Newfold Digital Product Manager Interview Questions and Answers

Q1. Update about profile and Projects
Ans. 
I have a diverse background in product management with experience in launching successful projects.
• Managed cross-functional teams to launch new products

• Implemented agile methodologies to improve project efficiency

• Led market research to identify customer needs and preferences
Answered by AI
Add your answer
Q2. How BRM works in Telco, and how we can launch in market
Ans. 
BRM in Telco involves managing relationships with business partners to launch new products in the market.
• BRM in Telco focuses on building and maintaining relationships with business partners such as vendors, suppliers, and distributors.

• It involves negotiating contracts, setting up agreements, and ensuring smooth collaboration between all parties involved.

• To launch a new product in the market, BRM plays a crucial role i...read more
Answered by AI
Add your answer

Q1. What are your salary expectations?
Add your answer
Q2. What is your family background?
Add your answer
Q3. Tell me about yourself.
Add your answer

Assignment given by senior executives to solve in interview

Case study round by senior executives

Q1. Share your work experience.
Add your answer
Q2. How do you Segment on the basis of customer data?
Ans. 
Segmentation based on customer data involves grouping customers with similar characteristics or behaviors.
• Identify relevant customer data such as demographics, purchase history, and website behavior

• Analyze the data to identify patterns and similarities among customers

• Create segments based on the identified patterns, such as high spenders or frequent visitors

• Tailor marketing and product strategies to each segment to imp...read more
Answered by AI
Add your answer
Q3. How is segmentation brought about? Can you explain?
Ans. 
Segmentation is the process of dividing a market into smaller groups of consumers with similar needs or characteristics.
• Segmentation is done based on various factors such as demographics, psychographics, behavior, and geography.

• It helps in identifying the target audience and creating a marketing strategy that caters to their specific needs.

• For example, a company may segment its market based on age, income, and lifestyl...read more
Answered by AI
Add your answer
Q4. Give an evaluation of metrics before and after.
Ans. 
Metrics evaluation involves comparing data before and after a change to determine its impact.
• Metrics should be clearly defined and relevant to the change being made

• Data should be collected consistently and accurately

• Comparisons should be made over a significant period of time to account for any seasonal or cyclical trends

• Metrics should be analyzed in context to understand the full picture

• Examples include comparing webs...read more
Answered by AI
Add your answer

Q1. Share your work experience with special emphasis on the statistical techniques used to build data models and algorithms.
Ans. 
I have experience building data models and algorithms using statistical techniques.
• I have used regression analysis to predict customer behavior and optimize pricing strategies.

• I have also used clustering algorithms to segment customers based on their purchasing patterns.

• In addition, I have experience with decision trees and random forests for classification tasks.

• I have worked with both supervised and unsupervised lear...read more
Answered by AI
Add your answer

Q1. Tell me something about yourself.
Add your answer
Q2. Share your work experience.
Add your answer
Q3. What are your strengths and weaknesses?
Add your answer

Tell me something about yourself.

Suggest some Improvements to the Amazon website?

Elaborate a case on reducing the number of returns on Amazon

Q1. Tell me about a time where you went above and beyond
Ans. 
I once worked late into the night to fix a critical bug before a major product launch.
• Stayed late at the office to troubleshoot and resolve a critical bug

• Collaborated with cross-functional teams to expedite the resolution process

• Ensured the bug was fixed before the scheduled product launch
Answered by AI
Add your answer
Q2. Tell me about a time where you were obsessed over customers
Ans. 
I was obsessed over customers when I led a project to revamp our product based on customer feedback.
• Conducted extensive customer interviews to understand their pain points and needs

• Analyzed customer data and feedback to identify trends and common requests

• Worked closely with the development team to prioritize and implement customer-driven changes

• Regularly solicited feedback from customers on new features and updates

• Obse...read more
Answered by AI
Add your answer

Technical as well as situation based questions were asked

Question 1
1. Motivation and long-term goal while doing the job? 2. What aspects of your parents you follow in your professional life? 3. Why would you leave the organization after one-month (if you think so after joining)?