Product Strategy Interview Questions

Anna H. - "Clarifying questions: How to define “price” in this interview question? Price is defined as the market value of a crypto asset (bitcoin, Ethereum, tether, BNB etc.). Due to the characteristic of crypto assets which is time-sensitive, is this designed for a particular period of time? 1H, 1D, 1W, 1M, 1Y? No Do we know the target customer segment given geographic location or demographic? Not specific. Is it designed across devices? Mobile app. Assumptions: There are 03 cu"See full answer

Ankit J. - "The goal is to determine which shows get promoted to the home screen i.e the screen the user sees after launching Netflix. There are two ways to promote shows today; Editorially - the editorial team selects the categories and shows to be shown to the users Algorithmically - based on the historical views and contextual information such as location, time of the year, age, etc the recommendation algorithm determines a list of shows to show on the screen. The higher level goal for Netflix is o"See full answer

Naresh A. - "Although there is no fixed or predefined framework that I follow to prioritize, I do have a methodical criterion that is suitable to my organization and practices. The business outcome/value proposition of each project/request - try to quantitative every metric below Number of customers going to be impacted in that product vertical - item with more customers gets more weight Is this an existing feature or a new feature - existing features get more weightage especially if thi"See full answer

Arya R. - "I'm going to assume the problem is limited until the point of where the rider get into the car. Rider segments/characteristics: Local rider (lives and travels in the same city) Tourist rider (visiting a city, using Lyft for the first time in the city) Lets think about some problems for these types of users: Local rider: (Choose to prioritize on these use-cases assuming its a larger % of rides overall) Ride shows as confirmed, but driver does not move on the map Driver does"See full answer

P D. - "Clarifying questions Define relevant? Google should keep progressing in solving customer usecases / increasing revenue and profitability over next 10 yrs Since we are discussing about 10 yr period, can i assume that we need not have any constraints in mind? Yes, do not consider any constraints Just to be clear this is about Google in specific and not about Alphabet and various companies within the group. Yes, let's focus on google Last assumption, can we assume that the overall goal / vi"See full answer

Katie - "Union−Find -We illustrate our basic approach to developing and analyzing algorithms by considering the dynamic connectivity problem. We introduce the union−find data type and consider several implementations (quick find, quick union, weighted quick union, and weighted quick union with path compression). Finally, we apply the union−find data type to the percolation problem from physical chemistry. Analysis of Algorithms -The basis of our approach for analyzing the performance of algorithms is th"See full answer

Exponent - "This may seem tricky at first, but this is actually an Expansion problem, since we're expanding to a new market. The only difference is this is specifically for small businesses within that market. This is the formula you should use when tackling these types of interview questions: Ask clarifying questions Perform user analysis Market risk analysis State goals Perform channel analysis Prioritize growth channels Strategy Summarize Witho"See full answer

Rika S. - "Snapchat's mission is to re-create how people use camera to capture their life moments. Snapchat's user base is comprised of Gen Z and Millenials, capturing the ~ 12-35 year old age group. Snapchat's goal is to keep these users engaged so they don't leave for enticing competitors like Tic Toc and Quibi. Tic Toc and Quibi are major competitors to Snapchat and they seem to compete on original content. They've partnered with celebrities and media brands to produce really engaging, high quality co"See full answer

Varun J. - "Feel free to download the full assignment (with screens) here: https://www.varunja.in/blog/assignment, cheers! Expected Outcome: Users: What do you know about the users of WhatsApp? What do they want? Features: What features will you build? Prioritization: What will be in your MVP and what will be in your 2.0 version? After you have decided on the MVP: Engineering: How hard is this to build? How long might it take? Are there ways to build a solution more"See full answer

Anonymous Finch - "great answer!"See full answer

Arista V. - "Assumption: Considering the launch of a product r a service based company in a new market: 1) Need of the product / service - consumer needs 2) Presence of competitor and their market share 3) Consumer behaviour - can this be changed if such need doesn't exist explicitly( ex: ride hailing) 4) Existing price of the product 5) Marketing spend to launch in that market and opportunity to make revenue"See full answer

Vidur K. - "Clarifying Questions First, let me try to clarify what kind of self-driving car are we talking about here. Let' say, we have the following top-level assumptions: Fully autonomous Family Sedan Car US Market This technology is only available with Google In a real face-to-face interview would pause to ask the interviewer to correct assumptions or ask for other features. Consumer Family - uses the autonomous ability of the car to spend time with kids while dropping them off to"See full answer

Anjan M. - "Product - Google Glass Undefined Core Segment & Jobs-to-Be-Done - Google pitched Glass to “everyone” but never clarified a must-have use case for any one group. Improper Category Context - It was positioned as a lifestyle product, but could not justify a use case that a mobile device could not already do. Premium Pricing of a Prototype- Explorer Edition cost 1500 usd. This gap alienated hobbyists and discouraged volume sales. Privacy Backlash- The Always-on camera r"See full answer