๐ฒIn the realm of pixels and possibilities, transforming complexity into simplicity | #productmanagement and technology. Product @indeed, @lsenews alum
We tend to overcomplicate what it means to have great product sense.
To put it simply: you can look at a screen and intuitively predict the percent of users who will convert to the next screen within a 10% margin of error.
Attached are the most common questions I find myself asking in ~every product/feature review meeting.
Hopefully one or two make their way into your repertoire. (link in next post)
@clairevo@marilynika leads a adv AI, course have been thinking to join this for exactly the reasons mentioned in this tweet. To not say something something LLM ๐
โฉFits the notion of hard skills ? @clairevo ?
https://t.co/VJjNkmvLaV
If you want to do product-led growth like the best (Miro, Canva, Notion), then you need to pull off the 8 layers of the PLG Iceberg.
In my latest deep dive with Jaryd Hermann into Miro, we go deep on this framework and break down what it takes to really execute PLG.
Hereโs a quick rundown of each layer: โโ
๐๏ธ ๐1 & ๐2: ๐๐ก๐ ๐๐ข๐ฉ ๐๐ ๐๐ก๐ ๐๐๐๐๐๐ซ๐
It's all about communicating your value. Miroโs onboarding begins before handing over an email with:
โณ Compelling messaging
โณ Trust-building/social proof
โณ Transparent pricing
๐ ๐3: ๐ ๐ซ๐ข๐๐ญ๐ข๐จ๐ง๐ฅ๐๐ฌ๐ฌ ๐๐ง๐๐จ๐๐ซ๐๐ข๐ง๐
Miro ensures a smooth start with a minimalist setup:
โณ They nudge users to sign up with a work email, but donโt require it
โณ Sign up is basic. There are no fancy visuals trying to over-communicate anything
โณ They use progressive reveals, minimizing cognitive load
โณ They leverage Single Sign On (SSO) with business-grade auth providers
๐ฏ ๐4 & ๐5: ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ๐ข๐ง๐ ๐๐๐ฅ๐ฎ๐
Miro excels in personalizing the onboarding experience, ensuring users quickly find their "aha" moment.
โณ They have dedicated flows for both board Creators and Joiners
โณ Thereโs no โblank stateโ
โณ Onboarding is persona based
โณ They use templates to reduce Time To Value
โณ Miroโs onboarding is based on ๐๐ฉ๐ฐ๐ธ >>> ๐๐ฆ๐ญ๐ญ.
๐ ๐ ๐จ๐ซ๐ฆ๐ข๐ง๐ ๐๐๐๐ข๐ญ๐ฌ (๐6)
Miro focuses on creating habitual usage patterns around their core value action, driving long-term engagement.
โณ Their freemium plan avoids throttling value (use now, pay for biz features later)
โณ They focus on extensibility, embedding themselves across other popular tools
๐ฐ ๐๐จ๐ง๐๐ญ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: ๐๐ซ๐ข๐๐ข๐ง๐ & ๐๐๐๐ค๐๐ ๐ข๐ง๐ (๐7)
From a generous freemium model to value-packed premium plans, Miro's pricing strategy is a masterclass in PLG.
โณ Freemium is crafted to remove barriers to entry and encourage users to invite others to collaborate, creating a viral loop.
โณ They monetize business (and power user) needs, just like Slack does
โผ ๐๐ซ๐จ๐๐ฎ๐๐ญ-๐ฅ๐๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ฅ๐จ๐จ๐ฉ๐ฌ (๐8)
PLA is not โrefer a friendโ. True PLA means your users naturally invite other users while using your productโfor free.
โณ Miro avoids cash incentive invites. For one, it attracts lower intent users.
โณ They leverage the viral flywheel by making the product inately collaborative
To go much deeper into each layer of the PLG Iceberg, including detailed examples and tactical takeaways, checkout our full analysis: https://t.co/CirpaUVSeP
This piece on Group Product Managers from 1998 might be the best thing I've read in years:
Group Product Manager is the most important non-executive position in a software company. In fact, it is more important and has higher impact on the company than many executive posts.
A failed product can sink the company. A successful product can literally redefine the course of the business.
Nobody is more responsible or more accountable for a product than the Group Product Manager. As a result, the job is characterized by massive success, massive failure, and little in between.
Most GPMs are either promoted or end up leaving the company or being assigned to less hazardous duty within a short period of time.
Everyone wants to be a Good Group Product Manager, but relatively few succeed.
Good GPM: Knows the Good PM / Bad PM principles cold and constantly strives to execute them
Dead GPM: Forgets about the basics
Good GPM: Owns the overall product strategy and success
Dead GPM: Overdelegates, doesn't think broadly enough, or fails to deliver
Good GPM: Asks questions, listens and learns -- about everything -- necessary to meet their responsibilities
Dead GPM: Ignores important areas, assumes the best, fails to ask tough questions
Good GPM: Asks questions, listens and learns -- about everything -- necessary to meet their responsibilities
Dead GPM: Ignores important areas, assumes the best, fails to ask tough questions
Good GPM: PMs and the GPMs have a CLEAR understanding of what they need to do to excel
Dead GPM: Subordinates and GPMs have murky or different understandings of what is needed to excel
Good PM: Creates exciting jobs with clear opportunities for visible success and failure
Dead PM: Creates mushy jobs that aren't visible
Good GPM: You set and maintain the strategy, executives provide input and leverage
Dead GPM: Rely on direction from executives
Good GPM: Knows when and how to get organizational buyoff on
product strategy and marketing plans
Dead GPM: Inadequate knowledge and skill navigating the organization
It's amazing how little the GPM role has changed in 25 years.
Ben Horowitz (the Z in A16Z) knows his stuff.
Peoplesoft โ Workday โ Gusto / Rippling
Adobe โ Sketch โ Figma
WebEx โ Blue Jeans โ Zoom
And now JIRA โ Linear.
These all represent a patternโฆ
๐ It's a cycle that constantly repeats:
1. Incumbent product becomes more complicated.
2. New product emerges applying modern UX.
3. Targets earlier stage market with a more narrow use case.
4. New product grows and becomes the incumbent.
5. The cycle repeats itself.
@ravi_mehta (Outpace, Tinder, Tripadvisor) joined @far33d and I on Episode 4 of Unsolicited Feedback Podcast.
Full episode links in the thread.
We discussed Linear's Series B, why they are gaining traction against a powerful incumbent, and what product we think is next.
What conditions need to be true?
I see lots of angel investment pitches that take the form of "X incumbent product is too complicated, we are building a better version."
No huge new tech or product innovation. There are times (like the examples above) that it works. But a lot of times it doesn't. So what conditions have to be true?
1. The incumbent product needs to have become bloated.
2. Hatred for the incumbent product has emerged among some segment.
3. There is some segment of the market you can target w/ low switching costs.
Linear is running this to perfection.
1. JIRA has become a super complicated product for many.
2. Real hatred for the product has emerged (just search Jira on twitter)
3. Linear has focused in on a more narrow use case (software development vs general IT).
4. They started by targeting early-stage startups that have low switching costs and aren't embedded on JIRA yet.
So, who is at risk next?
I was actually very surprised by Ravi's and Fareed's answers. More in the clip and full episode below.
Tim Holley (@TimHolley) is a long-time VP of Product at @Etsy where leads the buyer experience. With a tenure spanning more than a decade, Tim has seen the company through many transitions, including major shifts in culture, leadership, and explosive growth.
In our conversation, we discuss:
โ Lessons on navigating corporate culture shifts
โ How Etsy capitalized on the overnight growth during the pandemic
โ Marketplace learnings: when to focus on supply vs. demand, optimizing conversion, and more
โ How Etsy solves the โgraduation problemโ
โ Tips for hiring product managers
โ Much more
Full episode ๐
๐ The dance between designers and PMs is a delicate balance of vision and execution. While designers strive for remarkable experiences, PMs chase speedy impact and business goals. Itโs a symbiotic relationship that sparks innovation.
Letโs celebrate the dynamic duo of design and product management! ๐จ๐ vs creating ๐ถ๏ธ click baits ..
#ProductManagement #productdesign #InnovationUnleashed
If you saw @bchesky's fireside chat at #Config2023 you know it got a little ๐ถ๏ธ spicy ๐ถ๏ธ
So we asked @skuwamoto, @yuhkiyam, @joulee, @lennysan, and Steve Johnson to weigh in:
What does the future of product management look like?
Dive in: https://t.co/A2LMo9SaaZ