Sat.Jun 03, 2023 - Fri.Jun 09, 2023

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5 Metrics Every Product Manager Should Know

ProductPlan

Product metrics , sometimes called key performance indicators , are quantifiable data points that an organization tracks and analyzes to gauge a product’s success. They measure everything from user behavior to market performance. It’s important to note that not all product metrics are created equal. In fact, some are more valuable than others.

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How to Create a Product Vision That Energizes Stakeholders

Product Management University

Most product managers know how to create a product vision, but that’s not the hard part. The more difficult part is getting stakeholders energized and on board the proverbial train. Here’s the thing. The extent to which stakeholders get behind your product vision has everything to do with how the product vision is articulated. What is a Product Vision?

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How Will Developments in AI Impact UXR? Researchers Weigh In

dscout People Nerds

New tools like ChatGPT will inevitably have an impact on user research. But what that will look like is up for debate.

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Tips and Tricks from Product Makers: How to Design More Resilient Products

ProductBoard

For product people, it’s always easy to design for happy users. But if you let that dominate your work, you run the risk of your products not being ready when things go wrong (and believe us, they will go wrong eventually). Jess McMullin, a human-centered management consultant and the founder of Situ Strategy, spoke at a Product Makers community event on how to design resilient products that can.

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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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How to deal with cognitive bias in Product – Part 1

Mind the Product

In the first of a two-part series, Mind the Product's Principal Strategist Christine Itwaru examines different forms of cognitive bias and looks at what product managers can do to combat them Read more » The post How to deal with cognitive bias in Product – Part 1 appeared first on Mind the Product.

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Product in Practice: One Product Manager’s Quest to Adopt Continuous Discovery at Her Company

Product Talk

Adopting continuous discovery can feel like a big, audacious goal. If you’ve never spoken with a customer, how will you be able to set up interviews every single week? If you don’t currently work in a product trio at all, how will you be able to work and make decisions cross-functionally on a regular basis? If you’ve never used an opportunity solution tree before, how will you incorporate this tool into your daily workflow?

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How AI Can Enhance Your Experimentation Roadmap

AB Tasty

Artificial intelligence has been a recurring theme for decades. However, it’s no longer science fiction – it’s a reality. Since OpenAI launched its own form of generative AI, ChatGPT, in November 2022, the world has yet to stop talking about its striking capabilities.

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Demystifying the True Expenses of Building a Digital Product

Emerge Insights

At a recent industry conference, I had a conversation with the owner of a thriving HR consulting firm. Like many leaders in her field, she was frustrated by the disparate array of tools available for HR and payroll management, which is spread across employee benefits management tools, performance tracking systems, payroll providers, etc. This dissatisfaction […] The post Demystifying the True Expenses of Building a Digital Product appeared first on EMERGE | Digital Product Agency.

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How Long Should You Run an A/B Test?

AB Tasty

How long should an A/B test run before you can draw conclusions from it? At what point can you end a test that appears to be yielding results?

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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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Self-discovery and landing a product management internship

Mind the Product

Phani Sai Ram Munipalli left his job as an Software Engineer and is currently pursuing his Masters in Software Engineering in Silicon Valley. In this guest post, he shares his story on how to make better decisions on becoming a product manager. Read more » The post Self-discovery and landing a product management internship appeared first on Mind the Product.

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Customer Success, Jobs To Be Done (JTBD) and Quantifying Customer Value

Product Management University

Quantifying customer value can turn the “what have you done for me lately ” question into a productive conversation that results in higher renewal rates and higher sales of add-on products/services. If you’re a customer success manager, it’s a familiar scenario. The time for renewal is fast approaching on one or more accounts. That dreaded question is right around the corner.

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All Supported Mobile SDKs and Plug-ins Updated to 6.0 

Alchemer Mobile

Custom data management plus Mobile SDKs plug-ins updated By Mel Fox, Product Manager for Alchemer Mobile, and Vanessa Bagnato, Director of Product Marketing at Alchemer In May, we released updates to the Alchemer Mobile SDKs and Dashboard, including the management of custom data so you can target audiences more precisely; and SDKs for supported development frameworks.

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Journey to Success: The Seven Pivotal Purposes of Product Roadmaps

The Product Coalition

“The reason I’ve been able to be so financially successful is my focus has never, ever for one minute been money. The key is not to worry about being successful, but to instead work toward being significant — and the success will naturally follow. If you do things that are purposeful, you’ll eventually be successful.” — Howard Schultz Several years ago, I found myself in a heated discussion about product roadmaps with a client.

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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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How to redefine personalisation for your users

Mind the Product

Trouble is brewing in product personalisation, and it starts with user feedback. Shaan Bassi, Cofounder & CEO of product analytics platform Kouo discusses the state of user personalisation and provides a solution to unlock the potential of personalisation. Read more » The post How to redefine personalisation for your users appeared first on Mind the Product.

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439: Differences and similarities between product and project management – with Peter Monkhouse

Product Innovation Educators

Understanding the roles of product managers, project managers, and product owners Today we are talking about a frequently asked question, which is how are product and project management related. We’ll discuss the differences and similarities between the two. Joining us is Peter Monkhouse. He is a product owner and entrepreneur, with NewGenP being his latest company.

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Event Data for SaaS: A Complete Guide with Examples

Userpilot

Do you want to leverage event data to make data-driven decisions to enhance user experience? Event data allows you to understand your users’ behaviors and needs on a deeper level. It encompasses a wealth of data like user actions, feature usage, and beyond. As a result, you get the key that opens the door to a treasure of product growth insights for your SaaS business.

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3 Ways To Educate the Market That Actually Work

The Product Coalition

Everyone knows educating the market is hard to nearly impossible, but people always bring up examples like Facebook or the iPhone whenever I discuss it in my lectures. So what can and cannot work when you want to educate the market? It’s all about what you want to educate them on. Photo by Oleg Magni from Pexels Educating the market has a bad reputation, and rightfully so.

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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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Once upon a product: How storytelling techniques can help your product shine

Mind the Product

In this post, Mohammad Vaghef runs through some storytelling techniques that can be used to make products more memorable and engaging Read more » The post Once upon a product: How storytelling techniques can help your product shine appeared first on Mind the Product.

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Marketing to Black Audiences is Product Management

Feedback Loop

Pepper Miller, President of the Hunter-Miller Group, highlights how impactful it is for executives to understand their audiences' differences.

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PMF Survey Template: What Is It and How to Create One?

Userpilot

What is a product-market fit survey ? How do you use a PMF survey template to build one? What’s a good PMF score? If you’re after the answers to these questions, you’re in the right place because that’s exactly what we explore in this article. Let’s get right to it! TL;DR The product-market fit (PMF) survey helps a business measure if its product meets market demand and if it’s good enough that users are ready to pay for it.

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How to Write Useful Epics

The Product Coalition

Many product managers and their teams use epics as a category or container to collect user stories in the hopes of organizing their… Continue reading on Product Coalition »

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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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Getting started with dynamic product pricing – Vishal Kapoor on The Product Experience

Mind the Product

How can the pricing of a product be affected by supply and demand? In this weeks' podcast, we spoke with Vishal Kapoor, Senior Director of Product at Shipt, he discussed the process behind dynamic product pricing strategy, when it's right to introduce this method, and explains the lessons he has learned along the way. Read more » The post Getting started with dynamic product pricing – Vishal Kapoor on The Product Experience appeared first on Mind the Product.

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Unlocking Innovation in Japan: 3 Barriers and How to Overcome Them

freshtrax

During a past business trip to Japan, I had the opportunity to reflect on the factors that make it challenging for innovation to thrive in the country. Over two weeks, which was longer than my usual visits, I engaged in client meetings, media interviews, interactions with my company’s Japan office staff, social gatherings with friends, and participation in various events.

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Feature Feedback Survey Template: Examples and Questions to Ask

Userpilot

A feature feedback survey template makes the feedback process easier. It will help generate quality feedback and enhance your product experience without your product team having to second-guess what they’re doing. In this article, we’ll show you several feature feedback templates to use and questions to ask. TL;DR A feature survey is a method of collecting user feedback about existing or upcoming features of your product.

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Archetypes of Product Creators

The Product Coalition

Unpacking the different types of product development professionals Continue reading on Product Coalition »

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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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SUNDAY REWIND: Predictive tech and data ethics: Part 1 – the pros and cons

Mind the Product

An examination of the risks associated with predictive tech, and potential routes forward for product people as they consider how to deal with the ethical issues associated with designing products. Read more » The post SUNDAY REWIND: Predictive tech and data ethics: Part 1 – the pros and cons appeared first on Mind the Product.

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How to Sync Your Software and Hardware Roadmaps for Success

Gocious Blog

As increasing amounts of software are being integrated into hardware products, companies must do away with the traditional stage-gate methodology of planning, approving, and testing products and employ agile or hybrid systems instead. When such systems are in place, it is easier to align software and hardware roadmaps and follow a process that promotes success.

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Funnel Charts for SaaS: The Complete Guide

Userpilot

What are funnel charts and how to use them to gain insights into user progress along their journeys? These are the main questions we discuss in the article. We also look at situations when funnel charts are most suitable, their limitations, and alternative ways of visualizing data. Let’s get right to it. TL;DR A funnel chart is a visual representation of data at different stages of a process, like the sales or onboarding process.