Tue.Jul 28, 2020

article thumbnail

Scaling from 60 to 1,000 People

Mind the Product

TransferWise was formed in 2011 out of frustration with the expense of sending money overseas. Unlike the banks, we display our fee upfront and deduct it before currency conversion. We use the mid-market exchange provided by Reuters with no mark-up, so there are no nasty surprises for customers. We’re happy to boast that the service [.]. Read More. The post Scaling from 60 to 1,000 People appeared first on Mind the Product.

Banking 216
article thumbnail

Using The Bounce Rate Test For Measuring Your Product/Market Fit

The Product Coalition

The bounce rate is the percentage of users who visit a page on your product (for example, your home page) and then leave it before taking any primary action, such as registration or starting a free demo. It is a commonly used metric in traffic analysis. The bounce rate is calculated by counting the number of visits without any further action (in other words, visits with just one-page view) and dividing that by the total number of visits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leading Teams to Success – Christina Wodtke on The Product Experience

Mind the Product

Teaching something is hard – to do it well, you need both an incredible command of the subject and great communication skills. Teaching in the form of a narrative story? That’s another level of difficulty and in her new book, The Team That Managed Itself: A Story Of Leadership, Christina Wodtke does just that. Drawing [.]. Read More. The post Leading Teams to Success – Christina Wodtke on The Product Experience appeared first on Mind the Product.

article thumbnail

How to Take Personal Development Off the Backburner — Tactical Frameworks for Leveling Up

First Round Review

Building better teams and companies starts with working on yourself. But for startup leaders, making time for personal development is usually last on the list. Here's a collection of tactical tips from the Review archives for getting started.

article thumbnail

Beyond the Basics of A/B Tests: Innovative Experimentation Tactics You Need to Know as a Data or Product Professional

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.

article thumbnail

Three Qualities I Look for in a Great Product Manager Candidate

The Product Coalition

#3. They dare to propose big bets backed by intuition Continue reading on Product Coalition ».

More Trending

article thumbnail

7 Ways to Help Prevent Churn for Your SaaS Company

The Product Coalition

Customer churn is a crucial metric to every SaaS business that Product managers, account executives and sales reps try to keep as low as… Continue reading on Product Coalition ».

article thumbnail

Building a 360 Customer View Through Digital and Physical Channels

ProductCraft

For many years, service-based companies such as banks and financial institutions have been using KYC (Know Your Customer) as a key metric representing how much information they have on their customers (within the boundaries of the business relationship). In the past, and to some extent even now, this metric has only factored in identifiers like. Read more » The post Building a 360 Customer View Through Digital and Physical Channels appeared first on ProductCraft by Pendo.

article thumbnail

Do Your Meetings Serve You Well?

The Product Coalition

As product managers, you most likely spend your day in and out of meetings. This is how we make things happen. This simple tip can… Continue reading on Product Coalition ».

article thumbnail

How to Increase Your Beta Engagement by 75%

Centercode

Begging for feedback from unenthusiastic or inexperienced testers is a frustratingly common occurrence for many beta and delta testing teams. But tester engagement — and the resulting feedback — are both vital to test success.

Testing 52
article thumbnail

From Developer Experience to Product Experience: How a Shared Focus Fuels Product Success

Speaker: Anne Steiner and David Laribee

As a concept, Developer Experience (DX) has gained significant attention in the tech industry. It emphasizes engineers’ efficiency and satisfaction during the product development process. As product managers, we need to understand how a good DX can contribute not only to the well-being of our development teams but also to the broader objectives of product success and customer satisfaction.

article thumbnail

How to Create an Agile Community of Practice

The Product Coalition

TL;DR: Creating an Agile Community of Practice Creating an agile community of practice helps winning hearts and minds within the organization as it provides authenticity to the agile transition?—?signaling that the effort is not merely another management fad. Read more to learn how to get your agile community going even without a dedicated budget and how to make it work with distributed teams. ??

Agile 78
article thumbnail

The Great Disruptors to the Channel: Cloud and COVID-19

TSIA

In late March I called a meeting of the XaaS Channel Optimization Advisory Board to find out how these TSIA members were coping with the lockdown and their new way of doing business with employees, partners, and customers. These technology vendors were, by and large, making significant investments in time, effort, and energy in their partner communities, making them feel cared for, invested in, and encouraged.

article thumbnail

Media Product vs The Rest: The High Leverage Phenomenon In Media Products

The Product Coalition

Hulu purchased the rights of Seinfeld in 2015 for $150 Million. For the same deal after 4 years Netflix wrote a check of $400 Million. During these 4 years, neither Larry David nor Jerry Seinfeld (creators of Seinfeld) has done any new work for the show. There are no new episodes, there is no change in background music, there is no change in the screenplay & there is no change in the people who are getting paid too.

article thumbnail

The secret to building consistently excellent products? Deep user insights

ProductBoard

If you’ve visited the productboard blog before, you’ve probably come across “deep user insights” more than once. When we use this term, we mean that the entire product team has a shared understanding of what users really need, and builds the right products as a result. Unfortunately, many teams do not have a system in place and become disconnected from users — a challenge we address in our new.

article thumbnail

7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

article thumbnail

Importance of A Holistic Product Function in A Startup

The Product Coalition

The role of a Product Owner/Manager/Strategist is to help startups capture and transform customer insights into full product experiences that in turn increase customer satisfaction, loyalty, retention, and the business values. Product Management in an inter-disciplinary role which tries to marry Business strategy and Marketing with Design and Engineering, hence making better products that users need.

article thumbnail

How the CJEU Decision on Schrems II Affects Amplitude Customers

Amplitude

On July 16, 2020, the Court of Justice of the European Union (“CJEU”) published its ruling on the Schrems II case. The CJEU concluded that the EU-US Privacy Shield framework is invalid. Prior to the ruling, the EU-US Privacy Shield framework was one of several data transfer mechanisms available to companies to transfer personal data of European Union residents from the European Union to the United States.

article thumbnail

Corona Dashboard: putting the Health in Health Metrics

The Product Coalition

What Product Managers can learn from the Dutch Government when setting up (Product) Health Metrics. Continue reading on Product Coalition ».

article thumbnail

Testing Product Names for SaaS: How to Choose Names for New Features

Usersnap

Having a great SaaS name places you in a great location on this map, closer to your target customers and farther away from your competitors, which is exactly what your unique brand needs. Choosing the best name for your SaaS product can delicately position your brand to customers by understanding their needs and appealing to their emotions while communicating your brand values.

Naming 52
article thumbnail

The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Communication

Speaker: David Bard, Principal at VP Product Coaching

In the fast-paced world of digital innovation, success is often accompanied by a multitude of challenges - like the pitfalls lurking at every turn, threatening to derail the most promising projects. But fret not, this webinar is your key to effective product development! Join us for an enlightening session to empower you to lead your team to greater heights.

article thumbnail

My Daily Mental Health Routine as a Remote Startup Leader

The Product Coalition

Actions to stay centred in an overwhelming remote-first world Continue reading on Product Coalition ».

article thumbnail

From Code to Customers: How to Transition from Developer to PM

Izenda

It’s human nature. We all want to go beyond our current position, work hard, get promoted, and move up the proverbial ladder. Even if we don’t particularly like the business we’re in, many of us will still work hard to advance, thinking “When I get to the next step – it’ll be better.” And, hey, it usually is. Promotions mean more control (and more money) and to most people, that’s better.

article thumbnail

Essential books for Product Managers

The Product Coalition

Don’t steal like an artist, learn from the masters. Continue reading on Product Coalition ».

Books 78
article thumbnail

How to Take Personal Development Off the Backburner — Tactical Frameworks for Leveling Up

First Round Review

Building better teams and companies starts with working on yourself. But for startup leaders, making time for personal development is usually last on the list. Here's a collection of tactical tips from the Review archives for getting started.

article thumbnail

Platform Product Management Beyond Features: Introducing B-MAP for Platform Ecosystem Success

Traditional PM struggles with the complexities of platform ecosystems. B-MAP framework tackles this challenge. B-MAP goes beyond features, focusing on building, managing, adapting, and partnering to foster a thriving platform ecosystem.

article thumbnail

Microservices Databases Migrations

Modus Create

Nowadays users demand applications that constantly run and can be updated without the user having to drop off. To do that, developers need to integrate microservices. But what happens with our database? How do we apply changes to a database without locking out or disconnecting users? This article will explain how to achieve a zero downtime database migration.

article thumbnail

Humans Are Awesome/Terrible At Risk Management | Andy Ellis, Akamai | BoS USA 2019

Business of Software Conference

Andy Ellis, Akamai. Humans are horrible at risk management! How are we even still around? We’re now the dominant species on the planet. Why? How? Andy shares his thoughts on why humanity has significant advantages in making rapid, generally correct risk choices. You will learn: how risk choices that appear unreasonable from the outside may not be. to identify the hidden factors in someone’s risk choice that most influence it. how to help guide people to risk choices that you find more favorable.

article thumbnail

Track biopharma regulatory updates with Clinicaltrials.gov feeds

Roy Madden

Streamline your biopharma intelligence by adding custom ClinicalTrials.gov feeds to your Feedly. Clinical trial updates produce overwhelming amounts of information every day. But a small portion of these articles refers to the diseases and studies you want to monitor. Cut through the noise and build custom RSS feeds on ClinicalTrials.gov with the information you need.

article thumbnail

Your next wave of growth will come from conversational relationships

Intercom, Inc.

No one ever starts a business intending to provide a poor customer experience. But until recently, technological limitations meant that we, as business leaders, faced an impossible choice as our companies grew. Either stay personal with customers or get efficient. Staying personal meant offering expensive services that aren’t scalable like 1:1 phone calls or 24/7 real-time chat.

article thumbnail

Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.