Product Assignments 101

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 Hello readers👋 Hope you all are doing well! Today I am not sharing something that you must learn. It is something that comes from practice. If you have covered all the aspects of Product then I am sure you must be applying to different jobs to gain experience. While applying to different opportunities you may have come across assignments (not a new frontier ik 😛). So, if you want to practice some problem statements that are/may be present in your application journey then do read this blog.

Now, you can definitely find many problem statements on the internet named Take Home Product Assignments but the benefit of going through this blog is that I have curated these problems with a lot of research and analysis, it will be easier for you to practice without any wastage of time. 



What do companies ask in an assignment?

Companies generally want to check your basic capability of how you understand the problem and whether you can work according to the company's future goals. Look for the hidden message that is present in the problem statement which will tell you about what skills the firm is looking for. 

Sample problem statements are as follows:

1. Virtual Reality is gaining momentum as a technology in the digital world. Our real estate agent customers are already experimenting with a range of suppliers of ‘virtual walk-throughs’ which allows property seekers to navigate a floor plan and explore a property in 3D. The real estate portals have not yet taken advantage of VR by integrating it into their sites and apps.

  • As the responsible Product Manager, how would you approach the VR opportunity?
  • How should we respond and why?
  • How could we benefit from this opportunity?
  • Does VR pose a risk to our business model? How does it affect real estate agents?

2. You are a product manager on the Revenue Growth team of the product you have chosen. The team has been given a mandate of increasing the monthly revenue from the product. What would be the top initiative you would drive to achieve this desired outcome? Assume you cannot change the current pricing. The expectation is to solve this problem as a PM by addressing problems for the users while being able to generate business value. 

Companies - OLA, Housing.com, FAANG, any of your choice.



Some of my works that you can refer to

You can have a look at these PDFs below for an idea to create product teardowns, case studies or assignments





That's all for today's read. Hope you will practice from the problem statements given above and the sample attachments could give you some insight. au revoir les amis🌼

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