Product Strategy Interview Questions

coolkid1 - "wasn't aware of ticketmaster thus asked time from interviewer to glance through the portal, also cross-checked any other value prop from the interviewer that i couldn't infer from website, for ex. providing assurance of confirmed tickets. clarifying questions - who am i? do we want to partner with another player or provide services on our own? any specific goal - monetization, engagement, retention etc. in mind? any particular geo? "See full answer

Vishnu G. - "This is a classic strategic dilemma, but the answer for Walmart, given its core business model and strengths, is quite clear: Invest in boosting dish soap production. Here's why: Proven Success: Dish soap is Walmart's top product with strong, established sales. Scaling leverages existing, efficient supply chains and customer demand. Core Competency: Walmart excels at high-volume, low-margin household goods. This aligns perfectly with their business model and customer base. **L"See full answer

Rev - "Clarify: More about google online tutoring service? - content type, is it recorded/ live, certified/ at own pace/ paid, unpaid, etc.? Objective of this service? Organise world's info & make it accessible & useful, any other objective? What is the revenue model? Competition? Region/ geography? Constraints? Approach: Awareness about the product & job openings: Print & Digital media, ads via google products Accessibility to apply LinkedIn/ Google careers page, post"See full answer

Anjaly J. - "Spotify is a music streaming app. Monetization of Spotify happens in multiple ways : Ads Subscriptions (Ads free, premium) Make Spotify default on Android phones as Apple Music on Iphones Spotify to be a default on Nest hubs Exclusive membership (New songs ) Learn with Spotify classes Chat with Content creators (for a minimum fee)"See full answer

Mehdi K. - "It would be good to talk about the impacts on costs as well"See full answer

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

Tracy C. - "Before I walk you through my thought process, I want to align you with the definition of discovery. I assume discovery is the journey before a guest adds a property or experience to the cart, which can be broken down into the discovery of listings pre-search bar on the homepage and discovery post-search bar on the search results page. Are we talking about both touch points as discovery, or would you like me to focus specifically on one? Is this for a specific platform, mobile or desktop web? Bec"See full answer

Ekta M. - " Why do we want to increase the price? How much do we need to increase? Is it tied to some kind of revenue target? What is the region in which price needs to be increased? - Say India Who are the major players in that region who offer similar services and how are they priced? Will the users switch to those competitors? What is our unique proposition for retention? Do we have any leverage against them which will stop the users from churning? Any change in pricing or anything major like terms an"See full answer

Agnes D. - "Clarify: What is the objective? Grow user base of Prime or add revenue? Hypothesis: I believe it would be to grow user base of Prime. In that case, I would look at the target users for this – which will be mostly Non-Prime members whom we are trying to convert to Prime users. If I analyze who would be interested in purchasing gifts and having them gift-wrapped, user segmentation would not really add value as age, gender or geographical segmentation will not provide much differentiatio"See full answer

Araz J. - "Time taken: ~40min. I made up how Gmail Ads work A: Do you mind if I clarify a few things about this question? G: Sure! A: I would like to understand what Gmail ads is and how it works? G: Gmail ads are interactive ads that show in the Promotions and Social tabs of your inbox. A: I know there can be other emails under Promotions or Social tab such as different brands sending promotional emails. G: Gmail ads look different and are labeled as "ads by gmail" A: Great. And how does Gmail ads make"See full answer

Anna H. - "Great. I'm going to get started by asking clarification questions for (1) understanding of the gap by assessing current product features for bookings via platform?, (2) brainstorming possible solutions, (3) how to implement solutions, and (4) suggesting metrics to validate solutions towards an increase of bookings Clarification questions & Assumptions: What is customer segment (family/ group/ individual)? In which market? (individual & US market) Should I specifically focus on one of use ca"See full answer

Anonymous Sparrow - "Clarifying question: how does Uber know that this is happening and has there already been research as to why drivers are doing this? Approach: Understand the problem and how big of a problem is it? Is it a big enough problem to address given other competing priorities? Given the why's both for drivers and riders, ideate solutions to both drivers and riders Prioritize solutions Measure of success Summary Propose the approach above and solicit feedback from interviewer, incorporat"See full answer

Charmi S. - "Clarification: Why South Korea and why Google has expanded their yet. I know there are some government security concerns which have bene in place but how is this integration going to expand Is this something like Google Maps itself or is it tailored to particular needs or region Google Mission & Why we want to expand? Google mission is to organize world's information and make it universally available. The Google Map in South Korea aligns with this as it will help people navigate through t"See full answer

Unicorn 2. - "I would ask what are the currently supported modes of transport. Assuming cars, luxury cars, transit. Bike and scooter is off limits. Also assuming Lyft is available only in the US currently. Then I would start off with the Goal. Why does Lyft want to launch a new mode of transport. Assuming possible reasons in order of priority: 1) To gain market share 2) To gain new users (riders/drivers) 3) Improve experience of users (riders/drivers) Do we have restrictions on country that we can l"See full answer

KittyKat - "I’d discuss definition of keywords: UPI ( service ) and what does revenue mean in UPI Assume goals - Increase 50% by the next one year Geo - India User Users to Users ( P2P ) Users to Merchant ( P2M ) Merchants to Merchant (small-scale UPI ) Picked User Segment - Users to Merchant ( P2M ) Pain points Subscriptions Tap on pay Frauds / Trust issues Upper cap 1L No Cost EMI / EMI on UPIs Credit on UPIs Spending Insights Integrations with devices - smartwatches, smart TVs, sm"See full answer