Product Strategy Interview Questions

Anonymous Tapir - "After clarifying the question, answered in following way: Defined what is Google Map. Discussed its history and dominant #1 current market position Aligned with the Google's mission Listed few users segments and few features for roadmap and discussed technology advancements & need to continue to innovate and differentiate aggressively"See full answer

Jessica A. - "Clarifying Qs: Question: Would this be a standalone platform, or be integrated into the existing LinkedIn web application and mobile applications? Answer: Integrated into the existing LinkedIn web application and mobile applications. Question: What are the goals of a video conferencing platform for LinkedIn? Answer: You decide. Let's think about LinkedIn's mission statement, which is to connect the world's professionals to make them more productive and successful. LinkedIn's co"See full answer

Dhirendra S. - "I will start by asking some of the clarifying questions here - Does the interviewer want me to focus on any specific region or it's a global product - What's the timeline we are looking over here - Any specific problem statement that I should be focusing on - Any specific objective that they want me to drive Some of these questions will help to get my head straight and align myself with the interviewer. (2 mins to jot down my thoughts ) Answer - Problem statement : Will focus on the cha"See full answer

Rohit K. - "Clarifying scope : This is a feature on top of existing swiggy app to deliver prepared food for health-conscious people Clarify the term health conscious : Calory counters Macro trackers : Need balance of carb, protein, fat etc. Fresh Eaters :Need fresh ingredients Allergic due to some ingredient Ill people There can be various user personas along with respective pain points are: 1) Gym goers : No way to count the calories or track macro intakes in a swiggy order 2) Fresh eaters : Lack"See full answer

Srikanth A. - "Clarify - What is the product ? Autonomous driving capability Technology as a vehicle to drive man driver capability What is the current stage of project ? Technology is ready I will start by understanding the Goal, Intention behind this initiative as I am considering myself new PM joined this team and I have to come up with go to market strategy. Goal - More users to adopt and build trust with self driving car capability. Target user persona End user Businesses -Rideshare service -Food"See full answer

Anonymous Reindeer - "Is Google partnering with Uber? Driverless cars - Waymo? Why not Waymo One app? Which regions? Only for children? How about parents with younger children? Is this a replacement of a school bus? Only school or everywhere else? Any other place we need Parents with them? Vision: Organize world’s information so everyone and anyone globally should be able to use that information to get insights, make decisions and even create solutions. Goals: Make transportation easier and risk-"See full answer

Anonymous Hawk - "A few clarifying questions: Algorithm that is specifically used to match individuals? Define better? More matches, higher likelihood of relationship? etc. Next I'd like to consider the product's goals, how users engage with the app, how we'd measure those engagements, and how they align with our goals. Considering Goals Facebook's mission is to give people the tools to build communities FB Dating's goal for the end user is to find a partner, but for Facebook it is really ab"See full answer

Cameron P. - "3 fav products. Pick 1 and 10X it. My criteria: Add value to my life Easy to use My fav products: Pinterest Youtube Google Docs How would you 10X Youtube? Interviewee: 10X revenue? 10X user base? 10X sales? Interviewer: you can decide Interviewee: Ok, let’s discuss Youtube's mission and goal and we will determine which direction to proceed after Youtube: Global product. Has Red,Music,Kids,Premium. Subscription and Ads. 5B videos watched per day. 80% market share Missio"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

Anonymous Reindeer - "Clarifying Questions: Is it a chain of supermarkets? Or just an individual market? Is the revenue overall or just from one store? What are the reasons for the revenue growth? Pandemic? New buildings around? Other? What does the supermarket sell? Anything specialized? Local goods? Is there an app/website available to order stuff? 10,000 - 50,000 Vision: Be the most customer centric store Goals: Able to reach out to as many users as they can. Increase the user base while keeping th"See full answer

Tony A. - "Get alignment with interviewer on how Gen AI works, then talk about the automotive space with value chain analysis on high level: 1. Design the automobile 2. Source components 3 assemble 4. Market 5. sell to customer 6 vehicle operation and maintenance. Competition: Hyper competitive industry with ~10 big manufacturers in the world. Trends: EV, Self-driving Potential Goals for the Automotive company Gen AI use case: Gain market share by offering Gen AI driven value to its customers Bi"See full answer

P K. - "A very interesting question. Please find below my approach: Understand VP's line of thought and goals trying to achieve Understand the assumptions/ Validate the hypothesis Impact on Brand, revenue, engineering cost, customers, and existing products SWOT Approve or Provide alternative Question to the VP: What is the objective? - higher engagement? easy to interact, peer-to-peer communication? Why the need for a separate platform? - to increase the no.of interactions? to"See full answer

Anonymous Boa - "Thorough analysis of the asks- what is the strategic fit, overall business value, goals? Analysis of resources - skillset/ time/ dependencies. Create a list of all the things that we have to do, rank them by value(impact), urgency and effort needed. Stakehodler inputs. Moscow priroitization/ value vs effort frameworks. Have clear communication channels with our stakehodlers to socialzie progress/ effort Sequence the asks - subject to changing circumstances. Call ou"See full answer

Greg W. - "PayPal makes money from: Processing fees from merchants - traditional checkout and buy now, pay later P2P transfers using credit cards Instant money transfers on P2P and to bank accounts Lending products (paypal credit) Cross border fees (Xoom) Crypto trading fees"See full answer

Anonymous Flamingo - "One challenge that I faced when working with sales was managing unrealistic expectations. As a developer, I often had to work with sales teams to define the scope and timeline for projects. However, it was not uncommon for the sales team to promise clients certain features or deliverables that were not feasible within the allotted time and budget. To address this challenge, I learned to be proactive in clarifying the limitations and constraints of the project with the sales team, and to work wit"See full answer