Product Manager Mock Interview: Increase Restaurant Profits (with Google PM)

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  • čas přidán 1. 06. 2024
  • Don't leave your product management career to chance. Sign up for Exponent's PM interview course today: bit.ly/3lJuvxC
    In this mock interview, a Google product manager thinks through how to boost profits for a new restaurant. Nethra talks about the customer experience at a restaurant and which pain points to solve related to a customer's lunch or dinner to have them spend more and stay longer.
    Chapters -
    00:00 - Intro
    00:06 - Clarifying questions
    03:41 - Solution
    06:13 - Strategy to implement the recommendations
    09:48 - Advice to increase the number of orders
    12:42 - Framework for restaurants to consider delivery services
    15:56 - Interview analysis
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Komentáře • 30

  • @tryexponent
    @tryexponent  Před 4 měsíci

    Don't leave your product management career to chance. Sign up for Exponent's PM interview course today: bit.ly/3lJuvxC

  • @dhruvaggarwal3425
    @dhruvaggarwal3425 Před 10 měsíci +15

    I felt this was more of a management consultant approach to problem-solving than a Product Manager one. Couldn't really keep up with the recommendations. I would have rather picked one area after customer segmentation to determine the ideal buyer persona and then brainstorm "expanding the pie" by utilizing as many channels (digital - web/ mobile, 3rd party partnerships, rewards programs) to bridge the demand and maximize revenue.

  • @shayanijaz1
    @shayanijaz1 Před měsícem +1

    While this interview had many impressive moments, the approach in my head was different. I'd have followed the following approach:
    1- Understanding restaurant type, area, accessibility, and the major factors contributing to its revenue (historical data)
    2- Users and the most important segment of users
    3- User pain points and prioritization
    4- Solutions and implementation
    5- Success Metrics (KPIs)

  • @franciscopintoleite4371
    @franciscopintoleite4371 Před rokem +9

    I liked how she narrowed the problem initially. But I also feel that many answers were very broad. I will take that into account and not do it without in my interviews

  • @umangjain3592
    @umangjain3592 Před 3 měsíci +2

    I liked the structure but I think she could've asked on the budget constraints and geographical presence initially in the clarifying questions part. Budget constraints helps to prioritise recommendations and geographical presence can help us to think of other recommendations such as introducing or experimenting with different cuisines etc.

  • @DJRod91
    @DJRod91 Před 6 měsíci +1

    I love the process and thinking-masterfully done. Once we settled on the mom and pop shop as the client the solutions became “how do I make this as non mom and pop as possible” which is why hypothetical exercises are tricky.

  • @Aslan5981
    @Aslan5981 Před rokem +33

    Respectfully, I heard a lot of words, but no depth.

    • @besp7540
      @besp7540 Před 7 měsíci +3

      Its a kind of consulting interview with no depth needed

    • @kllpmc333
      @kllpmc333 Před 2 měsíci

      What else did you want to hear about to add more depth?

  • @ajitnandakumar
    @ajitnandakumar Před 11 měsíci +2

    Good one. It could be structured into - Product, Place, Promotion and Price

  • @adapaakhil1847
    @adapaakhil1847 Před 3 měsíci +1

    She did a great job at brainstorming ideas, certainly worth noting her recommendations down, but if she has put it in a proper structure and went a bit deeper it would have been excellent.

  • @askingwhy123
    @askingwhy123 Před rokem +8

    Hm. Table turn is critical on the margin, but "Would you like fries with that" type cross selling is the easiest way to increase revenue.

    • @tryexponent
      @tryexponent  Před rokem +2

      Hi SomeAssemblyRequired, that's a great recommendation to explore! Glad that you are engaging so actively with this mock interview and sharing your thoughts!

  • @Synce112
    @Synce112 Před 9 měsíci +5

    I really enjoyed this interview! I was impressed by how she was able to talk about a variety of solutions while still having good conversational flow. Definitely taking notes.

  • @palakjadwani
    @palakjadwani Před 6 měsíci +2

    Great set of recommendations but structure and depth could have been emphasized on more! I know this as I myself am trying to work on the same.

  • @aditichourey1008
    @aditichourey1008 Před 3 měsíci

    Loved it. Looking for more such videos!

  • @AnujJain23
    @AnujJain23 Před rokem +9

    Good one but it would have been better if problem was narrowed down in first half rather than jumping to solutions. There were recommendations across areas without a clear problem statement.

    • @tryexponent
      @tryexponent  Před rokem

      Hi Anuj, thanks for watching the video and taking the time to share your thoughts!

  • @xuanxuan5615
    @xuanxuan5615 Před rokem +2

    Love this interview! Some questions outside of Tech world is fun to watch

  • @besp7540
    @besp7540 Před 7 měsíci

    She has the best structure I heard

  • @hammerlockwow525
    @hammerlockwow525 Před 10 měsíci +7

    Too many recommendations by the candidate and not enough constraints from the interviewer. This was just a laundry list of ideas. I also don't think focusing on a mom-and-pop shop is a great segment to consider. Their adoption of technology is likely to be low. It's more likely to be family run so hiring "staff who really care" is harder -- and it also is going to eat into profits. As a candidate I would have focused on reducing cost. Consolidating menu items to reduce # of ingredients, using data to drive decisions around operating hours, identifying days of the week where food waste is high due to low volume, and offering promotions on those days, negotiating harder with suppliers to reduce cost, or maybe streamline purchases through one vendor, etc.

    • @tryexponent
      @tryexponent  Před 10 měsíci

      Hey hammerlockwow525, thanks for leaving your feedback! Appreciate it!

  • @shrutigupta8570
    @shrutigupta8570 Před 2 měsíci

    For restaurants metrics should be on the number of sales especially when we are focusing on increasing the revenue.
    Revenue per day
    Revenue per hour

  • @avishirathore5769
    @avishirathore5769 Před 5 měsíci

    can we solve this like a product design question by addressing to pain points of users?

  • @dataman17
    @dataman17 Před měsícem

    With all due respect, I felt that the some of the recommendations are broad and vague. For example to improve dining experience, investment in high quality or staff for personalisation,. Including Additional operational hours of restaurants to increase revenue, Time boxing customers to 50-90 minutes, should've delved deeper into this because these solutions can turn against you as well if customer experience is affected.
    Also, Digitization (with the emerging AI) could've been incorporated in the solution where you could use AI to order the food or send real time updates on waiting times. But I liked solutions like cost cutting strategies and branding to what they serve, etc. Decent job overall but could be better!

  • @HomamAlghorani
    @HomamAlghorani Před měsícem

    I understand the intention behind frequent check-ins during the interview, but in this case, it felt a bit excessive. It seemed to overshadow the candidate's ability to make assumptions, take initiative, and think independently. I believe the essence of such questions is not just to execute tasks exactly as the interviewer desires, but to demonstrate problem-solving skills and how one handles situations with limited information. That’s just my perspective, though.

  • @mummyskitchen5311
    @mummyskitchen5311 Před rokem +1

    I am wondering how much she wrote in those 7 seconds!

  • @ankitaggarwal158
    @ankitaggarwal158 Před 29 dny

    4:25 all these she thought in 7 seconds?