How to answer Metrics questions
Interview Guide
You'll get access to over 3,000 product manager interview questions and answers
Recommended by over 100k members
I would first confirm that Stripe Billing is the feature that allows a merchant to invoice their end-customers or enable them to sign up for subscriptions. This product is available in 3 flavors:
1. Basic
2. Professional
3. Enterprise
Each catering to a different customer-segment.
Would ask additional clarification question on if there is a specific aspect that the interviewer wants me to focus on as the success of a product can vary depending on whether we define it based on:
1. Adoption
2. Continued Usage
3. Revenue and or profitability.
Assuming the interviewer wants me to pick one or more critical success metrics for each of these:
1. Adoption:
a. Month over Month (MoM) growth in the number of customers signing up to use Stripe Billing.
2. Continued usage:
a. DAU or MAU of any critical features or pages in the product.
b. MoM churn rate. We want to keep the churn rate as low as possible as it will boost the average Lifetime Value (LTV) of a customer
3. Revenue
Stripe's typical revenue model is based on a percentage of overall transactions processed. Hence it would be important to looks at:
a. Average MoM transactions processed in terms of $.
b. Average MoM revenue per customer.
1. Basic
2. Professional
3. Enterprise
Each catering to a different customer-segment.
Would ask additional clarification question on if there is a specific aspect that the interviewer wants me to focus on as the success of a product can vary depending on whether we define it based on:
1. Adoption
2. Continued Usage
3. Revenue and or profitability.
Assuming the interviewer wants me to pick one or more critical success metrics for each of these:
1. Adoption:
a. Month over Month (MoM) growth in the number of customers signing up to use Stripe Billing.
2. Continued usage:
a. DAU or MAU of any critical features or pages in the product.
b. MoM churn rate. We want to keep the churn rate as low as possible as it will boost the average Lifetime Value (LTV) of a customer
3. Revenue
Stripe's typical revenue model is based on a percentage of overall transactions processed. Hence it would be important to looks at:
a. Average MoM transactions processed in terms of $.
b. Average MoM revenue per customer.
0 likes | 0 feedback
Top Stripe interview questions
- What is your favorite product? Why?89 answers | 263k views
- How many dentists are there in New York?33 answers | 36.7k views
- What should Airbnb's strategy be during the COVID-19 pandemic?26 answers | 35.9k views
- See Stripe PM Interview Questions
Top Metrics interview questions
- How would you measure the success of Facebook Likes?40 answers | 61.3k views
- What metrics would you use to measure the success of the Save feature at Facebook? 39 answers | 87.2k views
- How would you measure the success of Gmail?23 answers | 17k views
- See Metrics PM Interview Questions
Top Stripe interview questions
- Drivers are dropping out of a city on Lyft. How do you figure out what's going on?23 answers | 18.8k views
- You are the PM for a B2C product that has an advertisement-based monetization model with significant and steady daily revenues. One day, there are no ads served and the revenues plummet to zero. What would be your strategy, as a Product Manager, to deal with this crisis?21 answers | 22k views
- How would you re-design the carwash?11 answers | 10.3k views
- See Stripe PM Interview Questions
Top Metrics interview questions
- What metrics would you look at as a product manager for Instagram ads?19 answers | 23.8k views
- What is the most important metric for Google Docs and why?19 answers | 15.3k views
- What goals would you set for a Facebook Dating feature?14 answers | 9.4k views
- See Metrics PM Interview Questions