Product Strategy Interview Questions

Rahul J. - "Skype is a communication and collaboration tool used by individuals and businesses. Users can send messages, do audio and video calls, share screen etc. There are two parts to the business model: Individual user - to - individual user: users can make audio and video calls at no fee Enterprises: Organisations need to purchase the subscription for internal usage. Revenue depends on \# of paying enterprises, length of subscription, price per month/year Product objective: increase rev"See full answer

Namrata L. - "NPS is the Net Promoter Score. It basically measures if the users will promote or recommend our product or not. Do we have any timelines for this? Also Amazon as in the Amazon MarketPlace right? So to improve NPS, we need to improve the customer experience and keep them more engaged. So lets focus on improving engagement. Mission of Amazon - Help users get any and everything by just clicking some buttons at their doorstep. Users Demographics - Teenagers, Young Adults, Adults, Oldies Pro"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

Kim L. - "Explore expanding beyond just two small roooms-- bigger rooms or a third room? Get insights from those who are teleporting about what the experience is like"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

jantheman88 - "Company Mission: To Organize the World's Information Clarify: What type of product are we looking to build? Software, Hardware? -> Hardware Makes sense since Google has a strong software stack including Android TV, which is a huge business by Firestick & Nvidia Shield, as well as Chinese based hardware implementations. Is there any restrictions for this type of approach, or are we free to go around any way we'd like? -> You're free to take any approach you'd like. Google has a strong c"See full answer

Rajeev K. - "Here's how I'd approach investing that $10 million over the next year and a half. The biggest chunk about $4 million would go straight into our core infrastructure because that's what everything else depends on. We're seeing massive demand for real-time payments, so I'd put $2.5 million into building instant settlement capabilities and integrating with FedNow and RTP rails. The remaining $1.5 million would beef up our platform scalability because we're hitting capacity limits during peak times,"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

Nidhi S. - "I am a book reader, so I use "goodreads" by amazon to track my reading. There are couple of things which can be done to increase user engagement on app. User engagement on goodread is creating profile tagging books - want to read, reading, completed marking up progress on daily reading. Engaging with friends and their feedback about books. Solutioning at each steps Creating profile - App respond time is 2-3 min, which is very slow as compared to any general app,its circling"See full answer

Anonymous Salmon - "clarify: paid users, annual subscription user segmentation: levels; active vs dormant; age; regions use cases & pain points solution brainstorm: retention = activation + engagement + resurrection; prioritization of solutions execution"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

Sumit P. - "CQs: Swiggy? → instamart or food delivery → consider both Why do we want to increase AOV right now? Is it not at the desired level or exploration? → let’s say exploration Swiggy is a public company → goal is profit Biggest bite in profit is delivery cost hence delivery cost/unit revenue should be minimised Delivery cost = (fixed base cost + distance * x) * probability of spoil cases Can be done by Lowering delivery cost → seems challenging "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

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