The BEST Answer: What's Your Favorite Product

[@mz3136]

What is the music in the background? It's horrible. Please remove it

[@rd-kh5mr]

Music is so disturbing and not able to concentrate on the actual informative content. Please remove music

[@DrNancyLi]

Thank you for the feedback, Rd. I appreciate it. I'll let my team know and improve on our next video content. If you have other questions or concerns, you can DM me directly on LinkedIn so I can assist you further. My LinkedIn should be in every video description of my channel. Thank you!

[@PoohK-qb3mq]

Thanks, I was today years old when I learnt about how to tell about my fav product :)

[@mohsenkasiri925]

This video was so fun and informative! I learned how to pitch my favourite product, and more importantly, learned how to think about pitching it to not be an average person!

[@DrNancyLi]

Awesome take away! Best of luck with your PM career!

[@pujadhakan2400]

This was so insightful! Thank you for this :)

[@DrNancyLi]

Thanks!

[@DrNancyLi]

Please share it with PM communities

[@rekcufeht]

I like this video as its interesting to see the difference in thinking. To OVERSIMPLIFY Product Managers seem to think bottom up (very process and silo driven) whereas Consultants / Investors seem to think more top down and broadly when it comes to a situation. Some notes: Personally find the GUCCI framework for SHOULD X ENTER Y MARKET to be a bit lacking as one could think of market entry as a multi faceted problem that does not necessarily need to tie to an UNMET demand. What interviewees need to think about is how and why something would add value to the business model across: the market vertical / value chain, Horizontal markets (adjacent offerings), Product, Operations, Geographies. Then you layer that with understanding the competitive and market dynamics (PESTEL, SWOT, whatever framework you choose), market sizing etc. BUT it is crucial to understand that sometimes an entry decision may not be purely about growth, it can also be to build a defensive moat or simply a necessary hygiene factor. Sometimes you just cannot enter because of environmental blockers, etc... and that's the nuance that needs to be applied based on judgement.

[@lalitgupta1642]

Thank you for the wonderful session :)

[@DrNancyLi]

my pleasure. please share it with aspiring and existing PMs

[@jonasli1825]

Although I am applying for operation positions and it's outside of the US, your approach on answering this question really enlightens me! This question really can highligt applicant's capability to convert a real-life expeirence to valuable business decisions.

[@DrNancyLi]

Thank you for your feedback, Jonas! I am glad that I was able to enlighten you through my content. I would appreciate it if you could share this video to your social media accounts and then tag me!