- What revenue is the MVP delivering?
- What profit is the MVP returning?
- Whats % of users intend to use the product
as it develops beyond being a MVP?
- No of bookings completed post the launch
- No of referrals
- No of booking done via referrals (conversion rate)
- No of recommendations sent
- No of reviews posted
- No of followers increased post launch
- No of tags increased post launch
- No of stories posted
- NPS
- Revenue
Overall Success Metrics
Go-To-Market Plan
Pre- Launch
- Soft Launch
- Test the message in the campaigns
- Survey
- Banners in mobile apps/website
Promotions
- Social Media promotions
- In-app notifications
- Email campaigns
Setting a stage for the launch
Stay N Sleep - Loyalty Program_CaseStudy(Hypothetical)
Stay N Sleep - Loyalty Program_CaseStudy(Hypothetical)

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Stay N Sleep - Loyalty Program_CaseStudy(Hypothetical)

  • 1.
  • 2. To enable every traveler, to build a community of lifelong travelers, and allow the travel community to experience what matters Create Focus → Get Directions → Define Behaviour Connect people, enrich communities, and open minds to new experiences and cultures ● Empowerment & Accessibility ● Curiosity and Discovery ● Innovation and Adaptability ● Authenticity and Integrity
  • 3. Strong Market Presence Internationally ● Offers 2M accomodations and 10,000+ Local activities ● Served 20M+ guests ● 200+ local activities hosted till date ● Avg number of days spent by a guest are 5.5 days ● Avg expenditure done by guest is $1045 ● Avg per night price for reservations is $80 ● Tokyo, Paris and New York City are the most popular cities for booking experiences
  • 4. Customer Retention is more profitable than Customer Acquisition Costs 5 times more to acquire a new customer 50% of existing customer tend to try new feature 31% of existing customer likely to spend more
  • 5.
  • 6. Supplier Power : Hosts - High Multiple and varied network of hosts Cost varies and is dependent on the willingness of the host Analysis of the industry structure Buyer Power : Guests - Low No group buying Bargaining power is low Price sensitivity is high Threat of new entry : Moderate Need a huge network of host Strict legal policies for renting Huge competition Lucrative offers Threat of substitute : High Wide range of alternatives - Hotels, Home swaps, Hostels, BnB Offers discounts or perks Competitive Rivalry : High Strong rivals - Airbnb, Booking, Expedia, HomeAway, HouseTrips, Tripadvisor Offers discounts or perks
  • 7. New feature request by our customers
  • 8. Competitive Analysis - Who wins the Customer Loyalty?
  • 10. Using the value proposition canvas to identify opportunities for differentiation
  • 11. Finding any missing feature INVESTMENT USER SATISFACTION PERFORMANCE (MORE IS BETTER) USER DISSATISFACTION LESS INVESTMENT - Sign up for free - Book a stay - Book an event - Online payment - Safe place to stay - Discounts/Offers - Easy Cancellation Policy - Connect to host - Rate & Review system - Flexible check-in and check-out - Exclusive and personalized offers on luxury stays - Recommendations
  • 12. Engage and retain users through habit formation 1.Internal: Curiosity and Desire 2.External: Notifications, digital marketing, Campaigns 5. User profiles / wishlist / feedback and reviews / membership or loyalty program 4. Unique experience / Social Rewards / Personalized service / Upgrades 3. Ease of use / Welcoming environment
  • 13.
  • 14. Gauging the criticality of the feature request INVESTMENT USER SATISFACTION PERFORMANCE (MORE IS BETTER) USER DISSATISFACTION LESS INVESTMENT
  • 15. Is working on Customer Loyalty Program worth it? STRENGTHS WEAKNESSES OPPORTUNITIES THREATS ● Network Effect ● Diverse Inventory ● Community and Trust ● Global Brand Recognition ● Unaffordable prices during holiday season ● Competitors have the loyalty program ● Bad reviews ● Price reduction by offering discounts or exclusive deals ● Personalising the search ● Increased Competition ● No motivators ● Negative guest experience ● Macroeconomic conditions
  • 18.
  • 19.
  • 20. Motivation to come back Enhanced customer experience Recognition and appreciation Convenience and ease of use Community and Networking Feedback and Influence Increase repeat business Increase customer lifetime value Enhance brand perception and loyalty Competitive advantage Enhance customer engagement Increase customer frequency Acquire new customer
  • 21. How can I drive sustainable growth while nurturing customer relationships?
  • 22.
  • 23. Foundation of the product's design and functionality
  • 24.
  • 25. 3 entry points to Rewards Screen
  • 26. User flows for Point Accumulation - Redemption System
  • 29.
  • 30. Roadmap Prep/Planning Implementation Soft Launch : MVP Finalization Launch: MMP Evaluation & Optimization Duration: 2-3 Months Duration: 3 Months (Must Haves) Duration: 1 Month Duration: 1 Month Duration: 1 Month Ongoing Q4 2023 Q1 - Q2 2024 Q2 2024 Q2 - Q3 2024 Q3 2024 Q4 2024
  • 32. Measuring the success of MVP - What % of the target audience has acquired the MVP? - What is the positivity of the feedback from the target audience? - What revenue is the MVP delivering? - What profit is the MVP returning? - Whats % of users intend to use the product as it develops beyond being a MVP? - No of bookings completed post the launch - No of referrals - No of booking done via referrals (conversion rate) - No of recommendations sent - No of reviews posted - No of followers increased post launch - No of tags increased post launch - No of stories posted - NPS - Revenue Overall Success Metrics
  • 33. Go-To-Market Plan Pre- Launch - Soft Launch - Test the message in the campaigns - Survey - Banners in mobile apps/website Promotions - Social Media promotions - In-app notifications - Email campaigns
  • 34. Setting a stage for the launch