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How to Get Domain Knowledge as a Data Analyst — Transcript

by Christine Jiang · 2,462 words · 371 segments · language en · Watch on YouTube

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  1. 0:00Most interviewees are trying to prove
  2. 0:01that they know how to analyze the data
  3. 0:03using the technical tools, but the
  4. 0:04analysts who actually get offers today
  5. 0:06are those who show that they can analyze
  6. 0:08the business. Now, the best way to do
  7. 0:09that, especially if you already have a
  8. 0:11few years of working experience, is to
  9. 0:13be able to speak fluently about the
  10. 0:14company business model and the metrics
  11. 0:16that they actually care about. So, if
  12. 0:18you've ever wondered, what do I actually
  13. 0:19need to know about a company or an
  14. 0:21industry before I interview? How do I
  15. 0:22transition into a new industry? And how
  16. 0:25do I show I have domain knowledge
  17. 0:26against those other more experienced
  18. 0:28[music] candidates? Then this video is
  19. 0:29for you. If you're new here, I'm
  20. 0:31Christine. I'm a former data director
  21. 0:32and a hiring manager who's worked at
  22. 0:34companies like Deloitte, Justworks, and
  23. 0:36Vimeo, and now I run a mentorship
  24. 0:37program and I've helped countless
  25. 0:38analysts and working professionals build
  26. 0:40the business judgment, analytical
  27. 0:42thinking, and communication skills to
  28. 0:44stand out in the data job market and
  29. 0:45succeed once you're actually there.
  30. 0:50So, whether you realize it or not, your
  31. 0:52company knowledge is going to be showing
  32. 0:53up all throughout the interview process.
  33. 0:55It's going to show up in the what do you
  34. 0:57know about us questions, take homes, and
  35. 0:59live case studies, and the questions
  36. 1:00that you also ask. Most importantly, it
  37. 1:02shapes the questions that you should
  38. 1:04prepare for because knowing the business
  39. 1:05model tells you what the interviewer
  40. 1:07actually cares about, and it also shapes
  41. 1:09which examples you should share. So, for
  42. 1:11example, if you're interviewing for a
  43. 1:12SaaS company, then you know that anytime
  44. 1:14you've worked with recurring revenue or
  45. 1:16a subscription retention, then becomes a
  46. 1:17relevant story that you should share. In
  47. 1:19order to be able to speak fluently and
  48. 1:20comfortably about the company, there are
  49. 1:22two angles that we need to study: the
  50. 1:24business model and the industry and
  51. 1:25company metrics. We're going to use one
  52. 1:27running example for this entire video.
  53. 1:30Say we are interviewing for a product
  54. 1:32data analyst at Vimeo, which is a
  55. 1:33company that I used to work at. It's a
  56. 1:35B2B and B2C video hosting and editing
  57. 1:37platform. So, let's research this the
  58. 1:40way that we research your own target
  59. 1:41company.
  60. 1:44Now, the business model captures how the
  61. 1:46company actually makes money, and this
  62. 1:48is essential to understanding who the
  63. 1:50company works with and in what capacity.
  64. 1:52So, there are five main questions you
  65. 1:53need to be able to answer to speak about
  66. 1:55the business model. The first is who are
  67. 1:57the customers,
  68. 1:57>> [music]
  69. 1:57>> the second is what do they sell, the
  70. 1:59third is what are the actual price
  71. 2:01ranges, the fourth is how do they make
  72. 2:03money, and the fifth is who are their
  73. 2:05competitors and how do they actually
  74. 2:06differentiate themselves. By the way, if
  75. 2:08you want the guide I'm going to be
  76. 2:09walking through, you can download it in
  77. 2:10the description down below. We actually
  78. 2:11have a cloud prompt here just to get
  79. 2:12some initial research about the company,
  80. 2:14and by the end of it you want to be able
  81. 2:16to speak cleanly and conversationally
  82. 2:18about what the company does. So, for
  83. 2:20example, for a company like Vimeo, I
  84. 2:22would say something like Vimeo is a
  85. 2:24subscription software business that's
  86. 2:26built around video, and creators and
  87. 2:28businesses basically pay a recurring fee
  88. 2:30to edit, host, and share their videos.
  89. 2:32And their services range anywhere from a
  90. 2:34$12 a month solo plan all the way up to
  91. 2:36six-figure enterprise plans. They make
  92. 2:39money on subscriptions, not ads, and
  93. 2:41their fastest growing piece is actually
  94. 2:42Vimeo Enterprise, where they're starting
  95. 2:44to have AI features like auto
  96. 2:46translation. And some of those features
  97. 2:47are what's really bringing in those new
  98. 2:48customers. They're different from other
  99. 2:50video sharing platforms like YouTube or
  100. 2:52TikTok cuz they're really focused on
  101. 2:53filmmakers and creative professionals
  102. 2:55with ad-free video sharing. This then
  103. 2:57tells me that I'm likely going to need
  104. 2:58to prepare for questions like what's
  105. 3:00your experience working with
  106. 3:01subscription data? As a product analyst,
  107. 3:03what metrics do you think are important
  108. 3:04to track to understand the performance
  109. 3:06of the product? And it tells me that
  110. 3:08anytime I've worked with subscriptions,
  111. 3:10content metrics, B2B, or B2C data, then
  112. 3:12those be really relevant stories to
  113. 3:14share.
  114. 3:17Now, the second angle that we need to
  115. 3:18look at is the industry and company
  116. 3:20metrics. Knowing the metrics that the
  117. 3:21company tracks will help you sound like
  118. 3:23an experienced analyst in that field.
  119. 3:25This is basically your way to shortcut
  120. 3:27to domain knowledge about an industry,
  121. 3:29and especially when people get passed up
  122. 3:30for more experienced candidates, it
  123. 3:32usually comes down to them not
  124. 3:33understanding the business metrics. Now,
  125. 3:35these metrics usually come in two
  126. 3:36different flavors. There's the product
  127. 3:38and industry metrics, which describe how
  128. 3:40the product or service actually gets
  129. 3:42used, and then there's the business and
  130. 3:44financial metrics that track how the
  131. 3:45company is actually performing. There's
  132. 3:47often an overlap between these two
  133. 3:49different categories, so don't overthink
  134. 3:50the split. So, let's look at some
  135. 3:51examples of the top business metrics for
  136. 3:53Vimeo and how would I actually speak
  137. 3:55about them either in an interview or on
  138. 3:57the actual job. So, the industry and
  139. 3:59product metrics, the top three would be
  140. 4:01videos uploaded, active subscribers, or
  141. 4:03hours watched. So, in an interview, I
  142. 4:05might say something like, "I know we
  143. 4:06track video uploads as a proxy for how
  144. 4:08popular the platform actually is." Or on
  145. 4:10the job, when I'm talking about product
  146. 4:12performance, I might say something like,
  147. 4:13"I know the active subs in a specific
  148. 4:15month is defined by how many distinct
  149. 4:17users have logged in at least once." Or
  150. 4:19hours watched tells us if people are
  151. 4:21actually engaging with the platform, not
  152. 4:23just using it to store videos and upload
  153. 4:25videos. And then for the business and
  154. 4:26financial metrics, those metrics could
  155. 4:28be things like bookings, revenue growth,
  156. 4:30or ARPU, which is average revenue per
  157. 4:32user. So, here you might hear something
  158. 4:33like, "Bookings is a leading indicator.
  159. 4:35So, enterprise bookings grew by 13% this
  160. 4:38quarter, so the recurring revenue should
  161. 4:39follow it in a few months." Another
  162. 4:41example is average revenue per user in
  163. 4:43the enterprise segment is over 23,000
  164. 4:45and growing, which means that each new
  165. 4:47customer is actually signing a higher
  166. 4:49value contract than before. So, this
  167. 4:50language ties the numbers back to the
  168. 4:52business context and shows that you're
  169. 4:54an analyst who not only knows how to
  170. 4:55frame problems, but can also isolate
  171. 4:57what metrics are most important, which
  172. 4:59is the kind of analytical judgment that
  173. 5:00they want to be able to see. This is the
  174. 5:02difference between an analyst who sounds
  175. 5:04like they're already experienced in the
  176. 5:05industry versus an analyst who says,
  177. 5:08"You know, I'm new to video and SaaS
  178. 5:09metrics, but it's something that I'm
  179. 5:11excited to learn." Which analyst do you
  180. 5:12think is more likely to get hired? This
  181. 5:14is actually how my student JB, who was
  182. 5:16in my last cohort, landed a job as a
  183. 5:18labor analyst at the Palms Casino Resort
  184. 5:20a year after being laid off from
  185. 5:21Microsoft. During his interview process,
  186. 5:23he actually built a forecasting model in
  187. 5:25Excel using the exact business metrics
  188. 5:27that he'd be using on the job, and he
  189. 5:29shared this with the hiring manager, and
  190. 5:30they were so impressed that they gave
  191. 5:31him an offer just a week later. We also
  192. 5:33have a prompt here for you to be able to
  193. 5:35build the same metrics table above for
  194. 5:36your target company. So, in our example,
  195. 5:38let's say I was interviewing at Vimeo,
  196. 5:40and they asked me, "What metrics would
  197. 5:41you track to understand the performance
  198. 5:43of the product?" I'd say something like,
  199. 5:45"So, to measure product performance for
  200. 5:46a video platform like Vimeo, I'd first
  201. 5:48start with product metrics like videos
  202. 5:50hosted and unique active customers.
  203. 5:52Those tell me how the platform is
  204. 5:53actually being used. Then, I'd also look
  205. 5:55at the financial side. So, monthly
  206. 5:57recurring revenue and new bookings.
  207. 5:59Those together tell me whether the base
  208. 6:00is growing and whether customers are
  209. 6:02upgrading to higher value plans, which
  210. 6:04is where the enterprise plan comes in.
  211. 6:05Now, that sounds like an analyst who's
  212. 6:07ready to hit the ground running. And the
  213. 6:08thing is, we never want to just fully
  214. 6:10rely on AI to do the work for us. So,
  215. 6:12let's go deeper using the company's
  216. 6:13actual materials and also sanity check
  217. 6:15our results.
  218. 6:19So, to understand the company's business
  219. 6:20model, you should always look at the
  220. 6:21company website and also check out if
  221. 6:23they have a pricing or services page.
  222. 6:25So, for example, looking at the Vimeo
  223. 6:26website, I can see that they have a
  224. 6:28feature section, use cases, enterprise
  225. 6:30section, and then a pricing page, and
  226. 6:32also some features about what's new. So,
  227. 6:35I would actually go through and poke
  228. 6:36through each of these different elements
  229. 6:37so I can understand what the product
  230. 6:39actually looks like. So, here I can see
  231. 6:41that the Vimeo platform is not only into
  232. 6:44play videos and host videos, but you can
  233. 6:46also record, edit, and make videos, and
  234. 6:48they also have some other features like
  235. 6:50analytics and AI. Then I If I go over
  236. 6:52here, I can see who they actually sell
  237. 6:54to. So, in use cases, they are selling
  238. 6:56to small businesses, educators, retail,
  239. 6:58tech and SaaS, and financial services.
  240. 7:00And this gives me a really clear picture
  241. 7:02of who their customers actually are.
  242. 7:03[music] And as I'm going through this
  243. 7:05page, I'm starting to imagine the kind
  244. 7:07of business metrics and data that
  245. 7:08they're tracking. If I go to the pricing
  246. 7:09page, I can also get a really clear look
  247. 7:12at what they actually sell and for how
  248. 7:13much. So, if I ever get a live business
  249. 7:15question asking about the different
  250. 7:16tiers that they sell, or ever get a
  251. 7:18question asking about the different
  252. 7:20customers, I know I'm going to segment
  253. 7:21by these different things that I saw on
  254. 7:23the website. Now, another thing that I
  255. 7:24would do on the company website is
  256. 7:26actually sign up for a free trial if
  257. 7:28it's a possibility. This is going to
  258. 7:30give me the ability to see the product
  259. 7:31from the other side as a user, and I
  260. 7:33would actually go through each step of
  261. 7:35signing up for a trial or signing up for
  262. 7:36the product if it has a free demo, and
  263. 7:38seeing what it looks like from the the
  264. 7:40side. This is called the customer
  265. 7:42journey and it helps me understand how
  266. 7:44the product actually get someone from
  267. 7:45being a stranger to being a paid
  268. 7:47customer. In terms of the business
  269. 7:48metrics, I can also check out something
  270. 7:50like the investors report or the
  271. 7:52earnings report if it's a public
  272. 7:53company. So, for example, for Vimeo, the
  273. 7:55last earnings report they published was
  274. 7:57in Q2 [music] of 2025. So, a little
  275. 7:59while ago. But, if I look at this, I can
  276. 8:02see exactly what metrics the company
  277. 8:04actually sends to the public to explain
  278. 8:05their performance. And this is giving
  279. 8:07you a direct look at the metrics that
  280. 8:08they report and metrics that would be
  281. 8:10great to bring up in an interview if you
  282. 8:12have overlapping experience. You should
  283. 8:13also look at the company news, so just
  284. 8:15Google searching something like Vimeo or
  285. 8:17also checking out the industry metrics.
  286. 8:19So, for example, because of the SaaS
  287. 8:21company, I might look up something like
  288. 8:22key SaaS metrics. And I can also get a
  289. 8:24quick list of what are the top metrics
  290. 8:27to understand for that industry. So, as
  291. 8:29I'm learning about these SaaS metrics,
  292. 8:31I'm not only preparing for my interview
  293. 8:32at Vimeo, but I'm preparing for any
  294. 8:34interview I have with any SaaS company
  295. 8:36in the future.
  296. 8:40Let's look at some quick examples of
  297. 8:41what a standout versus a weak response
  298. 8:43sounds like when talking about the
  299. 8:44company. So, explaining the business
  300. 8:46model, right? Someone might say, "I know
  301. 8:47that Vimeo is a SaaS business that sells
  302. 8:49video hosting plans." Now, this doesn't
  303. 8:51sound like you're someone who really
  304. 8:52knows the ins and outs of the company.
  305. 8:53Instead, I might say something like, "I
  306. 8:55know that Vimeo is a subscription
  307. 8:56software business that's built around
  308. 8:58video. Creators, businesses pay a
  309. 9:00recurring fee to host and share video
  310. 9:01and it ranges from $12 a month plans to
  311. 9:03six-figure enterprise contracts." If I'm
  312. 9:05speaking of the metrics, right? Again,
  313. 9:07you might say something like, "I'm not
  314. 9:08really familiar with video hosting
  315. 9:10metrics, but it's something I'm
  316. 9:11interested in learning." Or a more
  317. 9:12experienced analyst would say something
  318. 9:13like, "The top metrics to understand
  319. 9:15Vimeo's performance are financial
  320. 9:17metrics like MRR and ARR, as well as
  321. 9:19product metrics like active users, video
  322. 9:21upload, and retention rate." Now, which
  323. 9:23analyst do you think that person is
  324. 9:25going to want to hire? And in terms of
  325. 9:26connecting it back to your own work,
  326. 9:27instead of reaching for a random past
  327. 9:29project that has little to do with how
  328. 9:31this company makes money, you want to be
  329. 9:32able to say something like, "I know
  330. 9:34Vimeo is a SaaS company and I've
  331. 9:35actually worked with some similar data,
  332. 9:37and similar metrics when looking into
  333. 9:38monthly transactions for an online
  334. 9:40EdTech company that sold membership
  335. 9:42subscriptions.
  336. 9:45So, when you're thinking of examples
  337. 9:46that you'll share in your interview,
  338. 9:48think about the questions like, when
  339. 9:50have I worked with a similar business
  340. 9:51model? Or, are there any metrics I've
  341. 9:53worked with that have overlapped with
  342. 9:54these companies' metrics? Or, something
  343. 9:56like, if I was an analyst working at
  344. 9:57this company, what would I track to
  345. 9:59understand the performance? Or, if I had
  346. 10:01to build a report or dashboard to show
  347. 10:03how the product was performing for a
  348. 10:04specific stakeholder, what would I
  349. 10:06actually build? In my next videos, I'm
  350. 10:07going to share how I would actually
  351. 10:08respond to these questions live, so make
  352. 10:10sure to subscribe if you're interested.
  353. 10:12So, if you take nothing else from this
  354. 10:13video, remember that interviewers light
  355. 10:15up when you can speak comfortably about
  356. 10:16the company and its business metrics,
  357. 10:18because it shows us that you're able to
  358. 10:19connect the numbers back to the real
  359. 10:21business context. So, here are your next
  360. 10:22steps. Download the guide below so you
  361. 10:24can get the entire framework and
  362. 10:26worksheet to build your company domain
  363. 10:28knowledge, then pick one target company,
  364. 10:30research the company business model and
  365. 10:32business metrics, and then actually
  366. 10:33practice speaking about it so it sounds
  367. 10:35natural and conversational. That's it
  368. 10:37for this video. Make sure to subscribe
  369. 10:38for more job hunting tips and analytical
  370. 10:40frameworks, and I'll see you guys in the
  371. 10:41next one.

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