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Which Industry Is Right for You: What Product Managers Need To Know

The Product Coalition

For the sake of long-term career growth, does a given industry matter if it comes down to how much the individual enjoys their area? After all, their industry (in their eyes) is “cool.” Your job fulfillment and satisfaction is built on numerous factors, but being part of your dream industry can definitely count as one.

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The Most Disruptive Trends in Automotive Software Development in 2019

The Product Coalition

Digital transformation processes are happening across all industries and the automotive sector isn’t an exception. The last year was challenging for automotive sales, showing no increase in sold units at all, according to Statista. Automotive companies managed to keep their customers satisfied through enhancing their services.

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Average Customer Retention Rate By Industry & How to Improve Your SaaS Retention Rate

Userpilot

Understanding the average customer retention rate for your industry is critical to determining the health of your business. However, the average customer retention rate by industry varies wildly. Customer retention rates by industry Of course, the ideal retention rate is 100%. But this number is hardly attainable.

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If I Were Building a Product Marketing Organization From the Ground Up

Product Management University

Vertical or Horizontal Market Focus My product marketing organization would also have some portion fully dedicated to the vertical industries that drive 80% of our revenue. The top layer of your message needs to speak to those specific industry dynamics accordingly to best engage your buyers. In a word, RELEVANCE!

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Become a Product Visionary with Alternative Futures Analysis

The Product Coalition

Blockbuster failed to see (or ignored) the forces shaping its industry and was overtaken by a more innovative challenger (Netflix). The upstart positioned itself to capitalize off of these forces, while Blockbuster ignored them at its peril. Generally speaking, it’s good practice to base your selection on explicit decision criteria.

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What is the Average Product Lead Salary?

The Product HQ

Relevant industry knowledge also affects salary rates. By contrast, salaries for entry-level positions offer an average salary of $82,100 per year. Mid-level positions offer an average salary of $87,700. Different Industries Product leads are crucial across a wide range of industries.

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6 Ways Your Business can Benefit from Negative Reviews

Alchemer Mobile

Now that we’ve established that you won’t be able to save yourself from negative feedback (nor should you try to do so), it’s important to mention that you can always balance the scales with positive reviews. You can solicit positive reviews from people who love your app and intercept (and stop) negative feedback from unhappy customers.