Introduction
Licious's 30% drop in chicken breast sales volume over the past month is a significant issue that requires immediate attention. As we analyze this product problem, I'll follow a systematic framework to identify, validate, and address the root cause while considering both immediate and long-term implications. My approach will involve a thorough examination of internal and external factors, data analysis, and hypothesis generation to develop a comprehensive solution.
Framework overview
This analysis follows a structured approach covering issue identification, hypothesis generation, validation, and solution development.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Seasonal trends can significantly impact food consumption patterns. Expected answer: No significant seasonal changes during this period. Impact on approach: If seasonal, we'd focus on inventory management and marketing strategies.
Why it matters: Quality issues can quickly lead to decreased sales. Expected answer: No significant increase in quality-related complaints. Impact on approach: If quality-related, we'd prioritize supply chain and quality control improvements.
Why it matters: Competitive pressure can directly impact our sales volume. Expected answer: Some competitors have introduced aggressive promotions. Impact on approach: If competition-driven, we'd focus on pricing strategy and value proposition.
Why it matters: Technical or UX issues can create friction in the purchasing process. Expected answer: A recent app update was deployed three weeks ago. Impact on approach: If tech-related, we'd prioritize bug fixes and UX improvements.
Subscribe to access the full answer
Monthly Plan
The perfect plan for PMs who are in the final leg of their interview preparation
$99.00 /month
- Access to 8,000+ PM Questions
- 10 AI resume reviews credits
- Access to company guides
- Basic email support
- Access to community Q&A
Yearly Plan
The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech
- Everything in monthly plan
- Priority queue for AI resume review
- Monthly/Weekly newsletters
- Access to premium features
- Priority response to requested question