The day-to-day tasks include a wide variety of strategic and tactical duties. Most product managers or product owners do not take on all these responsibilities. At least some of them are owned by other teams or departments in most companies. A robust product management foundation has a profound impact on sales strategies. Product managers can craft compelling sales arguments by comprehensively understanding customer behavior, demands, and trends.
Stay informed by keeping up with industry trends, exploring new methodologies, and networking with peers. Foster trust by understanding your team and stakeholders’ perspectives and involving them in decision-making. And, lastly, create feedback loops with customers and team members to refine your product strategy. According to a 2018 report from analyst firm IDG, 89% of organizations plan to implement a digital-first business strategy. For companies that have already taken a digital-first approach, doing so increased revenue by 34% on average.
In today’s post, we cover what a mobile PM looks like, the basics of mobile product management, and tips you can use to being your mobile product journey. McElroy was responsible for advertising a brand of soap called “Camay” but was being forced to compete with P&G’s far more dominant soap brand – “Ivory” – despite having less support and resources. With each product managed separately, Camay was able to compete with Ivory on an equal footing.
Customer retention rate is a critical metric for mobile product managers because it’s often more cost-effective to retain existing users than to acquire new ones. Therefore, it’s important to focus on user retention strategies, including improving the user experience, adding new features, and personalizing content to keep users engaged and loyal to your app. Mobile product managers hold down one of the most challenging roles in any organization. As a mobile PM, you need to manage people at all levels of the organization. Additionally, you need to ensure the product reflects what’s best for customers. On top of that, mobile is changing rapidly, which puts an extra layer of complexity that can be difficult to navigate and stay on top off.
Product managers must consider how the product can be repurposed, extended, or pivoted toward new verticals. This maximizes the company’s value for an asset they’ve invested time, effort, Senior Product Manager (Mobile) job and dollars into over the years. After the product ships, product managers don’t get to kick up their heels and relax. But with proper expectations, there’s no reason the same skills and experiences can’t be transposed from one market to another.
Access to the phone’s hardware and functions can significantly enhance the mobile app experience. Ideally, the mobile product development team should simplify the user experience without losing functionality. Today this difference is partially compensated in mobile app product management by the use of layered interfaces in app menus that resemble a software stack, or more Software testing simply a stack of papers. This approach provides the user with one functional window at a time, while still maintaining quick access to all other windows. This means the product manager can easily check exactly where they are with each product and feature, see what is coming up and which customers are asking for what.