Product Prioritization: Buy-a-Feature

Using cash to identify key ideas

Welcome to ‘Product Prioritization’ — our series of tools, tips, and best practices for the skilled Product Manager to determine priorities and get results. Each month, we will highlight one of the dozens of popular methodologies and explain how to use it.

For our third instalment, we take a look at ‘Buy-a-Feature.’

At Left Travel, we enjoy using the ‘Buy-a-Feature’ technique when working with internal teams or external users who ‘want it all.’ It’s always challenging working with stakeholders who want all of the features, all at the same time — this prioritization technique helps enable them to describe the value they see in the features in a new way.

What is ‘Buy-a-Feature’?

‘Buy-a-feature’ is a product prioritization technique used when a product is under development to quantifiably estimate how valuable a feature or an idea is. To do so, a product team will work directly with customers and key stakeholders to solicit feedback and prioritize enhancements or features which the participants want or value most.