5. Five core products
Rentals
260,000 scooters
in 25 countries
Rides
3.5+ million drivers
in 45 countries
Delivery
30,000+ restaurants
in 20 countries
Drive
Available in
4 countries
Market
Fast grocery
delivery
11. TOGETHER
● Argue on scope that delivers the highest ROI
● Fight on the right trade offs between short- and long-term goals
● Ship agreed scope on time and improve the process
Product
● WHAT & WHY do we build?
● Understand users
● Research business needs
● Estimate business impact
● Decide on scope and requirements
Product Manager
Product Designer Data Analyst, UX Researcher
Engineering
● HOW do we build?
● Research the solution
● Estimate the cost to build
● Decide on technical implementation
● Build / maintain / own it
Engineering manager
Engineers (of all sorts) Data Scientist Tech Support
12. TOGETHER
● Keeping the lights on
● Growing a sustainable business
Product
● Business Model Discovery
● Business Model Evolution
● Scaling Support
● Efficiency Support
Operations
● Business Scaling
● Business Efficiency
● Discovery Support
● Evolution Support
Central operations, Country manager,
Sales, Courier operations, Merchant operations
13. Product Technology
Product - is not what you develop, it is
what your customer gets.
In Bolt Food Operations are essential part
of the product
15. Problem definition
● User voice
● Data insights
● Competition intelligence
● Business vision & strategy
● Market signals
16. Hard & Soft Value Proposition
● Hard value prop is highly measurable and has a direct impact on
customer satisfaction
● Soft value prop is often poorly measurable and has an indirect
impact
Unlike Kano, JTBD and UX models this focuses the team on a few
highly meaningful metrics.
17. Value Proposition
HARD SOFT
● Price
● Revenue
● Costs
● Time saved
● Goals achieved
● Innovation
● UX
● Brand & Storytelling
● Control
● Transparency
19. Decision making process
● Idea: Slot problem for
groceries & additional orders
for restaurants
● Research:
○ Provider interview
○ Eater research
○ CTR Data on closed
providers in Eater app
● Decision: Bold strategy move
Scheduled orders case
20. Next steps
● Opportunity calculation:
Identify maximum potential
impact feature can bring
● Dependency management:
Identify all potential internal
and external dependencies
● Estimation
● ROI Calculation:
Opportunity/Development cost
Scheduled orders case
23. MVP definition - key to
success
● Don’t try to solve all edge cases
● Provide maximum value
For scheduled orders we decided
● Don’t change courier flow
● Simplify cancellations
● Simplify pickup
24. Collaboration map
Local Team
Supply Operations
HQ ops Team
Commercial
Product Team 1
Product Team 3
Product Team 4
Product Team 2
Product manager
CS
Marketing
PR
Legal
Platform Product
25. Stakeholder collaboration is key to success
1. Provide as
much context as
possible. Don’t be
afraid to
overcommunicate
2. Make sure
everyone is
aligned around
timeline (not only
dev & product
team)
3. Collect
feedback during
all stages of the
development
26. Measure impact
● Best way to measure impact is through
randomized A/B testing
● However A/B is expensive to implement, adds delay to
shipping and prone to short-term metrics
● Measure where necessary, rely on comparisons, proxies and
common sense where too costly
27. ● Employee testing
○ ETA data/Orchestration modelling
○ User & Merchant feedback
● 50/50% Live A/B testing
○ No stat significance on GMV
○ However good uplift on AoV
Experiment process & results
28. Density Simulations
Courier pickup time:
● Inverse to number of
restaurants
● Inverse to square root of
order density
Courier dropoff time:
● Slightly sensitive to
number of restaurants
29. Marketing?
● Marketing in Bolt is different from other
companies
○ Product lead marketing
○ ROI oriented approach
● Ads, SM, comms, hygiene (ASO etc)
● Cross-pollination
● Local & Global marketing campaigns