Transitioning to-lean-at-infochimps
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This document discusses transitioning a company to a lean approach. It describes how the company is dealing with large amounts of raw data from various sources and markets. It discusses hypotheses for new products using foursquare data and social media solutions. It emphasizes the importance of clearly defining problems, solutions, and metrics for experiments before deciding to pivot business strategies or products. It also describes challenges with tracking users that interact with both the company's website and APIs.
Transitioning to-lean-at-infochimps
- 1. Transitioning to Lean @DhruvBansal @JimEngland @TimGasper
- 2. We’re in a predicament with DATA.
- 3. DATA is the raw materials
- 4. DATA involves many markets and data types
- 5. DATA involves a wide variety of customers in undefined markets
- 6. how does Infochimps fit into the data landscape?
- 7. our existing products Data marketplace Social media influence IP intelligence Geolocated data
- 8. Our lean mission is to determine solutions to must-have problems for sizable markets.
- 9. new product hypotheses foursquare data derivatives social media solutions
- 11. We have a significant portion of the foursquare check-in firehose.
- 12. HYPOTH ESIS FOURSQUARE DEVS Want venue hotness and venue ID matching for their applications.
- 13. How many 4sq devs are there?
- 15. HYPOTH ESIS DIGITAL AGENCIES Want venue hotness and brand comparisons for their clients.
- 16. How many brands want 4sq metrics?
- 18. Must have Nice to have Don’t need
- 22. killing a feature is just as important as building one :)
- 24. DEVELOPERS Wanted detailed and transparent influence metrics and rankings.
- 25. trstrank
- 26. HYPOTH ESIS DIGITAL AGENCIES Want detailed and transparent influence metrics and rankings.
- 27. 15+ interviews later...
- 28. Digital agencies actually wanted analytics research tools and dashboards.
- 30. That’s not our market. PROBLEMS That’s not a feature set we’ve ever built. Leverages stuff we know, but little of what we’ve built. Sends the company in a very different direction.
- 31. you’ve found a market and a product; should you build it?
- 32. Learn from and measure what you already have. Diagnose whether to pivot or persevere.
- 33. Product Optimization Strategy Pivot Vision
- 34. You shouldn’t define where to pivot to unless you know why you should pivot.
- 35. You can only know why if... 1 2 3 4
- 36. 1 Clearly defined hypotheses. 2 Clearly defined actionable metrics. vs. vanity metrics
- 37. 3 You’ve been experimenting and optimizing. 4 The experimenting and optimizing still has you short of your goals of creating a sustainable business.
- 38. Pivots are a change in strategy. The lean canvas provides a powerful strategy framework.
- 39. ERICSTRATEGY ASH MAURYA RIES LEAN CANVAS Product roadmap Problem, solution & key metrics Customer definition Customer segments & channels Partners & competitors Value proposition, unfair competitive advantage Business model Cost structure & revenue streams
- 40. the bottom line
- 41. Lean is more straightforward if you start with it from the beginning. If you haven’t been lean, you must revisit the past.
- 42. Move through the loop faster.
- 43. data web
- 44. TWO USE CASES, ONE WEBSITE data scientists developers
- 45. DATA SCIENTISTS business analysts, marketers, consultants, economists, statisticians, etc.
- 46. We provide data scientists access to data through downloadable data sets.
- 47. We provide developers access to data through RESTful APIs.
- 48. DATA SCIENTISTS? NO PROBLEM Downloadable data sets follow a typical web flow
- 49. homepage data set page signup search results blog twitter download
- 50. MULTI-STEP
- 51. DEVELOPERS? IT’S COMPLICATED API usage funnel involves many steps and is more difficult to track & define
- 52. homepage data set page signup search results blog twitter
- 53. new developer
- 54. new developer
- 55. active developer
- 56. A developer becomes active when they send over 1,000 API calls per month.
- 57. How do we convert a developer to an active developer?
- 60. DATA SET PAGES API REFERENCE
- 62. homepage signup data set page search results blog howto guide twitter code example api reference active data set page user search results
- 63. PLUS
- 64. TE CHNICAL PROBLEM We need to connect user activity on the website with user activity on our APIs.
- 65. SOLUTION GOOGLE ANALYTICS CUSTOM VARIABLES TO THE RESCUE
- 66. We use Google Analytics to track visitor behavior on our websites.
- 67. There are a lot of other options • Cookie, JS-based data collection • Without JS, client-side • No servers to maintain behavior is a mystery • APIs for reports • Lots of work • Potentially awesome
- 68. One identity is known to us. The other is known to Google. Web Data
- 69. ? Web Data
- 70. Google stores 3 cookies: VISITOR expires after 2 years SESSION expires after 30 minutes PAGE set on every pageview
- 72. Visitor Variables Session Variables Page Variables Username Milestones Category First seen at • Signed up Completeness Segment • Downloaded Pricing Original traffic source • Searched Distribution Milestones • Bought • Signed up • Queried • Downloaded • Searched • Bought • Queried
- 73. CUSTOM VARIABLES
- 74. Visitor Variables c=201110;ms=dev;ds=1;sd=1;u=dhruv First seen in October, 2011 (c) Is a developer (ms) Has seen a dataset (ds) Has done a search (sd) Username is ‘dhruv’ (u)
- 75. WE CAN GET THIS DATA OVER THE WEB.
- 76. WE CAN GET THIS DATA THROUGH AN API.
- 77. Web Data
- 79. The web team’s goal is to increase the number of active API users. But we don’t have a traditional funnel for converting these users.
- 80. So, we started by focusing on the overall site experience for developers.
- 84. TRANSIT IONING to Lean
- 85. We haven’t run any experiments on the website... yet.
- 87. 1 Developer-centric email campaigns
- 88. 2 Improved “getting started” dashboard http://twilio.com/user/account
- 89. 3 Improved search experience