Past Strategies (Move Completed or Archived Strategies Here)
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Purpose: Communicate Ottoβs current strategies through the folloing framework:
- The challenge each aims to address
- The guiding policy for how weβre tackling it
- The coherent actions we have, are, or will be taking
- Intended Outcomes
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Foundations That Scale
Status = Active π, current focus for 2025
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Diagnosis: Problem/Situation
Marketplace Adoption:
- π΅ Marketplace accounts for a small percentage of processed rentals, despite its potential to drive growth and profitability.
- π Limited functionality for attracting hosts and customers, including discounts, referrals, and policy management.
Product Usability and Performance:
- π¨ Core SaaS functionalities, such as modifying bookings and trip/booking UI, require significant updates.
- β‘οΈ Backend performance issues are limiting scalability and user satisfaction.
- π Invoice and VAT handling, a critical feature for larger, formalized companies, is incomplete.
Operational Efficiency:
- β»οΈ Several deprecated features in the backend need to be removed, creating clutter and inefficiencies.
- βοΈ Hosts lack tools for self-service onboarding, slowing customer acquisition.
Feature Rollout Challenges:
- π Rolling out features like the open marketplace, referral programs, and policy management requires coordination across multiple teams.
- π Limited flexibility in overrides for future dates (e.g., price, minimum rentals, and blocking).
- WHAT MAKES A GREAT DIAGNOSIS?
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Guiding Policy: **How are we going to deal with it**
- π Marketplace Growth: Double down on developing features that drive adoption and engagement in the marketplace, targeting the goal of 30-50% of rentals processed through the marketplace.
- π§ SaaS Optimization: Refine and enhance core SaaS features to provide a seamless experience for both informal and formal rental companies.
- β»οΈ Operational Cleanup: Improve backend and frontend performance, remove inefficiencies, and enable self-service tools for hosts.
- π Incremental Expansion Readiness: Focus on building robust systems that can scale to new markets while ensuring strong foundations in the Kenyan market.
- π Market Penetration: Prioritize achieving 10-20% of the Kenyan market in 2025 before expanding to Uganda or Rwanda to ensure product maturity and market dominance.
- π Partner Quality Program: Implement a comprehensive scoring system to incentivize software adoption and customer service excellence through gamification.
- WHAT MAKES A GREAT GUIDING POLICY?
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