Daily Learnings... • 5m
MARKET ANALYSIS Market Analysis is the process of determining the attractiveness of a market, i.e., whether it is worth investing in the current market scenario both now and in the future. Organizations analyze the market before launching a product to evaluate future opportunities and threats. 1] Identifying market needs is a fundamental task for a Product Manager during market analysis. A market need is what motivates a consumer to buy a product or service. This task includes studying the market, understanding customer behavior, and keeping an eye on current market trends. 2] Data obtained through these processes is used to identify the gaps in the market, pain points the customers face, etc. Customer feedback, surveys, and competitor analysis are some of the methods that help identify these needs. 3] Competitive Landscape (CL) involves identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your product or service. It also includes collecting and reviewing competitor products (features, functionality, pricing structure, etc.)
Daily Learnings... • 5m
What is Product Management? Product Management is not a specific role; it has different definitions depending on the organization. A product manager doesn't manage anyone but coordinates various departments. The product manager ensures the product's
See MoreDirector & CEO @ Exc... • 10d
Ready to Unlock New Revenue Streams? Your Market is Bigger Than You Think! 🗺️ You've found success in your current market. But for a revenue-generating startup, stagnation is not an option. The next phase of growth often lies in identifying and pen
See MoreDirector & CEO @ Exc... • 2d
Ready to Unlock New Revenue Streams? Your Market is Bigger Than You Think! You've found success in your current market. But for a revenue-generating startup, stagnation is not an option. The next phase of growth often lies in identifying and penetr
See MoreHey I am on Medial • 11m
Hi Team, Asking out openly from my heart, what it takes to become a successful product marketer? Looking for a switch from brand marketing to product. Any insights/ referrals or leads would be appreciated. I have 3 Yoe in marketing these are the skil
See MoreSerial Entrepreneur ... • 3m
Whenever any Investor evaluates a startup then they focus on these criteria.. 1. A team with relevant experience is super important- their past working experience, educational qualifications, etc. 2. Next is the market opportunity- how big is your
See MoreFonder @Altravex.ai ... • 4m
🚀 I am curious about what drives your SaaS product development! 🌟 What aspect of building a SaaS product do you find most challenging? 1. Identifying the target market 2. Developing scalable architecture 3. Ensuring data security and compliance 4.
See MoreDownload the medial app to read full posts, comements and news.