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He emphasizes that these activities vary based on context (large vs. small organizations, B2B vs. B2C, Agile vs. Waterfall). Waterfall) Product type (AI vs. non-AI products) Market focus (B2B vs. B2C) He emphasized that these contextual factors significantly impact a product manager’s role.
Key topic #3 B2B vs. B2C pricing strategies Explore what product managers in both sectors can learn from each other. Key topic #2 The Role of AI in Personalized Pricing Learn how AI tools can help you optimize pricing strategies without massive data sets. Why Listen to This Episode?
Teeba shared how she applied continuous discovery ideas and frameworks to her job search. Example 1: A B2C tax software platform One company Teeba interviewed with was a B2C tax software platform. The revenue formula, business outcomes, and product outcomes Teeba mapped out for a B2C tax software platform.
Here is a simple framework to help you understand what they need, and more importantly — where are your current gaps. If you are in B2C it’s usually different personas. Your product’s value needs to be defined, delivered, and perceived as such by your customers.
A decision making framework that I use is. Marvin Mathew is a New York based Product Manager with experiences across B2B & B2C–FinTech, SaaS and HealthTech. How will it impact the customer experience (1-3) Level of effort for engineering and support (1-3) Alignment to near-term/long term company objective (1-3).
Up until this point, to understand our customers, we had primarily relied on the Jobs-to-be-Done framework , product sense, research insight, sales input, and a belief that our customers were companies just like us. Through the segmentation process, we found that a B2B versus B2C distinction was sufficient to capture differing needs.
This article provides analytical framework and tactical steps to collect targeted customer feedback to improve B2B SaaS products. The same approach with a few alterations can be replicated for B2C SaaS products as well. In case of B2C customers it could be a usage related cohort, that is, MAU/ DAU. Revenue Cohort: $10M+, $1M?—?$10M,
In my new PM role at a large B2C, I felt lost. I’ve used the job to be done framework to clarify for other members of our team the problem we’re solving for customer. I served teachers, students, and administrators, each group with specific product needs and goals. But that was my old job in edtech.
What difference does it make if your product is B2B or B2C? We take a look at the North Star Metrics used by Miro, Amplitude, Airtable, Dropbox, and Jira on the B2B side, and Facebook, YouTube, Netflix, Spotify, and Instagram for B2C – and consider the differences between them. B2C North Star Metric example.
In my continuous discovery framework, I argue teams need to discover opportunities and solutions. In B2C contexts, you can almost always spend less money on an incentive with more perceived value than cash. This means that the incentives you offer in a B2C context likely won’t work in a B2B context. Tweet This.
B2B Metrics now are More Like B2C Metrics. You need a framework for looking at potential revenue and business development to help you decide whether it is worth building the requirements. Rate of growth is vital and you only get one chance to impress the first user. Without a Product Strategy, you Won’t Know When to Walk Away.
Our new report reveals that many companies – across both B2B and B2C – are turning to conversational support to manage high conversation volumes more efficiently and exceed customer expectations. You’ll also get actionable tips on how to put each trend into practice and a proven framework for scaling conversational support.
Kelsey Terry is the former Director of Product at Going , a B2C SaaS company that helps members save between 40–90% off airfare. It was very hard for people to follow along because this is a highly visual process, and not everyone is versed in visual tools like FigJam, double diamond frameworks, assumption maps , or storyboards,” says Kelsey.
I want to hone my product skills Fundamentals Mission → Vision → Strategy → Goals → Roadmap → Task 🎖️ How to develop product sense How to get better at product strategy (plus this and this podcast episode) How to get better at influence How to get better at communication: The Minto Pyramid Principle and (..)
User stories are the smallest unit of work within typical agile frameworks, such as Scrum and Kanban. How User Stories Fit Into Agile Frameworks While user stories themselves remain relatively unchanged depending on your agile approach, they can be used in different ways depending on which framework your teams follow.
Cloud computing offers three main service models: SaaS for ready-to-use software, PaaS for application development frameworks, and IaaS for scalable virtualized computing resources. Microsoft offers enterprise solutions, productivity suites, and cloud services for both B2B and B2C sectors, emphasizing innovation and efficiency.
At some point, I discovered a few frameworks out there, but none of them felt like they thoroughly answered the need to account for the key skills of Product Management, particularly those working in the digital arena. Another part of it is whether the Product Manager is working on B2C, B2B, or technical products.
Over the past few months, I’ve been on a deep dive into the world of customer discovery and the Jobs to Be Done (JTBD) framework. This isn’t just a tool; it’s your personal coach for tailoring the JTBD framework to meet your unique needs. The JTBD framework is an approach that shifts the focus from products to the customer’s needs.
We’re here to find out more about his new product design framework — they call it Value Paths — for healthy, sustainable growth. Value Paths: a framework for sustainable growth. I’d love to hear about the framework the title is named after. And trying to improve our success rate over time. Addressing a gap.
To answer your questions in the most comprehensive way possible, I teamed up with Palle Broe to analyze how leading tech companies are approaching AI pricing and, from that, create a framework to help you make decisions about how to price your own AI products and features. A simplified perspective on the three AI layers.
If you’re a product or service company of any type, B2B or B2C, you only have one goal: To make your customers better or more successful at something that’s important to them. Let’s find all customers who don’t have product X and start promoting it.”. Step Back and Think About What You’re Really Marketing & Selling.
As a VP of Product at Roam Digital, a full service consultancy, I’ve had the opportunity to work on a wide range of B2B and B2C products. Using that as a foundation, we built out our own frameworks and best practices, operationalized them for measurement, and then optimized along the way. With product metrics. About Corinna Stukan.
This attitude is less prevalent in the B2C world as they are hyper-aware of and interested in addressing the pain of change. Use the framework highlighted in this post as a guide. Henry Rollins No one enjoys the pain of change. Change is hard. Yet we continue to think our customers won’t mind changing to use our products.
Identifying Bottlenecks I write here a lot about the pirates’ metrics framework. I really like this framework as it outlines the human customer journey with your product and breaks it down into distinct categories. One of the ways in which I recommend using the framework is rating yourself in green-yellow-red for each category.
Here are five quick takeaways: The founders of Spendesk noticed that, while the B2C space was innovating with peer-to-peer quickpay options, nothing like that existed in the B2B space (which often lags a few years behind the consumer market). Short on time? “Process is important.
It is a framework for putting your customers at the core of your business by looking at behavioral data, identifying high-value opportunities, and creating impactful experiences. Think about data management as the framework you use for defining the way your team works with data. What Is Product Analytics?
It’s supposed to be a framework that helps you make decisions. Good strategy is about giving a people a framework in which they can look at the decisions they’re about to make, and then be able to decide whether or not it fits with the product they’re going to build. These phases still exist between B2B, and B2C.
including Scrum as a framework?—?work All startups built double-sided marketplaces, serving B2C as well as B2B customers. TL; DR: How to Make Agile Work in Fast-Growing Startups For years, I worked in several Berlin-based, fast-growing startups in my capacity as Scrum Master, agile coach, and Product Owner.
It’s cheaper, reaches more people, and has proven results for SaaS, B2B, and B2C companies. You might also be interested in: How to Get a Product Management Job at Slack Pinterest: B2C Product-Led Growth Advocates for product-led growth often point to Pinterest as a shining example of how it’s done, and the incredible results you can achieve.
Note: This is a big topic that’s best addressed with live examples and interactive frameworks. B2C companies supported by ad models are a little different. This is true for a lot of B2C companies that have very short decision funnels for users: Snapchat, Instagram, and others.
A Framework for Driving Product Adoption. Growing adoption rates for your product requires you to follow a clear, effective framework. Here’s the framework they suggest: Analyze your customer and product data to inform your hypothesis. And they developed a scoring system to apply that framework to their entire user base.
At large scale companies – typically B2C companies – this switch evolved into a ramp. The experimentation team at LinkedIn has proposed a useful framework for answering this question. As an aside, this phase was added by me; it is not part of the original LinkedIn framework. Ramping Up. 5 Launch Phases.
You can measure product growth using the pirate metrics framework , North Star Metric , and/or HEART framework. There has been a rising demand for self-served support among B2B and B2C customers. There are multiple frameworks for measuring product growth. Why is product growth important? Pirate metrics. North Star Metric.
What’s the difference between product management in B2B/SaaS and B2C? To be honest, I haven’t worked in the B2C sector. Following are some of the differences I can think of: Customer Research: B2B PMs tend to speak with customers a LOT more than B2C customers. That’s just because you have so much data in B2C compared to B2B.
I like to describe it using Dave McLure’s AARRR framework: you are pouring leads into the pipe on the left, and you get happy customers on the other side of the pipe on the right. Everyone works really hard, and the success rate is far from 100%. Sounds familiar? Let’s see why it happens. Think about your sales funnel like a pipe.
Every business is unique, and metrics frameworks apply differently 5. Over the course of our conversations, we were pointed to several measurement frameworks for finding product-market fit, with differences depending on the product category, and industry. Every business is unique, and metrics frameworks apply differently.
In my post today, I won’t attempt to show you exactly how to make the perfect Product Roadmap (mainly because I don’t believe such a thing exists), but rather the thought framework that I typically use when I’m creating a Product Roadmap. Let’s say the candidate did well at B2B companies, but maybe not so well in B2C companies’ interviews.
In addition to the quantified benefits, those interviewed indicated a number of unquantified benefits that brought success to their organizations, including: A repeatable, scalable framework and process for customer testing. A high-performing tester pool of participants that fit the organization’s target market.
Try a goal-setting framework like SMART. SMART goal-setting framework. The average B2B SaaS conversion rate is around 18-29% , while some B2C companies, like Netflix, get as high as 93%. How to create effective conversion paths: step-by-step process Here’s how you create a robust conversion path for your SaaS product.
How to Create A Value Proposition: A Four Step Framework You must also think about how you will deliver that value to your customers. In the B2C sector, charging by value metric is a fledgling concept and not every segment is used for it. it might even be using a piece of paper or hiring an intern.
Importance of Word of Mouth and Trust Word of Mouth is the most important driver of growth to online dating platforms since they all are B2C (business to client) models in need of a massive amount of users, most of the marketing channels costs are punitive (even more if you consider the high competition on this market right now?
I’ve recently noticed several big B2C and B2B brands have jumped on the personalization bandwagon. People buy your SaaS product to get a specific job done (think JTBD framework): Source: Louis Grenier. Done right, personalization can be absolutely critical for new user activation, engagement and retention.
Traditionally, we think about businesses being either B2B or B2C, however, there’s also a third model that combines the two. B2B companies that need help marketing their products or services can partner with B2C online shops. Other examples include a B2B product supplier buying leads from a B2C entity.
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