Product Thinking Estimation Metrics Behavioural Questions

A PM's Toolkit

Effort Estimator

Interview Prep Kit

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Interview Exercises

Behavioural Questions Product Thinking Estimation Exercises Understanding Metrics

Understanding Metrics

A product manager needs to know how to measure the success of anything they build or improve.

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What are they?

Metrics are stats to track the success of a product/feature
These can be asked as an extension of product thinking questions.

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Why test it?

Product Managers are required to measure every product or a feature they build.
They often have to improve features iteratively by measuring at every iteration.
They also need to prioritise "What to Improve".

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What are we looking for?

Awareness of how businesses impact is measured and common standards in the relevant industry.
Has candidate narrowed on the right metrics to measure.

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Easy

What is the north star metric for Spotify? Why?

Spotify North Star Metric

Intermediate

What are the top retention metrics to track for a forum like Reddit?

Reddit Retention Metrics

What metrics will be considered for evaluating the performance of a food delivery platform such as Doordash?

Food Delivery Metrics

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How to approach if you are preparing for an interview?

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Example Questions

Which metrics should a SaaS product consider?
To track support tickets, what metrics will you consider?
You are product manager of a travel booking app for flights. What metrics will you consider?
You are in-charge of the payment page for an app. What metrics will you be monitoring?

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Clarify question

Example: By facebook ads, do you mean only newsfeed ads or all ads including story ads? all ads through facebook

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Choose a framework

Example: AARRR, HEART

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List down metrics using the framework.

Expect follow up questions to reason out why you chose them.

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