Everything You Always Wanted to Know about Product Management*
*But Were Afraid to Ask!
01
What the F*** is Product Management anyway?
A Product is anything we sell to meet someone's needs. All successful products (from the first iPhone to the latest update of Airbnb’s platform) have three “Fits” in common:
- There is (almost) no gap between what users WANT to do and what they CAN do with the product (Problem-Solution Fit).
2. Access to the product generates enough funds to sustain its production, distribution, and evolution while still leaving margin for customer value surplus (Product-Market Fit).
3. There is an ecosystem of connected content pulling new users through engagement, conversion, and delight (Content-Context Fit) Note that the right content at the wrong time may destroy value, we need to show the right content at the right time to trigger the right behavior.