"Question:
If Meta Pay did not exist, would you recommend that Meta develop its own payment solution internally or seek a partnership? Justify your decision.
Answer:
Given Meta's position as a leading technology company with a vast ecosystem of applications and services, I would recommend that Meta develop its own payment solution internally. My decision is based on several key factors:
Strategic Control and Flexibility
Developing an internal payment solution would gran"
Inae L. - "Question:
If Meta Pay did not exist, would you recommend that Meta develop its own payment solution internally or seek a partnership? Justify your decision.
Answer:
Given Meta's position as a leading technology company with a vast ecosystem of applications and services, I would recommend that Meta develop its own payment solution internally. My decision is based on several key factors:
Strategic Control and Flexibility
Developing an internal payment solution would gran"See full answer
"Clarification
Are we focusing on building the product on a specific Meta platform (Facebook, Instagram, WhatsApp), or is this a standalone effort?
Is the product digital or physical?
Are we targeting internal (employees) or external (customers) users?
Are there any specific constraints like funding, resourcing, or geography?
1. Narrowing Down the Problem
Awareness and Education: Create tools to increase understanding of climate change and its effects.
-"
Ram - "Clarification
Are we focusing on building the product on a specific Meta platform (Facebook, Instagram, WhatsApp), or is this a standalone effort?
Is the product digital or physical?
Are we targeting internal (employees) or external (customers) users?
Are there any specific constraints like funding, resourcing, or geography?
1. Narrowing Down the Problem
Awareness and Education: Create tools to increase understanding of climate change and its effects.
-"See full answer
"To measure the success of the WhatsApp engagement and retention is crucial along with monitiozation. So, i will make sure following metrics:**
Daily Active Users (DAU) and Monthly Active Users (MAU): DAU and MAU are critical metrics for understanding the scale and engagement level of the user base. A healthy ratio between DAU and MAU (known as stickiness) indicates strong user retention and habitual use.
Message Sent/Received Volume: The volume of messages sent and received is a d"
Bhuppi S. - "To measure the success of the WhatsApp engagement and retention is crucial along with monitiozation. So, i will make sure following metrics:**
Daily Active Users (DAU) and Monthly Active Users (MAU): DAU and MAU are critical metrics for understanding the scale and engagement level of the user base. A healthy ratio between DAU and MAU (known as stickiness) indicates strong user retention and habitual use.
Message Sent/Received Volume: The volume of messages sent and received is a d"See full answer
"Meta Pay - What is it?
Payment platform that lets people buy and send money on Facebook, IG and Instagram
on platforms like FB and IG, people already find things they like and the businesses can sell directly on the platform through shops so Pay is closing the last mile and letting them also check out quickly once they’ve added their card details once. It’s making it a real one-stop shop.
It also allows making more transactions directly on the platform without having to enter card deta"
Rotem L. - "Meta Pay - What is it?
Payment platform that lets people buy and send money on Facebook, IG and Instagram
on platforms like FB and IG, people already find things they like and the businesses can sell directly on the platform through shops so Pay is closing the last mile and letting them also check out quickly once they’ve added their card details once. It’s making it a real one-stop shop.
It also allows making more transactions directly on the platform without having to enter card deta"See full answer
"Clarification Questions
What does it mean by Next Gen Elevator? → Next Gen Elevator means Elevator using new technologies.
Where is this Elevator situated? → Skyscrapers, Commercial Buildings, Residential Buildings or Elevators to Space? Assuming it’s Commercial Buildings.
What is the Goal of Making Next Gen Elevators? Is it improving Safety? User Experience? Assuming it’s User Experience
_Goal: To design an elevator using emerging technologies to improve user experience in a C"
Anonymous Muskox - "Clarification Questions
What does it mean by Next Gen Elevator? → Next Gen Elevator means Elevator using new technologies.
Where is this Elevator situated? → Skyscrapers, Commercial Buildings, Residential Buildings or Elevators to Space? Assuming it’s Commercial Buildings.
What is the Goal of Making Next Gen Elevators? Is it improving Safety? User Experience? Assuming it’s User Experience
_Goal: To design an elevator using emerging technologies to improve user experience in a C"See full answer
Product Manager
Product Design
🧠 Want an expert answer to a question? Saving questions lets us know what content to make next.
"With $1 billion to invest in generative AI, my focus would be on addressing unmet needs in everyday life. Here's my vision:
Identify User Pain Points: I would start by understanding the specific challenges a segment of users face daily. Many people are integrating AI into their routines to simplify tasks, yet there are gaps that need to be filled.
Learn from ChatGPT’s Success: ChatGPT's rapid growth to 200 million users demonstrates the demand for AI solutions that genuinely solve"
Aayush S. - "With $1 billion to invest in generative AI, my focus would be on addressing unmet needs in everyday life. Here's my vision:
Identify User Pain Points: I would start by understanding the specific challenges a segment of users face daily. Many people are integrating AI into their routines to simplify tasks, yet there are gaps that need to be filled.
Learn from ChatGPT’s Success: ChatGPT's rapid growth to 200 million users demonstrates the demand for AI solutions that genuinely solve"See full answer
"Ask clarifying questions
1/ Are there any business changes to be aware of?
2/ Youtube Premium already exists so I am guessing we are not revisiting changing the prices just restarting the process from scratch
3/ Pricing for a specific market? North America, Asia, somewhere else?
To tackle this I would break down the problem into a few steps,
What is Google's mission and how Youtube premium fits into that
Google's mission is to organize information and make it accessible to all
You"
Glados - "Ask clarifying questions
1/ Are there any business changes to be aware of?
2/ Youtube Premium already exists so I am guessing we are not revisiting changing the prices just restarting the process from scratch
3/ Pricing for a specific market? North America, Asia, somewhere else?
To tackle this I would break down the problem into a few steps,
What is Google's mission and how Youtube premium fits into that
Google's mission is to organize information and make it accessible to all
You"See full answer
"To convince leadership at Google to build a wristwatch for the elderly, it's crucial to present a compelling argument that encompasses user needs, market potential, and Google's strategic alignment. Here's a detailed proposal:
1. Understanding the User Needs
Target Audience
Primary Users: Elderly individuals, especially those with health conditions requiring monitoring and those living independently.
Secondary Users: Family members and caregivers.
**Pain Points"
Gaurav M. - "To convince leadership at Google to build a wristwatch for the elderly, it's crucial to present a compelling argument that encompasses user needs, market potential, and Google's strategic alignment. Here's a detailed proposal:
1. Understanding the User Needs
Target Audience
Primary Users: Elderly individuals, especially those with health conditions requiring monitoring and those living independently.
Secondary Users: Family members and caregivers.
**Pain Points"See full answer
"Clarifying questions
Target customers: users who want to book flights, hotel etc.
Geo: USA
Form factor: web and mobile app
About the company
Agoda wants its users to 'see the world for less' i.e. they are targeting users who want to travel (for business or pleasure) and their key value proposition is price i.e. lowest cost hotels, flights and other services.
Business model: Agoda is an online market place where vendors like airlines, hotels etc. are displayed and user can search for a"
Rahul J. - "Clarifying questions
Target customers: users who want to book flights, hotel etc.
Geo: USA
Form factor: web and mobile app
About the company
Agoda wants its users to 'see the world for less' i.e. they are targeting users who want to travel (for business or pleasure) and their key value proposition is price i.e. lowest cost hotels, flights and other services.
Business model: Agoda is an online market place where vendors like airlines, hotels etc. are displayed and user can search for a"See full answer
"What do we mean by grow the VC feature? I am assuming the goal to be feature adoption.
Goal: Increase VC feature adoption and usage within a timeframe (say, 6 months?)
User Segments:
I am thinking of the following user segments for this problem -
Security conscious users (mostly an overlap with high spending limit card users)
Frequent shoppers with multiple online subscriptions (we could quantify this like >5 subscriptions or so)
Potential CapitalOne users who have shown interest in the"
Ashima S. - "What do we mean by grow the VC feature? I am assuming the goal to be feature adoption.
Goal: Increase VC feature adoption and usage within a timeframe (say, 6 months?)
User Segments:
I am thinking of the following user segments for this problem -
Security conscious users (mostly an overlap with high spending limit card users)
Frequent shoppers with multiple online subscriptions (we could quantify this like >5 subscriptions or so)
Potential CapitalOne users who have shown interest in the"See full answer
"Define the feature
A virtual card number is a temporary or disposable card number generated by your credit card issuer or financial institution. It is designed to protect your actual credit card information during online transactions. Its main purpose is the security of your actual credit card.
Clarification questions
No questions
What is the purpose of the feature?
Enhanced Security: Using a virtual card number protects your actual credit card details from being exposed to potentia"
Ekta M. - "Define the feature
A virtual card number is a temporary or disposable card number generated by your credit card issuer or financial institution. It is designed to protect your actual credit card information during online transactions. Its main purpose is the security of your actual credit card.
Clarification questions
No questions
What is the purpose of the feature?
Enhanced Security: Using a virtual card number protects your actual credit card details from being exposed to potentia"See full answer
"Problem statement
The water heater can currently be controlled only physically i.e. the user must be present infront of the heater to manage it.
Key value proposition
The user must be able to control the water heater remotely using an app (preferably via their mobile phone)
Target geo: USA, OS: both Android and iOS, Form factor: Mobile
Target market
Water heaters are used by everyone who lives in an area experiencing temperatures < 20 degree Celsius. The user uses the water heater eve"
Rahul J. - "Problem statement
The water heater can currently be controlled only physically i.e. the user must be present infront of the heater to manage it.
Key value proposition
The user must be able to control the water heater remotely using an app (preferably via their mobile phone)
Target geo: USA, OS: both Android and iOS, Form factor: Mobile
Target market
Water heaters are used by everyone who lives in an area experiencing temperatures < 20 degree Celsius. The user uses the water heater eve"See full answer
"Clarifying questions / assumptions
we are talking about a typical retail bank and not investments banks or other NBFCs
The banking app covers the primary functions of a bank like money transfers, account management, savings etc.
A typical bank has the following business functions:
Giving loans (primary function to make money)
Savings and other accounts
Investments (like Fixed deposits of the bank and other government schemes)
Pain points
A bank had to deploy manpower to perform all"
Rahul J. - "Clarifying questions / assumptions
we are talking about a typical retail bank and not investments banks or other NBFCs
The banking app covers the primary functions of a bank like money transfers, account management, savings etc.
A typical bank has the following business functions:
Giving loans (primary function to make money)
Savings and other accounts
Investments (like Fixed deposits of the bank and other government schemes)
Pain points
A bank had to deploy manpower to perform all"See full answer
"
Before starting to answer let me gather the necessary details before proceeding:
Objectives and Goals\:
"What are the primary objectives of implementing the push notification system? Are we aiming to increase user engagement, drive sales, or provide timely updates?"
Target Audience\:
"Who is the target audience for these push notifications? Are there specific user segments we should focus on?"
Platform and Device Considerations\:
"Which platforms (iOS, Andr"
Mereke D. - "
Before starting to answer let me gather the necessary details before proceeding:
Objectives and Goals\:
"What are the primary objectives of implementing the push notification system? Are we aiming to increase user engagement, drive sales, or provide timely updates?"
Target Audience\:
"Who is the target audience for these push notifications? Are there specific user segments we should focus on?"
Platform and Device Considerations\:
"Which platforms (iOS, Andr"See full answer
"I used the GAME method.
Started first with defining the product and setting the mission and goal for Zoom. Stated that the product grew in popularity in 2020-2021 for both business and personal use, but since lockdown ended, shifted to business use. Goal is to effortlessly and seamlessly connect people anywhere. Focused on the business use case and stated Zoom makes revenue through contracts signed with various enterprises. Due to maturity of the product and business focused, said it make"
Jeffrey F. - "I used the GAME method.
Started first with defining the product and setting the mission and goal for Zoom. Stated that the product grew in popularity in 2020-2021 for both business and personal use, but since lockdown ended, shifted to business use. Goal is to effortlessly and seamlessly connect people anywhere. Focused on the business use case and stated Zoom makes revenue through contracts signed with various enterprises. Due to maturity of the product and business focused, said it make"See full answer