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Data Interview Question

Effectiveness of Facebook Stories

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Requirements Clarification & Assessment

Before diving into the metrics to assess the performance of Facebook Stories, it is critical to clarify the underlying requirements and goals:

  1. Objective of Facebook Stories:

    • Primary Goal: Increase overall user engagement on the Facebook platform.
    • Secondary Goals: Monetization through ad revenue and enhancing user experience.
  2. Target Audience:

    • Demographics: Primarily focusing on teenagers and young adults in the US market.
    • User Segments: Both content creators and consumers.
  3. Definition of Success:

    • Short-term: Immediate increase in user interactions and engagement with Stories.
    • Long-term: Sustained user retention and monetization opportunities.
  4. Key Clarifying Questions:

    • What are the specific engagement goals? (e.g., time spent, interaction types)
    • How do we measure monetization success? (e.g., ad revenue linked to Stories interactions)
    • What are the guardrail metrics to ensure overall platform health? (e.g., DAU/MAU)