Product Strategy Interview Questions

Hamzeh J. - "Evaluate how much the issue affects the sprint goal and timeline. If it blocks the main goal, it needs to be prioritized. Discuss the issue with the team. Analyze the root cause of the issue. Is it because of unclear requirements or a design flaw? You may need to re-prioritize tasks. If the issue is serious enough to delay or change the sprint goal, communicate the updates to stakeholders and manage their expectations. Keep an eye on the solution’s progress and adjust your plans a"See full answer

Alibi M. - "I would answer this question using MECE framework: Profit = Revenue - Costs. Revenue = # customers * price In case of the trading platform, this could be translated into avg. trading activity per user * avg. commission rate . Ask if there has been any recent change to Active users or their trading activities. Similarly, ask if the commission rate has been changed recently. Based on this information, you can then identify the problem and get to the root cause of this. Similarly with Costs. "See full answer

Devendra B. - "Narrow scope of mission: As a Product Manager for Google Search, my primary mission would be to enhance the search experience for users, ensuring they find the most relevant information quickly and efficiently. This involves continually improving the quality of search results, enhancing the user interface, and exploring innovative features to meet evolving user needs. Customer segments: Google Search caters to a diverse range of users, including students, professionals, researchers, and"See full answer

Harshit G. - "Great question. My favourite product is YouTube Music. Let's see on what its strategy should be for next year. Clarifying questions No clarifying questions on this as I will be working with my favourite products. I will have few assumptions which I will state out before we proceed. Assumptions Assuming that we need to come up with strategy for YouTube Music app - not considering YouTube as a whole as part of this. I am considering overall audio streaming as the space to come up with the s"See full answer

Anonymous Bee - "Which structure would you suggest for such a question?"See full answer

Hl M. - "Would love to have transcripts posted below videos with timestamps to help us browse the video when video lengths are typically longer"See full answer

Krishan K. - "If I could only talk to one customer of my product, I will pick that customer who was earlier a loyal user of my product but now engaging less or have left the product recently. As a PM, two most important metrics that show that your product is worthy for your users are retention & monetisation. If I am seeing a Loyal user not engaging any more with my platform, it shows that either that user has found 10X better substitute to satisfy the same need or that user is not liking my platform any mor"See full answer

Philip C. - "Initial Assumptions I’m going to assume that this is a blue sky question, and there aren’t any constraints in terms of geo, funding, etc. With that in mind, one deeply unoptimized product is… a parking meter. I’ll assume for the sake of this answer that we’re focusing on parking in an urban environment since that’s where most parking-related friction exists. I’m also going to assume that we’re a startup and don’t have any special strengths/ weaknesses that we need to account for"See full answer

Naga M. - "PS: Below is my solution. Appreciate if you can provide feedback to improve Followup Questions: Are you referring to Credit Cards or Debit Cards? Assuming it's about Credit Card Why does Capital One want to issue Virtual Cards? (want to know any specific goal in mind) Want to improve security standards which will result in more usage (user purchases) Which user segments do you want to target? (Want to if they are focusing value from a specific user segment)? Assuming they are focu"See full answer

Madhuri J. - "Clarifying questions Define ride sharing app: An app for people who wish to go from one place to another and they prefer to share the ride with fellow riders who are heading to the common route. This app provides a way to book a shared cab or Auto. Type of rides: Does not include luxury cars We are trying to enhance customer experience by ensuring less cancellations from user's side rather then cancellation from driver's side. No timelines involved Need to consider competitors"See full answer

Jonathan S. - "To clarify the question, we need to know What portion of “food” are we discussing? All groceries, cold ready-to-heat meals, meal kits, hot meals, or something else? Finding “something else” presents the opportunity to invent a new sector of the business that leverages Amazon’s unique strengths. That’s more likely to be a winner idea, from Amazon’s perspective and the interviewer’s opinion of you, than copying some other company’s existing approach. But it’s also possible the interviewer has a"See full answer

Maggie Y. - "8 Questions in 1 hr. no additional info is available from the interviewer, not much interaction. I still don't quite understand their objective."See full answer

Mohammad M. - "Clarifying questions What is Facebook Events How does this work Is it only desktop based or app based as well Why Meta built it Core idea/tenet for Facebook is to have user engagement & to build everything around it. While people continue to interact with Facebook and create content on it, to increase the duration of engagement, having capability to host virtual events ensures community participation and making Facebook go beyond status and photo updates and let people coordinate"See full answer

Ama M. - "Answering only estimation portion for practice (for some reason after submitting the formatting is unorganized) clarification and assumptions can I assume this grocery store location is called Greens can I assume that self-checkout means that customers checks out without assistance? can I assume that cashier checkout means that cashier assists customers with checkout? can I assume that ratio means how man self-checkouts should be place at this grocery store compare"See full answer

Bailey O. - "For this answer, I'm assuming that I'm a PM who has just started at this company. I assume this product is a growing start-up and that's why I wasn't familiar prior to taking the role. Understand the business, mission, and product's context: Understand the company mission, values, vision Understand any near-term/long term company goals Meet & listen to key stakeholders & decision makers Build relationship with team members Understand who the first 'sale' or 'bu"See full answer

Anonymous Warbler - "ATTEMPT 2: Facebook Dating Sign up for a dating profile if you have FB account You see profiles of others who signed up It’s presented in a form browse cards Like or Not like profile Like + Like = Match = Unlocks to exchange messages Meetup + Date Facebook Dating - Helping people meet to date -> potential connections or long-term partner or marriage Users Just to date / meet new people Look for a meaningful relationship Look for marriage or partners"See full answer

Sameer A. - "Google’s Mission: Organize the world’s information and make it universally accessible. Google offers perhaps the most consequential set services available on the internet today - Search, Maps, Gmail, Drive, Docs, etc. These services reach billions of users across the world and they are all available for free. Google is able to give away these services for free because of how their business model works. Google’s Business Model: Google makes money from Ads. They offer perhaps the most"See full answer

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