
Product Management Training
Our course empowers professionals to master the end-to-end lifecycle of modern product development. From market research to go-to-market strategy, you’ll learn how to build solutions that are customer-centric, agile, and competitive in today’s digital-first world.
Course Overview
Today's markets are saturated with numerous products competing to fulfill the same customer needs. In this highly competitive environment, how can a product distinguish itself? What strategies should companies employ to attract customers? This is where effective product management becomes critical.
Product management starts with identifying customer needs and designing appropriate product features. It encompasses developing strategies and marketing approaches throughout the entire product lifecycle. From conception to market launch, products undergo numerous phases, requiring companies to focus on customer experience, promotional strategies, and efficient distribution to maximize sales.
Key Responsibilities of a Product Manager
As the company's primary offering, products demand careful development and management. Without proper product management, organizations risk failing to deliver successful products. Effective product management involves meticulous planning, reducing the likelihood of market failure.
This course addresses critical questions:
How can product management enhance company performance?
What methods generate innovative product ideas?
How do strategies evolve across product lifecycle stages?
How to build brand awareness and loyalty?
Course Objectives
Align product management with market needs and organizational vision
Incorporate customer value through sustainable practices
Foster innovation in product development
Balance manufacturing, marketing, and sales considerations
Develop skills for product design, development, and maintenance
Implement lifecycle stage strategies
Analyze market potential and build brand equity
What’s in it for you?
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Effective screening of product ideas
Reduced product failure risks
Enhanced customer experience and retention
Stronger product differentiation
Increased customer loyalty and revenue
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Comprehensive market understanding
Improved cross-functional collaboration
Clear product expectation setting
Efficient product line management
Creative market opportunity identification
Innovative problem-solving approaches
Leadership skill development
Enhanced communication and technical skills
Who Should Attend?
Marketing managers/executives
Product managers and developers
Sales managers
Brand managers
Entrepreneurs and startup founders
Course Outline
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Product classifications
Product attribute decisions
Packaging and labeling considerations
Product line management
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Scope of product management
Product planning and marketing
Management process steps
Product customization
Product manager responsibilities
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Market research techniques
Idea generation and screening
Test marketing strategies
Product upgrade methodologies
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Introduction stage approaches
Growth stage tactics
Maturity stage management
Decline stage solutions
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Competitive set definition
Category attractiveness assessment
Environmental analysis
Product positioning strategies
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Competitor objective identification
Information source evaluation
Differential advantage assessment
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Customer value creation
Brand awareness and loyalty
Brand image management
Customer-based equity models
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Promotion objective setting
Media and advertising planning
Pricing strategies and objectives
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Channel design principles
Distribution's role in product success
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Innovation objective setting
Feature and process-based innovation
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Engineering dependencies
Accelerated innovation cycles
Time constraint management
Digital product trends
Customer relationship building
Product proliferation strategies
