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Tell me about a time you had to change a KPI.

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Situation- A leading news brand was supported by ad monetization i.e users watching would be shown pre-roll and mid-roll ads. Our north star metric was # of users watching video since our assumption was more the videos watched, more the ad monetization.

Task- The ad monetization revenue was still lagging despite increase in number of videos watched. We were probably looking at a wrong north star metric

Action- I looked at the ad consumption data, most of the customers dropped off when they reached the mid roll ad. Due to which we were only able to get through pre-roll ad. To resolve this, we decided to add a functionality to supress mid roll ad if the user has already seen an add for the past 4 mins. This reduced the amount of users dropping after the mid roll ad. We also updated our north start metric as # of users who have watched the video for atleast 60% of duration since mid roll ad is shown at 50% of the video segment.

Result- The new north star metric was a true representation of ad monetization since it demonstrated the users who had definitely seen the pre-roll ad and a portion of users who had seen mid roll ads
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Get access to 2,346 pm interview questions and answers to give yourself a strong edge against other candidates that are interviewing for the same position
Get access to over 238 hours of video material containing an interview prep course, recorded mock interviews by expert PMs, group practice sessions, and QAs with expert PMs
Boost your confidence in PM interviews by attending peer to peer mock interview practices, group practices, and QA sessions with expert PMs