Product Strategy Interview Questions

Rahul P. - "Providing some bullets to expand on to respond to this question- Inability to adapt to the changes in customer's needs in retail industry Lack of competitive analysis Rigid business model Lack of well defined Vision and Strategy"See full answer

paddy19 - "To start I would ask a few clarifying questions regarding the product and the company: Does the mineral water have unique health benefits to the consumer? I would ask for details about the bottle packaging - unique design elements, materials used, and options available Is mineral water in the company's current product catalog? Does the company sell high-end consumer products in the market I would make certain assumptions for the sake of this question: The mineral water is natura"See full answer

M N. - "To clarify, Lyft currently uses dynamic pricing which means the price of a ride is not constant and depends on multiple factors. Let's keep only the car rides on Lyft with driver-rider as customers in the current scope and ignore other product offerings such as bikes, scooters. Should we improve the current dynamic pricing model or design dynamic pricing assuming it doesn't exist? Let's assume latter. Let's assume this dynamic pricing applies to entire US market. Now let's see what factors I"See full answer

Anonymous Koala - "Google mission==>organize world info and make it accessible to user Monetize from Ad revenue, enterprise productivity service, Developers Google glass provides==>smart  virtual screen , hands free voice commands activated glass for for $1000+. Fits in google mission If google is to launch google glass the key metrics of success would be Number of glasses purchase Usage in term of google search, texts, play video, take picture other activities performed Previous pitfalls "See full answer

Mudit B. - "Clarifying question Why? Does booking.com have data on demand for this new feature? Let's say no Does booking.com have any specific goal with this new feature? Improve revenue or Improve user experience ( provide flexibility in payments or expand user base dealing with crypto, etc.) Let's say targetting new users who want to deal with crypto (I don't know if this is to be approached as a product design question) I would approach the introduction of cryptocurrency as a new payment method i"See full answer

Anonymous Elk - "User Interface: The target user here is the staff. Learning something new can be overwhelming, and having a simple and usable interface can help reduce feeling overwhelmed. Instead of a nested or complex learning system, a simple layout with training modules stored within a hamburger paradox and a media player in the center will make the system look cleaner. Gamification: Gamifying the learning content is another great way to keep the audience engaged. Bi-weekly quizzes, along with a sco"See full answer

nikilukman - "Clarifying questions #1: What does "investment" mean? #2: Verification badge already exists or not? #3: A verification badge is a special symbol (like a checkmark), usually displayed next to the username to identify/verify that an account with this badge is an authentic public figure or brand. It is NOT a way for Instagram to endorse the "importance" of verified accounts. Is this accurate? Anything else I should know of as a PM regarding the definition? **Assumption: Verification badge alre"See full answer

My N. - "Partner with IoT manufacturer new smart product, phone in the center Bundle google personal security subscription with IoT package Commercial package security, industrial use case medical device, airplane, ship, vehicle management, maintenance and remote usage Public sector smart cities"See full answer

Mark - "Clarifying questions: what's the original goal of this feature? what user problem / issues we identified that we are trying to address? Is there a particular user base or market/regions that we are trying to solve this issue for? Is the experience going to impact the rider's action? or does it also change the driver experience? Assume: the issue we are solving for is focus on the rider's experience - the goal of this feature is to increase the % of matched ride (ie rider/driver matche"See full answer

Anjali M. - "Several reasons why eCommerce will capture a trillion$ market in the next 10 years. User consumption habits have changed and the pandemic has only accelerated user behavior to order online from the convenience of buying from home. The supply chain is becoming better with partnerships and digital products are making shipping and deliveries much more convenient. Many companies investing in automated shipping vehicles eg Drone deliveries and in near future we might see automated driving v"See full answer

stash - "Clarification What does showing ads mean ? Is it showing outside of the car as a mobile billboard or showing inside of the car on screens? —> Inside of the car / digital ads What is our product strategy with Waymo. Do we want to get into the ride hailing business or license our tech —> To be defined by you Do we have any near or long term revenue goals for this —> Get wide usage of Waymo tech and be a key driver in accelerating the adoption of self-driving cars accessible in the world"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

Krutarth S. - "Hi, is this question part of the Powerday interview or the Mini-case interview?"See full answer

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