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Product professionals spend countless hours researching, prioritizing, and planning, all in the name of creating a successful product launch. And while they may know the problem space like the back of their hand, what we’ve heard time and time again when speaking with product folks is that no stakeholders involved have great visibility into what happens during a launch.
Metrics can be a minefield for the unwary - navigating your way to find the right metrics is one of the hardest parts of a product manager’s job. What do you need to know to make a go of it? Read more » The post Are you tracking the right product metrics? appeared first on Mind the Product.
As a product manager, do you sometimes feel like you’re living in a classic black-and-white movie, always facing uphill battles and seemingly insurmountable challenges? If that’s the case, we’ve got just the thing to brighten up your day. We’ve created six posters that draw inspiration from classic movies from the 1950s and 1960s to depict the pain points and challenges that product managers face.
When it comes to monetizing a SaaS product, choosing the right pricing model can be critical to the success of a business. With so many different pricing models available, it can be challenging to determine which one is the best fit for your product and audience. In this article, we’ll break down the most popular SaaS pricing models, including flat-rate pricing, per-user pricing, freemium pricing, usage-based pricing, and tiered pricing.
Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage
When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m
Do you sleep well at night? Or are you restless, and worried about your product’s health and success? If you join me in the latter category the reason may be related to trust and risk. Read more » The post Trust? In product management? appeared first on Mind the Product.
Are you looking to quickly and accurately track user sentiment and determine how happy your customers are with your product or service? First, there were the thumbs up/down buttons. Today, there are smiley face surveys. This article examines what a smiley face survey is, why it’s an excellent tool for collecting feedback and tracking customer satisfaction, and when/how to use them.
Are you looking to quickly and accurately track user sentiment and determine how happy your customers are with your product or service? First, there were the thumbs up/down buttons. Today, there are smiley face surveys. This article examines what a smiley face survey is, why it’s an excellent tool for collecting feedback and tracking customer satisfaction, and when/how to use them.
Is free shipping really a good idea? Image Credit: Mike Mozart As a product manager, our goal is to get more people to buy our products. This can be a challenging thing to make happen! If you happen to be selling your products online, both you and your customers are very aware that your advertised price is not what they’ll end up paying – they also have to pay shipping costs.
Qualitative feedback is essential when you’re building and maintaining an app that 1000s of users rely on. It’s the difference between having a functional & useful page, vs. buttons & features that are not working. No matter what you’re working on, or which industry you’re in, it’s important to understand the needs of your users, teams, and colleagues.
A common piece of guidance that product teams often get from agile coaches when it comes time to prioritization is that they should “prioritize by value”. Wherever I think of that guidance, I think back to a scene from Seinfeld. Just substitute “value” for “write off”: Jerry: You don’t even know what value is. Kramer: Do you? Jerry: No I don’t. Kramer: But they do… And they are the ones prioritizing by value.
Lessons for product managers from PDMA’s Outstanding Corporate Innovators Award Every year the Product Management and Development Association (PDMA) recognizes an organization with the Outstanding Corporate Innovators Award (OCI). Hershey, the chocolate maker, was the last winner, in 2022. The winners of the award can teach us valuable lessons about innovation.
Stand out in your product management interview with guidance from Priyanka Upadhyay, an experienced product leader and Stanford Online program coach. In this guide, Upadhay dives into five key competencies interviewers will likely want to assess. She provides sample questions with detailed answers spanning: Product strategy Product design Execution Market estimation Teamwork Confidently land the product management role you want by pre-empting what interviewers are looking for and demonstrating y
Working in the service of 19MM small businesses around the world both inspires and causes many a late night. Watch and learn more from product management expert, Don Ross.
Pretty much everyone in a tech-based role is asking: “What does ChatGPT mean for my career?”. In this month's column, Christine Itwraru adds her take to the conversation. Read more » The post Getting back to the core of a Product Manager in the face of AI appeared first on Mind the Product.
How to Leverage Data Science in Fintech for Maximum Impact Data science has been a game-changer in the financial industry, and fintech is one of the sectors that has successfully leveraged its power to create innovative solutions for consumers. Fintech companies use data science to enhance their products, improve marketing strategies, streamline operations, and manage risk.
Effective risk management in product development balances safety, compliance, and opportunity. Risks can't be eliminated, but they can be mitigated through structured assessments, clear documentation, and expert guidance. Engaging specialists ensures efficiency, regulatory adherence, and product security while reducing costly oversights. A well-executed risk management plan includes frequent evaluations, defined assessment criteria, and a structured decision-making process.
Market Intelligence Keep up with protests, riots, and strikes across the Web Tracking the ever-changing nature of protests can be a daunting task. Today, we are excited to release two new Feedly AI models: Protests and Violent Protests. They help security analysts track riots, strikes, and rallies that pose a risk to a company’s assets and employees.
Questions are powerful. Leading with questions help you get to the right answer, no matter what you build. Adam Mullett, Product Owner at IBM, shares five key questions you can use to build a better product and become a successful product owner in this ProductTank talk. Read more » The post 5 key practices to build a better product, Adam Mullett, ProductTank Perth appeared first on Mind the Product.
If you’re a dog or cat owner and your clothing and furniture are covered in pet hair, do you reach for the generic lint roller, or do you buy the “pet hair pick-up,” a product that’s basically a lint roller with your furry friends on the label? Most pet owners will choose the pet hair pick-up because it speaks to their specific needs.
Photo by DeepMind on Unsplash Machine learning is now showing impressive results in analyzing clinical data, sometimes even outperforming human clinicians. This is especially true in image interpretation, like radiology, pathology, and dermatology, thanks to convolutional neural networks and large data sets. But it’s not just images — diagnostic and predictive algorithms have also been built using other data sources like electronic health records and patient-generated data.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
This week on the podcast, we jump straight back into our conversation with Ben Foster. Tune in to hear what he had to say about war, peace, vision, strategy, and how to tie it all together in a perfect bun. Featured Links: Follow Ben on LinkedIn and Twitter | Prodify | Ben’s book ‘Build What Matters: Delivering Key Outcomes with Vision-Led Product Management’ | Ben’s ‘Product Read more » The post War and peace in product: Part 2 – Ben Foste
Trying to reduce churn but don’t know where to start with customer attrition analysis? Customer attrition takes place when customers leave your product or service. While it’s not possible for customer churn to be zero, you can always keep it at an acceptable level by adopting the right tactics. Attrition analysis allows you to leverage the right tools and strategies to improve user engagement and satisfaction.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
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4 participant recruiting methods, 10 user testing tools, dozens of fresh insights. Find out how much ROI you can get from popular UX research recruiting tools for different use cases.
A brief run through of the top five most-read product management posts published on Mind the Product in March 2023 Read more » The post Top product management reads in March appeared first on Mind the Product.
Optimizing the user onboarding flow is always a key SaaS business goal. That being said, it can be difficult to improve the user’s experience if you don’t follow the onboarding flow best practices that this guide will go over! TL;DR Segmenting your audience or customer base into smaller chunks — each with its own user persona — will make it easier to focus on their specific needs and provide a more personalized onboarding experience.
As your company grows and your product matures, so too should your product strategy. Drawing from their decades of experience as product leaders, Stanford Online instructors Donna Novitsky and Laura Marino share best practices for defining your product strategy at each stage of company growth. Get practical, real-world product strategy tips from experts who have lived through the same challenges you’re currently facing.
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