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Dacey Rankins

добавлена новая статья Business
2025-08-18 13:30:56 -

How Can Your Product Be Improved or Differentiated?
In today’s competitive marketplace, no product exists in isolation. Customers often have dozens of alternatives, and their expectations evolve rapidly. For a product to remain relevant and competitive, it must continually be improved and differentiated from competitors. Improvement ensures the product keeps up with customer needs and technological progress, while differentiation creates...

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Dacey Rankins

добавлена новая статья Business
2025-04-30 12:55:59 -

How Do I Get Customers and Deliver Value?
One of the biggest challenges entrepreneurs face isn't just building a product—it's attracting customers and delivering meaningful value that keeps them coming back. No matter how innovative your offering is, if customers aren’t discovering it, experiencing impact quickly, and feeling satisfied over time, growth will stall. To build a thriving business, founders must constantly ask...

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Dacey Rankins

добавлена новая статья Business
2025-08-15 20:34:49 -

How Do Product Managers Prioritize Features?
Feature prioritization is one of the most challenging tasks for product managers. With limited resources and competing demands, PMs must decide what to build next. The process begins with gathering inputs from customers, sales teams, engineers, and executives. Each group has different perspectives, from customer needs to technical feasibility. PMs then use frameworks to evaluate options....

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Dacey Rankins

добавлена новая статья Business
2025-08-21 16:33:32 -

How Do You Create or Develop a Product Strategy?
A well-crafted product strategy is the cornerstone of every successful product. Without it, teams risk wasting resources, building features nobody wants, or getting caught in reactive cycles to competitor moves. Developing a strong product strategy is both an art and a science—it requires a deep understanding of the market, customer needs, competitive landscape, and organizational goals....

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Dacey Rankins

добавлена новая статья Business
2025-07-25 14:06:54 -

Improvement Suggestions: How to Turn Customer Input into Action
No product or service is perfect—but listening to your customers can bring you closer. Asking open-ended questions like “How could we improve?” or “What features do you value most or least?” is a simple yet powerful way to gather actionable insights. Customers use your product every day in real-world contexts, and they often notice friction points or needs long...

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Dacey Rankins

добавлена новая статья Business
2025-01-09 15:23:12 -

What is a business model?
A business model is a crucial component of any company, whether it's a startup or an established enterprise. It essentially defines how a business creates, delivers, and captures value. In other words, a business model outlines a company's plan for generating profit. It details the products or services offered, the target markets, and anticipated expenses, serving as a roadmap for both internal...

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Dacey Rankins

добавлена новая статья Business
2025-08-21 16:28:42 -

What is Product Strategy?
Every great product begins with a vision, but vision alone is not enough to ensure long-term success. What bridges the gap between vision and execution is product strategy. Without it, teams risk building features in isolation, chasing trends, or reacting to competitors without a clear sense of purpose. A strong product strategy aligns teams, guides decision-making, and connects customer needs...

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Dacey Rankins

добавлена новая статья Business
2024-12-18 16:44:40 -

What is the Difference Between a Business Plan and a Business Model?
This question often comes up as people try to clarify the distinction between two critical elements of business strategy: the business plan and the business model. While both are essential for launching, running, and growing a business, they serve different purposes and provide different insights into the operations and future direction of a company. Understanding the difference between these...

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Dacey Rankins

добавлена новая статья Business
2025-03-24 15:20:37 -

What is the Role of Market Research in Ideation?
When it comes to launching a successful startup, having a great idea is just the beginning. The real challenge lies in developing a product or service that resonates with your target audience and stands out in the market. This is where market research plays a crucial role. Market research helps you gain a deeper understanding of the market, identify customer needs, and assess the competitive...

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Dacey Rankins

добавлена новая статья Business
2025-08-12 15:40:45 -

What Makes Your Company Better Than Competitors?
This question invites employers to highlight their unique strengths and competitive advantages. It not only helps candidates understand what sets the company apart but also reveals how the company views its market positioning and values. Why Ask This Question? Identify Unique Value: Learn about the company’s mission, culture, products, or services that distinguish it. Gauge...

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