Product Lifecycle Management

The product goes through various stages over the life of the product.

So the role of the product manager will vary throughout the lifecycle of the product.

Here’s a list of stages to consider:

Planning — the product manager spends time with customers and industry experts to understand the market.

A deep understanding of the market and customer needs is required.

Design — the product manager spends time with the developers designing the product.

An understanding of the basic technology is required.

Building — the product manager spends time with the development team building the product.

Project management skill to implement the technology is required.

Testing — the product manager spends time with beta customers and lead users testing the product.

A knowledge of the customer and their application is required.

Launch — the product manager spends time with initial customers promoting the product.

Marketing skills and promotion are required.

Maintenance — the product manager spends time with new customers identifying new features to build into the product.  

Project management skills are required to keep the product moving forward.

The product manager’s job spans from research to building to selling the product. 

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

---

Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.

Copyright (c) 2024, Hall Martin and investorconnect.org. All rights reserved.

Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.