Metrics question
How would you set the goals/metrics for a home services product like Angie's List?
- Meta
- Metrics
- Hard
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What this question tests
Metrics tree construction for a two sided marketplace, matching goals to the specific behaviors of homeowners and service providers.
How to approach it
- Confirm the business goal: is this growth, trust, or repeat usage for a directory like Angie's List.
- Split the metric tree by the two sides: homeowners requesting service and providers fulfilling it.
- For homeowners, track search to request rate, request to booked job rate, and satisfaction after job completion.
- For providers, track lead response time, quote acceptance rate, and repeat listing activity.
- Set a north star, such as completed jobs per month, that ties both sides together.
- Add guardrails like review authenticity rate and provider cancellation rate so growth does not erode trust.
What a strong answer includes
- Explicitly separates supply side and demand side metrics instead of one blended funnel.
- Picks a north star like completed and rated jobs, not raw leads generated.
- Uses an illustrative number, such as assuming a 20 percent request to booked conversion as healthy.
- Flags trust as a guardrail given the category runs on reviews and reputation.
Common mistakes
- Lists generic engagement metrics like DAU that do not fit a considered, infrequent purchase category.
- Ignores the provider side of the marketplace entirely.
- No guardrail against fake reviews or spam leads.
Likely follow-up questions
- Which single metric would you pick if you could only track one?
- How would you detect fake or low quality provider leads?
- How would this metric tree change for a repeat service like lawn care versus a one time job?
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Learn the skill behind it
Chapters of the AI PM course that teach what this question tests.
- Chapter 9: Prove it paid off: outcomes, economics, and pricing
- Chapter 2: Data fluency: SQL, logs, and reading the truth yourself
- Chapter 14: Get the job: the AI PM interview loop