You don't begin a SaaS product before nailing your core differentiation point. It's not just about solving a problem.
It's about solving it better than anyone else.
1. Cut Time
e.g. Uber cuts down the time to get a ride to go from point A to B.
2. Reduce Effort
e.g. Mailchimp eliminates the hassle of designing, configuring & dispatching email campaigns.
3. Reduce Costs
e.g. Airbnb offers cheaper and interesting lodging experiences than expensive hotels.
4. Present New Possibilities
e.g. Snapchat gave an avenue for teenagers to post without fear with ephemeral messaging & augment photos with filters.
5. Access to Knowledge
e.g. Duolingo offers a unique avenue to pick up a new language. Moz has a vibrant SEO community.
6. Status / Prestige
e.g. Youtube and TikTok give you access to a wide audience to promote your personal brand & monetize.
7. Localization
e.g. Gojek offers a super app that is localized to the Indonesian market.
8. Support
e.g. vFairs provides a highly responsive service that provides peace of mind during event setup.
9. Self-Actualization
e.g. Miro and Canva give you a platform to give substance to your ideas without depending on design expertise.
As a Product Manager, you might be asked a lot of questions during an interview. One of them includes technical questions. Here are 4 types of technical questions that you might come across.