"What is the goal of FB as a company, how does marketplace help.
Who are the different users (Sellers and buyers. Also mention advertisers). Sellers can be artists or small/ home business owners. they also also be infrequent sellers who come to FB marketplace when they are moving cities or moving to a new location. Buyers can be low and high engagement.
We will focus on sellers - if more sellers come on the platform, it will attract buyers, generate sales, and spin the flywheel. Also, if a sel"
Neha A. - "What is the goal of FB as a company, how does marketplace help.
Who are the different users (Sellers and buyers. Also mention advertisers). Sellers can be artists or small/ home business owners. they also also be infrequent sellers who come to FB marketplace when they are moving cities or moving to a new location. Buyers can be low and high engagement.
We will focus on sellers - if more sellers come on the platform, it will attract buyers, generate sales, and spin the flywheel. Also, if a sel"See full answer
"Understand what is the business objective behind the ask ? We should not be adopting trends just because everyone is adopting, it has to be tied to business objective
Once objective is clear - we need to determine feasibility and cost\benefit assessment by deciding on pilot candidates - since its bank, do we want to integrate this with mobile banking only ?
Once we decide on candidate - we will also need to decide on buy vs build decision ? If there are any fintech offerings (like Zell"
Hmm T. - "Understand what is the business objective behind the ask ? We should not be adopting trends just because everyone is adopting, it has to be tied to business objective
Once objective is clear - we need to determine feasibility and cost\benefit assessment by deciding on pilot candidates - since its bank, do we want to integrate this with mobile banking only ?
Once we decide on candidate - we will also need to decide on buy vs build decision ? If there are any fintech offerings (like Zell"See full answer
"This is a Diagnosis problem. We've gone over diagnosis problems in the past, but most are centered around usage. Even though this is about retention - do not be alarmed. We can still follow the TROPIC method to create a plan to thoroughly diagnose the issue:
Ask clarifying questions
List potential high level reasons
Gather Context (TROPIC)Time
Region
Other features / products (internal)
Platform
Industry / Competition
Cannibalization
**Establish a theory of proba"
Exponent - "This is a Diagnosis problem. We've gone over diagnosis problems in the past, but most are centered around usage. Even though this is about retention - do not be alarmed. We can still follow the TROPIC method to create a plan to thoroughly diagnose the issue:
Ask clarifying questions
List potential high level reasons
Gather Context (TROPIC)Time
Region
Other features / products (internal)
Platform
Industry / Competition
Cannibalization
**Establish a theory of proba"See full answer
"Below is the step by step approach I would take:
Identify potential risks: Firstly, I thoroughly analyze the project and identify potential risks that could impact its success. This involves reviewing project documentation, conducting stakeholder interviews, and seeking input from team members who have expertise in different areas.
Assess the impact and likelihood: I evaluate each identified risk by assessing its potential impact on the project objectives and determining the likelihood of"
Ash K. - "Below is the step by step approach I would take:
Identify potential risks: Firstly, I thoroughly analyze the project and identify potential risks that could impact its success. This involves reviewing project documentation, conducting stakeholder interviews, and seeking input from team members who have expertise in different areas.
Assess the impact and likelihood: I evaluate each identified risk by assessing its potential impact on the project objectives and determining the likelihood of"See full answer
"A great answer will:
Lay out the mission of facebook and how reactions relate to it (FB mission is to connect people, FB app has posts that make up a feed, reactions enable more engagement with posts
Describe the benefits of reactions for users (less friction to engage) and for FB (more user engagement with posts which helps viewer and poster, improve newsfeed algo)
Notice that you can evaluate demand for a 7th reaction by looking at posts with a high ratio of comments to reactions, and ma"
Robbie A. - "A great answer will:
Lay out the mission of facebook and how reactions relate to it (FB mission is to connect people, FB app has posts that make up a feed, reactions enable more engagement with posts
Describe the benefits of reactions for users (less friction to engage) and for FB (more user engagement with posts which helps viewer and poster, improve newsfeed algo)
Notice that you can evaluate demand for a 7th reaction by looking at posts with a high ratio of comments to reactions, and ma"See full answer
Product Manager
Analytical
+1 more
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"I'd like to first clarify to understand where we currently stand- Have we already built the MLP pf the product or are we looking to solve for should we build this and if so, can we do this in 6 months?
Assuming Scenario where the product is ready, looking for GTM feasibility
I'll work with the dev and analytics team to understand the effort and timeline around experimentation. I'll also include marketing team to understand timelines post experiment if we were to launch. This will help us ident"
Priyanka S. - "I'd like to first clarify to understand where we currently stand- Have we already built the MLP pf the product or are we looking to solve for should we build this and if so, can we do this in 6 months?
Assuming Scenario where the product is ready, looking for GTM feasibility
I'll work with the dev and analytics team to understand the effort and timeline around experimentation. I'll also include marketing team to understand timelines post experiment if we were to launch. This will help us ident"See full answer
"Clarification - How is this feature accessed by users? Is it part of the camera app or after taking the photo or both? Assume both. Is bulk upload possible? Yes
Goal - Drive engagement with this feature so Pixel owners upload more pictures to google photos
Actions that support this goal of engagement with this feature:
Click upload right after taking a photo from camera.
Take a stored picture from saved photos and click upload for it
Select multiple photos from saved photos and click u"
Sarabjeet S. - "Clarification - How is this feature accessed by users? Is it part of the camera app or after taking the photo or both? Assume both. Is bulk upload possible? Yes
Goal - Drive engagement with this feature so Pixel owners upload more pictures to google photos
Actions that support this goal of engagement with this feature:
Click upload right after taking a photo from camera.
Take a stored picture from saved photos and click upload for it
Select multiple photos from saved photos and click u"See full answer
"SW: Headway (Audio book app)
Goal: Track user engagement with the product. (Analytics)
To Track user engagement with the product I would first define the user actions defined as user engagement, and then define quantitative metrics to track user behaviour.
User actions -> engagement:
Actions:
User Plays an Audio book (following by user's retention)
User uses Next chapter button to continue listening
User marks Audio books as favourites
User shares Audio books
Metrics:
DAU & 2."
Negar H. - "SW: Headway (Audio book app)
Goal: Track user engagement with the product. (Analytics)
To Track user engagement with the product I would first define the user actions defined as user engagement, and then define quantitative metrics to track user behaviour.
User actions -> engagement:
Actions:
User Plays an Audio book (following by user's retention)
User uses Next chapter button to continue listening
User marks Audio books as favourites
User shares Audio books
Metrics:
DAU & 2."See full answer
"First let me try to understand the metric: when you say traffic to facebook marketplaces, you mean that number of people clicking on the marketplace tab or landing on the marketplace section has reduced. Am I right?
Ok, here's my approach: I will first try to narrow down the scope of the problem by understanding what the details associated with the drop. Then I will try to hypothesize on what all could have caused it. Finally I will try to propose a solution basis the findings.
Understanding th"
Bhavana J. - "First let me try to understand the metric: when you say traffic to facebook marketplaces, you mean that number of people clicking on the marketplace tab or landing on the marketplace section has reduced. Am I right?
Ok, here's my approach: I will first try to narrow down the scope of the problem by understanding what the details associated with the drop. Then I will try to hypothesize on what all could have caused it. Finally I will try to propose a solution basis the findings.
Understanding th"See full answer
"When it comes to Metrics, I always think of one thing " What cannot be measured cannot be done".
The product that I am managing goal is on enabling the products for our partners so that our partners can have a seamless experience of doing business with us which in turn will increase the revenue. The user segment for my product is mainly resellers who can resell the product to another customer so that the reach of the customers is more. The metrics which I am tracking are revenue, referrals, an"
Tanu M. - "When it comes to Metrics, I always think of one thing " What cannot be measured cannot be done".
The product that I am managing goal is on enabling the products for our partners so that our partners can have a seamless experience of doing business with us which in turn will increase the revenue. The user segment for my product is mainly resellers who can resell the product to another customer so that the reach of the customers is more. The metrics which I am tracking are revenue, referrals, an"See full answer
"FB Vision: To empower users to build communities and bring the world closer together
Reactions Product Goal: To enable users to express them in a quick and easy manner on posts / comments / videos / photos etc. and hence bringing the world closer. Currently only "Like" option is there which indicates to the creators that users like your posts.
User Personas
Content Creators
Pain Points
Single Reaction Option: Only users who like the content are able to use the reactions f"
P D. - "FB Vision: To empower users to build communities and bring the world closer together
Reactions Product Goal: To enable users to express them in a quick and easy manner on posts / comments / videos / photos etc. and hence bringing the world closer. Currently only "Like" option is there which indicates to the creators that users like your posts.
User Personas
Content Creators
Pain Points
Single Reaction Option: Only users who like the content are able to use the reactions f"See full answer
"Clarification
Am I the PM for overall Xbox or certain part of the Xbox team?
Interview (I): let's assume you own the overall Xbox product
Are there particular user segments that the MSFT Gaming division is trying to focus on as their strategy?
I: nothing in particular, why don't you tell me where we should focus?
What are some challenges that Xbox have been facing? (ie revenue from xbox hardware purchase? xbox live subscription purchase? engagement?)
I: nothing in pa"
Mark - "Clarification
Am I the PM for overall Xbox or certain part of the Xbox team?
Interview (I): let's assume you own the overall Xbox product
Are there particular user segments that the MSFT Gaming division is trying to focus on as their strategy?
I: nothing in particular, why don't you tell me where we should focus?
What are some challenges that Xbox have been facing? (ie revenue from xbox hardware purchase? xbox live subscription purchase? engagement?)
I: nothing in pa"See full answer
"Clarifying questions:
What kind of users are we talking about? Internal or external ? (Assumption: External)
When was this issue discovered? (Not so long ago)
Is this specific to a particular geographical location ? (Answer: No)
External: Geography, time ?
Internal:
Pain points:
Technical - latency, lag
Engagement - Less engagement available on website , users are bored while waiting for their search results to appear
Review - Explore platform options for users to review their experie"
Anuradha T. - "Clarifying questions:
What kind of users are we talking about? Internal or external ? (Assumption: External)
When was this issue discovered? (Not so long ago)
Is this specific to a particular geographical location ? (Answer: No)
External: Geography, time ?
Internal:
Pain points:
Technical - latency, lag
Engagement - Less engagement available on website , users are bored while waiting for their search results to appear
Review - Explore platform options for users to review their experie"See full answer
"Launch p2p payments on a chat application
Clarify - - - - - - - - - - -
any specific chat app in mind? [no]
Is there a 3rd party vendor tech we can incorporate [no, build grounds-up]
Markets [US]
Framing - - - - - - - - - - -
Messaging apps mission: be the go-to destination for 1:1, n:n info sharing and comms. Use network effects to gain market share
Biz/product goals:
Growth, gain more market share
Engagement: time spent, instances of interaction and sharing
Revenue: ads,"
Calyan - "Launch p2p payments on a chat application
Clarify - - - - - - - - - - -
any specific chat app in mind? [no]
Is there a 3rd party vendor tech we can incorporate [no, build grounds-up]
Markets [US]
Framing - - - - - - - - - - -
Messaging apps mission: be the go-to destination for 1:1, n:n info sharing and comms. Use network effects to gain market share
Biz/product goals:
Growth, gain more market share
Engagement: time spent, instances of interaction and sharing
Revenue: ads,"See full answer
"Comprehend the Situation:
What is the goal?The goal is to introduce an ACH payment method in the United States for Netflix.
Why is this important?ACH payments can offer a convenient and cost-effective payment option for customers.
Who are the stakeholders?Stakeholders include Netflix customers, the product team, finance, legal, and compliance teams.
How does ACH work? transaction flow and potential benefits.
Identify the Customer: Recurring subscribers and"
Anonymous Goat - "Comprehend the Situation:
What is the goal?The goal is to introduce an ACH payment method in the United States for Netflix.
Why is this important?ACH payments can offer a convenient and cost-effective payment option for customers.
Who are the stakeholders?Stakeholders include Netflix customers, the product team, finance, legal, and compliance teams.
How does ACH work? transaction flow and potential benefits.
Identify the Customer: Recurring subscribers and"See full answer
"Ask if the quality aspect is negotiable? Clearly hoping it is not.
Then move on to explain nicely about the iron triangle - scope, time, resources. With scope and resources fixed, the time would need to be variable unless the project is considered cookie cutter, the exact project has been done many times in the past. (which is unlikely).
If time cannot be relaxed, then the scope should be variable."
Adib M. - "Ask if the quality aspect is negotiable? Clearly hoping it is not.
Then move on to explain nicely about the iron triangle - scope, time, resources. With scope and resources fixed, the time would need to be variable unless the project is considered cookie cutter, the exact project has been done many times in the past. (which is unlikely).
If time cannot be relaxed, then the scope should be variable."See full answer
"First I would like to define what a negative experience might construe
Unable to book the reservation
Customers unable to cancel reservations
The customers unable to find restaurants in the location they are in
customers unable to interact or leave reviews.
I will try to solve for the first one. In this scenario, I would like to understand the frequency of the issue’s occurrence.
I will try to understand if there was a new feature rolled out that may have impacted it such as chang"
Lakshmi tejaswi S. - "First I would like to define what a negative experience might construe
Unable to book the reservation
Customers unable to cancel reservations
The customers unable to find restaurants in the location they are in
customers unable to interact or leave reviews.
I will try to solve for the first one. In this scenario, I would like to understand the frequency of the issue’s occurrence.
I will try to understand if there was a new feature rolled out that may have impacted it such as chang"See full answer
"The effectiveness of product positioning can be evaluated based on the goal of the product launch.
To do this, we have to follow the below steps:
First establish the goal of the product launch (is it customer acquisition? activation? Monetization?
Identify who the customers are
What is the customer need we are trying to address by the product
What is the total addressable market TAM?
What % of the TAM do we expect to acquire by the said product?
Finally, based on the actions w"
Anhul C. - "The effectiveness of product positioning can be evaluated based on the goal of the product launch.
To do this, we have to follow the below steps:
First establish the goal of the product launch (is it customer acquisition? activation? Monetization?
Identify who the customers are
What is the customer need we are trying to address by the product
What is the total addressable market TAM?
What % of the TAM do we expect to acquire by the said product?
Finally, based on the actions w"See full answer