Sat.Jan 20, 2024 - Fri.Jan 26, 2024

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The ten truths of customer-centric product teams

Mind the Product

Discover the 10 principles to be a successful customer-centric product team to drive positive customer outcome and increased loyalty. Read more » The post The ten truths of customer-centric product teams appeared first on Mind the Product.

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How Can Product Managers Stop Copycat Products?

The Accidental Product Manager

Copycats can only be stopped if other people stop selling them Image Credit: [cipher] The goal of every product manager is to create a popular product that our customers want to purchase. However, there is a bit of a problem with this plan. If our product becomes too popular, there will be other companies that start to make copies of our products. They may try to place their products in front of our customers by getting retailers to carry their products.

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The most expensive game cost over $1B, and how AI will transform it

Andrew Chen

Grand Theft Auto 6 and the future of AI If you happened to miss it, a few weeks back, here is the game trailer for Grand Theft Auto 6. It’s worth watching, and is amazing on multiple levels. But GTA 6 might be the peak of the open world category, untouched by the next wave of tech, particularly generative AI. Let’s start some facts: First, GTA has a reported budget of $1-2B, making it THE MOST EXPENSIVE GAME EVER Not only is this the most expensive game ever, but compare it to movies

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The Essential Product Marketing Framework for SaaS Business Growth

Userpilot

A product marketing framework is like a compass that guides you through the complex, fast-paced world of SaaS. From initial launch to ongoing product management , this framework acts as a map towards sustainable growth. However, selecting a framework or creating one from scratch can be very confusing. In this article, we dive deep into what a product marketing framework is and explore its essential components.

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How to Build an Experimentation Culture for Data-Driven Product Development

Speaker: Margaret-Ann Seger, Head of Product, Statsig

Experimentation is often seen as an aspirational practice, especially at smaller, fast-moving companies who are strapped for time and resources. So, how can you get your team making decisions in a more data-driven way while continuing to remain lean and maintaining ship velocity? In this webinar, Margaret-Ann Seger, Head of Product at Statsig, will teach you how to build an experimentation culture from the ground-up, graduating from just getting started with data-driven development to operating

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Pines, Oaks and Bushes in the Corporate Forest: Types of Business Architecture as Trees

The Product Coalition

Our next article in the prioritization series* tells about different types of business organizations. To illustrate the differences between them, we’ll use a tree metaphor created by Alexey Kulakov, JetStyle ’s CEO and co-founder. To be on the same page, let’s agree that a business is best described as a continuous process of value delivery; this idea will help us reveal the tree metaphor.

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Everything You Need to Know about Product Portfolio Strategy

Roman Pichler

Listen to the audio version of this article: [link] What Is a Product Portfolio Strategy and Why Does It Matter? A product portfolio strategy is a high-level plan that helps you maximise the value a group of products creates. It achieves this by setting overarching goals for the entire portfolio. These guide and align the strategies of the portfolio members , as Figure 1 illustrates.

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Does Set-Based Design Lead to Better Products?

Gocious Blog

Every product development team wants to create the best product possible. It’s easy to generate and collect great ideas. Still, it’s more challenging to explore the best options, let alone decide on the winning version that will please the customer and be commercially viable. Scoring methods can help sift through a long list of ideas, but how does the product team choose which ones to develop?

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How Gong builds product

Lenny Rachitsky

👋 Hey, I’m Lenny and welcome to a 🔒 subscriber-only edition 🔒 of my weekly newsletter. Each week I tackle reader questions about building product, driving growth, and accelerating your career. Subscribe now P.S. Don’t miss Lennybot ✨ (an AI chatbot trained on my newsletter posts, podcast interviews, and more) and my new swag store (great gifts for your favorite PM, or yourself!).

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Strategic Product Backlog Refinement: Tools and Techniques for Agile Success

ProductBoard

Product backlog refinement is an ongoing process in agile development where the team collaboratively reviews, prioritizes, and updates items in the product backlog to ensure its readiness for upcoming sprints. It involves continuous adjustments, additions, and clarifications to optimize the backlog for efficient development and delivery.

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How Embedded Analytics Helps Product Managers Exceed Their KPIs

Embedded analytics can help you deliver cutting-edge analytics experiences to your end-users that align with KPIs that are critical to the growth and success of your business. Read this eBook to learn how an embedded analytics platform, like Qrvey, can help PMs exceed the following KPIs: Growing revenue while improving customer retention rate Delivering rapid time to value Earning a high net-promoter score Increasing Gross Margin / Profitability Conversion rate from trial to paid Don’t just meet

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How to build great hardware and software products Dominik Busching (Head of Product, tado)

Mind the Product

Discussing the creation of outstanding digital products is a frequently addressed subject within the community. So on this week's podcast, we had the privilege of hosting Dominik Busching, Head of Product Management at Tado. In this episode, Dominik offers valuable insights into how product managers can effectively build and innovate with both hardware and software products.

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How To Train a Transactional Chatbot Using Reinforcement Learning?

The Product Coalition

While transactional chatbots can handle general inquiries and conversations, chatbots can be designed to do more. We’d like to thank Tremis Skeete, Executive Editor of Product Coalition for his valuable contributions in the research, development and writing of this article. We also thank Product Coalition founder Jay Stansell, who has provided a collaborative product management education environment.

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473: The Mindsets of Breakthrough Innovators – with Matt Phillips

Product Innovation Educators

Five mindsets every product manager should cultivate I am interviewing speakers at my favorite annual conference for product managers, the PDMA Inspire Innovation Conference. This discussion is with Matt Phillips, whose session is titled “The Mindsets of Breakthrough Innovators.” Matt shared that successful innovators and entrepreneurs think differently from other people.

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Product Strategy Depends on Company Strategy

Mironov Consulting

Expanding on a recent post ( Revenue Goals are Not Company Strategies ), I’ve been seeing lots of maker teams (product, engineering, design) struggling to form product strategies without a company strategy to hang them on.  This is a recipe for failure: there are no generic product strategies or corporate strategies , and IMHO therefore no context-free prioritization models, metrics, or product goals.

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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.

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SUNDAY REWIND: A well-rounded personal growth plan

Mind the Product

We look back at advice from Mind the Product’s managing director Emily Tate on how product people might develop a personal growth plan in this week’s Sunday Rewind. Read more » The post SUNDAY REWIND: A well-rounded personal growth plan appeared first on Mind the Product.

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For Your Reading: Articles for Product Coalition Writers

The Product Coalition

As we work together to make product learning accessible, we invite you to read these articles to learn more about what we do. By Jay Stansell and Tremis Skeete , for Product Coalition We all want to learn how to be better product people. Perhaps that’s why you decided to become a writer, because to write usually motivates one to learn more about things.

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Root Cause Analysis in Product Management: A Step-By-Step Guide

Userpilot

How do you conduct root cause analysis in product management? This is the main question we explore in this article. We also explain why it’s important for product managers and share useful tips. Let’s dive in, shall we? TL;DR Root cause analysis (RCA) is a problem-solving process that focuses on identifying their underlying causes. RCA helps organizations eradicate recurring issues and not just symptoms.

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Good Strategy, Bad Strategy | Richard Rumelt

Lenny Rachitsky

Brought to you by: • CommandBar —AI-powered user assistance for modern products and impatient users • Miro —A collaborative visual platform where your best work comes to life • Vanta —Automate compliance. Simplify security. — Richard Rumelt is a legend in the world of strategy. He’s the author of Good Strategy/Bad Strategy and The Crux: How Leaders Become Strategists, both of which are often recommended by guests on this podcast.

Strategy 104
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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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ProductTank Singapore: Fostering connections and building bridges in product

Mind the Product

Explore the ins and outs of the product management realm in our latest ProductTank Spotlight. We've caught up with Shi En Wong, Senior Product Manager at Helicap, and the brains behind ProductTank Singapore, to get insights into what's happening in the Singaporean product landscape and what lies ahead for the product community. Read more » The post ProductTank Singapore: Fostering connections and building bridges in product appeared first on Mind the Product.

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Product Management Conferences To Attend In 2024

The Product Coalition

For 2024, several excellent conferences dedicated to product management are available, addressing the increasing interest in this field. I would like to thank Tremis Skeete, Executive Editor of Product Coalition for his valuable contributions in the research, development and writing of this article. I also thank Product Coalition founder Jay Stansell, who has provided a collaborative product management education environment.

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Customer Success Models: How to Choose the Right One for Your SaaS?

Userpilot

What are the most common customer success models? What factors should you consider when choosing one for your SaaS business to provide the best assistance to your customer ? These are the main questions we discuss in this article. Let’s get right into it! TL;DR Customer success models are frameworks that help organizations ensure that customers can use their products effectively to realize their goals.

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Why your UX Portfolio is not getting interviews in 2024? Do’s & Don’ts!

UX Planet

Prologue: Who should spend the time to make a killer portfolio website? Consider this: What’s your unique UX superpower? What’s the one trait that makes you irresistible to potential interviewers? For those fortunate to have a track record of successful products at renowned companies, a portfolio website might seem like a “just for fun” move. However, if you’re a budding student, someone at a startup, agency, consultancy, or simply someone who is not as confident in their career record, your por

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The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data and AI

Speaker: Aindra Misra, Sr. Staff Product Manager of Data & AI at BILL (Previously PM Lead at Twitter/X)

Embark on a transformation journey into the heart of the data ecosystem! This webinar is your gateway to a deeper comprehension of the foundations that drive the data industry and will equip you with the knowledge needed to navigate the evolving landscape. Delve into the diverse use cases where data analytics plays a pivotal role. We’ll explore how these applications are transforming with the introduction of Gen AI, and discuss the anticipated use cases for 2024 and beyond.

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Failing forward: Killing your first product

Mind the Product

This piece highlights the learnings gained by sunsetting your first product, sharing the lessons learnt in the process. Read more » The post Failing forward: Killing your first product appeared first on Mind the Product.

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Consider This: The Churnstile of Death

Haines-Group

The Problem Churn is the silent killer. It measures the rate at which customers are passing through that metaphorical turnstile, leaving your services either voluntarily or involuntarily (such as for payment issues.) Either way, that’s your life blood seeping out and you’ll need a transfusion of new customers to replace it. That can make churn an existential problem that it pays to understand and solve.

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Three Agile Metrics to Track and Measure: Outcomes, Flow & Competency

Gocious Blog

Every organization needs to decide which metrics they will track and measure. These metrics are indicators of your company's internal health, the performance of your products on the market, and the efficiency of your processes. Without tracking, measuring, and analyzing these figures, there is no definitive way to show success, find improvement opportunities, or learn from mistakes.

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Habits of German users in the e-commerce sector

UX Planet

Unlike other countries, Germany unfamiliarly achieves high quality of life at low costs. Initially, the user should be in the first place like in all user experience processes. It is easy to say that ‘user is important’, but the difficult thing is to maintain the design process for the user. Being alert is required in details such as being open to make corrections in the process and keeping up with the development for the perfect progress of the plan.

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A Comprehensive Checklist to Revamp Your Website & Increase Profitability

Unlock the power of a well-designed website with our eBook, 'Comprehensive Checklist: A Guide to Website Redesign.' Crafted by Brucira and ruttl founders, it's your ally in reshaping your digital presence. Welcome to a transformative journey!