What is Product Spec? | Glossary
Product spec is a short form for product specifications. It is like a blueprint that contains vital information on product designing and development.| Glossary
Product spec is a short form for product specifications. It is like a blueprint that contains vital information on product designing and development.| Glossary
SMART goals refer to how the project managers define the team's goals that may lead to better performance and outcomes.| Glossary
Ignite your success with Change Management: Unleash the catalyst for transformation, master the process, and be inspired by compelling real-world examples.| Glossary
A market penetration strategy is a marketing approach used to expand or further saturate a company's customer base in an existing market. Read on.| Glossary
Discover untapped growth opportunities with our guide to Total Addressable Market (TAM). Define, analyze, and calculate your market potential for success.| Glossary
Product Requirements Document is a detailed outline of the product, its purpose, requirements, features, functionalities, etc.| Glossary
A user is an individual or entity that interacts with a product by interacting with it or consuming it. Understand everything about users in this article.| Glossary
Pragmatic marketing is all about attempting to deliver products that precisely match the description of the one your customer suggested.| Glossary
How to lead a team? Which style is the best that brings out the best in people? Agile leadership encourages flexibility, adaptability, and collaboration.| Glossary
Learn to implement a RACI Matrix in your organization. Discover this essential project management tool's benefits, examples, limitations, and best practices.| Glossary
Learn how to build and manage a project team. Understand the roles of team members in successful project completion.| Glossary
Explore the transformative world of agile methodology. Learn how it empowers teams to respond to change, enhance collaboration, and drive successful outcomes.| Glossary
What does a CXO do? and when is the best moment for your company to hire one? Let's see what we can find out!| Glossary
You need to have a product portfolio if you're a company. And if you haven't put yours together yet, now’s the time!| Glossary
Discover how design sprints can be beneficial to innovation! Learn the process, benefits and more in our quick guide.| Glossary
Product failure refers to the inability of a product to match its intended purpose or fulfill the expectations of its users, resulting in unsatisfactory performance or customer dissatisfaction.| Glossary
Delve into the significance of concept reviews, where organizations gather early feedback on new ideas for products or services. The post What Is Concept Review? Definition, Prepare and Conduct appeared first on Glossary.| Glossary
First mover disadvantage refers to the challenges and obstacles any company faces creating a new business with a new product.| Glossary
Unleash the true potential of your product with augmented products! Learn how to outshine your competition and provide more value to your customers.| Glossary
Confused about what Freemium is? Don't worry, we've got you covered! Discover everything you need to know about this buzzworthy business model and how it can benefit your company. Read on for the ultimate guide!| Glossary
Customer empathy refers to the ability to view and understand the world from the perspective of the customers.| Glossary
Customer discovery is an iterative process that involves identifying your target market, gathering feedback, and using insights to develop your product or service.| Glossary
Churn is defined as the percentage of customers that cancel or choose not to renew their subscriptions in a given period of time.| Glossary
Customer Effort Score (CES) is straightforward to track over time and correlates with business outcomes. Click here to learn more.| Glossary
A use case is a series of interactions between a role and a system to achieve a particular goal. When the user uses the product or interacts with the system, it is called a use case.| Glossary
Feature driven development (FDD) is an agile model. It follows an iterative software development approach.| Glossary
Product customization lets customers personalize your product according to their preferences and needs.| Glossary
Customer retention refers to a company's or a product's ability to retain customers for an extended period.| Glossary
Milestones and objectives related to the project's completion are included in project roadmaps. It also assigns roles and provides resources.| Glossary
A mind map is a visualization technique that links a central concept to other concepts, connecting many other related ideas.| Glossary
Say goodbye to ineffective town hall meetings! Learn how to plan and execute successful meetings that engage your team and achieve your goals.| Glossary
In agile projects, iterations are a fixed amount of time reserved for development. Here is why they could be crucial to any project and its efficient planning.| Glossary
Lateral thinking is a problem-solving approach that involves thinking creatively and unconventionally to find solutions that may not be immediately obvious.| Glossary
Discover the power of metrics in optimizing your product's performance. This article delves into exploring various types of metrics and effective strategies.| Glossary
Product Excellence is a way to reach the highest levels of product perfection based on user feedback, key insights, roadmapping, and strategy.| Glossary
Explore non-functional requirements in software development - definition and examples for high-quality systems.| Glossary
Unveiling the essence of Functional Requirements: Differentiate from non-functional, explore types, master the art of writing, and grasp examples for clarity.| Glossary
A/B testing is essentially an experiment for developing, launching, and comparing two versions of the same product.| Glossary
Strategic marketing management executes your company's mission through strategic processes to optimize your current marketing strategy.| Glossary
Product planning is choosing the best things to work on to maximize the use of available resources while meeting the product strategy's stated goals.| Glossary
Planning to implement enterprise technology? This article explains everything you need to know about this robust solution to help your business stay ahead.| Glossary
Return on Sales refers to the number of sales that a company converts into profits before deducting taxes, interests, and more.| Glossary
Competitive analysis refers to a strategy where you identify major competitors and evaluate their strategies to determine their strengths and weaknesses.| Glossary
A customer is the lifeblood of any business. They are someone who purchases goods or services from another company.| Glossary
Economies of scale are cost benefits gained by a business through the scale-up of production.| Glossary
The distinguishing factor that attracts the customers and makes the product or service stand out from the competitors is called the Unique Selling Proposition or USP.| Glossary
Curious about the purpose of a mission statement? This article defines it and explores the mission statements of 15 powerhouse companies for inspiration.| Glossary
Digital Transformation is the integration of technology to restructure all areas of business and provide improved value to customers as well as employees.| Glossary
Discover all about brand equity. Learn how a strong brand can positively impact customer perception, loyalty, and overall market success.| Glossary
Do you want to market your products effectively? Then, learn about the benefits of product advertising and determine which type is perfect for your company.| Glossary
Customer acquisition cost (CAC) is a metric used to reflect the cost of convincing (acquiring) a potential customer into buying the product or subscription of service.| Glossary
Co-branding is a form of partnership in which two or more brands come together to work on the same product having similar goals, strategies, and visions.| Glossary
Discover the critical aspects of Product Line Managers, including their definition, role, required skills, qualifications, and career path.| Glossary
Product vision provides clarity and aids in assessing the product's impact. It represents the intent, the demographic, and the purpose of the product.| Glossary
Learn how a UX designer helps in shaping user experiences and driving successful design outcomes.| Glossary
User interface is the means or medium of the interaction of the user with a software application or website or any device.| Glossary
Design thinking is a person-centered and user-centered approach to product design that promotes problem solving and innovation.| Glossary
Toyota developed the Kanban inventory method in the late 1940s to improve its production management process.| Glossary
Agile means delivering high-quality work quickly and efficiently. Agile ceremonies is just ongoing incremental improvement through small and frequent releases.| Glossary
Value proposition is a statement that tells about the product's worth and value for the money to potential customers.| Glossary
The factors that increase your chances of achieving success need to be identified. These factors are the success factors.| Glossary
Stakeholder management includes recognizing, organizing, prioritizing, and collaborating with stakeholders throughout the product development process.| Glossary
A stakeholder management plan is a formal document that outlines each stakeholder in order of priority, their level of involvement, and how your team will engage with them.| Glossary
Maximize your business potential with our expert guide to market share. Unlock the formula, calculation, and tactics to boost your market share today!| Glossary
Market requirements document (MRD) helps in outlining planning the market strategy. It is basically a document that states the market requirements.| Glossary
Revamp your business growth with Market Development Strategy! Learn expert insights, practical tips, and real-life examples to expand your market.| Glossary
Hypercompetition is a business concept that describes an environment where competition is intense and constantly evolving. Find out more about hypercompetition.| Glossary
Market validation analyzes if there is a market for your product and whether your target audience will use it. Explore market validation in depth.| Glossary
Learn about KPIs (Key Performance Indicators), their meaning, examples, and best practices in this comprehensive guide. Optimize your business performance today!| Glossary
The DACI, a decision making framework helps you make better decisions. This guide will help you how to use it effectively.| Glossary
Agile frameworks deal with uncertainty differently than they used to since the pandemic began. Find out the right agile framework for you!| Glossary
The agile business analyst's goal is to assist the agile team and product owner in carefully evaluating the business sector and responding to their concerns.| Glossary
Explore the world of resource allocation, uncover its benefits, effective techniques, methods, and more to optimize resource allocation for maximum efficiency.| Glossary
Discover the 7 crucial components of the Marketing Mix and learn how to apply them with real-life examples effectively. 2023 updated guide inside!| Glossary
Market segmentation is an excellent guide for product managers in product roadmap development and implementation of product management software.| Glossary
Market positioning refers to your brand's position in a crowded place called the market. You calculate the factors that set you apart from your competitors in this strategy.| Glossary
Looking to dominate the world of Business to Consumer? Our guide offers clear definitions, key models, real-life examples and more. Start reading now!| Glossary
Explore B2B SaaS - the answer to your software woes. Discover its benefits and top solutions in the market today. Say hello to the future with B2B SaaS.| Glossary
Revolutionize your business with SaaS. Uncover the meaning and definition of Software as a Service and explore real-world examples. Elevate your tech game now.| Glossary
A product launch is a planned and coordinated effort among all the departments of an organization to introduce a product in the market.| Glossary
Unlock the secret to skyrocketing your business success with exceptional customer service! Delve into the key concepts, effective strategies, and more today.| Glossary
Explore the fundamentals of release notes by delving into important components and industry best practices. Learn how to communicate software updates effectively. The post What are Release Notes? Key Elements and Best Practices appeared first on Glossary.| Glossary
Explore the key skills and responsibilities of a Technical Product Manager, gaining insights into the core competencies required for success in this thriving role.| Glossary
A Sprint goal is a clear set of goals and objectives to be achieved in a particular sprint when the task is implemented.| Glossary
CAD/CAE are softwares used in product design modeling.CAD is Computer Aided Design. It is used to make 2-D or 3-D designs of products through computers.| Glossary
Epics are used to create a hierarchy in the development process and to organize tasks in Agile product management.| Glossary
A project manager is simply the leader of a project. He is responsible for everything in the project, starting from planning to execution.| Glossary
Dependency refers to the logical and constraint-based relationship between interrelated tasks. Get an insight into 'dependency' in product management.| Glossary
Sprint planning is an essential part of every sprint. Here you will discover the value of this practice and how to make it work best for your team.| Glossary
Achieve your goals faster with sprints. Learn how this technique can boost productivity, take control of objectives, and supercharge your success.| Glossary
A retrospective is a meeting at the end of a project to reflect on how it went and what else could be done do to better next time. Read more about them here.| Glossary
Usability testing is a test performed on your product or service to ensure whether it guarantees maximum user experience and an efficient user interface.| Glossary
A roadmap is a plan of action that defines the goal and the checkpoints or significant steps that are to be followed to reach the goal.| Glossary
Discover the world of product testing - Definition, Types, and Top Websites. Explore how to become a tester and gain valuable insights.| Glossary
Documentation is an official document with data that is stored for record purposes. It serves as an umbrella term for two different types – Product Documentation and Process Documentation.| Glossary
The alpha test is a type of user acceptance test conducted at the internal level of the company by the in-house testing teams in a laboratory environment.| Glossary
Acceptance test is software testing done by the end-user. You do this to check if the product or the software is ready to launch the market with all the bugs identified and removed.| Glossary
Are you looking to gain insights into the common pain points businesses face and learn how to tackle them effectively? Look no further than this article.| Glossary
Bugs are error or faults in a computer program that can force it to behave erroneously in ways which are neither expected by the user nor intended by the developer.| Glossary
The purpose of end to end testing is to ensure that users can utilize your program without encountering any issues.| Glossary
