article thumbnail

Product Management Process: The 7 Stages Explained

Userpilot

Following the product management process results in continuous product discovery, design, and development; overall, it improves the chances of success. The product management life cycle consists of seven main stages: You start with Market Research to assess the external business environment and identify the needs of the users.

article thumbnail

How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

That means doing your homework regarding market intelligence, product-market fit, technical feasibility, and the like. Idea management Since your business worries about the short-term and the big picture, there are more ideas than ever to consider. So you want to make those chances count.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Greenfield Project

ProductPlan

That means, for example, that the product team will be starting without things like: Earlier versions of the product (or similar products). Research estimating the product’s total addressable market. Being part of the team kicking off a brand-new software product can be exhilarating. Validating your idea.

article thumbnail

Where Do PMs Gather Their Product Ideas?

ProductPlan

There are various competitive intelligence sources to understand your overall market, the markets your customers are targeting, and the dynamics and trends shaping customer behavior. Third-party market sizings and forecasts. Sizing your total addressable market can be tricky. Suppliers and distributors.

article thumbnail

How Product Organizations Can Balance Big Bets Versus Short-Term Wins

ProductPlan

That means doing your homework regarding market intelligence, product-market fit, technical feasibility, and the like. Idea management Since your business worries about the short-term and the big picture, there are more ideas than ever to consider. So you want to make those chances count.

article thumbnail

11 Types of Product Managers for SaaS Companies

Userpilot

The role of the growth product manager focuses on identifying and maximizing product growth opportunities. The product launch manager collaborates with the marketing team to develop launch plans and oversees their implementation. Conducting market research and competitor analysis.