PayPal - Product Manager Interview Questions & Answers
Here is a new list of all Product Manager Interview questions and answers asked at PayPal
What success metrics would you use to measure a payment gateway product?
You are a new PM at Google Pay. Design a feature for paying credit card bills.
Design Dynamic Pricing for Lyft.
What will the payment industry look like in 3 to 5 years?
Imagine you are a PM in Amazon. How would you reduce the rate of returns?
How would you improve the take rate for Paypal? Take rate is the percentage of revenue that PayPal charges its merchants for all transactions via Paypal.
If you had unlimited resources to fix a problem in the world right now, what would it be? B) who would your team be and c) what are your measurable goals to determine if you’re successful?
A B2B payment cards issuing company has observed a sudden drop in the use of their cards on e-commerce platforms, in the month of april. Analyze the problem using appropriate assumptions. Suggest solutions to get the usage back on track.
There is an issue in a sign-up flow, users are no longer signing up for our service, what would you do? Â
How will you reduce Paypal's operating costs by 50%?
Design an ATM for airports.
What would your roadmap be for Google Pay? 1 year vs 3 years.
Define a strategy of a loyalty program for Google Pay.
How would you measure the success of stripe billing?
How does PayPal work?
How would you measure the success of stripe check out page?
What should be stripe's credit card strategy?
We are noticing a 10% drop in our check out page conversion rate. What would you do?
You are a PM and you are about to enter the product launch meeting with all stakeholders. How would you prepare for that meeting?
How would you re-design the carwash?
To help you with your Product Manager interview preparations, we have compiled a complete list of the most asked Product Management Interview Questions and Answers at companies like Facebook, Google, Amazon, Microsoft, Netflix, etc. answered by PMs at FAANG.
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How many passengers are in planes in the air at any given time in the U.S.A.?
There is a data point that indicates that there are more Uber drop-offs at the airport than pick-ups from the airport. Why is this the case and what would you do within the product to change that?
Drivers are dropping out of a city on Lyft. How do you figure out what's going on?
What would be your strategy to bring partners onto the Facebook platform for Black Friday?
You are the PM of the Facebook timeline. How would you measure retention?
What is your favorite product? Why?
50% of Paytm transactions were reduced last week. What could be the reasons?
How would you design a colony on mars.
Venmo is seeing a decrease in users adding their bank accounts. Why might this be happening?
How does PayPal make money?
Define a strategy of loyalty program for Google Pay.
Estimate the market size of Prime video.
How would you improve the Outlook app?
Design a digital payments system for rural India.
Identify one metric for Facebook Marketplace that the whole team should monitor daily.
You are the PM of the Facebook timeline. How would you measure retention?
Late deliveries lead to customer churn. What data we should look at to prove this hypothesis for a food delivery app?
What is the most important metric for Slack and why?
What are the important metrics a PM for a luxury goods eCommerce website should look at?
Consider there is a company say LinkedIn. Which are the top three metrics you would see first thing in the morning?
How would you measure the success of iPad Pro?
How does Stripe work?
Suppose you're the PM of an API that can analyse and categorize user's spends. What are the key metrics you would track to measure the success of this feature?
How would you improve Uber?
How would you improve Twitter?
How can Google help improve the grocery shopping experience of users?
How would you improve Venmo?
How would you improve the Starbucks app?
Spotify installs increased 25%. What are reasons this might have happened? Give at least four.
What are the technologies used for development of a streaming service app?
How would you make something significantly simpler for a customer?
If you had unlimited resources to fix a problem in the world right now, what would it be? B) who would your team be and c) what are your measurable goals to determine if you’re successful?
What success metrics would you use to measure a payment gateway product?
Tell me about a product you've built that you're proud of.
Design a Shopify checkout system.
The Covid pandemic has changed people's behaviors and payments preferences. Use all publicly available data to get insights on these shifts and pitch short and medium-term investments the PayPal payments platform team should make.
Slack recently launched SlackShare, a competitor to Loom. You lead the Growth Charter for Loom and are seeing a steady decline in usage of the core Loom product because of this launch by Slack. Devise a growth strategy that turns around this decline in usage of Loom. Cover: 1. Segmentation, Targeting and Positioning 2. How will you drive adoption? 3. Success criteria and Metrics
As a PM, who is your most favorite team to work with and why?
Tell me a time when you influenced engineering to build a particular feature.
Tell me about a time when you used data to influence/persuade people.
How do you improve the check out experience for Airbnb?
Tell me about a time you had conflict with a team member or a manager.
How do you prioritize requirements?
Your Engineering Manager wants to work on a new feature and you absolutely have no bandwidth. How will you handle it?
You're a PM at a vending machine company. Your CEO asks you to design a new line of vending machines to be placed in hotels and motels. What would you do?
What is your superpower as a product manager?
How would you triage a 10% drop in rider cancellations?
Tell me about a time you've had to change the way you work.
Tell me about a time when you used data to reach a conclusion.
Tell me about a time you received a constructive feedback from your Manager
What are your strengths?
What is the toughest problem that you have solved as a Product Manager?
What excites you about product management?
Tell me about a time you failed as a product manager.
Tell me about a time you had a disagreement with a team member.
What makes you a good product manager candidate?
You are a PM at Slack. Slack is losing customers big time after Microsoft Teams got launched. What would you do?
What would be a deal-breaker (in a role) for you?
How would you prevent fraud for fintech products like Sofi?
Suppose you're the PM of an API that can analyse and categorize user's spends. What are the key metrics you would track to measure the success of this feature?
You are a PM at Uber. Devise strategies to improve revenue.
Design Netflix for Senior Citizens (Goal: Increase engagement time).
Tell us about a time you had an idea that your team was skeptical about. How did you convince your team that you were right?
The Covid pandemic has changed people's behaviors and payments preferences. Use all publicly available data to get insights on these shifts and pitch short and medium term investments the PayPal payments platform team should make.
Slack recently launched SlackShare, a competitor to Loom. You lead the Growth Charter for Loom and are seeing a steady decline in usage of the core Loom product because of this launch by Slack. Devise a growth strategy that turns around this decline in usage of Loom. Cover: 1. Segmentation, Targeting and Positioning 2. How will you drive adoption? 3. Success criteria and Metrics.
You have been hired by an Airline consortium and been giving a budget of $1m to change the perception that Air Travel is not enjoyable - what would you do?
You have been hired as a CPO of a small bricks-and-mortar Supermarket chain that has no online presence and has seen declining revenue over the last 5-10 years. What would you do?
Imagine you are VP of Product for Google Chrome OS and Android. What is your goal for the next 3 to 5 years?
How do you design an API?
How will you improve retention of a remittances product? How would you validate your ideas and assumptions?
Design the security for a chat/messaging application.
Improve the in-store grocery shopping experience.
How do you improve Slack?
How would you improve Uber for a football event?
How would you design an app to help people choose which cheese to buy at a grocery store?
Orders cancellation increased by 15%. How do you diagnose the root cause?
How does the system design for Strava work?
How will you design a web service that enables other developers to create online chat applications?
How do you think the payment industry will evolve over the next 5 years?
Tell me about a time you were trying to understand a problem on your team and you had to go down several layers to figure it out. Who did you talk with and what information proved most valuable? How did you use that information to help solve the problem?
Describe your top 3 favorite products and why. Products can be hardware or software, for example, a chair, hairdryer, etc.
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?
What should Airbnb's strategy be during the COVID-19 pandemic?
How would you improve Dropbox?
How would you redesign a Microwave?
For a retail store, users are frequently complaining about long queues during check out. What strategy would you use to improve the experience in the short term and long term?
How would you design a service like Instagram? Estimate server and storage requirement for peak traffic.
How would you improve the Uber app?
How many dentists are there in New York?
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In case, the payment fails you can,
Google Pay / PhonePe Rs.2499 to UPI Id - mypminterview@oksbi
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What tools do you use in your day-to-day activities as a Product Manager?
How would you keep developers in your team motivated to turn out quality work?
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How will you manage a team where team members are more experienced than you?
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