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

Future trends of PLG management

PLG strategies are evolving in response to several future trends. The emphasis on personalization and a customer-centric strategy is one notable trend. By customizing onboarding, recommendations, and user journeys, businesses are delivering highly customized experiences that increase engagement and conversion.

The fusion of automation and artificial intelligence (AI) is another trend. Automation enabled by AI can speed up user onboarding, provide informed suggestions, and automate customer care, allowing businesses to grow their operations yet provide tailored experiences.

Virtual and augmented reality are emerging, and are influencing PLG strategies. Users may be able to perceive items, interact with virtual settings, and make wise purchase decisions by combining AR and VR technology.

Companies are implementing voice-activated interfaces into their PLG plans as they become more and more popular. Voice commands for product discovery, onboarding...