I went straight to the funnel and started listing external causes before even asking what 'conversion' meant in this context.
Start by clarifying the metric definition and scope (e.g., conversion ratio = bookings/visits, across all platforms or specific segments). Then systematically segment the data by time, user, platform, and geography to isolate the drop, and finally hypothesize potential causes across internal and external factors, validating with data.
Pro tip: Always quantify the impact and prioritize hypotheses by likelihood and ease of validation; this shows you can drive efficient root cause analysis under time pressure.
Define exactly what 'conversion ratio' means (e.g., bookings per session, reservations per search) and confirm the time frame, platforms, and user segments affected.
Break down the metric by dimensions like device, geography, user type (new vs. returning), and time of day to identify where the drop is concentrated.
Brainstorm potential causes across internal factors (e.g., product changes, bugs, pricing) and external factors (e.g., competitor actions, seasonality, macro events).
Use data to test each hypothesis, starting with the most likely and easiest to check, and quantify the impact of each confirmed cause.
Propose immediate fixes or further investigations, and outline how to monitor the metric to prevent future drops.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.