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My Product Strategy Model

Roman Pichler

The product vision describes the product’s purpose, the ultimate reason for creating it, and the positive change it should bring about. With a validated strategy in place, you are in a great position to build an actionable product roadmap. This includes the stakeholders, the management sponsor, and development teams.

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Avoid ‘Product’ Ground Hog Day: Unlocking Success When Crafting an Outcome-Driven Roadmap

The Product Coalition

Here is an example: Objective: Increase customer satisfaction by 10%. Key Results: Reduce the number of customer complaints by 50%. Increase the number of positive customer reviews by 20%. Increase the customer satisfaction score on our website by 3 points.

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User Research: What Is It and How to Do It in SaaS

Userpilot

This proactive approach allows you to implement targeted enhancements, ensuring a smoother and more satisfying user experience. Ultimately, addressing these gaps not only boosts user satisfaction but also cultivates customer loyalty and positive brand perception. Source: Optimal workshop.

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Market Gaps: 10 Ways to Spot Untapped Customer Needs

Userpilot

Competitor analysis enables PMs to find areas where rivals fail customers and develop sound positioning and differentiation strategies. By tracking user conversions at key touchpoints in the user journey , you can identify where users might face difficulties, experience friction , or drop off altogether.

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424: Lean product management – with Dan Olsen

Product Innovation Educators

Through his talks and interactive training workshops, Dan helps companies build great products and strong product teams. The x-axis is how fully the products meets the need (from 0% to 100%), and the y-axis is how much customer satisfaction or dissatisfaction results. Usually you can quantify performance.

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How to Maintain Your Product Momentum on A Limited Budget

The Product Coalition

That could be a very useful tool for your customers and partners and something that would eventually lead to better product results and higher customer satisfaction. In-house Workshops/Meetups ?—?if if possible (distance-wise), invite a few customers to a few hours meetup or even a full-day workshop.

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How to turn a story point factory into a customer-centric team?

Mind the Product

Bring your team closer to your customers. Research is time-consuming, so most teams have separate researcher positions or they work with experienced external researchers. The goal is to give the first-hand experience of your customers to everyone in your team. Showcase customers in your agile metrics.