The DoorDash wrapper felt a little random for a Meta interview.
Start by clarifying DoorDash's business model and the role of a PM in this context, then structure your answer around a balanced set of goals covering growth, engagement, and monetization. Use a framework like HEART or AARRR to define metrics, and prioritize them based on the current stage of the business. Conclude by explaining how you'd use these metrics to drive product decisions.
Pro tip: Show that you understand the two-sided marketplace dynamics: metrics for consumers, dashers, and merchants must be balanced, and trade-offs are inevitable. Mention a North Star metric that aligns all sides, such as total orders or gross order value, but also highlight guardrail metrics to prevent negative side effects.
Restate DoorDash's mission and identify the key stakeholders: consumers, dashers, merchants, and the company. Define what 'health' means in terms of sustainable growth and profitability.
Select a single metric that best captures the value delivered to all sides, such as total orders or gross order value (GOV). Explain why it's a good proxy for long-term success.
Break down the user journey for each stakeholder and identify key metrics for acquisition, activation, retention, referral, and revenue (AARRR). For example, for consumers: app downloads, first order, repeat order rate, average order value, and churn.
Identify metrics that ensure quality and prevent negative outcomes, such as delivery time, order accuracy, dasher satisfaction, and merchant retention. These act as checks on growth.
Prioritize metrics based on current business objectives (e.g., growth vs. profitability) and set realistic targets. Explain how you'd monitor and iterate.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.