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How productmanagers can adapt core responsibilities across different organizations and contexts Watch on YouTube TLDR Through his research and practical experience at MasterCard, Nishant Parikh identified 19 key activities that define the role of software productmanagers.
A custom ChatGPT model that helps accelerate product innovation Watch on YouTube TLDR In this episode, I interview Mike Hyzy, Senior Principal Consultant at Daugherty Business Solutions. He explains how to conduct an AI-powered design sprint that transforms product concepts into clickable prototypes in just hours instead of weeks.
How AI captures customer needs that human productmanagers miss Watch on YouTube TLDR In my recent conversation with Carmel Dibner from Applied Marketing Science, we explored how artificial intelligence is transforming Voice of the Customer (VOC) research for product teams.
Why marketresearch is productmanagers’ secret ingredient for successful products Watch on YouTube TLDR Marketresearch is a key part of product development and management. Introduction In the world of productmanagement and innovation, marketresearch is like a compass.
A productmanager’s guide to breaking free from reactive problem solving Watch on YouTube TLDR In my recent conversation with Doug Hall, master of turning chaos into clarity, we explored how productmanagers and innovation leaders can break free from reactive problem-solving and create more value through proactive innovation.
How an AI-powered fashion startup achieved product-marketfit Watch on YouTube TLDR In this episode, we’re joined by Anya Cheng, former product leader at Meta, eBay, McDonald’s, and Target, and current founder of the AI-powered fashion startup Taelor. ” The problem?
I've been reflecting on the last decade in ProductManagement. Not every company has seen all these changes, but by and large I think it's been a positive push forward and I'm proud of where we've come from and where we have gotten to. -- 2014: "I do not need ProductManagers, I can run my company myself,I have the strategy."
Marketresearch is the process of gathering information about your business's buyer personas, target audiences and customers. Marketresearch also helps to provide a deeper understanding of the varying market factors, such as the nature of the market, the problems of the users, and the value of what you are building.
How AI captures customer needs that human productmanagers miss Watch on YouTube TLDR In my recent conversation with Carmel Dibner from Applied Marketing Science, we explored how artificial intelligence is transforming Voice of the Customer (VOC) research for product teams.
Listen to the audio version of this article: [link] AI Strategy Benefits My research shows that AI can help you make better strategic decisions faster, at least for certain products. [1] 2] MarketResearch AI-based tools can discover user and customer trends using predictive analytics.
Marketresearch, for ProductManagers, is an absolute necessity for success. Much of the time, you’ll find that your company has already outsourced your marketresearch to a firm. Different Types of MarketResearch 1. This is where exploratory research comes in. That’s why you need us!
Guest Post by: Candice Zhang (Mentee, Session 11, The Product Mentor) [Paired with Mentor, Tauheed Ahmed]. When I first researched about productmanagement, I asked seasoned productmanagers how they started and they gave me very different kinds of answers.
Photo by Dylan Gillis on Unsplash Marketresearch and user experience research (UXR) are often confused as being the same thing, but they are actually distinct fields with their own goals and methods. To choose the appropriate research method for the business, it’s important to clarify the problem we are trying to solve.
Three phases of pricing for productmanagers. A lot of productmanagers are not very involved in pricing decisions. Our guest, Ben Malakoff, learned how to price products and in this interview he shares what you’ll need to know to be part of pricing decisions, increasing your influence. 6:39] MarketResearch.
This article assumes that you are familiar with the product vision board or the key elements of a product strategy : market, value proposition, standout features, and business goals. More Information : 8 Tips for Creating A Compelling Product Vision and Strategize , pp. Target Group is (too) Big and Heterogenous.
In a similar fashion, AI is changing how productmanagers learn best practices, and it will all be for the better when you see the results. Common Scenarios Before & After AI Here are a few common productmanagement scenarios that exemplify the stark difference between learning best practices before and with AI.
Product experts have tried to tackle this issue but they gloss over the impact a company’s structure and leadership team have on product/marketfit. For many consumer packaged goods (CPG) companies, product teams report to marketing, sales, finance, or strategy leads.
Without effective UX analytics that goes beyond collecting data, you’re losing valuable customers. Unfortunately, the research backs this up, with a staggering 90% of users reporting that they stopped using an app due to poor performance. Basically, anything that ruins the user experience. What is UX analytics?
Before the advent of agile frameworks like Scrum , a product person—the productmanager—would typically carry out the marketresearch, compile a market requirements specification, create a business case, put together product roadmap, write a requirements specification, and then hand it off to a project manager.
Think of Net Promoter Score (NPS) software as a tool to measure your customers’ feelings about your product, and categorize them based on their level of loyalty (promoters, neutrals, and detractors). Userpilot is a product growth platform that can collect customerfeedback directly within your product.
For the past eight years, I’ve been working with C-Suite leaders at companies big and small to set up their ProductManagement organizations. At all of them, I start understanding the current state of ProductManagement. Having a dedicated career ladder for productmanagers allows them to see their path to the C-Suite.
One of the most challenging questions about productmanagement has been – in my experience – “What is ProductManagement?”. We’re called “product” managers. We’ll start with a box labeled “Product.” By the end of this post you’ll have a much better context for thinking about “the product.”.
“What is the difference between a Product Owner and a ProductManager?”. Honestly, I did very little of what I teach as ProductManagement now either. I wasn’t called a ProductManager until I bailed out of that and landed in a startup. You are teaching us to talk to users, but I am a Product Owner.
If there’s one thing productmanagers and productmarketingmanagers wish they had more time for, it’s marketresearch. Second and even more important, the process of doing marketresearch even if you have a fulltime person doing it, is still terribly time-consuming and inefficient.
Questions productmanagers ask me about how to improve innovation Watch on YouTube TLDR Productmanagers are pivotal in driving innovation within organizations. By mastering these areas, productmanagers can improve their skills, boost their influence, and contribute more effectively to their organization’s success.
Stefan Röse breaks down how Quantilope is pushing forward customer development and the consumerresearch field. By Jon Matheson for Product Coalition Have you ever wondered how much a consumer is worth? Perhaps that’s why some research experts say, “Data is the new currency.” While flying from the U.K.
As you may know, the product owner originated from Scrum, where the role is responsible for maximising the value the product creates. This sounds like a text-book productmanagement responsibility to me. Additionally, some approaches like SAFe employ a separate productmanager and product owner role.
Guest Post by: Hansa Vagadiya (Mentee, Session 4, The Product Mentor) [Paired with Mentor, Ladislav Bartos]. Recently, I participated in a productmanagement mentorship program run by The Product Mentor. Think of your productmanagement career development as a new product that is going to be released into the market.
Consumers have lots of choices when it comes to picking a mobile application! So, as a productmanager for a mobile application, how on earth can you build an application that stands a chance of becoming a well-used, frequently purchased application, let alone rise to the level of “top 10?”. Know Thy Customer—and Thy Enemy.
How marketing and productmanagement work together. Turns out if you ask 50 different people what marketing is, you’ll hear 50 different answers. That is what our guest did to investigate what people think about marketing and how it fits into the work productmanagers do.
It’s been drilled into our heads time and time again – as product people, we know that we are not the customer. What follows is that we need to get to know our customers, to figure out what their problems are, how they perceive & prioritise them, and how they react to the solutions we [.]. Quote of the Episode.
Listen to the audio version of this article: [link] Introduction To discuss empowerment in productmanagement, I find it helpful to distinguish three main levels of decision-making authority, product delivery, product discovery, and product strategy, as the model in Figure 1 shows. [1]
Guest Post by: Julian Dunn (Mentee, Session 6, The Product Mentor) [Paired with Mentor, Vikas Batra]. I became a productmanager because I wanted to take a more strategic role at my company. Don’t hesitate to show your strategy documents to your most trusted customers for early feedback.
Being thoughtful about product discovery means staying on good terms with others throughout your company. Product trios can often encounter resistance when rolling out the continuous discovery habits. Your sales rep is responsible for renewing revenue from existing customers. We see similar tendencies on the marketing side.
A marketer or marketresearcher may view patterns in terms of demographics and buying activity. A userresearcher or other UX practitioner may group users by patterns in their behavior, both inside and outside your product. User personas stand in for users throughout the design of your product.
One of my goals at Product Talk is to showcase what good productmanagement looks like. Today, I’m excited to introduce a new series, Product in Practice, where I’ll profile productmanagers doing great work. To kick off the series, we interviewed Rachel Allen , Director of Product at Omnitracs.
Startup growth expert, Matt Lerner, talks about his million dollar lesson learned while characterizing consumers. By Tremis Skeete , for Product Coalition Product people know that their greatest value lies in how well they understand consumers. He realized he was asking the wrong questions about consumers.
Companies of all sizes across industries are looking to hire productmanagers. With this in mind, company culture, resources and the specific demands of different roles probably play a big part in your decision to take a productmanagement position at a company. ProductManagement at a Startup .
Outcome-Driven Innovation – for ProductManagers Watch on YouTube [link] TLDR Tony Ulwick, creator of Jobs-to-Be-Done, introduces Outcome-Driven Innovation (ODI), a revolutionary approach to productmanagement. He was part of the team that created the PCjr, a product that flopped badly.
The right way to interview customers. This discussion is about Voice of the Customer (VOC). When it comes to VOC experts, there are only a handful of people that match the experience of my guest today, helping hundreds of companies with VOC research and training many more practitioners. It was originally episode 071.
“We’re not competitor-obsessed, we’re customer-obsessed. We start with what the customer needs and we work backwards.” – Jeff Bezos, founder of Amazon. For productmanagers, the path to success—both on an individual level and for the company as a whole—depends on a deep understanding of their customers.
Todd Lombardo reminds us that as productmanagers we often make bad decisions. The key to minimising these, he says, is effective productresearch. Key points: All productmanagers make bad decisions. Todd explains that even the most experienced and effective productmanagers make bad decisions.
Want to advance your career in productmanagement or find top talent for your team? This article shares exciting productmanager roles focused on Product-Led Growth (PLG) and showcases standout candidates in the field. Recommended productmanager job openings in the PLG field Looking for a job in PLG companies?
How productmanagers can use AI to work more efficiently Watch on YouTube [link] TLDR AI is changing how we manageproducts and come up with new ideas, giving us new tools to work faster and be more creative. AI can help in many parts of making a product, from research to writing product plans and documents.
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