Book Image

Growth Product Manager's Handbook

By : Eve Chen
Book Image

Growth Product Manager's Handbook

By: Eve Chen

Overview of this book

In the dynamic landscape of modern product management, professionals face a myriad of challenges, spanning customer acquisition, monetization, user retention, competition, and technical expertise. To overcome these hurdles, this book crystalizes growth strategies that revolve around harnessing the power of data, experimentation, and user insights to drive growth for a product. This handbook serves as your guide to exploring the essential growth product management models and their applications in various contexts, unveiling their role in enhancing revenue performance and customer retention. Along the way, actionable steps will steer you in implementing these models while helping you better understand your users, experiment with new features and marketing strategies, and measure the impact of your efforts, ultimately guiding you to achieve your customer retention and lifetime customer goals. By the end of this book, you’ll have gained advanced insights into growth product management, models, and growth strategies, and when and how to use them to achieve customer-for-life goals and optimized revenue performance.
Table of Contents (19 chapters)
1
Part 1: A User-Centric Management Strategy
5
Part 2: Demonstrating Your Product’s Value
9
Part 3: A Successful Product-Focused Strategy
13
Part 4: Winning the Battle and the War

The Science of Growth Experimentation and Testing for Product-Led Success

Growth experimentation and testing have become a cornerstone of successful product-led growth in the fast-paced digital landscape. With consumers overwhelmed by a multitude of solutions, building a product alone is insufficient. To stand out, growth product managers must deeply understand users and iteratively optimize experiences through rigorous experimentation.

Growth testing provides the fuel for data-driven product refinements. By formulating hypotheses, running controlled experiments, and analyzing results, teams gain invaluable insights into user behavior. These learnings empower product managers to make informed decisions about improving funnels, evolving messaging, adding features, and more.

Without a focus on experimentation, product changes risk being guesses rather than informed bets. Teams that fail to systematically test and validate product-market fit will inevitably lose out to competitors...