You invest a lot of time, energy and passion into your work. It’s not easy to take a new product or feature from inception through to delivery. So, how do you measure and demonstrate its value post-launch?
It starts with definition. Any metrics you focus on will depend on your long-term strategic vision for the product, and how you intend the product to be used. As a baseline, you should have a core usage metric. For most new products or features, active users are going to be fundamental to success. By comparing daily active users to monthly active users, you can also gauge the ‘stickiness’ of your product. If you are offering a service with a longer life cycle, then stickiness may not be so relevant.
You may also want to consider tracking more specific metrics that relate to the function of the product - perhaps there is a key area of the platform or piece of content you want to track. Setting this out at the start of the process makes things much easier later on. And there are lots of ways you can enhance and refine your measurement approach.
User research is a key aspect of product development. The decision to launch a new feature, or improve a specific journey, often stems from insights gathered from your target audience. But as a product manager, how do you gain access to your customer base?
Lining up participants for interviews and focus groups can be a challenge when you don’t have direct contact with them. And you might find that the people in your organisation who work closely with your end users are quite protective of them. This is sometimes referred to as customer gatekeeping. When a colleague has worked hard to build a strong rapport with a client or customer, they want to maintain that. The idea of another team swooping in and interrogating their contacts can cause friction. So, how can you work together with those stakeholders to ensure you’re making validated and informed decisions?
You know the feeling, when everything needs to have happened yesterday. Your backlog is bursting at the seams and priorities are constantly evolving. Your project team is working at maximum capacity. Then a new business initiative drops in, and you're asked to treat it as a high priority.
It can feel like you’re up against it, being pulled in different directions. In larger organisations especially, you could be dealing with senior stakeholders across different units, each of whom wants their needs to be met first. At a smaller organisation, you might find that resource is the biggest blocker. If you find yourself overwhelmed by your backlog, there are a few things you can do:
Working in product management can be both demanding and rewarding, but there are lots of tips and resources out there to help you along the way. Need a hand revolutionising your digital presence and drive your success? Contact our team today.