Venmo friends feed product plan: drive more interaction and repeat visits

Quick Overview

A product sense question for a Venmo product manager: increase engagement with the app's social feed of payments between friends. It tests defining engagement so it serves the payments business, choosing a user segment, prioritizing ideas against privacy risk, and picking success metrics with guardrails.

Venmo friends feed product plan: drive more interaction and repeat visits

Company: PayPal

Role: Product Manager

Category: Product Design & Strategy

Difficulty: medium

Interview Round: Other

You are a product manager for Venmo, PayPal's peer-to-peer payments app. Venmo's social feed shows payments a user's friends have made, with each payment's note and emoji but not its amount. How would you get people to engage more with that feed? ```hint Engagement for what Venmo is a payments utility, not a media app. Before generating ideas, decide which feed behavior actually helps the business, and think about why the feed may hold fewer stories than it could. ``` ### Clarifying Questions - Should engagement mean interaction with feed stories (views, reactions, comments), or behavior the feed drives elsewhere, such as payments, requests and new friend connections? - Should I focus on people who already browse the feed, or on people who open Venmo only to send money and never look at it? - Are changes to privacy defaults in scope, or must every idea leave each user's payments at least as private as they are today? - Is this prompted by a decline in feed activity, or is it open-ended improvement? ### What a Strong Answer Covers - A definition of feed engagement tied to why the feed matters to Venmo's payments business - A chosen user segment and concrete pain points with today's feed - Ideas that address both the supply of stories and the reasons to interact, prioritized by impact, effort and privacy risk - A primary success metric with guardrails on privacy and payment activity - Risks specific to a feed of financial activity: privacy backlash, social pressure and abuse ### Follow-up Questions - How would you test a feed change when one user's settings change what their friends see? - If feed interaction rises but payment volume stays flat, would you call the change a success? - How would you stop a feature that makes payments more visible from pushing users to switch to private?

Overview: A product sense question for a Venmo product manager: increase engagement with the app's social feed of payments between friends. It tests defining engagement so it serves the payments business, choosing a user segment, prioritizing ideas against privacy risk, and picking success metrics with guardrails.

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PayPal
Nov 11, 2024
mediumProduct ManagerOtherProduct Design & Strategy
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You are a product manager for Venmo, PayPal's peer-to-peer payments app. Venmo's social feed shows payments a user's friends have made, with each payment's note and emoji but not its amount. How would you get people to engage more with that feed?

Clarifying Questions Guidance

  • Should engagement mean interaction with feed stories (views, reactions, comments), or behavior the feed drives elsewhere, such as payments, requests and new friend connections?
  • Should I focus on people who already browse the feed, or on people who open Venmo only to send money and never look at it?
  • Are changes to privacy defaults in scope, or must every idea leave each user's payments at least as private as they are today?
  • Is this prompted by a decline in feed activity, or is it open-ended improvement?

What a Strong Answer Covers Guidance

  • A definition of feed engagement tied to why the feed matters to Venmo's payments business
  • A chosen user segment and concrete pain points with today's feed
  • Ideas that address both the supply of stories and the reasons to interact, prioritized by impact, effort and privacy risk
  • A primary success metric with guardrails on privacy and payment activity
  • Risks specific to a feed of financial activity: privacy backlash, social pressure and abuse

Follow-up Questions Guidance

  • How would you test a feed change when one user's settings change what their friends see?
  • If feed interaction rises but payment volume stays flat, would you call the change a success?
  • How would you stop a feature that makes payments more visible from pushing users to switch to private?