-
Retention Metrics — What do you need to know?
Retention metrics are a critical aspect of understanding user behavior and sustaining business growth. They provide insights into how well your product or service retains its users over time, which is a key indicator of customer satisfaction and loyalty. Here’s a deep dive into why retention metrics matter and how to leverage them effectively. Why…
-
Product Vision — A Quick Guide
A Product Vision is the cornerstone of successful product development. It defines the long-term purpose of a product, acting as a guiding star for teams and stakeholders. More than just a statement, it’s a narrative that answers the “why” behind your product’s existence. What Is Product Vision? At its core, a product vision describes the…
-
MoSCoW Method: A Simple Framework for Prioritization
The MoSCoW Method is a widely-used prioritization framework in product management. It helps teams determine which tasks, features, or requirements to focus on by categorizing them into four priority levels: Must Have, Should Have, Could Have, and Won’t Have. Breaking Down the MoSCoW Categories Why Use the MoSCoW Method? Best Practices for Using the MoSCoW…
-
Understanding the “Jobs to Be Done” Framework
The “Jobs to Be Done” (JTBD) framework is a powerful tool for understanding customer needs and creating solutions that truly resonate. Instead of focusing on demographics or features, JTBD emphasizes the underlying motivations behind why customers “hire” a product or service to solve a specific problem or achieve a desired outcome. What is the Jobs…
-
KPIs: The Key to Business Success
Key Performance Indicators (KPIs) are measurable values that demonstrate how effectively a company is achieving its business objectives. Whether you’re managing a product, a team, or an entire organization, KPIs help track progress, identify areas of improvement, and ensure alignment with strategic goals. Why are KPIs Important? They provide clarity on performance and help guide…