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Growth Product Manager's Handbook

You're reading from   Growth Product Manager's Handbook Winning strategies and frameworks for driving user acquisition, retention, and optimizing metrics

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Product type Paperback
Published in Jan 2024
Publisher Packt
ISBN-13 9781837635955
Length 292 pages
Edition 1st Edition
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Author (1):
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Eve Chen Eve Chen
Author Profile Icon Eve Chen
Eve Chen
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Table of Contents (19) Chapters Close

Preface 1. Part 1: A User-Centric Management Strategy
2. Chapter 1: Introduction to Growth Product Management FREE CHAPTER 3. Chapter 2: Understanding Product-Led Growth Management Models 4. Chapter 3: Understanding Your Customers 5. Part 2: Demonstrating Your Product’s Value
6. Chapter 4: Unlocking Success in Product Strategy and Planning 7. Chapter 5: Setting the Stage for a Powerful Product-Led Enterprise 8. Chapter 6: Defining and Communicating Your Product Value Proposition 9. Part 3: A Successful Product-Focused Strategy
10. Chapter 7: The Science of Growth Experimentation and Testing for Product-Led Success 11. Chapter 8: Define, Monitor, and Act on Your Performance Metrics 12. Chapter 9: Guiding Your Clients to the Pot of Gold 13. Part 4: Winning the Battle and the War
14. Chapter 10: Maintaining High Customer Retention Rates 15. Chapter 11: Unlocking Wallet Share through Expansion Revenue 16. Chapter 12: The Future of a Growth Product Manager 17. Index 18. Other Books You May Enjoy

Answers

  1. Customer retention plays a pivotal role in PLG models as the ability to retain engaged, long-term users and nurture their loyalty directly impacts sustainable revenue and growth trajectories in PLG paradigms. Retention supports stability in user numbers, predictable revenue streams through recurring payments, and amplified network effects stemming from the advocacy of happy users.
  2. Best practices include personalization to cater to user preferences, interactive and gamified tutorials to boost engagement, preemptively addressing common pain points, conveying value to motivate usage beyond sign-up, usage tracking to identify drop-off points, and contextual prompts to guide the next steps.
  3. Cohort analysis involves grouping users based on attributes such as sign-up dates, usage frequency, or features used. By tracking metrics for each cohort over time, growth product managers gain insights into differences in behaviors, needs, and churn risks. They can address cohort...
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