This document describes the essential business metrics used to evaluate and optimize the performance of a ride-hailing platform. It also outlines the supporting data architecture and analytics framework required to collect, process, and visualize these metrics effectively.
Supply metrics focus on the performance and engagement of drivers. These indicators ensure that the platform maintains a healthy and reliable driver base to meet rider demand.
Data Sources: Driver app event logs, GPS tracking data, and trip lifecycle records. Real-time data streams from the mobile platform are stored in a central warehouse for analytics and reporting.
Demand metrics measure user engagement, satisfaction, and the overall strength of customer demand for rides.
Data Sources: Mobile app interactions, trip databases, and user engagement logs. Insights are derived using cohort analysis and behavioral segmentation.
These metrics assess how effectively the system matches riders with available drivers and how efficiently operations are conducted.
Data Sources: Processed in near real time using event-streaming technologies and geospatial analytics platforms.
Financial metrics measure the platform’s economic performance, profitability, and cost efficiency.
Data Sources: Integrated from payment systems, ERP modules, and marketing analytics platforms, with automated reconciliation through ETL pipelines.
Experience metrics assess the quality of interactions between riders and drivers and help maintain service standards.
Data for these metrics comes from feedback systems, customer support records, and safety monitoring tools. Sentiment analysis and text classification models can be applied to detect recurring issues or emerging trends.