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#1 Strategizing for Success:
Building a Strong Foundation
for Product-Led Growth
Oskar Kwitek
Product Strategist
As Product Managers,
you have ONLY one
objective …
… to meet your
customers needs
The ugly truth
Why do startups fail?
● 90% of startups fail, of which 75% are venture-backed (Startup
Genome)
● 35% of startup failures happen to lack of market need (CB insights)
● 80% of features in the average software product are rarely or never
used (Pendo)
The big 4
Mitigate them and you’ll win!
● Desirability – does the market want your product?
● Feasibility – can you actually make it happen?
● Viability – should we really build it?
● Usability – will users figure out how to use it?
-Product- – Led Growth
Product-Led Growth – examples
Product-Led Growth – Market Strategy
… but where to start?
What can I really impact on?
● Should I improve an onboarding experience?
● Should I work on and optimize my pricing model?
● Should I change my product strategy?
● Should I change UI? or targeted niche?
the answer is…
… it all depends
Aim to win, not to play!
Make sure you always have a plan
1. Start with appropriate strategy
2. Make sure you know your customers
3. Create assumptions and experiments
4. Try them from the riskiest
5. Collect necessary feedback
6. Make sure that your users can upgrade effortlessly
Be data-driven and set up reliable
metrics!
Acquisition
Activation
Engagement
Retention
Monetization
Number of new signups, CAC
Activation rate, Time to activate
MAU, WAU, DAU, Stickiness
Retention rate, CLV
NRR, MRR, ARPU
Key takeaways
What we’ve learned:
❏ PLG is not a new idea and can be successfully utilized both in B2B
and B2C products
❏ Don’t copy business models or frameworks, since they’re probably
will not work for you
❏ The point of start and accompanying metrics and assumptions will
depend on the growth stage you’re currently at
❏ Aim to win, not to play – always have a strategy supporting your
business and product goals
Thank you!
Contact me on LinkedIn
or
email me oskar.kwitek@boldare.com 💾

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Accelerate your business's growth with product strategy and user-centric design _ Oskar Kwitek _ Boldare.pdf

  • 1. 1 #1 Strategizing for Success: Building a Strong Foundation for Product-Led Growth Oskar Kwitek Product Strategist
  • 2. As Product Managers, you have ONLY one objective …
  • 3. … to meet your customers needs
  • 4. The ugly truth Why do startups fail? ● 90% of startups fail, of which 75% are venture-backed (Startup Genome) ● 35% of startup failures happen to lack of market need (CB insights) ● 80% of features in the average software product are rarely or never used (Pendo)
  • 5. The big 4 Mitigate them and you’ll win! ● Desirability – does the market want your product? ● Feasibility – can you actually make it happen? ● Viability – should we really build it? ● Usability – will users figure out how to use it?
  • 8. Product-Led Growth – Market Strategy
  • 9. … but where to start? What can I really impact on? ● Should I improve an onboarding experience? ● Should I work on and optimize my pricing model? ● Should I change my product strategy? ● Should I change UI? or targeted niche?
  • 11. … it all depends
  • 12. Aim to win, not to play!
  • 13. Make sure you always have a plan 1. Start with appropriate strategy 2. Make sure you know your customers 3. Create assumptions and experiments 4. Try them from the riskiest 5. Collect necessary feedback 6. Make sure that your users can upgrade effortlessly
  • 14. Be data-driven and set up reliable metrics! Acquisition Activation Engagement Retention Monetization Number of new signups, CAC Activation rate, Time to activate MAU, WAU, DAU, Stickiness Retention rate, CLV NRR, MRR, ARPU
  • 16. What we’ve learned: ❏ PLG is not a new idea and can be successfully utilized both in B2B and B2C products ❏ Don’t copy business models or frameworks, since they’re probably will not work for you ❏ The point of start and accompanying metrics and assumptions will depend on the growth stage you’re currently at ❏ Aim to win, not to play – always have a strategy supporting your business and product goals
  • 17. Thank you! Contact me on LinkedIn or email me oskar.kwitek@boldare.com 💾