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Effective Platform Product Management

You're reading from   Effective Platform Product Management An effortless strategy and execution guide for product managers who want to scale their platform business model and grow their customer base

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Product type Paperback
Published in Nov 2021
Publisher Packt
ISBN-13 9781801811354
Length 286 pages
Edition 1st Edition
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Author (1):
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Tabassum Memon Tabassum Memon
Author Profile Icon Tabassum Memon
Tabassum Memon
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Toc

Table of Contents (15) Chapters Close

Preface 1. Section 1: Building the Right Strategy for the Platform Business Model
2. Chapter 1: Fundamentals of Platform Business Models FREE CHAPTER 3. Chapter 2: Differences between Linear Products and Platforms 4. Chapter 3: Research and Validation 5. Chapter 4: Building a Platform Strategy 6. Section 2: Building the Platform
7. Chapter 5: Defining the MVP and Creating a Platform Roadmap 8. Chapter 6: Launching the Platform 9. Chapter 7: Creating a Platform Operating Model 10. Section 3: Measuring the Performance of the Platform
11. Chapter 8: Metrics to Measure the Platform Outcome 12. Chapter 9:Ongoing Backlog Prioritization 13. Chapter 10: Moving from Linear Products to Platforms 14. Other Books You May Enjoy

Defining goals

The goals here are the same as the business goals, but broken down into smaller time frames. For example, the goal for the first quarter after the platform's launch could be to have x number of visits; in the second quarter, it could be x number of registered users, and so on. But these goals should be tied to the long-term business goals such as x amount of total revenue, x number of recurring users, or x% of posts shared. The goals that must be measured would also depend on the phase of the business.

In the start up phase, the goals are used to create awareness, increase the footprint, and grab the market; for example, increasing producer and consumer onboarding, or increasing the number of transactions. In the growth phase, goals are focused on expanding the business, such as increasing the rate of recurring consumers, increasing the longevity of producers on the platform, and increasing the value per transaction. In the maturity phase, the goals revolve around...

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