In this engaging discussion, Craig Saldanha, Chief Product Officer at Yelp, shares insights from his journey at both Yelp and Amazon. He unpacks how Yelp is evolving into an AI-powered platform, enhancing user experiences with features like AI-generated reviews. Saldanha emphasizes the crucial balance between trust and authenticity amid tech integration, alongside the challenges of scaling while preserving the platform's integrity. His perspective on navigating the dynamics of user-generated content in a digital marketplace offers valuable lessons for product management.
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question_answer ANECDOTE
Yelp Date Story
Craig Saldanha used Yelp to plan his first date with his now-wife, impressing her with his restaurant choice.
He also relied on Yelp reviews to decipher unfamiliar fine-dining menu descriptions.
insights INSIGHT
Marketplace Conflicts
Two-sided marketplaces require balancing the needs of both sides, which can be conflicting.
Resolving these conflicts requires a clear framework and prioritizing win-win scenarios.
volunteer_activism ADVICE
Monetization Strategy
Plan your monetization strategy early on, even if you don't implement it immediately.
This gives you more options as your marketplace grows and evolves.
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In this episode, Carlos Gonzalez de Villaumbrosia interviews Craig Saldanha, Chief Product Officer at Yelp, a leading local business review and discovery platform. Founded in 2004, Yelp has become a go-to resource for consumers seeking authentic reviews and recommendations for local businesses. With over 300 million user reviews across 35 countries and 42 languages, Yelp has continuously evolved to meet changing consumer needs and technological advancements.
Craig joined Yelp almost three years ago, following a decade-long career at Amazon. As CPO, he leads Product Management and oversees the development of Yelp's consumer and business-facing products. His impressive background includes working on groundbreaking products at Amazon, such as Kindle and Prime Video.
We explore Yelp's transformation from a simple review platform to an AI-powered local business discovery tool, the evolution of AI in local search and customer reviews, and the challenges of integrating AI into an established platform.
What you'll learn:
How Yelp is leveraging AI to enhance user experience and business connections
The impact of AI on product development and organizational structure at Yelp
Yelp's journey in developing AI-powered features like the Yelp Assistant and AI-generated video reviews
Strategies for maintaining trust and authenticity in an AI-enhanced review ecosystem
Challenges and opportunities in integrating AI into an established platform like Yelp
Key Takeaways:
AI Integration: Craig discusses Yelp's innovative use of AI in features like the Yelp Assistant and AI-generated video reviews
Organizational Structure: He explains how Yelp organizes its product teams around consumers and local businesses to drive value for both sides of the marketplace
Trust and Authenticity: Craig emphasizes the importance of maintaining trust in reviews while leveraging AI to enhance the user experience
Content Distribution: He introduces Yelp's strategy to distribute its valuable content through partnerships and APIs in the AI era
Product Frameworks: Craig highlights the importance of robust decision-making frameworks and a culture of experimentation in product development
As a fun fact, Craig shares his experience using Yelp to plan his first date with his now-wife!
The Product Podcast