Sat.Jun 03, 2023 - Fri.Jun 09, 2023

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5 Metrics Every Product Manager Should Know

ProductPlan

Product metrics , sometimes called key performance indicators , are quantifiable data points that an organization tracks and analyzes to gauge a product’s success. They measure everything from user behavior to market performance. It’s important to note that not all product metrics are created equal. In fact, some are more valuable than others.

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How to Create a Product Vision That Energizes Stakeholders

Product Management University

Most product managers know how to create a product vision, but that’s not the hard part. The more difficult part is getting stakeholders energized and on board the proverbial train. Here’s the thing. The extent to which stakeholders get behind your product vision has everything to do with how the product vision is articulated. What is a Product Vision?

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Trending Sources

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How Will Developments in AI Impact UXR? Researchers Weigh In

dscout People Nerds

New tools like ChatGPT will inevitably have an impact on user research. But what that will look like is up for debate.

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Tips and Tricks from Product Makers: How to Design More Resilient Products

ProductBoard

For product people, it’s always easy to design for happy users. But if you let that dominate your work, you run the risk of your products not being ready when things go wrong (and believe us, they will go wrong eventually). Jess McMullin, a human-centered management consultant and the founder of Situ Strategy, spoke at a Product Makers community event on how to design resilient products that can.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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How to deal with cognitive bias in Product – Part 1

Mind the Product

In the first of a two-part series, Mind the Product's Principal Strategist Christine Itwaru examines different forms of cognitive bias and looks at what product managers can do to combat them Read more » The post How to deal with cognitive bias in Product – Part 1 appeared first on Mind the Product.

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Product in Practice: One Product Manager’s Quest to Adopt Continuous Discovery at Her Company

Product Talk

Adopting continuous discovery can feel like a big, audacious goal. If you’ve never spoken with a customer, how will you be able to set up interviews every single week? If you don’t currently work in a product trio at all, how will you be able to work and make decisions cross-functionally on a regular basis? If you’ve never used an opportunity solution tree before, how will you incorporate this tool into your daily workflow?

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How AI Can Enhance Your Experimentation Roadmap

AB Tasty

Artificial intelligence has been a recurring theme for decades. However, it’s no longer science fiction – it’s a reality. Since OpenAI launched its own form of generative AI, ChatGPT, in November 2022, the world has yet to stop talking about its striking capabilities.

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Demystifying the True Expenses of Building a Digital Product

Emerge Insights

At a recent industry conference, I had a conversation with the owner of a thriving HR consulting firm. Like many leaders in her field, she was frustrated by the disparate array of tools available for HR and payroll management, which is spread across employee benefits management tools, performance tracking systems, payroll providers, etc. This dissatisfaction […] The post Demystifying the True Expenses of Building a Digital Product appeared first on EMERGE | Digital Product Agency.

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How Long Should You Run an A/B Test?

AB Tasty

How long should an A/B test run before you can draw conclusions from it? At what point can you end a test that appears to be yielding results?

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Understanding User Needs and Satisfying Them

Speaker: Scott Sehlhorst

We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.

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How to Offer Constructive Feedback: A Framework for Product People

Roman Pichler

Listen to the audio version of this article: [link] “No Matter How it Looks at First, it’s Always a People Problem” This quote from Gerald Weinberg nicely summarises a core challenge we face as product people: Our profession is called product management, but the product part can be the easy one compared to the people challenges we sometimes face.

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Self-discovery and landing a product management internship

Mind the Product

Phani Sai Ram Munipalli left his job as an Software Engineer and is currently pursuing his Masters in Software Engineering in Silicon Valley. In this guest post, he shares his story on how to make better decisions on becoming a product manager. Read more » The post Self-discovery and landing a product management internship appeared first on Mind the Product.

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Customer Success, Jobs To Be Done (JTBD) and Quantifying Customer Value

Product Management University

Quantifying customer value can turn the “what have you done for me lately ” question into a productive conversation that results in higher renewal rates and higher sales of add-on products/services. If you’re a customer success manager, it’s a familiar scenario. The time for renewal is fast approaching on one or more accounts. That dreaded question is right around the corner.

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All Supported Mobile SDKs and Plug-ins Updated to 6.0 

Alchemer Mobile

Custom data management plus Mobile SDKs plug-ins updated By Mel Fox, Product Manager for Alchemer Mobile, and Vanessa Bagnato, Director of Product Marketing at Alchemer In May, we released updates to the Alchemer Mobile SDKs and Dashboard, including the management of custom data so you can target audiences more precisely; and SDKs for supported development frameworks.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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Journey to Success: The Seven Pivotal Purposes of Product Roadmaps

The Product Coalition

“The reason I’ve been able to be so financially successful is my focus has never, ever for one minute been money. The key is not to worry about being successful, but to instead work toward being significant — and the success will naturally follow. If you do things that are purposeful, you’ll eventually be successful.” — Howard Schultz Several years ago, I found myself in a heated discussion about product roadmaps with a client.

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How to redefine personalisation for your users

Mind the Product

Trouble is brewing in product personalisation, and it starts with user feedback. Shaan Bassi, Cofounder & CEO of product analytics platform Kouo discusses the state of user personalisation and provides a solution to unlock the potential of personalisation. Read more » The post How to redefine personalisation for your users appeared first on Mind the Product.

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439: Differences and similarities between product and project management – with Peter Monkhouse

Product Innovation Educators

Understanding the roles of product managers, project managers, and product owners Today we are talking about a frequently asked question, which is how are product and project management related. We’ll discuss the differences and similarities between the two. Joining us is Peter Monkhouse. He is a product owner and entrepreneur, with NewGenP being his latest company.

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Unlocking Innovation in Japan: 3 Barriers and How to Overcome Them

freshtrax

During a past business trip to Japan, I had the opportunity to reflect on the factors that make it challenging for innovation to thrive in the country. Over two weeks, which was longer than my usual visits, I engaged in client meetings, media interviews, interactions with my company’s Japan office staff, social gatherings with friends, and participation in various events.

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Exploring PerfDog Whitepaper 2024: Unlock the Power of Performance Testing

Key Takeaways Robust Platform & Multi-System Support: Brief introduction to PerfDog's extensive compatibility across various operating systems and hardware platforms including Android, iOS, PC, gaming consoles and more. In-Depth Performance Metrics: Quick view of the extensive range of metrics for system, graphics and rendering, user experience, in-depth analysis, and more.

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You’re Not a Manager of Multiple Teams, You’re a Leader: Tips for Leading Multiple Teams

The Product Coalition

If you don’t approach multi-team leadership as its own beast, everyone is going to suffer. Not just the ferrets. Promulgate the Objective Get on a horse and carry that flag! You’re in charge of several teams because they have something in common. You may facilitate unanimity through a well-grounded, practical, unambiguous vision statement. Careful about the vision, though.

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Getting started with dynamic product pricing – Vishal Kapoor on The Product Experience

Mind the Product

How can the pricing of a product be affected by supply and demand? In this weeks' podcast, we spoke with Vishal Kapoor, Senior Director of Product at Shipt, he discussed the process behind dynamic product pricing strategy, when it's right to introduce this method, and explains the lessons he has learned along the way. Read more » The post Getting started with dynamic product pricing – Vishal Kapoor on The Product Experience appeared first on Mind the Product.

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PMF Survey Template: What Is It and How to Create One?

Userpilot

What is a product-market fit survey ? How do you use a PMF survey template to build one? What’s a good PMF score? If you’re after the answers to these questions, you’re in the right place because that’s exactly what we explore in this article. Let’s get right to it! TL;DR The product-market fit (PMF) survey helps a business measure if its product meets market demand and if it’s good enough that users are ready to pay for it.

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How to Sync Your Software and Hardware Roadmaps for Success

Gocious Blog

As increasing amounts of software are being integrated into hardware products, companies must do away with the traditional stage-gate methodology of planning, approving, and testing products and employ agile or hybrid systems instead. When such systems are in place, it is easier to align software and hardware roadmaps and follow a process that promotes success.

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Product Management Careers: Job Prospects, Pathways, and Must-Have Skills (2024)

The product management job market in 2024 reflects the fast-growing and ever-evolving nature of the field. For product managers looking to future-proof their careers and take advantage of new opportunities, staying informed about the professional landscape is a smart move. In this comprehensive career guide from Regis College, you’ll learn about: The current job outlook for product managers in 2024 Six professional pathways and the average salaries for these roles in the U.S.

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3 Ways To Educate the Market That Actually Work

The Product Coalition

Everyone knows educating the market is hard to nearly impossible, but people always bring up examples like Facebook or the iPhone whenever I discuss it in my lectures. So what can and cannot work when you want to educate the market? It’s all about what you want to educate them on. Photo by Oleg Magni from Pexels Educating the market has a bad reputation, and rightfully so.

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Once upon a product: How storytelling techniques can help your product shine

Mind the Product

In this post, Mohammad Vaghef runs through some storytelling techniques that can be used to make products more memorable and engaging Read more » The post Once upon a product: How storytelling techniques can help your product shine appeared first on Mind the Product.

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Event Data for SaaS: A Complete Guide with Examples

Userpilot

Do you want to leverage event data to make data-driven decisions to enhance user experience? Event data allows you to understand your users’ behaviors and needs on a deeper level. It encompasses a wealth of data like user actions, feature usage, and beyond. As a result, you get the key that opens the door to a treasure of product growth insights for your SaaS business.

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Marketing to Black Audiences is Product Management

Feedback Loop

Pepper Miller, President of the Hunter-Miller Group, highlights how impactful it is for executives to understand their audiences' differences.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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How to Write Useful Epics

The Product Coalition

Many product managers and their teams use epics as a category or container to collect user stories in the hopes of organizing their… Continue reading on Product Coalition »

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SUNDAY REWIND: Predictive tech and data ethics: Part 1 – the pros and cons

Mind the Product

An examination of the risks associated with predictive tech, and potential routes forward for product people as they consider how to deal with the ethical issues associated with designing products. Read more » The post SUNDAY REWIND: Predictive tech and data ethics: Part 1 – the pros and cons appeared first on Mind the Product.

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Funnel Optimization for SaaS: What is It and How to Do It?

Userpilot

Funnel optimization is important—just imagine getting 1000s of trial users but only converting a couple of paying customers. There’re many factors affecting conversion rates, but what can you do as a customer success manager or product manager to improve conversion rates across the user funnel and achieve product growth ? In this post, we’ll clarify what a conversion funnel is and provide 9 tactics you can apply to transform doubtful prospects into loyal brand promoters.