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5 things a web 2.0 product manager should know Adaptive Marketing, Webinar
1st story
Most Essential Factor Team Product Market
2nd Story
Customer Development Model Three kinds of markets New Re-segmented Existing
Sales Curve in Different Markets Linear Curve – Existing Market Hockey Stick– Re-segmented / new market
Customer Development Model
CDAR approach Iterate/Plan Release/Launch Migration/Exit Conceptualize Develop Adopt Retire Feedback
3rd Story
Behavioral Science People are not rational, understand their behavior Questions to ponder What influences their decision How they decide
Tenets of behavioral sciences Some insights on how people behave Commuters Paradox a three bedroom apartment that is located in the middle of a city, with a ten minute commute time, or a five bedroom McMansion on the urban outskirts, with a forty-five minute commute most them will eventually choose the large house
Tenets of Behavioral Science We think we understand people – a study by Fed
Behavior – Product
4th story
User Experience 	Its important that your design takes care of the following Visceral, ex: colors (visual) Behavioral, ex: functional (interaction) Reflective, ex: emotional ( pride)
5th Story
Golden Circle
Mapping with human brain PREFRONTAL CORTEX LIMBIC BRAIN
Why means Your purpose Your cause Your belief Reason for your organizations existence Reason you get out of your bed in the morning
Apple’s Message like everyone else We make great computers They’re beautifully designed, simple to use and user friendly Want to buy one?
But people buy Apple because Everything we do, we believe in challenging the status quo. We believe in thinking differently The way we challenge the status quo is by making our products beautifully designed, simple to use and user friendly We just happen to make great computers, want to buy one?
References Simon Sinek, Start With Why Jonah Lehrer, How we decide Steve Blank, Four steps to the Epiphany Dan Pink, Drive Paul Buchheit - blogs
Thank You Viveck P Kumar viveck.p.kumar@gmail.com
Upcoming Events(sign up at www.adaptivemarketing.in) 24 Bangalore April 2nd PM Networking with Vinay Goel, VP Products Google “What does Google search in a PM?” Live Webinar (30 minutes) March 17th – Director PM, McAfee, USA “5 Lessons learned in managing PMs in India” April 9th – Director PM, SAP “5 things every India PM needs to know to excel in an MNC” Workshop for Product Professionals - Bangalore “Product Management Certification” April  14th (6 days) “Web 2.0/Internet Product Management” March 27th (1 day) “Engineering Leaders – Code to Customer Centric” TBD (2 days)

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Five Things a Web 2.0 Product Manager Should Know by Viveck Kumar

  • 1. 5 things a web 2.0 product manager should know Adaptive Marketing, Webinar
  • 3. Most Essential Factor Team Product Market
  • 5. Customer Development Model Three kinds of markets New Re-segmented Existing
  • 6. Sales Curve in Different Markets Linear Curve – Existing Market Hockey Stick– Re-segmented / new market
  • 8. CDAR approach Iterate/Plan Release/Launch Migration/Exit Conceptualize Develop Adopt Retire Feedback
  • 10. Behavioral Science People are not rational, understand their behavior Questions to ponder What influences their decision How they decide
  • 11. Tenets of behavioral sciences Some insights on how people behave Commuters Paradox a three bedroom apartment that is located in the middle of a city, with a ten minute commute time, or a five bedroom McMansion on the urban outskirts, with a forty-five minute commute most them will eventually choose the large house
  • 12. Tenets of Behavioral Science We think we understand people – a study by Fed
  • 15. User Experience Its important that your design takes care of the following Visceral, ex: colors (visual) Behavioral, ex: functional (interaction) Reflective, ex: emotional ( pride)
  • 18. Mapping with human brain PREFRONTAL CORTEX LIMBIC BRAIN
  • 19. Why means Your purpose Your cause Your belief Reason for your organizations existence Reason you get out of your bed in the morning
  • 20. Apple’s Message like everyone else We make great computers They’re beautifully designed, simple to use and user friendly Want to buy one?
  • 21. But people buy Apple because Everything we do, we believe in challenging the status quo. We believe in thinking differently The way we challenge the status quo is by making our products beautifully designed, simple to use and user friendly We just happen to make great computers, want to buy one?
  • 22. References Simon Sinek, Start With Why Jonah Lehrer, How we decide Steve Blank, Four steps to the Epiphany Dan Pink, Drive Paul Buchheit - blogs
  • 23. Thank You Viveck P Kumar viveck.p.kumar@gmail.com
  • 24. Upcoming Events(sign up at www.adaptivemarketing.in) 24 Bangalore April 2nd PM Networking with Vinay Goel, VP Products Google “What does Google search in a PM?” Live Webinar (30 minutes) March 17th – Director PM, McAfee, USA “5 Lessons learned in managing PMs in India” April 9th – Director PM, SAP “5 things every India PM needs to know to excel in an MNC” Workshop for Product Professionals - Bangalore “Product Management Certification” April 14th (6 days) “Web 2.0/Internet Product Management” March 27th (1 day) “Engineering Leaders – Code to Customer Centric” TBD (2 days)

Editor's Notes

  1. Team – Google wave was run by a ‘proven’ team who were instrumental for Google Earth – Lars RasmussenProduct – Google wave was indeed a good product with 45000 supporters still wanting Google Wave back Market – did not exist becauseEmail, instant messaging was a habitOver Engineering of value
  2. A company started in India around 4 years agoThe product was conceptualized, developed, beta tested and launchedVP sales and VP marketing were hiredIt had a splendid launch garnering 2 MM page views per day within 2 months and 1 MM customer base within 4 monthsEnd of 1st year, the company was way down in terms of its page views and projected revenue
  3. Commute leads to unhappiness and research says a person commuting 1 hr has to earn 40% more to be satisfied compared to someone who walks to officeCar shopping People compare quantifiable variables like HP compared to cost of maintenance, comfort of front seat,etc
  4. OTA is a crowded place in Indian marketCleartrip launched in 2006 has been growing ever sinceThe first cash positive travel portalLast 2 years, growing 100% CAGRBagged 30% market share
  5. Don’t make people thinkDesign is primary, needs a lot more importance than people generally attribute