If you are a Chief Product Officer for YouTube, how would you explain the product to someone? What are the top three metrics you would keep track of?
An actual interview question from a top e-commerce marketplace company for a senior product role
If you are a Chief Product Officer for YouTube, how would you explain the product to someone? What are the top three metrics you would keep track of?
If I were the Chief Product Officer for YouTube, I would explain the product as a leading online platform for video sharing and content consumption. It provides users with a vast library of videos across various genres, allowing them to discover, watch, and engage with content creators from around the world. The top three metrics I would keep track of are user engagement, retention rate, and revenue generation.
User Engagement would indicate how actively users interact with the platform through metrics like time spent on site, number of videos watched per session, and comments/likes/shares.
The Retention Rate would measure the percentage of users who continue to use the platform over a set period, indicating the platform’s ability to keep users engaged and connected.
Finally, Revenue Generation is crucial to analyze the platform’s financial health and growth potential, including metrics such as ad revenue, subscriptions, and partnerships.
By monitoring these metrics, YouTube can gain insights into user satisfaction, identify areas for improvement, and optimize revenue streams to ensure its success as the leading video-sharing platform.
Interviewee: Define “someone”. Since most of the internet users know what YouTube is, should I pick one of these?