Product Strategy Interview Questions

Umang S. - "I would start by asking what exactly is Yelp for Business or defining the product, which is a way for local businesses to host their listings, allow reviewers to post reviews, and potential for businesses to promote their listings/businesses via ads. Then would define the goal of the product - if I assume - to connect people with your business. Then the golden question - why do we want to improve? Have we seen a downward trend? Have we had user or business feedback? Is there a"See full answer

Priya K. - "Clarifying questions : Which Kindle device are we talking about ? Kindle paper white, Kindle Oasis? , Kindle paper white 6.9' , Kindle tabs ? - Kindle oasis Kindle Oasis , what are the metric we are trying to achieve ? users onboarding? more marketshare? onboard amazon existing customers Landscape : Competition : In ebook readers, the main competition comes from Kobo, iPads, tabs. Kindle oasis feature is especially and absolutely for reading purpose and buying books to read and th"See full answer

Peter H. - "Google Glass, first released in 2014, failed spectacularly due to its well-publicized issues around privacy concerns. Few will forget the term 'glassholes' for those who use Google Glass ability to record everyday life, potentially without any permission from those being recorded. However, Augmented Reality is now much closer to the public imagination. Augmented reality will go through many iterations. Important for user acceptance is that the glasses look and feel just like normal glasses. Th"See full answer

Tanu M. - "Google Home is an app that is used by consumers to configure the smart devices for automating their home and making their home more reliable and easy to use. Clarifying questions : Do we have any time constraints by when we need to achieve this? IF we have to increase sales by 10x, it needs to focus on number of factors like increasing the partner base, improving user experience, and shift in thinking. What metrics we focus on Monetization - Making revenue 10x Number of"See full answer

Mark - "Clarifying questions: What's Airbnb goal in making this requirement? Are we talking about the listing for Airbnb's core business - lodging? Approach: Before we dive in, it would be beneficial for us to first discuss our base understanding of Airbnb's business, who are the user segments that this feature can impact, and some hypothesis on what Airbnb's goal should be Once we define the goal of this feature, we can go over our approach on how we will evaluate whether we should make"See full answer

Priyanka D. - "Target Consumers: corporate clients - for business meetings students (in school, college) aspirants who want to take competitive exams/tests Identify underserved customer needs: re-application leads to post-it's not being sticky enough space crunch so user needs to be precise post-its need to stick from all 4 corners for it to be readable and so it folds less writing with pen, marker gets imprinted on next page Define Value Proposition: a small piece of paper with concise list of"See full answer

Rudra pratap S. - "Spotify is platform which allows users to listen a variety of song from singers all over the world. It’s mission is to unlock the potential of human creativity by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by it. Goal: As we are entering in a new market goal could be acquisition followed by monetization. Pre-launch activities: · Understanding the competition. · Understanding the music taste of af"See full answer

Anonymous Sheep - "Would be great to order the answer by Pirate Metrics and prioritize recommendations by the leakiest part of the funnel: Awareness - Advertising the existence of the restaurant in the local community. Acquisition - Getting tables booked. Can you book online? Do we have a phone number? Activation - Food orders. What's the average size of an order? Can we change the menu a bit? Payment options. Retention - Maybe we can create a loyalty club for patrons? Referral - Maybe we can give coupon"See full answer

Anonymous Flamingo - "One product that I am proud of and that has adjacencies to the wise product is a chatbot that I developed for a customer service team. The goal of the chatbot was to improve the efficiency of the customer service team by automating frequently asked questions and providing instant responses to customers. As the lead developer on the project, my role was to design and implement the chatbot using natural language processing (NLP) and machine learning techniques. This involved training the chatbot o"See full answer

Jason C. - "The VR/AR industry is poised to explode and a wearable tech has steadily entered the mainstream. As a CEO of a healthtech startup, I would build a product that serves both industries - the 'middleware' between the plethora of smart watches / fitness trackers and the increasing number of VR/AR workout applications. This product would make it easy for apps to record key health metrics for their users without integrating with the countless wearable tech brands on the market."See full answer

Sanchit G. - "Vision of Amazon: One stop place for users' buying needs - products and services. Goal of Amazon: Increase wallet share of users or engagement from users. Why services: Services would help achieving this goal, as the users would love using services. And Users need a platform to access services. Market in consideration: India (it is big enough. I am more familiar with this market) Current market landscape: Competition: A couple of marketplaces for services. Similar"See full answer