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High-Value Customers: How to Build a Great Product Strategy

The Product Coalition

For some users, it can be providing the best customer support, on-demand priority customer support, advanced product features, or personalized product features and experiences. With Add ons, customers can add multiple products in the checkout flow, so it would be easy to manage and personalize their bundles in one place.

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Strategic jiujitsu: 4 Lessons from Southwest Airlines, Western Europe, and the Simpsons

The Product Coalition

Southwest Airlines gives us a great case study here. In the 1970s, all the incumbent major airlines had purchased the rights to the gates of the major airports, thus preventing new airlines from flying out of them. However, this approach had also caused those incumbent airlines to abandon gates at smaller airports.

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5 Factors to Consider When Building Your Product Strategy

Amplitude

When it comes to product strategy, there is so much conflicting advice that getting started can be confusing. Some companies’ strategies are so generic that they could mean anything, or nothing at all—as perfectly illustrated in this product strategy madlibs , which fills in the blanks with buzzwords and jargon and calls it a strategy.

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379: Product strategy is changing. Are you ready? – with Ron Adner, PhD

Product Innovation Educators

Examples of classic disruption like Southwest Airlines relied on new technology, but the industry was the same. It’s getting harder to stretch those frameworks that were built for a world well-defined by industry into the world we face today. Today, the industry is no longer the industry.

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5 Key Responsibilities of a Product Owner

ProductPlan

But imagine what the title must sound like to someone entirely outside the product world. Teacher/plumber/airline pilot: So, what do you do? PO: I’m a product owner. Teacher/plumber/airline pilot: Me too! Teacher/plumber/airline pilot: Someone pays you to own products? I mean, what do you do for a living?

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From The Soccer Pitch to The Product Roadmap: The Power Of Teamwork In Creating Outcomes

The Product Coalition

The Rolls-Royce Transformation: From Product to Outcome Rolls-Royce is a prime example of a company that has shifted to an outcome-based business model (OBM) and roadmap. Rather than selling jet engines, the company now offers commercial airlines a service known as power by the hour. Uncertainty is a normal part of product development.

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Close Your Eyes and Imagine a Strategy. Let Me Guess: Got Nothing?

The Product Coalition

In Michael Porter’s books, or anywhere else, I haven’t been able to find many examples of what a strategy should look like. Here’s a proposal: open any book on strategy and go to the Index. Lookup “Strategy, an example of”. A product strategy can be covered in 4 parts (1) Buyer + $ value pool. Find anything?