Product Strategy
Product Strategy is a framework that outlines how a product will achieve its business goals and satisfy customer needs.
Product Strategy is a framework that outlines how a product will achieve its business goals and satisfy customer needs.
The financial performance of a product, measured by its ability to generate revenue and profit relative to its costs and expenses.
The speed at which users start using a new product, typically measured as a percentage of the target market over a specific period.
The risk that the product being developed will not deliver sufficient value to the users, meaning it won't meet their needs or solve their problems.
The risk that the product will not be financially or strategically sustainable for the business, potentially leading to a lack of support or profitability.
User-Centered Design (UCD) is an iterative design approach that focuses on understanding users' needs, preferences, and limitations throughout the design process.
Minimum Viable Feature (MVF) is the smallest possible version of a feature that delivers value to users and allows for meaningful feedback collection.
User Experience (UX) refers to the overall experience of a person using a product, system, or service, encompassing all aspects of the end-user's interaction.
A systematic evaluation of all features in a product to determine their usage, effectiveness, and alignment with business goals.