Metrics question

Facebook Marketplace sales are up and Local Ads revenue is down. Why?

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What this question tests

Diagnosing a metric divergence between two related products, checking for cannibalization versus independent causes.

How to approach it

  1. Confirm both trends are accurately measured over the same period, ruling out a reporting or attribution error.
  2. Hypothesize cannibalization: local businesses may be shifting spend or listings from Local Ads to free Marketplace listings.
  3. Segment Local Ads decline by advertiser category and region to see if it concentrates where Marketplace grew most.
  4. Check for external factors, like a broader ad market downturn unrelated to Marketplace.
  5. Decide if this trade off is net positive for the company and propose a next step, like bundling Local Ads promotion within Marketplace listings.

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