September 13th, 2006
Product Management: Part 2
Thanks to my compatriot Brian, Part 1 was a great success. It even got picked up on Red Canary. Part 1 also spawned some great discussions whose theses led me to this installment. Product Management…what the heck is Product Management?
Wikipedia defines product management as:
“…a function within a company dealing with the day-to-day management and welfare of a product or family of products at all stages of the product lifecycle.”
Pretty vague eh? Unfortunately, it’s not only Wikipedia that is vague on the subject. Everyone is. Almost everyone you talk to has their own definition of what a good product manager should do. The diagram in the previous post sort of summarizes it: everything. Once again, for the sake of limiting scope, I’ll focus on the software/web app world a la web 2.0.
To me a product manager is ultimately responsible for the success of a product. Success in terms of marketing messaging, features, usability, aesthetics (if it’s not pretty, I don’t want to use it), and revenues/eyeballs (depending on what matters). In the Web 2.0 world, which is the realm of startups for the most part, that means you are
- the product evangelist (blogger, networker, marketing copy writer)
- the UI designer (decide on features, draw up wireframes)
- the babysitter (drive the release schedule)
- the fashionista (work with designers to ensure you get the right look)
- the sales director (keep a close eye on revenue, oversee the sales efforts)
For better or worse, the larger the organization gets, the less you end up actually doing. You get a marketing person, you get a usability expert, you get a project manager, you get a sales team complete with a director. What you do get to keep close to your heart is the definition of what your product does (the features), and manage how that gets implemented. I, personally, try to keep the UI designer role as much as they’ll let me. I’m good at it, and it’s the most enjoyable part! I also believe it’s core to product management in the web 2.0 world. Your product feature set and usability either make or break you in the eyes of your customers. In many cases, there are a dozen competitors or alternatives, many of them free. You have no direct sales team, so your product has to speak for itself. With the help of good marketing, of course.
So, am I right, or am I a control freak? Should I just bugger off and leave the UI stuff to some specialist, or should I try to be the expert? Perhaps I should just try and become the “marketing girl” everyone keeps trying to make me.
Should you become the “Marketing Girl”???
Well I’m really not sure what that means to you, which I think I should be able to figure out as you use the word “Marketing” 5 times in your article….plenty of clues you would think eh! You stress the importance of “good marketing” and yet all it seems to be is messaging and copy writing… I am not sure that is what you really mean.
Like “Product Management” and “Love” the word marketing seems to have various meanings - Websters says “mar‧ket‧ing [mahr-ki-ting] is a noun, refering to the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling.”
Hmmm I say sure ok but it sounds more like sales and logistics. Not a definition up to the pace of our 2.0 universe.
For me Marketing is a Verb - it is the analysis and re-analysis of our observations of our products in their ecology (as in my diagram posted earlier).
It is that part of the cycle where we take our customers use history and feedback - in the context of our competitors and trends - and analyze it with the express purpose of questioning and challengeing our own oh-so-dearly held ideas of what features define our product. And THEN effect those changes that give our product new life.
I do agree that the Product Manager certainly has to be the evangelical fashion-designing baby-sitting salesman - however it is the ‘Marketing as a Verb’ that defines the process of ensuring you are actually making something that your customers want - something that offers more value than your competitors.
So should you become the “Marketing Girl”???
I would say you already are - you just don’t know it. And more to the point - I believe that if you really can ‘Market as a Verb’ on purpose, and make a point of constantly challenging your own most closely held assumptions about what features are REALLY needed by your customers, you will be a much more efficacious Product Manager (and NEVER be accused of being a Control Freak!).
and as always…
Have FUN!
:^)
Brian