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He emphasizes that these activities vary based on context (large vs. small organizations, B2B vs. B2C, Agile vs. Waterfall). Waterfall) Product type (AI vs. non-AI products) Market focus (B2B vs. B2C) He emphasized that these contextual factors significantly impact a product manager’s role.
Key topic #3 B2B vs. B2C pricing strategies Explore what product managers in both sectors can learn from each other. Key Topics Discussed in This Episode Key topic #1 Why Pricing Needs a Seat at the Product Table Peter discusses how pricing decisions shape customer behavior and business outcomes. Why Listen to This Episode?
Example 1: A B2C tax software platform One company Teeba interviewed with was a B2C tax software platform. The revenue formula, business outcomes, and product outcomes Teeba mapped out for a B2C tax software platform. A Closer Look at Teeba’s Process for Defining Outcomes What exactly did Teeba do?
This guide covers how to: Grow your products, both B2B and B2C in regulated and unregulated industries Lead product strategy during early, scaleup, and mature stages of company growth Identify and overcome the biggest product challenges that come with scaling
Our case studies cover B2B scenarios, B2C scenarios, even complex B2B2B2C scenarios. It includes 12 real-world case studies where teams share in detail how they automated their recruiting process using one of these strategies. We include web and mobile scenarios.
I get a lot of questions about B2B (business to business) vs. B2C (business to consumer) products. Spoiler alert: I don’t actually believe that B2B and B2C are all that different, especially when it comes to discovery. It’s funny—in our industry, we tend to think about B2B as radically different from B2C. Tweet This.
Identifying user needs, or customer needs in the B2C environment, is currently a weakness of mine and a skill that is a hallmark of both B2B and B2C product managers. I found, coming from an agency project management background, my strengths lie in prioritization and advocating for the client and user on a scrum team.
11 Retently for both B2C and B2B companies with predictive survey analytics Retently survey builder. Retently is a survey platform designed for both B2B and B2C businesses (SaaS, ecommerce, agencies, insurance, etc.). A free plan with limited features is available, and a free trial to explore premium features before committing. #11
Speaker: Michael McMillan - Customer Experience Expert, TEDx Speaker, and Author
In this webinar, Michael McMillan, a CX expert with extensive experience in both B2B and B2C markets, will help you transform your customer journey and elevate company outcomes by evaluating key aspects of your CX strategy. Whether via chat bot, email, or social media, every customer should have the same opportunity to resolve their queries.
B2B type of business will focus on different KPIs than B2C type of business. When it comes to measure the success of the product or even product managers, service companies have different criteria from product company.
As B2B companies build their PLG strategies, they can take lessons from how B2C companies have succeeded. In Pendo’s PLG Teardown web series, the panel of experts take a deep dive into how the app Duolingo has scaled growth so well and why it continues to delight users. Here's what they learned.
Marvin Mathew is a New York based Product Manager with experiences across B2B & B2C–FinTech, SaaS and HealthTech. We should all aim to make decisions that make sense for the customer, business and goals. About Marvin Mathew. He is a Product Manager at Mastercard. .
Many of the techniques from B2C don’t work in B2B at all. [18:41] Many of the techniques from B2C don’t work in B2B at all. [18:41] That’s the opposite of transparency and creates a lot of problems in defending your value. 18:41] What are the factors involved in pricing?
We sell B2C and currently offer the app for a range of property and casualty (P&C) insurance. [7:33] We sell B2C and currently offer the app for a range of property and casualty (P&C) insurance. [7:33] We’ve built an app where people can buy and manage their coverage and make claims.
Even for B2C software, when we buy products, we’re investing in a company and a vision. Even for B2C software, when we buy products, we’re investing in a company and a vision. See if you can redesign the product to make it easier for them. [20:16] 20:16] What are your suggestions for structuring and using roadmaps?
Although the buy cycle for a B2C customer varies vastly from a B2B customer, they both have one key thing in common: What people say and feel about you carries more weight than any awesome marketing campaign you put in place. Customer acquisition. How do people discover your brand? What does the buying journey look like?
In my new PM role at a large B2C, I felt lost. I served teachers, students, and administrators, each group with specific product needs and goals. When I built a new feature, I knew exactly who would benefit from it and knew who to call for feedback. But that was my old job in edtech.
If you work on a B2C product , your customers are the people who buy and use your product. When continuous interviewing: Your customer is whoever uses your product or service or is making the purchase decision. Your outcome will determine who you’ll want to talk to. Tweet This Let’s look at a few common scenarios.
She works to bring ideas to life by building innovative products in the B2B2C and B2C world that positively influence people’s behavior on a societal scale. Once we have solved the first set of needs, we do not just stop there: this process is repeated at every stage of the product. Make It Right! About Surbhi Gupta.
This is where B2B and B2C product management completely diverge. As you’re considering new products and enhancements to existing products, the first value test should always be quantifiable impact on the job performance of the users, and the subsequent value to their organization. Tier 2: Department Value.
No matter whether youre designing B2C or B2B products, management will likely have one of the following priorities: Increase revenue, Decrease costs, Increase new business (i.e., streamline conversion in a new product), Increase existing business (i.e, improve retention in existing product), Increase shareholder value.
Do you have a combination of B2B people, B2C people, and marketplace people? When I read that article, I was working at a company delivering a B2C product. ” There’s certainly demographic diversity, but there’s also just diversity of thought and diversity of experience.
For another example, let’s imagine a product team working on a B2C subscription product. That new or different human behavior becomes the product outcome that focuses the work of a product team. The executives’ desired business outcome is “Reduce churn/Increase retention.”
According to the Harvard Business Review , for a B2C business, the cost of a self-service transaction can be measured in pennies, while the average cost of a live service interaction (phone, email or web chat) totals more than $7. Today’s customers overwhelmingly prefer self-service.
In B2C contexts, you can almost always spend less money on an incentive with more perceived value than cash. This means that the incentives you offer in a B2C context likely won’t work in a B2B context. I recommend you try recruiting without an incentive and only use one if it’s needed.
In a B2C world, the incentive is usually cash or a gift card. It does require having at least an initial understanding of those pain points. So earlier in the process when you don’t know that, you might need to offer an incentive. In a B2B world, that is rarely going to work.
During Ellen’s eight years at Orion Labs, she’s seen a lot of change, both in terms of the company’s evolution from B2C to B2B as well as in her own understanding and adoption of continuous discovery practices. A utility worker uses the Orion app on his phone to communicate with his colleagues.
B2C companies can get their ROAR up to 10-20%, since many of their questions are far more transactional in nature and thus are more easily resolved by automation. While a 4% ROAR might sound low, it’s actually a pretty huge number for us, as you might guess from those annual cost savings.
B2B Product Managers with no B2C experience. Candidates short profile Artem has 9 years of experience in product management and product marketing, specializing in B2C web and mobile applications. PMs who understand ad experience – how to run it to make it effective. Who would be a BAD fit for this job?
. “One of the most important and effective approaches is to try to decorate the feed and the lives of the consumers instead of interrupt it” Dee: You have so much experience, Alex, of working with B2C brands. You’re an ambassador for Dropbox among many, many other things.
Understand their pain-points Most times what customers want is to Take less time to do something Spend less money to achieve something Make more money by doing something In the case of B2C could gain more knowledge or be rewarded. The pain-point they have typically translates to one of those things mentioned above.
B2B versus B2C). Wide-appeal B2C launches such as newsletters or productivity tools can result in upward of 3,000 signups. Finally, B2C products often see more signups than B2B products, thanks to a broader target market. And as Rajiv shared with me, “Founders often launch too late. Another prominent example is Air.
Whether B2C or B2B, all businesses must now deliver digital experiences that are easy to use, delightful, and personal. While this shift was already underway, the rate of digital transformation is now happening much faster than previously predicted due to the impact of the COVID-19 pandemic.
While Orion had started with a B2C focus, they got a lot of inbound interest in the B2B space. They were hoping to get a general sense of whether they had more consumer or business users. In order to gather more data, one of Ellen’s coworkers set up a quick survey question pop-up in the mobile app.
David Krell is the VP of Product at Going (formerly known as Scott’s Cheap Flights), a B2C SaaS company that helps members save between 40–90% off airfare. We’ll dig into the tools in a moment, but first, let’s get to know David and Trevor.
Kelsey Terry is the former Director of Product at Going , a B2C SaaS company that helps members save between 40–90% off airfare. Meet the Continuous Discovery Champion, Kelsey Terry, Former Director of Product at Going Meet the continuous discovery champion, Kelsey Terry, former Director of Product at Going.
My experience was quite varied, so I played around with lots of different combinations (and validated them with my peers) and ultimately landed on these bolded/starred options as a starting point for my firstsprint: Industry Creative eCommerce Fintech Gaming Government Healthcare* Non-profit Productivity Social media Company Size Preferences based (..)
He led pricing strategy while at Uber (B2C) and then at Templafy (B2B SaaS), and has advised more than 20 fast-growing tech startups (seed to Series D) on monetization strategy, creating better packaging, cutting back on discounts, and building stronger ROI and business cases.
If you are in B2C it’s usually different personas. If you are in B2B, the profile is most likely a market segment (company sizes, industries, etc.). The description of the profile is important because you want to create a common understanding of what you mean.
Not satisfied at all Not satisfied Somewhat satisfied Satisfied Very satisfied Extremely satisfied Survey Sample Size and Conditions: B2B: 120–180 clients B2C: Around 600 for a single product; 1200 for a portfolio Survey Duration: Approximately 20 minutes, with participant compensation recommended.
Other tools, catering to B2C or e-commerce businesses, allow you to segment only individual users. Pendo, the only other DAP that offers autocapture, doesn’t provide pricing information on their websites, but it’s a well-known fact that it’s an expensive tool.
For B2C, TikTok and Instagram creators often drive the most impact. This is why app marketers do influencer marketing all the time, and heres how you can do it: Identify the right influencers. For B2B apps, LinkedIn influencers and YouTube thought leaders might work best. Offer commission-based incentives.
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