"Whenever you look at the launching a new product you might want to follow the following framework:
Describe the product
for e.g. you are considering launching amazon go. What does Amazon go does. And what is the problem its solving. For e.g Amazon go is a new age grocery store that lets you buy product without the hassle of waiting in long queues for checkout.
Always ask clarifying questions to understand the scope.
For e.g. what will Amazon go be used for. Are we aiming it for basic grocerie"
Rani D. - "Whenever you look at the launching a new product you might want to follow the following framework:
Describe the product
for e.g. you are considering launching amazon go. What does Amazon go does. And what is the problem its solving. For e.g Amazon go is a new age grocery store that lets you buy product without the hassle of waiting in long queues for checkout.
Always ask clarifying questions to understand the scope.
For e.g. what will Amazon go be used for. Are we aiming it for basic grocerie"See full answer
"I like Spotify, because Spotify has a social element and an element of community that other music apps do not. The ability to see what friends are listening to, make playlists/jams with friends, and enjoy the "wrapped" at the end of the year (which is also an incredible social sharing tactic), is what sets it apart from other apps."
Madeline S. - "I like Spotify, because Spotify has a social element and an element of community that other music apps do not. The ability to see what friends are listening to, make playlists/jams with friends, and enjoy the "wrapped" at the end of the year (which is also an incredible social sharing tactic), is what sets it apart from other apps."See full answer
"This is a classic Favorite Product question with a constrained product type. For this, we want to make sure it's a SaaS product. Let's go over the Favorite Product formula before diving in:
Choose a product and briefly explain what it is
Who are the users?
What are their pain points?
How did competitors solve it in the past?
How does this product address these pain points differently and better?
How would you improve it/make it better?
**Summarize"
Exponent - "This is a classic Favorite Product question with a constrained product type. For this, we want to make sure it's a SaaS product. Let's go over the Favorite Product formula before diving in:
Choose a product and briefly explain what it is
Who are the users?
What are their pain points?
How did competitors solve it in the past?
How does this product address these pain points differently and better?
How would you improve it/make it better?
**Summarize"See full answer
"A peer-to-peer car rental is a 2-sided marketplace, with two types of users : 1) those who want to rent a car (demand), 2) those looking to rent out their car (supply). So, there are two main challenges for us to solve for through our MVP: 1) the classic (critical mass) marketplace problem of ensuring enough demand and supply. Either side will not find the product useful unless, there is enough of the other group of users, 2) In the case of peer-to-peer car rental, we are also trying to change u"
Preethi R. - "A peer-to-peer car rental is a 2-sided marketplace, with two types of users : 1) those who want to rent a car (demand), 2) those looking to rent out their car (supply). So, there are two main challenges for us to solve for through our MVP: 1) the classic (critical mass) marketplace problem of ensuring enough demand and supply. Either side will not find the product useful unless, there is enough of the other group of users, 2) In the case of peer-to-peer car rental, we are also trying to change u"See full answer
"Clarification
— Need to design an MVP for Booking’s homepage to improve CLV
— Objective is to test out things to get more CLV out of our existing or new customers right? yes
— apart from this objective, is there anything that I have to keep in mind? nope
— is there any preference in user groups or geography or platform? mobile, open to all
Cool, I get the gist of it.
Improving or increasing CLV is a function of retention & cross-sell.
— retention what all things we can build for reten"
Shashi R. - "Clarification
— Need to design an MVP for Booking’s homepage to improve CLV
— Objective is to test out things to get more CLV out of our existing or new customers right? yes
— apart from this objective, is there anything that I have to keep in mind? nope
— is there any preference in user groups or geography or platform? mobile, open to all
Cool, I get the gist of it.
Improving or increasing CLV is a function of retention & cross-sell.
— retention what all things we can build for reten"See full answer
Product Manager
Product Design
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"What goals would you set for Reels recommendation engine?
Clarification:
Is this Reels on Instagram, FB?
Which ones do you mean? -Instagram
What does this feature cover- Reels recommendation engine- showcases a new video to the user
when tapped
User can Like, comment , add reel to the story, remix this reel, save,
report, not interested
Why is this done?
Competition from Tiktok : Make Reels appealing to Meta userbase so that Meta doesn't lose
users, creators, brands to TikTok
Mission
"
UoP - "What goals would you set for Reels recommendation engine?
Clarification:
Is this Reels on Instagram, FB?
Which ones do you mean? -Instagram
What does this feature cover- Reels recommendation engine- showcases a new video to the user
when tapped
User can Like, comment , add reel to the story, remix this reel, save,
report, not interested
Why is this done?
Competition from Tiktok : Make Reels appealing to Meta userbase so that Meta doesn't lose
users, creators, brands to TikTok
Mission
"See full answer
"You should be able to identify this as a Strategy Question, which asks you to justify high-level business decisions and strategy. Be concise and to the point.
> The underlying theme I can see in these services is that they all encourage people to start online businesses. This helps Stripe since their main product is the ability to handle online transactions. Stripe takes a percentage fee from each transaction, so it's in their best interest to encourage the growth of internet-enabled busines"
Exponent - "You should be able to identify this as a Strategy Question, which asks you to justify high-level business decisions and strategy. Be concise and to the point.
> The underlying theme I can see in these services is that they all encourage people to start online businesses. This helps Stripe since their main product is the ability to handle online transactions. Stripe takes a percentage fee from each transaction, so it's in their best interest to encourage the growth of internet-enabled busines"See full answer
"User groups -
Elderly People
People with physical disabilities
Blind people
Hikers
The cane required for each group is different. Elderly and People with physical disabilities are using it for support, and hence their cane has to be more stable and static.
The cane for blind people is very lightweight because they use it to find any hurdle on their way
The cane for hikers is mostly for support but lightweight because they cannot carry heavyweights cane while hiking.
Thinking about the blind"
Priya J. - "User groups -
Elderly People
People with physical disabilities
Blind people
Hikers
The cane required for each group is different. Elderly and People with physical disabilities are using it for support, and hence their cane has to be more stable and static.
The cane for blind people is very lightweight because they use it to find any hurdle on their way
The cane for hikers is mostly for support but lightweight because they cannot carry heavyweights cane while hiking.
Thinking about the blind"See full answer
"This is another Diagnosis problem. To answer this question, we suggest you use our framework (along with the TROPIC method) to be as thorough as possible. The framework is as follows:
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 probable cause
Test theories
Propose solutions
Summarize
"
Exponent - "This is another Diagnosis problem. To answer this question, we suggest you use our framework (along with the TROPIC method) to be as thorough as possible. The framework is as follows:
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 probable cause
Test theories
Propose solutions
Summarize
"See full answer
"Estimate the number of Instagram posts per day
Assumptions: calculating for the US only
Assumption for grid photos and not stories
Equation
Number of Instagram posts / day = users * frequency / 365
Break down components
Assumption: instagram has 1 billion active user's across the world, let's assume there's 100 million active users in US
But in a day there's likely only 50% of the active users on the app
[30%] Casual Users - open the app 3-4 times a week but post once ever"
Danyal R. - "Estimate the number of Instagram posts per day
Assumptions: calculating for the US only
Assumption for grid photos and not stories
Equation
Number of Instagram posts / day = users * frequency / 365
Break down components
Assumption: instagram has 1 billion active user's across the world, let's assume there's 100 million active users in US
But in a day there's likely only 50% of the active users on the app
[30%] Casual Users - open the app 3-4 times a week but post once ever"See full answer
"My clarifying questions :
what's the impact of the bug ? / responses : intermittent, no platform stability at risk, but a feature, many customer rely on this buggy feature
what's the estimation of the user impacted ? / responses : 65% of the users
how long to figure out a solution ? / reponses : 1 week
My action plan :
delay the publish of the release in order to protect the brand identity and customer trust
talk to the big customer to explain the situation with transparency and nego"
José N. - "My clarifying questions :
what's the impact of the bug ? / responses : intermittent, no platform stability at risk, but a feature, many customer rely on this buggy feature
what's the estimation of the user impacted ? / responses : 65% of the users
how long to figure out a solution ? / reponses : 1 week
My action plan :
delay the publish of the release in order to protect the brand identity and customer trust
talk to the big customer to explain the situation with transparency and nego"See full answer
"One feature I launched was a construction draw process enhancement for loans ranging from $15MM to $60MM In response to the need for improved efficiency and accuracy in managing construction loan disbursements, I led the development and implementation of a streamlined process within our banking platform.
Working closely with stakeholders, including borrowers and internal teams, I gathered requirements and identified pain points in the existing process. Leveraging my expertise in data analysis a"
Jack F. - "One feature I launched was a construction draw process enhancement for loans ranging from $15MM to $60MM In response to the need for improved efficiency and accuracy in managing construction loan disbursements, I led the development and implementation of a streamlined process within our banking platform.
Working closely with stakeholders, including borrowers and internal teams, I gathered requirements and identified pain points in the existing process. Leveraging my expertise in data analysis a"See full answer
"Clarifications and GoalsTimeline: Three years.
Geography: U.S. market.
Scope: Google Photos integration with Drive, Gmail, and Pixel devices.
Revenue Sources: Storage subscriptions, in-app purchases, and new streams.
Google’s Mission & ObjectivesMission: Organize the world’s information and make it accessible and useful.
Business Goals:Increase user engagement.
Boost adoption of premium tiers.
Explore new monetization streams.
Landscape AnalysisCompetitors: A"
Carlos S. - "Clarifications and GoalsTimeline: Three years.
Geography: U.S. market.
Scope: Google Photos integration with Drive, Gmail, and Pixel devices.
Revenue Sources: Storage subscriptions, in-app purchases, and new streams.
Google’s Mission & ObjectivesMission: Organize the world’s information and make it accessible and useful.
Business Goals:Increase user engagement.
Boost adoption of premium tiers.
Explore new monetization streams.
Landscape AnalysisCompetitors: A"See full answer
"One possible product idea is to create a Layover Buddy app that connects travelers who have layovers at the same airport and helps them make the most of their time. The app would use Facebook’s data and features to match users based on their preferences, interests, and flight schedules. For example, the app could suggest users who are traveling to the same destination, who have similar hobbies or tastes, or who are looking for the same type of activity during their layover.
The app would als"
Anonymous Dove - "One possible product idea is to create a Layover Buddy app that connects travelers who have layovers at the same airport and helps them make the most of their time. The app would use Facebook’s data and features to match users based on their preferences, interests, and flight schedules. For example, the app could suggest users who are traveling to the same destination, who have similar hobbies or tastes, or who are looking for the same type of activity during their layover.
The app would als"See full answer