Sat.Sep 16, 2023 - Fri.Sep 22, 2023

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The experience IS the product

Mind the Product

What if you cannot touch or feel your product? What if your product is more than a product? What if your product is the experience itself? Let’s start with a step back and review the age-old definition of Product. In its essence, a product can be defined as a tangible or intangible item or entity Read more » The post The experience IS the product appeared first on Mind the Product.

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How to Benefit From Big Data Analytics: 7 Real-World Examples

The Product Coalition

90% of the world’s data has been created in the past 2 years, and businesses spend more than $180 billion annually on big data analytics. Since our first ancestors began writing on parchment, data has been an integral part of the human experience. From monitoring the complex movements of the planets to more fundamental tasks such as bookkeeping, data has shaped our evolution.

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What is Optional Product Pricing?

Userpilot

Optional product pricing can help SaaS companies earn more money while charging less for their otherwise premium product. Want to know how this seemingly paradoxical model works and the benefits it can have on your product-led growth ? Read on to learn all that and more! TL;DR Optional product pricing is a strategy where you sell your core product at a low cost and then encourage consumers to buy more accessories, features, or complementary products.

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Streaming Product Managers Look For Ways To Keep Their Customers

The Accidental Product Manager

Getting customers is hard, keeping them is even harder Image Credit: Stock Catalog There’s no question that streaming services are very hot right now. No matter if you are talking about Netflix, Hulu, Disney+, Amazon Prime, or any one of a number of other services, people seem to be signing up for these new services in droves. Sure would be good to be a product manager for one of them.

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Platform Product Management Beyond Features: Introducing B-MAP for Platform Ecosystem Success

Traditional PM struggles with the complexities of platform ecosystems. B-MAP framework tackles this challenge. B-MAP goes beyond features, focusing on building, managing, adapting, and partnering to foster a thriving platform ecosystem.

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Why Product Management Matters

Sequent Learning

In the business climate of the twenty-first century, companies must hone their operations to become more strategic, agile competitors. The best approach to achieving this goal is through enhanced utilization of the function of product management. If you asked 20 people to define ‘product management’ , you’d probably get 20 different answers.

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What Is Systems Engineering & Why Product Managers Need To Care

Gocious Blog

In today's technology-driven world, the products we use every day are an increasingly complex mix of software and hardware components. Developing these modern products requires multiple resources, including personnel and components, to build them; systems engineering is the process that brings these different resources together to create a finished product.

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3 Reasons to Pay Attention to Retention

Amplitude

Learn why and how measuring user retention across all lifecycle stages is essential to sustainable growth.

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Deep dive: How to make product discovery a habit

Mind the Product

Inspired by Teresa Torres' 'Continuous Discovery Habits' (2021), Martin Lehner and Doerthe Ramin delve into the art of building lasting habits within organizations and among product leaders. Read more » The post Deep dive: How to make product discovery a habit appeared first on Mind the Product.

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Have the Product Data

The Product Guy

Often the hardest lesson in product management can be to have the data. Watch and learn more from product management expert, Meghan Nesta.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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A Guide for Stepping Into Leadership

The Product Coalition

Congratulations on your new leadership position! Assuming a new leadership role is a significant challenge, whether you’ve transitioned within your current organization or stepped into an entirely new one .Each time I stepped into a leadership role was exhilarating and demanding. Sometimes, frightening. Here’s how you can make a difference from day one: Start with Listening and Asking: The initial phase is all about learning (I would go further and say that it is always all about learning).

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He helped shape WallStreetBets. Now Kevin Xu is betting on his own social app.

Mixpanel

They say write what you know. Why wouldn’t the same go for building apps? Kevin Xu is an engineer-turned-product manager with experience at big tech companies like Google and Stripe. But if you happen to be a “very online” retail stock trader, you may know him as Sir Jack , one of the WallStreetBets community’s more notorious and successful meme stock investors.

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Storytelling: Don’t Convince; Inspire by Petra Wille

Mind the Product

In this ProductTank Perth Talk, Petra Wille, Founder of Product at Heart, highlights the importance of storytelling and actionable strategies you can implement to present stories in a way that keeps your audience enthralled and involved. Read more » The post Storytelling: Don’t Convince; Inspire by Petra Wille appeared first on Mind the Product.

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455: Stop making these mistakes when trying to get your next product job – with Erika Klics

Product Innovation Educators

How to stand out as an applicant for a product management position We are talking with Erika Klics. Erika is a former Head of Talent for tech companies who became a Job Search Strategist for startup and scaleup Directors, VPs, and department Heads for Product Management and other functions in tech. She sent me an email message that got my attention, and I’d like to read part of it.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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The Power of Encouragement in Product Teams

The Product Coalition

As I spent time reflecting on teams I have led and have been a part of as well as what made those teams great or mediocre, a thought popped into my mind. Beyond the basics that make for a good team, what really set ‘the best’ apart? I went through my mental list of characteristics and one interestingly floated to the top — encouragement. Teams that encouraged each other tended to be more successful, at least in my experience.

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How to Connect the Dots in Product Discovery

ProductBoard

Delivering new features is often costly and time-consuming, and if you’ve made a false assumption about what your users actually need or want, then you’ll have sunk a bunch of resources into a feature that’ll go underutilized. That’s where product discovery comes in as a way to understand your customer’s underlying needs, research, and validate your ideas before starting product delivery.

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The key to OKRs: London highlights

Mind the Product

A look at some of the key lessons that we’ve learned about OKRs from the #mtpcon stage over the years Read more » The post The key to OKRs: London highlights appeared first on Mind the Product.

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Modus Create Welcomes Mike Dobbs as Vice President of Sales

Modus Create

We’re excited to announce a new team member who will continue to grow the exceptional service Modus Create provides our clients. Mike Dobbs has joined the growth team as Vice President of Sales. In his new role, Mike will lead Modus’ sales efforts and work closely with the executive team to accelerate the company’s growth. Mike’s extensive expertise in sales leadership and digital transformation will further bolster our client service organization.

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IDC Analyst Report: The Open Source Blind Spot Putting Businesses at Risk

In a recent study, IDC found that 64% of organizations said they were already using open source in software development with a further 25% planning to in the next year. Most organizations are unaware of just how much open-source code is used and underestimate their dependency on it. As enterprises grow the use of open-source software, they face a new challenge: understanding the scope of open-source software that's being used throughout the organization and the corresponding exposure.

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How to Build a Churn Prediction Model to Predict Customer Churn

Userpilot

As your business grows and your focus shifts from acquiring new customers to retaining existing ones, churn prediction becomes an invaluable tool in your toolkit. Accurate churn prediction models help you improve the customer experience and prevent voluntary customer departures. The result is a decline in the churn rate and an increase in customer retention.

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How to Organize Customer Feedback

ProductBoard

Businesses in every geo and industry need a viable way to surface meaningful, actionable customer feedback across multiple products and services. It’s key to staying relevant, driving loyalty, and improving every customer’s lifetime value. But drawing out deeper product insights and accelerating time-to-market requires an organized, systematic strategy for managing user feedback.

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Four exceptional speakers to look forward to at #mtpcon London

Mind the Product

There is only a month until our flagship event, #mtpcon London, and the lineup is starting to look exciting! Here are four amazing speakers who will be taking to the #mtpcon main stage on 20 October. Read more » The post Four exceptional speakers to look forward to at #mtpcon London appeared first on Mind the Product.

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Bounce Rate: How to Calculate & What's a Good Average

Amplitude

Learn all about an important website metric: bounce rates. What is a bounce rate? What's a good average bounce rate? How might you improve yours? Learn more here!

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A Comprehensive Checklist to Revamp Your Website & Increase Profitability

Unlock the power of a well-designed website with our eBook, 'Comprehensive Checklist: A Guide to Website Redesign.' Crafted by Brucira and ruttl founders, it's your ally in reshaping your digital presence. Welcome to a transformative journey!

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What is a Cost-Plus Pricing Method? Pros, Cons & When to Use It

Userpilot

Working out pricing for a SaaS can be difficult, so consider using a cost-plus pricing method. It’s an easy method that can be quick to implement to improve product growth , but it does come with certain disadvantages. TL;DR Cost-plus pricing, or markup pricing, is where you add a set to a product’s unit cost, often overlooking competitive market prices.

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How to Write Effective OKRs

ProductPlan

Since its humble beginnings in the 1970s, objectives and key results (OKRs) have emerged as a relatively universal goal-setting framework used by individuals, teams, and organizations of all sizes. On the surface, OKRs appear simple. However, truly mastering the art of creating OKRs that drive impactful outcomes remains challenging for many organizations.

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Rerun: Lessons from building the UK’s test and trace app – Randeep Sidhu on The Product Experience

Mind the Product

Featured Links: Follow Randeep on LinkedIn | NHS COVID-19 app | Gov.UK NHS Covid-19 App Privacy Notice | Understanding the Impact of Covid-19 on BAME Groups NHS Data Report #mtpcon London 2023 is set to be an inspiring event. The speaker line-up is shaping up nicely and tickets are selling fast. Join us for our smash-hit conference on 20 October.

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Navigating Startup Fundraising: From Product-Market Fit to Compelling Pitch Deck

Amplitude

Identify the market-validation metrics that help you tell a compelling fundraising story. Use them to craft an impactful pitch deck.

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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionizing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs. Putting the right LLMOps process in place today will pay dividends tomorrow, enabling you to leverage the part of AI that constitutes your IP – your data – to build a defensible AI strategy fo

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Why Your View on Technical Debt Is Wrong?

The Product Coalition

Technical Debt is just the tip of the iceberg. Why is it crucial to get it right?

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Put your "MVP" on the box, before building what goes inside

Haines-Group

Before the Product MVP (Minimally Viable Product) is specified, we need to establish another kind of “MVP”. Here the acronym stands for: M essaging, V alue-proposition, and P ositioning Think of it as the “Marketing MVP” These “MVP” elements are foundational to strategy and absolutely critical to the product’s ultimate commercial success. Without knowing the Positioning you want your product to take, its Value-proposition to customers, and how you will Message these things, you don’t have a path

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Shubhansha Agrawal: From engineering to product

Mind the Product

In this product profile, we speak product leader, Shubhansha Agrawal about transitioning from a career in engineering into product. Read more » The post Shubhansha Agrawal: From engineering to product appeared first on Mind the Product.