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

Analyzing experiment results and iterating on product features and marketing strategies

One of the key pillars of effective product management is the capacity to analyze experiment results and use them to inform the iteration of product features and marketing strategies. In this section, we delve into the intricacies of this process, exploring how data-driven insights can drive product improvement and customer satisfaction.

The power of experimentation

Before we dive into analyzing experiment results, it’s essential to underscore the significance of experimentation in modern product management. In a dynamic and competitive marketplace, relying solely on intuition or gut feeling is a risky proposition. This is where experimentation steps in as a crucial tool.

Experiments provide invaluable controlled environments to trial potential course corrections when metrics point to underperformance. We can test remedy hypotheses by rolling out variations of product experiences...