I went straight to subscriptions and ad tier expansion, which in hindsight was pretty obvious and probably what everyone says.
Start by clarifying the revenue baseline and growth levers (subscribers, ARPU, new products). Then structure your answer around a portfolio of initiatives: expanding the core subscription business, diversifying revenue streams (ads, B2B, marketplace), and leveraging Spotify's unique assets (data, audio network). Prioritize initiatives by impact and feasibility, and outline a phased roadmap with metrics.
Pro tip: Anchor your answer in Spotify's dual-sided marketplace: growth comes from both more users and more value per user. Show you understand the tension between ad-supported and premium, and how to balance short-term revenue with long-term ecosystem health.
Ask clarifying questions to understand current revenue mix, growth rate, and constraints. Establish a baseline (e.g., ~€13B revenue in 2024) to make the 5x target concrete.
Break down revenue into components: subscribers, ARPU, and new revenue streams. Brainstorm levers under each: geographic expansion, price increases, ads, B2B offerings, etc.
Evaluate each lever by potential impact, feasibility, and strategic fit. Use a 2x2 matrix (impact vs. effort) to select top initiatives for the 5-year plan.
Sequence initiatives over 5 years: short-term quick wins (e.g., price optimization), medium-term bets (e.g., ad tech), long-term moonshots (e.g., AI-driven personalization).
Outline KPIs (revenue, ARPU, subscriber growth) and potential risks (competition, regulation, content costs). Explain how you'd measure success and pivot.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.