Recording of the Everything Marketplaces Group Chat #161 (6/4) with Ravi Mehta. Ravi is currently a Product Advisor to marketplaces like Sesame and was previously the Chief Product Officer at Tinder, Product Director at Facebook, and before that VP of Product at Tripadvisor. Ravi was also previously an Executive In Residence (EIR) at Reforge, where he helped create their Product Management & Strategy programs.
0:06 Intro
1:24 Ravi's background
4:39 Key product & marketplace learnings
5:28 A framework for early stage marketplaces to capture & keep demand
10:51 How Tripadvisor shifted to being a transactional marketplace
14:09 Considerations & tips for making a marketplace transition or shift
18:19 Tips for hiring your first PM
24:11 How AI is impacting marketplaces
28:41 The biggest product mistakes marketplace founders & teams make
30:52 Group Q&A on marketplace ratings & review systems
33:10 Group Q&A on product decision making at the earliest stages
36:17 Group Q&A on AI consumer adoption
39:43 Group Q&A on marketplace SEO
42:19 Parting marketplace advice
Ravi on Twitter: https://www.twitter.com/ravi_mehta
Ravi's blog: https://www.ravi-mehta.com
Mike (Yoroomie) on Twitter: https://www.twitter.com/yoroomie
You can also find this group chat in audio format as an episode on our new Everything Marketplaces podcast on Apple Podcasts and Spotify. You can also connect with marketplace founders & leaders from our group chats in the Everything Marketplaces community.