Published Dec 17, 2019

E1010 TWiST Live! Thumbtack CEO Marco Zappacosta on optimizing consumer experience, fundraising tips

Thumbtack CEO Marco Zappacosta delves into the evolution of marketplaces, offering fundraising insights and the significance of investor quality, all while sharing Thumbtack's journey towards optimized consumer experience and resilience through challenging times.
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  • Transformational Changes

    Thumbtack's journey to transform its service offerings was driven by the need to enhance customer satisfaction. explains that the company aimed to become the "Amazon for services" by solving the complex problem of matching customers with service providers. This required a shift from human-crafted lists to a more programmatic approach, allowing for a broader and faster selection of service options 1. Despite the challenges, Marco emphasizes the importance of being transparent with the team about the difficulties ahead, likening it to Shackleton's famous ad for explorers, which highlighted the risks and rewards of the journey 2.

    Humans don't react well to uncertainty. That is much scarier than a known obstacle.

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    This transformation was not just about growth but about fundamentally changing the customer experience to offer more choices and improve satisfaction 3.

       

    Mobile Shift

    The shift to mobile-first strategies has significantly impacted consumer engagement at Thumbtack. notes that while the company initially started with a website, it soon became clear that mobile was where their best customers were engaging 4. This transition was driven by the convenience of mobile devices and the natural fit of text-based communication for their chat-centric service model. Marco highlights that for many, especially younger users, texting has become the default method of communication, even for professional interactions.

    My entire life is trying to figure out how to take emails and put them into slack rooms and take phone calls and turn them into iMessage threads.

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    This mobile communication shift has allowed Thumbtack to better connect with its users, making interactions more seamless and efficient.

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