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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
Tools
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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

Chapter 9:Ongoing Backlog Prioritization

In the previous chapter, we explored how to measure the performance of the platform. We understood how each characteristic of the platform business could be tracked using different metrics to determine the overall success of the platform. We also discussed different steps involved in the outcome measurement process of any product and how each of those steps is different for platforms. The biggest differentiator is the metrics that we collect and analyze for linear products cannot be applied to measure the platform's performance. The success of the platform depends on connecting its producers with consumers and creating a network effect. Hence, all the metrics are aimed at measuring the network effect.

In this chapter, we will understand how to prioritize the features and capabilities of the platform. We will explore metrics-driven prioritization and understand how to utilize the data from the metrics discussed in the last chapter. We...

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