Category /

Presentation

revenue growth: strategic product upselling and fulfillment plan

revenue growth: strategic product upselling and fulfillment plan

revenue growth: strategic product upselling and fulfillment plan

Led research and development strategy planning to encourage and enable coworking space customers to purchase package add-ons in a front-end experience and to enable the company and its employees to fulfill the add-on requests.

BACKGROUND
With very little insight into available add-on products, coworking space members are unaware of the enhancements and services that are available for purchase in addition to their base memberships. Members request maintenance or IT services when there’s a problem, but the process to fulfill those requests require signed contracts and handholding between members and their building managers.

GOALS

  • Develop an MVP for member-facing add-ons: which add-ons to start with based on current demand, average monthly revenue, fulfillment effort required, and where to surface add-ons to members.

  • Establish the request-to-fulfillment flow to include the elimination of the contract process and collection of fulfillment information upon request.

  • Develop a strategy for add-on price variants based on coworking space location.

Desired Outcomes for Coworking Space Members

  • View and request relevant, enticing add-ons.

  • Get add-ons fulfilled with little to no back and forth communication.

Desired Outcomes for Internal Business Users

  • Make changes to add-on offers to experiment with new variants.

  • Enable finance and legal to approve or deny offering requests and ensure accurate revenue tracking for approved requests.

Led research and development strategy planning to encourage and enable coworking space customers to purchase package add-ons in a front-end experience and to enable the company and its employees to fulfill the add-on requests.

BACKGROUND
With very little insight into available add-on products, coworking space members are unaware of the enhancements and services that are available for purchase in addition to their base memberships. Members request maintenance or IT services when there’s a problem, but the process to fulfill those requests require signed contracts and handholding between members and their building managers.

GOALS

  • Develop an MVP for member-facing add-ons: which add-ons to start with based on current demand, average monthly revenue, fulfillment effort required, and where to surface add-ons to members.

  • Establish the request-to-fulfillment flow to include the elimination of the contract process and collection of fulfillment information upon request.

  • Develop a strategy for add-on price variants based on coworking space location.

Desired Outcomes for Coworking Space Members

  • View and request relevant, enticing add-ons.

  • Get add-ons fulfilled with little to no back and forth communication.

Desired Outcomes for Internal Business Users

  • Make changes to add-on offers to experiment with new variants.

  • Enable finance and legal to approve or deny offering requests and ensure accurate revenue tracking for approved requests.

Led research and development strategy planning to encourage and enable coworking space customers to purchase package add-ons in a front-end experience and to enable the company and its employees to fulfill the add-on requests.

BACKGROUND
With very little insight into available add-on products, coworking space members are unaware of the enhancements and services that are available for purchase in addition to their base memberships. Members request maintenance or IT services when there’s a problem, but the process to fulfill those requests require signed contracts and handholding between members and their building managers.

GOALS

  • Develop an MVP for member-facing add-ons: which add-ons to start with based on current demand, average monthly revenue, fulfillment effort required, and where to surface add-ons to members.

  • Establish the request-to-fulfillment flow to include the elimination of the contract process and collection of fulfillment information upon request.

  • Develop a strategy for add-on price variants based on coworking space location.

Desired Outcomes for Coworking Space Members

  • View and request relevant, enticing add-ons.

  • Get add-ons fulfilled with little to no back and forth communication.

Desired Outcomes for Internal Business Users

  • Make changes to add-on offers to experiment with new variants.

  • Enable finance and legal to approve or deny offering requests and ensure accurate revenue tracking for approved requests.

Client:

Client:

Client:

Year:

2019

Year:

2019

Year:

2019

Role:

Product Management Consultant

Role:

Product Management Consultant

Role:

Product Management Consultant