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Resilinc - Answers - Assessment Product Manager
Resilinc - Answers - Assessment Product Manager
1. What is your opinion about such a business need? Do you really feel that
your organization should target such a market segment?
No, Ideally not. This will go against the mission and vision of the company that sells products to customer
online
to make them happy customers.
Ecommerce products are specific for the reason. If the market is saturated, there are other options.
But for the sake of this use case, I will assume a need and talk about a product I built 1 year ago.
The product was "service as a product(SAAP)" in which we built out:
a. Repair and Maintainence of products already sold - This was an integration to existing platform
Users were able to select a product that no longer exists and order upgrades and software
updates. Say LCD broke for the user and they use one of those chinese LCD display, due to non availability
from original company for this product, which breaks in 2 weeks ramping up costs for users, would that
be a good experience? No, so upgrades is suggested. Except if it is a phone such as Samsung A series
which just involves software updates and no hardware changes for 5 years.
Users were able to select a product that exists and order service, repair and replacements
b. additional services sold as a product - Doctor/plumber/education, etc. with online/zoom session
Due to covid, this was the very good market timing to launch. It is worth exploring this market.
2. If you feel that it is worth exploring this market segment, then answer
the following questions:
a. Create a user journey map which explains how a user of the platform will
avail this service.
- Please find the mockup prototype - assume doctors, education are all services and for
existing products - repair, maintenance, update and replace option. We can discuss more on call.
Creating a user journey roadmap is the easy part.s
b. What are the critical success factors in the user journey for this new
category to succeed?
1. New Market - easy to capture greater market share - Repair and service of an electronic
product has a huge potential in India as well as globally. The numbers are greater than 30% of
entire e-commerce market, as per my research. Average ticket size is 500rs based on
calculations.
2. Time/number of clicks taken for entire journey
3. Engagement,
4. user journey to complete seamlessly.
5. Large market share.
6. Repair shops outsourcing/inhouse over time
7. Parts Manufacturing unit partnership
8. MOU needed with raw material manufacturer
9. Reusable parts with multiple models
10. Bulk Ordering at minimum cost for parts.
c. Describe the above business requirement in 5 to 6 high level use cases. The use
case definition should include the following. Add any wireframe if you think it
is necessary.
Note -For this use case, I have used CIRCLES framework for a high level overview and posted the results
below after introspection. Persona types are buyer, seller and admin
- Please find the mockup prototype - assume doctors, education are all services and for
existing products - repair, maintenance, update and replace option
Assumptions below -
Clarifyi
ng
questio Inside of Existing app?
ns Yes
Separate app? No
Geo graphical launch?
Yes
Social vs commercial ?
Social
Web or mobile? Both
ios or andriod launch?
Hybrid
Any constriants? 5+ years
old Parts module cannot
be built
USER SEGMENTATION -
User
segme
ntatio
n User Type Parents Buyers Sellers Influencers Creators
Demographics
1. We are targeting specific users - Sales people married and who are expert in mobile device
domain , who advertise on our platform
3. Users can book a service at the click of a button within the comforts of their homes.
iv. Pre-condition:
Procurement of serviceable part
Leveraging platform with multiple functions to generate coupon code
Preparing of common part list to make solution more useful
Training and marketing planning
v. Post condition
Providing the good quality of product
Maintained the service quality of the electronics goods
GTM to validate the on-ground situations
Perform market survey with our existing and new on boarded customers for
their feedback
Focus on revenue generation model and KPI’s
We are targeting specific users - IT people who have kids and are baby boomers.
All the users of the platform who have bought an electronic item in the past are
eligible to book any repair or maintenance for the same at a subsidized rate.
Users can book a service at the click of a button within the comforts of their homes.
IV. Pre-condition:
Procurement of serviceable part
Finding good service provider agency
Leveraging platform with multiple functions to generate coupon code
Preparing of common part list to make solution more useful
Training and marketing planning
V. Post condition
Providing the good quality of product
Maintained the service quality of the electronics goods
GTM to validate the on-ground situations
Perform market survey with our existing and new on boarded customers for
their feedback
Focus on revenue generation model and KPI’s
USE CASE 3 -
1. Summary:
4. We are targeting specific users - Teenagers in age group 15-18 who don’t have enough
money to buy new phones but can get the old ones repaired.
5. Users can book a service at the click of a button within the comforts of their homes.
Iv. . Pre-condition:
Teenagers should have a user friendly platform.
Leveraging platform with multiple functions to generate coupon code
Preparing of common part list to make solution more useful
Training and marketing planning
V. Post condition
Providing the good quality of product
Maintained the service quality of the electronics goods
GTM to validate the on-ground situations
Perform market survey with our existing and new on boarded customers for
their feedback
Focus on revenue generation model and KPI’s
d. Assume that this category has been rolled out on the platform. What are
the KPIs that you would be tracking to gauge the performance of the
category
Metrics -
Cost Per Acquisition (CPA) - the optimum number of Ads in relevance to the number of
Orders in any period of a business concern
Click-Through Rate (CTR) - metric showing the percentage of people who view ads with a
call to action that leads to clicks.
Average Order Value (AOV) - Daily/Weekly/Monthly
Organic Conversion Rate - Conversion Rate KPI regarding Total order Items/Sessions in
the Detail Page Sales and Traffic Report
• Year-over-year revenue growth
• Revenue/product line or service delivered
• Cost of acquiring a customer
• Cost of service delivery
• Revenue/customer
• NPS or customer satisfaction score
• Service Conversion Rate - informs you about the number of buyers who purchased
your service after landing on your product page.
• Engagement
• Revenue growth.
• Revenue per Customer.
• Profit margin.
• Customer retention rate.
• Amount of up-sell opportunities
• Customer lifetime value
• Number of customer complaints
• Number of open service requests
• Service Level Agreement (SLA) failures
• Number of customer testimonials
• Number of referrals