Product Strategy
Product Strategy is a framework that outlines how a product will achieve its business goals and satisfy customer needs.
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“user guides”
Product Life Cycle
The stages a product goes through from introduction to growth, maturity, and decline, influencing marketing and development strategies.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter.
Lovemark
A marketing concept that describes brands that inspire loyalty beyond reason, creating an emotional connection with consumers.
Product Launch Manager
A professional responsible for overseeing the planning and execution of a product launch, ensuring alignment with strategic goals and successful market entry.
SOW
Statement of Work (SOW) is a formal document that outlines the scope, objectives, deliverables, and timelines for a project.
Convergent Thinking
A cognitive process where ideas are brought together to find a single, best solution to a problem.
Transformer
A type of model architecture primarily used in natural language processing tasks, known for its efficiency and scalability.
SOM
Serviceable Obtainable Market (SOM) is the portion of the Serviceable Addressable Market that a company can realistically capture.