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Why Great Ideas Fail in Finance: It’s Not the Digital Product, It’s the UX

UX Planet

Companies that are leaders of CX achieved more than double the revenue growth of CX laggards between 2016 and2021. Competitive Differentiation: In a saturated market, ease of use and overall digital delight can be the deciding factor when customers chooseor leavean institution. Its business strategy, brand differentiation and survival.

Finance 98
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Bigger and Better – Product Management Survey Results 2016

Mind the Product

Median experience in 2016 is four years, and is unchanged from 2013, but mean experience, as you might expect from the increased proportion of more senior respondents, has risen from 5 years to 5.4 Salaries have gone up in the past three years, although we think that the salary data for 2016 is a little “noisy”.

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Feature prioritization in product management: the key to building products that sell

Product Management Unpacked

An October 2016 survey by the organization, Mind the Product, asked the question “ What’s your #1 single biggest product management challenge right now?” For example, feature choice is a balance of differentiating a product from its competitors while meeting existing customer needs. Who do you listen to?

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From marketplace to SaaS business: How Udemy acquired 80% of the Fortune 100

Intercom, Inc.

When Yvonne joined in 2016, the business unit consisted of just 10 people across product, engineering, sales, and marketing. Turning a sales objection into a unique differentiator. Rather than shying away from the marketplace, she embraced it as Udemy for Business’ unique differentiator.

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Slack: A Product Led Growth Strategy Case

The Product Coalition

Microsoft launched Team in 2016 and took over many customers of Slack, and currently has almost twice as many daily active users as Slack. The brief background, in the beginning, might have given an idea for solving the differentiation strategy cases. A recent example is Team vs Slack. Let’s move the case.

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Strategy Blocks: An operator’s guide to product strategy

Lenny Rachitsky

At Headspace back in 2016, we had established our product roadmap and success metrics and our mission and vision, but teams were still confused about why we were working on the projects we chose. Uniqueness of levers: Assess if the levers can have a unique and differentiated experience as a result of being built by the team/company.

Strategy 121
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Using Embedded Analytics to Drive Revenue

Mind the Product

Five years ago, including embedded analytics in an application was a powerful way for product teams to differentiate their applications, reduce customer churn, and charge more for their products. When considering the value of analytics relative to their products overall, survey respondents estimated the value at 54%, up from 45% in 2016.