Interview Question

Product Manager Interview New York, NY

You own a burrito shop and you want to advertise in a fleet

  of 100 cabs in San Francisco. The ad will be seen only by the passenger(s). How much are you willing to pay per month.
Answer

Interview Answer

1 Answer

7

I went with a classic Customer Acquisition Cost approach. Estimated the number of cab rides per cab per day. An average cab ride of 15 minutes. A conversion rate of 1%. I used a margin of $3 per Burrito. And 1.5 passengers.

Interview Candidate on Sep 18, 2013

Add Answers or Comments

To comment on this Question, Sign In with Facebook or Sign Up