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What is your assessment of the concept of OpenTable providing reservations for desks and office spaces?

Approach / Explanation

This inquiry falls within the realm of product strategy and aims to assess your capability to analyze and break down a novel business concept or direction. OpenTable is a well-known service for restaurant reservations. The question suggests a concept where OpenTable broadens its offerings to include desk and office reservations, and your task is to assess this new proposition. Your assessment should encompass potential advantages, obstacles, target audience, competition, practicality, and how well it aligns with OpenTable's existing business model. Additionally, a degree of creativity and strategic thought is expected in your response.

Suggested Answer

I believe that OpenTable's concept of providing reservations for desks and office spaces could be a groundbreaking idea that caters to the increasing demand for flexible work environments, particularly given the recent shifts in work habits. With the movement toward more remote, flexible, and co-working arrangements, there is a rising need for temporary office spaces and desks. On the other hand, OpenTable would face challenges from established competitors in the office reservation sector. It would necessitate significant efforts in acquiring and maintaining properties. Additionally, OpenTable would need to redesign its platform to support these new types of reservations while ensuring a smooth user experience. Moreover, this initiative might be viewed as a shift away from OpenTable's core identity as a restaurant reservation service. Thus, it is crucial to ensure that this new offering does not undermine the brand's recognition or confuse its customers.

Alternative Answer

Although broadening OpenTable's services to include desk and office reservations could represent a possible growth opportunity, I have reservations about its compatibility with the company's brand and mission. OpenTable has built a reputation as a reliable platform for restaurant bookings, and transitioning to workspace reservations might seem too divergent. There are already well-established companies that specialize exclusively in shared workspaces, and competing with them might not be the wisest use of OpenTable's resources. Additionally, the operational demands, such as property management and maintenance, are significantly different and more complicated than those associated with restaurant reservations. Instead, it may be more advantageous to concentrate on growth within the hospitality industry, such as incorporating reservations for events, tours, or cooking classes. These initiatives would align more closely with OpenTable's current services and could enhance its value proposition.

Question Details

Difficulty & Category

Medium
product strategy

Companies

Gusto

Product

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