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key concepts all product managers must know(whatsapp fwd)

 These are key concepts all  product managers must know *Strategy* 1. Vision 2. Mission 3. Goals 4. Objectives 5. Roadmap 6. Prioritization 7. Alignment 8. Innovation 9. Competitive advantage 10. Market positioning *Product Development* 1. Agile 2. Lean 3. Scrum 4. Kanban 5. Waterfall 6. MVP (Minimum Viable Product) 7. Prototyping 8. Iteration 9. Testing 10. Launch *Market and Customer Focus* 1. Customer insights 2. Market research 3. Target audience 4. User personas 5. Customer journey mapping 6. Pain points 7. Gain points 8. Market segmentation 9. Competitive analysis 10. Trend analysis *Product Lifecycle* 1. Ideation 2. Development 3. Launch 4. Growth 5. Maturity 6. Decline 7. Renewal 8. Retirement 9. Sunsetting 10. End-of-life *Metrics and Analysis* 1. OKRs (Objectives and Key Results) 2. KPIs (Key Performance Indicators) 3. ROI (Return on Investment) 4. Customer acquisition cost (CAC) 5. Customer lifetime value (CLV) 6. Retention rate 7. Churn rate 8. Net Promoter Score (...
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Prod manager KPI( Copied from whatsapp)

 Here are some KPIs that product leaders track across various focus areas: # Customer-Focused KPIs 1. *Customer Satisfaction (CSAT)*: Measures customer happiness through surveys or feedback forms. 2. *Net Promoter Score (NPS)*: Gauges customer loyalty by asking one simple question: "How likely are you to recommend our product/service?" 3. *Customer Retention Rate*: Tracks the percentage of customers retained over a specific period. 4. *Customer Acquisition Cost (CAC)*: Measures the cost of acquiring a new customer. 5. *Customer Lifetime Value (CLV)*: Calculates the total value a customer brings to the business over their lifetime. # Revenue-Focused KPIs 1. *Revenue Growth Rate*: Measures the rate of revenue increase over time. 2. *Average Revenue Per User (ARPU)*: Calculates the average revenue generated per user. 3. *Conversion Rate*: Tracks the percentage of users who complete a desired action (e.g., make a purchase). 4. *Return on Investment (ROI)*: Measures the return on ...
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Useful links

 1. Interview Questions for a Fintech Product Manager (PM) 💡📈PML Interview Guide https://www.linkedin.com/pulse/interview-questions-fintech-product-manager-kpdpc?utm_source=share&utm_medium=member_android&utm_campaign=share_via 2.Many of you attended my session on storytelling last month at the Walmart event. I have been thinking of recording  it and put it on my channel. Were there any aspects you would want me to add on? Link to my channel  https://youtube.com/@product-talk-with-malthi?si=wOXC0CJiWiTnWaCS 3. 
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