The Power of Product Positioning and the “7 Ps” Marketing Mix

In product management, we often talk about positioning statements, value propositions, and the like.  But what about plain old “product positioning?” In this post we’ll explore what “product positioning” really means, why it’s important, and how you can use a positioning statement to make sure you’re getting it right. TL;DR Product positioning refers to what the…

Behind the Product: Kellogg’s Succeeds in Meat Alternative Market Thanks to its Data-Driven Agile Approach

In our “Behind the Product” series, we discuss examples of products or services that highlight a particular Product Management concept or principle. As Product Managers, we’re constantly watching new and old products, and the marketing associated with them, to find examples for our training and materials that we can use to exemplify good, or not…

What is Product-Market Fit and How Do You Determine it?

What Is Product-Market Fit? “Product-market fit means being in a good market with a product that can satisfy that market.” Marc Andreessen Countless companies have put together great teams, who built great products that never found the success they anticipated. Why? Because they weren’t rigorous enough at establishing product-market fit, which is what we are…

8 Reasons Insurance Companies Must Up-Level Their Product Managers’ Skill Sets in 2021

When it comes to adopting digital tools and technologies, it’s “full steam ahead” for businesses in every sector. In fact, according to 2021 research from Flexera, 54% of companies worldwide said they are prioritizing digital transformation, while 49% are prioritizing cybersecurity. And IDC projects the value of direct investments in digital transformation between 2020 and 2023 will…