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 (...