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Moving The Product Needle The biggest challenge facing product management is not only selecting the right feature, but the right set of features. Here are the "5 levers" and how you can use them to move the needle. By Stewart Rogers linkedin.com/in/ rsrogers

Moving the Needle - ProductCamp Seattle 2013

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The biggest challenge facing product management is not only selecting the right feature, but the right set of features. Here are the "5 levers" and how you can use them to move the needle.

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Page 1: Moving the Needle - ProductCamp Seattle 2013

Moving The Product NeedleThe biggest challenge facing product management is not only selecting the right feature, but the right set of features. Here are the "5 levers" and how you can use them to move the needle.

By Stewart Rogerslinkedin.com/in/rsrogers

Page 2: Moving the Needle - ProductCamp Seattle 2013

STEWART ROGERSStewart is a recognized thought leader and advocate of building world-class product teams that bring a market-driven focus to technology organizations. With more than 15 years of product management experience he has been building products that deliver sustainable results and increased customer satisfaction levels. He is a Pragmatic Marketing Certified and Certified ScrumMaster. 

@StewartRogers productcampvancouver.org

linkedin.com/in/rsrogers

Page 3: Moving the Needle - ProductCamp Seattle 2013

How Do You Measure Success?

Page 4: Moving the Needle - ProductCamp Seattle 2013

How Do You Prioritize?

Page 5: Moving the Needle - ProductCamp Seattle 2013

Ask yourself…

How much are we going to move NPS?

NPS::Net Promoter Score

Page 6: Moving the Needle - ProductCamp Seattle 2013

Ask yourself…

How much are we going to grow new customer acquisition?

Page 7: Moving the Needle - ProductCamp Seattle 2013

Ask yourself…

Is this going to increase the average revenue per active customers?

Page 8: Moving the Needle - ProductCamp Seattle 2013

Ask yourself…

Does this support a price increase?

Page 9: Moving the Needle - ProductCamp Seattle 2013

Ask yourself…

How much are we going to increase support renewal or “win backs”?

Page 10: Moving the Needle - ProductCamp Seattle 2013

What is your goal?

Average Revenue Per Active CustomerActive CustomersLostCustomers

Increase Department Penetration by cross sell

and upsellNPS

Pricingstrategy

Support Renewals and Win BackGrow New Customer

Acquisition

Status quo Run rate

$75M

$4M $8M

$2M

5. Price

$7M

$99M

$3M4. Upsell

3. Cross Sell

2. NCA1. Support

Page 11: Moving the Needle - ProductCamp Seattle 2013

1. Improve customer satisfaction2. Grow new customer acquisition3. Increase upsell or cross sell revenue4. Enable price increases when applicable5. Increase support renewal and “win backs”

In Summary… The 5 Levers

Page 12: Moving the Needle - ProductCamp Seattle 2013

Moving The Product Needle

@StewartRogers productcampvancouver.org

linkedin.com/in/rsrogers