Assess Market Viability of an App Where Readers Share the Daily News With Seniors

Quick Overview

A product manager question on whether a mobile service that pairs older adults with paid readers, who read them daily news from their chosen newspapers over a call, has a real market. It tests two-sided market sizing, comparison with free alternatives, unit economics, safety for a vulnerable audience and a clear go or no-go recommendation.

Assess Market Viability of an App Where Readers Share the Daily News With Seniors

Company: Google

Role: Product Manager

Category: Product Design & Strategy

Difficulty: medium

Interview Round: Other

You are evaluating an idea for a mobile app that connects older adults with people who meet them over a call and read them the day's news from the specific newspapers the senior wants. The readers are students, or anyone else who wants to earn money from their spare time. Assume every senior has a mobile phone and can either listen on a voice call or join a video call (for example over Skype). Is there a market for this app? Make the case with numbers where you can, decide whether the idea is worth pursuing, and say what you would do next. ```hint Look at both sides and at who pays This is a two-sided service. Work out what a senior gets from a live reader that radio, TV or a smart speaker does not already give them, then check whether paying readers for their time can be covered by someone willing to pay. ``` ### Clarifying Questions - Is each session one reader with one senior, or can several seniors join the same reading and talk with each other? - Which country is the first market, and does the app target seniors living at home, residents of senior-living communities, or both? - Who is expected to pay: the senior, an adult child, a care facility or another sponsor? - Are sessions always live, or could readers also record readings for seniors to play later? ### What a Strong Answer Covers - A definition of both sides of the marketplace and of the need the service meets for seniors beyond access to news - A market estimate with labeled assumptions and correct arithmetic that separates seniors who might like the idea from those who would pay - A frank comparison with the free and paid alternatives seniors already use - Unit economics that include what readers are paid, and what would have to change for them to work - A clear verdict, the riskiest assumptions behind it including safety and trust, and an inexpensive way to test them ### Follow-up Questions - Students leave at the end of a semester and some readers will miss sessions. How would you protect seniors who come to rely on a daily routine? - How would you protect seniors from fraud or inappropriate behavior by readers they meet through the app? - If a pilot showed strong retention but too little margin per senior, what would you change first?

Overview: A product manager question on whether a mobile service that pairs older adults with paid readers, who read them daily news from their chosen newspapers over a call, has a real market. It tests two-sided market sizing, comparison with free alternatives, unit economics, safety for a vulnerable audience and a clear go or no-go recommendation.

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Google
Feb 16, 2024
mediumProduct ManagerOtherProduct Design & Strategy
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You are evaluating an idea for a mobile app that connects older adults with people who meet them over a call and read them the day's news from the specific newspapers the senior wants. The readers are students, or anyone else who wants to earn money from their spare time. Assume every senior has a mobile phone and can either listen on a voice call or join a video call (for example over Skype).

Is there a market for this app? Make the case with numbers where you can, decide whether the idea is worth pursuing, and say what you would do next.

Clarifying Questions Guidance

  • Is each session one reader with one senior, or can several seniors join the same reading and talk with each other?
  • Which country is the first market, and does the app target seniors living at home, residents of senior-living communities, or both?
  • Who is expected to pay: the senior, an adult child, a care facility or another sponsor?
  • Are sessions always live, or could readers also record readings for seniors to play later?

What a Strong Answer Covers Guidance

  • A definition of both sides of the marketplace and of the need the service meets for seniors beyond access to news
  • A market estimate with labeled assumptions and correct arithmetic that separates seniors who might like the idea from those who would pay
  • A frank comparison with the free and paid alternatives seniors already use
  • Unit economics that include what readers are paid, and what would have to change for them to work
  • A clear verdict, the riskiest assumptions behind it including safety and trust, and an inexpensive way to test them

Follow-up Questions Guidance

  • Students leave at the end of a semester and some readers will miss sessions. How would you protect seniors who come to rely on a daily routine?
  • How would you protect seniors from fraud or inappropriate behavior by readers they meet through the app?
  • If a pilot showed strong retention but too little margin per senior, what would you change first?