Behavioral
Tell me about at time when you faced a situation where you have spotted a bigger opportunity than what everyone thought it would be?
Product Manager
DoorDash
Uber
Panasonic
Wayfair
Zynga
HomeAway
Answers
Anonymous
5 months ago
Example: Expanding the Scope of Hafh's Travel X Project
At Kabuk Style, while working on the Travel X project for the Hafh platform, we initially focused on a narrow scope—integrating Hotelbeds API to expand our accommodation offerings. This was expected to enhance our property portfolio by around 50%, which was already considered a significant win.
However, during the early stages of market research and user feedback analysis, I identified a much larger opportunity. By exploring blockchain technology, we could revolutionize the traditional subscription model, offering a unique, secure, and scalable travel subscription service. This would not only increase our property offerings but also position Hafh as an industry leader in innovative travel solutions.
I presented this broader vision to the leadership team, backed by data and potential ROI, showing how this approach could expand our customer base beyond traditional travelers to tech-savvy, privacy-conscious users. Initially, there was some resistance due to the perceived complexity and risks of implementing blockchain. However, I convinced key stakeholders by demonstrating the long-term benefits and market differentiation this could offer.
As a result, the project was expanded to include the blockchain-powered subscription service. This led to a 90% increase in our property portfolio, a 30% boost in bookings, and positioned Hafh as a pioneering platform in the travel industry, far exceeding the original expectations.
Anonymous
7 months ago
I was following the AI advanced and was one of the 1 million users used ChatGPT, I tried it for our meeting summarization product and find it amazingly doing good job. Waited for MSFT to provide an API for security reason, worked with team to create a quick demo to present to CEO, presented and let CEO try on CEO meeting, was blown away and approve to implement it in the product
Interview question asked to Product Managers interviewing at App Annie, Tiger Analytics, Merck and others: Tell me about at time when you faced a situation where you have spotted a bigger opportunity than what everyone thought it would be?.