Main takeaways:
- What is platform Product Management?
- How is it different from Product Management for consumers?
- What it takes to be a good platform Product Manager
12. Platform approach focussed on customer
PLATFORM
Interfaces
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Communicate Shop Pay Support
(Platform Product Management)
(Consumer Product Management)
13. Primary Players for Platform
PLATFORM
Interfaces
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Support
#1. Platform Owner
Controls who has access to IP and
in what ways e.g. Apple owns iOS
#2. Providers
Interfaces of the platform. e.g. mobile
device
#3. Producers
Creators of the products on
platform e.g. apps
#4. Consumers
Buyers or users of products
14. Platform Product Management
- vs consumer product management
Look at Big Picture
See which building blocks fit
1
Think Long Term2 Multiple Personas,
Not just customer
3
● Consumer facing PMs
prioritize the features in
product,
● Platform PMs need to
prioritize across many
such products as
participants in their
ecosystem.
● Trade-offs have to be
made across multiple
products based on long-
term goal
● At the same time, have to
be opportunistic about
short-term feature
commitment if fits long-
term vision path.
● One product’s customer
experience enhancement might
affect another product’s
customer experience within the
platform.
● While making trade-offs,
product owners and his/her
end-customers have to be
considered.
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Editor's Notes
Consumer facing product managers prioritize the features in product, platforms need to have scalable architecture with many such products as participants in their ecosystem. Hence, platform product managers have to look at bigger picture and see which building blocks that fit in and the ones that don’t and prioritize accordingly.
Look for long term rather than short term - Has to have a strategic vision spanning across multiple products. Trade-offs have to be made across products based on long-term goals which might reduce the short-term revenue generation. Need to be out of feature weeds. Same time, you have to be opportunistic about short-term feature commitments that fit long-term vision path.
The platform product manager has to consider multiple personas before taking any decision. The stakeholders are more and belong to a wider range. One product’s customer experience enhancement might affect another product’s customer experience within the platform. Hence, while making trade-offs, both the customer and his/her customers have to be considered to understand their needs better.
Look at Big picture - across multiple products running on platform
Have long term strategic vision and long term goals
Decision making spanning multiple personas, not just end-consumer.