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Showing posts with the label Product Strategy

Strategy Interview Question - How would you increase the revenue of a Hypermarket Chain ?

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Strategy Interview Question - How would you increase the revenue of a Hypermarket Chain? Interviewer:   Our client is a hypermarket chain . They are looking at ways to increase their revenue . Please help them with a strategy for the same .   Increase revenue of Hypermarket chain

How would you expand Airbnb? [Product Management Interview Question ]

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Image source - https://www.bbc.com/news/technology-50315546 Interviewer:   You are a PM at Airbnb . You are given the task to expand Airbnb . How would you go about this?   Priyanka:  To get a better understanding of the problem, I would like to ask few clarifying questions.   Interviewer:   P lease go ahead.     Priyanka:  Firstly, I would like to clarify my understanding of Airbnb . It started its services with room renting and soon adopted a marketplace model where hosts can list their properties and guests can book the properties . Airbn b earns commissions for each of the bookings made in exchange for the value provided to both hosts and guests. Airbnb operates on an asset light model and does not own any of the properties listed on their platform. Airbnb has also started virtual tourism by providing online experiences or a new way of travel where people can tour a place virtually.   Interviewer:  Yes, that is well defined.   Image Source - https://www.airbnb.co.in/s/experie

How would you increase the market penetration of Netflix in developing countries?

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Image source - Rafael Henrique/SOPA Images/LightRocket via Getty Images Interviewer: You are a PM at Netflix. You are given the task to increase market penetration in developing countries. How would you go about this? Priyanka:  To get a better understanding of the problem, I would like to ask some clarif ying questions .   Interviewer:   Sure , please go ahead.     Priyanka:   Firstly, I would like to clarify my understanding of Netflix. It is an OTT platform that provides a plethora of content like movies, television shows, and documentaries and has changed the entertainment landscape and the way people consume content . Netflix follows a subscription-based model where the customers pay either monthly or yearly fees to access the services . It also offers personali zed lists and recommendation s which further enhances the experience. Interviewer:  Yes , that is well-defined .     Priyanka:   I am assuming there is enough internet penetration in developing countries to su

How will you identify fake reviews on Flipkart? [Flipkart PM Ques]

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Interviewer:   How will you identify fake reviews on Flipkart? What will you do to decrease them? Image source -  https://www.searchenginejournal.com/ Priyanka:  To get a better understanding of the problem, I would like to seek some clarification. Interviewer:  Yes, please go ahead. Priyanka:  Firstly I would like to clarify my understanding of Flipkart, it is an e-commerce platform where sellers interact with users and sell their products through the platform. Flipkart gets a commission from each sale made through its platform. It offers other services like travel booking, grocery etc. Interviewer:  Yes. Priyanka:  Now talking about fake reviews. Reviews are users’ opinions for a particular product which help other shoppers get a better understanding of the product. It usually contains text and might contain images also. For example — If a user buys a dress from Flipkart and finds it good they post a picture of the dress and write a review to describe their experience. With e-commerc