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Data Science · Lesson 81 of 101

Product Case Questions

Thinking out loud.

⏱ 2 min read▶ Video at 2:16:23🎓 Free
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Should Harbor Coffee add a subscription? There's no code, no data, and just a whiteboard. Companies use these questions to see how you think. And there's a method that works nearly every time.

Product Case Questions
From the video: Product Case Questions
  • Should we add a subscription?
  • No code, no data
  • A method that works

A framework for any case

Start by clarifying the goal. Then define success, with a main metric and a guardrail. List the ways that it could help or harm. Work out a rough size, with simple numbers. Propose a test. And finish with a recommendation. Speak out loud the whole time, because they're scoring your reasoning, not your answer.

  1. Clarifywhat's the goal?
  2. Metricsuccess and guardrail
  3. Trade-offshelp or harm
  4. Size itrough numbers
  5. Test and decidea clear call
A framework for any case
From the video: A framework for any case

The subscription example

Here's that answer. The goal is more repeat visits, and more steady income. The main metric is monthly profit per customer, and the guardrail is the wait time in the queue. It might help, as regulars buy food too. It might hurt, as your heaviest drinkers get cheap coffee. So test it in two cities, against two similar cities, for eight weeks. Then decide.

Goalrepeat visits
Metricprofit per customer
Riskheavy users get a bargain
Testtwo cities, eight weeks

Summary

Clarify, measure, size, test, and decide. Next, how to show the world what you can do.

Key takeaways
  • Clarify before answering
  • Say your reasoning
  • Finish with a decision
Next up: Your Portfolio — proof beats promises