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Become a Product Visionary with Alternative Futures Analysis

The Product Coalition

With this knowledge in hand, teams can more effectively identify and exploit opportunities and adopt risk strategies. To help illustrate the process, let’s say we’re an established B2B software company that makes vehicle inventory and sales products for the US automotive industry. Not all ideas are equal.

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Average Customer Retention Rate By Industry & How to Improve Your SaaS Retention Rate

Userpilot

This article explores the latest customer retention statistics across different industries and highlights tips to help you define a winning customer retention strategy. Retention strategies that can improve your CRR include: Segmenting customers and creating personalized experiences to increase the customer’s lifetime value.

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AI Product Management: Why Software Product Managers Need to Understand AI and Machine Learning

ProductPlan

AI Product Management: Why Software Product Managers Need to Understand AI and Machine Learning. Whether companies dip a toe in AI waters or take a full-on plunge, AI initiatives are taking root everywhere–from automotive and retail to education and healthcare. Often software PMs have a background in UX or marketing.

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Product Trends 2023 – AI, AI &…driving more value. Top product experts share their opinions.

Userpilot

Our experts predict there will be a lot more automation of low-level tasks, to compensate for the reduced workforce in tech companies due to the layoffs. The result – we will see emergence of some really cool, disruptive products, sometimes even entirely new genres of software and hardware. Product Resolutions 2023.

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When going fast is not the same as going somewhere

The Product Coalition

With decentralized structures on the rise, we should remember Porter’s fundamental concepts of business strategy that explain the success of today’s business heavyweights. Michael Porter was aware of this when writing the iconic “What is Strategy?”. from corporate strategy all the way down to the product distribution for Pampers?—?it

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Why People Buy and What it Means for Your Product

ProductPlan

Do we think Matthew McConaughey is an automotive expert? Let’s review the psychology of our customers and then ask yourself, “Why are people buying our product?”. As such, we often turn to online reviews. 93% of consumers consider online reviews as part of their purchasing decisions. Of course not. TOMS Shoes.

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Product Positioning for Product Managers

Department of Product

Porsche, Audi and Volkswagen coexist in the same automotive market as global brands with unique products as a portfolio within VW Group. But a target customer for Audi may perceive higher value due to the connection to Porsche. But a target customer for Audi may perceive higher value due to the connection to Porsche.