Content-Type: multipart/alternative; boundary=f57827b59d77bc2090b969e10b0f587c75139a89d5d00d9490b34a64acd9 Date: Fri, 04 Oct 2024 04:09:13 +0000 (UTC) From: Tim Herbig Mime-Version: 1.0 Subject: =?UTF-8?B?8J+boO+4jw==?= How to Build a Product Strategy That Fits Your =?UTF-8?B?Q29tcGFueeKAmXM=?= Focus To: Hidden Recipient X-Hiring: We are hiring, reach out at header-hacker@emailshot.io X-EmailShot-Signature: zXrnsoAT2aqxHYKP2LFDBcw32-l2EiDGxI9N_asODK3BIPu-5aAe8dvH0iq9KPYmlyiOv-iFEdOr6TFV6TXFCA== --f57827b59d77bc2090b969e10b0f587c75139a89d5d00d9490b34a64acd9 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset=utf-8 Mime-Version: 1.0 ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/reh8h9u0= lqgkvrb6/aHR0cHM6Ly9uZXdzbGV0dGVyLmhlcmJpZy5jby8=3D ) -->Product Practice #336 ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/08hwhgud= 6m3nw6bp/aHR0cHM6Ly9uZXdzbGV0dGVyLmhlcmJpZy5jby9wb3N0cy8zMzY=3D ) Product Practice #336 ( https://newsletter.herbig.co/posts/336 ) ************************************************************** How to Build a Product Strategy That Fits Your Company=E2=80=99s Focus ************************************************************** READ ON =E2=80=8BHERBIG.CO ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/08hwhgud= 6m3nw6bp/aHR0cHM6Ly9uZXdzbGV0dGVyLmhlcmJpZy5jby9wb3N0cy8zMzY=3D )=E2=80=8B PUBLISHED Oct 4, 2024 READING TIME 3 min & 14 sec =E2=80=8BDear es,=E2=80=8B Besides being decisive ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/8ghqh3ul= 6gmwpmtl/aHR0cHM6Ly9uZXdzbGV0dGVyLmhlcmJpZy5jby9wb3N0cy8zMzU=3D ), another attribute that can determine the value of your Product Strategy ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/vqh3hmup= 9nzm3wtw/aHR0cHM6Ly9uZXdzbGV0dGVyLmhlcmJpZy5jby9wb3N0cy8zMzI=3D ) is how layered it is. The best way to think of the interplay between the Company and Product layers is the magnitude of overlap between each of them: Is the audience you chose for your Product part of the prioritized audience by the company? Is the distribution channel you want to leverage mastered by the company? How can you make your offering stand out using the company's existing differentiators? So, a critical attribute of a useful Product Strategy is its ability to fit into the Company Strategy and make coherent choices that inform the intentional delivery of Features. Here's how our exemplary b2b SaaS company, Analytico, can make use of this: ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/08hwhgud= 6m3nw6bp/aHR0cHM6Ly9uZXdzbGV0dGVyLmhlcmJpZy5jby9wb3N0cy8zMzY=3D ) As a company, Analytico had established the route of doing one thing really, really well ( web eCommerce tracking) through a fully integrated solution (as opposed to catering to more use cases through integrations). For the new predictive checkout optimization features, this meant not getting lost in all the possibilities of other checkouts: No tiered pricing or subscriptions. While stakeholders suggested other checkouts that could be optimized, the product team could use the established company focus to narrow its perspective on audiences and problems worth solving. Among others, they prioritized GDPR compliance and the ease of use for integrating with web technologies like Progressive Web Apps (PWAs). This way, they could reinforce the company's established strengths and increase the chances of succeeding for Next week, we'll wrap up this miniseries by looking at how Analytico can ensure its Product Strategy is Executable. HOW TO PUT THIS THEORY INTO PRACTICE * Which choices did your company make? Look for decisive choices around users, offerings, and differentiators. * Can you play within the boundaries? Think about the decisions these choices help you skip. Can you target a more narrow segment or problem space to help the company succeed in the broader market they go after? * Which elements help you succeed? Where can you reuse or leverage hard (e.g., technology) or soft (e.g., branding, positioning) choices for your product? Did you enjoy this one or have feedback? Let me know and reply. Hearing from you is what motivates me whenever I sit down to write this newsletter. If this newsletter isn't for you anymore, you can unsubscribe here ( https://unsubscribe.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9 ). Thank you for Practicing Product, =E2=80=8BTim ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/l2heh6u3= mo8qvdhg/aHR0cHM6Ly93d3cubGlua2VkaW4uY29tL2luL2hlcmJpZ3Qv )=E2=80=8B ------------------------------------- Join my In-Person Workshops in Berlin ------------------------------------- I'm excited to bring my beloved in-person workshops back to Berlin in January 2025. You can choose between 1-day workshops on Product Strategy ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/m2h7h6u8= 6od20xul/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1zdHJhdGVneS13b3Jrc2hvcC8=3D ), Product OKRs ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/dphehmu0= 9qldw3cl/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1tYW5hZ2VtZW50LW9rcnMtd29ya3Nob3= Av ), or Product Discovery ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/e0hph0u0= 3k8m29s7/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1kaXNjb3Zlcnktd29ya3Nob3Av ) OR get the full 3-day experience for you or your team. ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/m2h7h6u8= 6od20xul/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1zdHJhdGVneS13b3Jrc2hvcC8=3D ) ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/dphehmu0= 9qldw3cl/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1tYW5hZ2VtZW50LW9rcnMtd29ya3Nob3= Av ) ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/e0hph0u0= 3k8m29s7/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1kaXNjb3Zlcnktd29ya3Nob3Av ) -->LEARN MORE ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/7qh7h2uo= 20rdmka9/aHR0cHM6Ly93d3cuZXZlbnRicml0ZS5jb20vby90aW0taGVyYmlnLXByb2R1Y3QtbW= FuYWdlbWVudC1jb2FjaC1jb25zdWx0YW50LTE1ODI2OTI4Mzcw ) LEARN MORE ( https://www.eventbrite.com/o/tim-herbig-product-management-coach-consultant= -15826928370 ) --> *********************************** Content I found Practical This Week *********************************** No, this is not a Product strategy Romuald, proudly: =E2=80=9COur strategy is to disrupt the high-end food product delivery market.=E2=80=9DIt=E2=80=99s a nice declaration, with one = of the virtues of good strategies: it=E2=80=99s memorable. Unfortunately, it=E2=80= =99s not a Product Strategy: it=E2=80=99s a pitch for Product Chef. It=E2=80=99s= hard to know exactly what success would look like for a =E2=80=9Cdisruption=E2=80=9D... and just as difficult for the teams to adhe= re to this vague framework. A strategy is the framework that allows them to be autonomous: without clarity, they cannot exercise control. -->Read it here ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/owhkhwur= m42x76cq/aHR0cHM6Ly93d3cubGlua2VkaW4uY29tL3B1bHNlL3Byb2R1Y3Qtc3RyYXRlZ3ktZm= FicmljZS1kZXMtbWF6ZXJ5LW9ob3FlLw=3D=3D ) Read it here ( https://www.linkedin.com/pulse/product-strategy-fabrice-des-mazery-ohoqe/ ) How to identify your ideal customer profile (ICP) ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/p8hehquz= w9nrl5ar/aHR0cHM6Ly93d3cubGVubnlzbmV3c2xldHRlci5jb20vcC9ob3ctdG8taWRlbnRpZn= kteW91ci1pZGVhbC1jdXN0b21lcg=3D=3D ) -->Read it here ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/p8hehquz= w9nrl5ar/aHR0cHM6Ly93d3cubGVubnlzbmV3c2xldHRlci5jb20vcC9ob3ctdG8taWRlbnRpZn= kteW91ci1pZGVhbC1jdXN0b21lcg=3D=3D ) Read it here ( https://www.lennysnewsletter.com/p/how-to-identify-your-ideal-customer ) Collaborative Product Strategy Development: A Case Study So we published the strategy internally and shared it around. And that=E2=80=99s the end of it and we lived happily every after, right? Well, no, of course not. A strategy is only as good as the extent to which it influences practical, day-to-day planning and delivery. So even though we felt good (and to a big extent, relieved to be aligned on a bunch of stuff we needed to figure out), the next step was to turn the strategy into an actual plan. -->Read it here ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/6qhehou7= 8pmxd2s9/aHR0cHM6Ly9lbGV6ZWEuY29tLzIwMjMvMDEvcHJvZHVjdC1zdHJhdGVneS1mcmFtZX= dvcmstcHJvY2Vzcy8=3D ) Read it here ( https://elezea.com/2023/01/product-strategy-framework-process/ ) What did you think of this week's newsletter? =E2=80=8B=F0=9F=91=8E ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/7qh7h2uo= 20rdmoc9/aHR0cHM6Ly9oZXJiaWcudHlwZWZvcm0uY29tL3RvL1RhanFqRmJMI2VtYWlsPXN1Yn= NAZW1haWxzaG90LmlvJmZlZWRiYWNrPWJhZA=3D=3D )=E2=80=8B ----------------------------------------------------------------- =E2=80=8BBad ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/7qh7h2uo= 20rdmoc9/aHR0cHM6Ly9oZXJiaWcudHlwZWZvcm0uY29tL3RvL1RhanFqRmJMI2VtYWlsPXN1Yn= NAZW1haWxzaG90LmlvJmZlZWRiYWNrPWJhZA=3D=3D )=E2=80=8B ----------------------------------------------------------------- =E2=80=8B=F0=9F=A4=B7=E2=80=8D=E2=99=82=EF=B8=8F ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/z2hgh7u3= 2oq58ptz/aHR0cHM6Ly9oZXJiaWcudHlwZWZvcm0uY29tL3RvL1RhanFqRmJMI2VtYWlsPXN1Yn= NAZW1haWxzaG90LmlvJmZlZWRiYWNrPW1laA=3D=3D )=E2=80=8B ----------------------------------------------------------------- =E2=80=8BMeh ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/z2hgh7u3= 2oq58ptz/aHR0cHM6Ly9oZXJiaWcudHlwZWZvcm0uY29tL3RvL1RhanFqRmJMI2VtYWlsPXN1Yn= NAZW1haWxzaG90LmlvJmZlZWRiYWNrPW1laA=3D=3D )=E2=80=8B ----------------------------------------------------------------- =E2=80=8B=F0=9F=91=8D ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/6qhehou7= 8pmxdxt9/aHR0cHM6Ly9oZXJiaWcudHlwZWZvcm0uY29tL3RvL1RhanFqRmJMI2VtYWlsPXN1Yn= NAZW1haWxzaG90LmlvJmZlZWRiYWNrPWdyZWF0 )=E2=80=8B ----------------------------------------------------------------- =E2=80=8BGreat ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/6qhehou7= 8pmxdxt9/aHR0cHM6Ly9oZXJiaWcudHlwZWZvcm0uY29tL3RvL1RhanFqRmJMI2VtYWlsPXN1Yn= NAZW1haWxzaG90LmlvJmZlZWRiYWNrPWdyZWF0 )=E2=80=8B ----------------------------------------------------------------- --> ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/25h2h9u2= p7klewi8/aHR0cHM6Ly9oZXJiaWcuY28vYWJvdXQv ) ****************** Who is Tim Herbig? ****************** As a Product Management Coach, I guide Product Teams to measure the real progress of their evidence-informed decisions. I focus on better practices to connect the dots of Product Strategy ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/9qhzhdup= vgo4loiz/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1zdHJhdGVneS1odWIv ), Product OKRs ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/n2hohqu3= 9nz2kls0/aHR0cHM6Ly9oZXJiaWcuY28vb2tycy1wcm9kdWN0LW1hbmFnZW1lbnQtaHViLw=3D= =3D ), and Product Discovery ( https://click.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9/wnh2h6uw= 2rem3zsl/aHR0cHM6Ly9oZXJiaWcuY28vcHJvZHVjdC1kaXNjb3ZlcnktaHViLw=3D=3D ). Enjoy the newsletter? Please forward it. It only takes 2 clicks. Coming up with this one took 2 hours. =E2=80=8BUnsubscribe ( https://unsubscribe.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9 ) | Update your profile ( https://preferences.convertkit-mail2.com/v8u82qq59wcrhxqw0eofghvl7w0llf9 ) | Nonnenrain 2, Erfurt, Thuringia 99096 --f57827b59d77bc2090b969e10b0f587c75139a89d5d00d9490b34a64acd9 Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset=utf-8 Mime-Version: 1.0
Do your choices stack up? =E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2= =80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=E2=80=87=CD=8F=C2= =AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD= =C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2= =AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD= =C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2= =AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD= =C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2= =AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD= =C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2= =AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD= =C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2= =AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD= =C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD=C2=AD
= =
<= td style=3D"vertical-align:top">
Product Practice #336

How to Build a Product Strat= egy That Fits Your Company=E2=80=99s Focus

R= EAD ON

= =E2=80=8BHERBIG.CO=E2=80=8B

PUBLISHED

Oct 4, 20= 24

READING TIME

3 min &am= p; 14 sec

=

=E2=80=8BDear es,=E2=80=8B

Besides being decisive<= /a>, another attribute that can determine the value of yo= ur Product Strategy is how layered it is.

The best way to think of the interplay be= tween the Company and Product layers is the magnitude of overlap between ea= ch of them:

Is the audience you chose for your Pr= oduct part of the prioritized audience by the company?

Is the distribution channel you want = to leverage mastered by the company?

How can you make your offering stand = out using the company's existing differentiators?

So, a critical attribute of a useful Prod= uct Strategy is its ability to fit into the Company Strategy and make coher= ent choices that inform the intentional delivery of Features.

Here's how our exemplary b2b SaaS company= , Analytico, can make use of this:

=

As a company, Analytico had established t= he route of doing one thing really, really well ( web eCommerce tracking) t= hrough a fully integrated solution (as opposed to catering to more use case= s through integrations). For the new predictive checkout optimization f= eatures, this meant not getting lost in all the possibilities of other= checkouts: No tiered pricing or subscriptions.

While stakeholders suggested other checko= uts that could be optimized, the product team could use the established com= pany focus to narrow its perspective on audiences and problems worth solvin= g. Among others, they prioritized GDPR compliance and the ease of use for i= ntegrating with web technologies like Progressive Web Apps (PWAs).

This way, they could reinforce the compan= y's established strengths and increase the chances of succeeding for

Next week, we'll wrap up this miniseries = by looking at how Analytico can ensure its Product Strategy is Exec= utable.

= HOW TO PUT THIS THEORY INTO PRACTICE

  • Did you enjoy this one or have feedback? = Let me know and reply. Hearing from you is what motivates me whenever I sit= down to write this newsletter. If this newsletter isn't for you anymore, y= ou can unsubscribe here.

    Thank you for Practicing Product,

    =E2=80=8BTim=E2=80=8B

    <= tr><= /tr>

    Join my In-Pers= on Workshops in Berlin

    I'm excited to bring my= beloved in-person workshops back to Berlin in January 2025. You can choose= between 1-day workshops on Product Strategy,= Product OKRs, or Product Discovery OR get the full 3-day experience for you or your t= eam.

    LEARN MORE
    = 3D""

    Content= I found Practical This Week

    No= , this is not a Product strategy

    Romuald, proudly: =E2=80= =9COur strategy is to disrupt the high-end food product delivery market.=E2= =80=9DIt=E2=80=99s a nice declaration, with one of the virtues of good stra= tegies: it=E2=80=99s memorable. Unfortunately, it=E2=80=99s not a Product S= trategy: it=E2=80=99s a pitch for Product Chef. It=E2=80=99s hard to know e= xactly what success would look like for a =E2=80=9Cdisruption=E2=80=9D... a= nd just as difficult for the teams to adhere to this vague framework. A str= ategy is the framework that allows them to be autonomous: without clarity, = they cannot exercise control.

    Read it here

    Ho= w to identify your ideal customer profile (ICP)

    =
    Read it here

    Co= llaborative Product Strategy Development: A Case Study

    So we published the strate= gy internally and shared it around. And that=E2=80=99s the end of it and we= lived happily every after, right? Well, no, of course not. A strategy is o= nly as good as the extent to which it influences practical, day-to-day plan= ning and delivery. So even though we felt good (and to a big extent, reliev= ed to be aligned on a bunch of stuff we needed to figure out), the next ste= p was to turn the strategy into an actual plan.

    Read it = here
    =

    What did you th= ink of this week's newsletter?

    =E2=80=8B=F0=9F=91=8E=E2= =80=8B

    =E2=80=8BBad=E2= =80=8B

    =E2=80=8B=F0=9F=A4=B7=E2=80= =8D=E2=99=82=EF=B8=8F=E2=80=8B

    =E2=80=8BMeh=E2= =80=8B

    =E2=80=8B=F0=9F=91=8D=E2=80= =8B

    =E2=80=8BGreat=E2=80=8B

    =

    <= strong>Who is Tim Herbig?

    As a Product Management Coach, I guide Pr= oduct Teams to measure the real progress of their evidence-informed decisio= ns.

    I focus on better practices to connect th= e dots of Product Strategy, Product OKRs, and Product Discovery. <= /tbody>

    Enjoy the newsletter? Please forward it. It only takes 2 = clicks. Coming up with this one took 2 hours.

=

=E2=80=8BUnsubscri= be | Update your profile | Nonnenrain 2, Erfurt, Thuringia 99= 096

3D"" --f57827b59d77bc2090b969e10b0f587c75139a89d5d00d9490b34a64acd9--