Product Management explained
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Transcript of Product Management explained
Product Thinking
The Recipe for delivering awesome products and creating value for its consumers.
The Conclusion BEHIND THE SESSION
Kic
k-s
tart
ing
…
Ho
w d
o w
e s
tart
?
1. Understand the domain - Research and research
2. Ask questions! - the worst question is the one that is
not asked.
3. The first step is all about understanding the problem
thoroughly, and not directly start selling a solution.
An
aly
se…
Th
e c
au
se
1. Why is this problem being faced in the current
world?
2. What is it whose absence in the world is causing this
problem
3. Why was this problem not solved so far?
So
luti
on
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Ide
nti
fy t
he
pri
ma
ry s
olu
tio
n
3 levels of solution
How to identify above three?
Step 1 - Understand & Appreciate Online/Mobile businesses
1. Read about it (blogs - Techcrunch, Pando Daily, Hacker News)
2. Experience it (sign up for all services/apps that you read, try it)
3. Keep following it (Spread the word about good products, keep
checking how they are moving ahead)
4. Make all of the above a lifestyle
How to identify above three?
Step 2 - Understand Influencers
1. Google (search alternatives like Duck Duck Go)
2. Social Media (Understand how businesses are using
social media to connect with consumers)
Tak
e t
he
le
ap
…
RE
ALI
ZIN
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HE
PLA
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Converting all features into benefits
1. Only change in thought process
2. Ability to roadmap a product
3. Tools for roadmapping
4. Experience is the king
Identify secondary solutions
1. One single solution - break it down into smaller
needs/requirements
2. Identify secondary solutions (which become
accessories and value ads - they are important
because they will be your differentiators)
3. Focal points of revenue generation - understanding
the status and direction of the business
Peripherals
Analytics
1. Understand Measurement techniques (GA, Flurry
etc.) [measuring is key]
2. Usage techniques
Hygiene
1. SEO Basics, Site map
Hit
tin
g h
om
e r
un
Sim
pli
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1. Impact of UI
2. Lean Approach, Build fast, Deploy Fast, Learn, Fix,
Redeploy
3. Understand usage of the appropriate & more
relevant technology rather than cutting edge.
4. Break the objectives into simplified pieces which
can be measured
Th
e a
cce
sso
rie
s
AC
HIE
VIN
G T
HE
RE
SU
LTS
1. Copy (grammar, sentence case, spellings etc.)
2. Cross links
3. Content (Take responsibility of content)
Objective: You need to be able to think about the larger
issues as well as the micro ones.
Admiring the forest and appreciating the
leaves
THANK YOU