How to Answer: Describe a time you used market data to influence an important project stakeholder.
Advice and answer examples written specifically for a Product Specialist job interview.
4. Describe a time you used market data to influence an important project stakeholder.
How to Answer
Product specialists have to have many competencies. These include design expertise, engineering knowledge, production experience, and salesmanship. The latter skill comes into play when trying to convince other product stakeholders about the direction of the development project, the resources required, and the tasks that need to be accomplished. The interviewer will ask you this question to confirm that you can influence other project stakeholders using a variety of techniques, including market data.
Written by William Swansen on October 18th, 2021
Answer Example
"The easiest way to influence a project stakeholder and convince them that your ideas are valid is to present them with up-to-date, accurate market data. This will confirm that there is demand for the product, that the features and benefits it provides fit the market's needs, that it will be competitive, and that it can be marketed profitably. It is difficult for project stakeholders to dispute your recommendations when presented with compelling market data."
Written by William Swansen on October 18th, 2021