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 significance of growth experimentation and user testing

In the high-stakes world of product-led growth, decisions can’t be based on intuitive guesses or “gut feelings” alone. The path to success is paved with empirical insights derived from rigorous, controlled experimentation. When implemented systematically, experimentation serves as a powerful engine for innovation and a catalyst for exponential growth.

But what exactly makes disciplined experimentation so invaluable for product teams? What concrete strategic benefits does it confer? Let’s explore the multifaceted value of embracing continuous controlled testing with a truly scientific mindset.

Reduced risk

Product innovation inherently carries risks. However, through small-scale experiments, teams can validate proposed changes and new features with a subset of users first before committing extensive development resources for a full-scale launch. This testing approach significantly mitigates...