Glossary

Technical debt is a cost, with software software and outputs being maintained and upgraded over time. It's a metaphor for investing in short-term progress versus spending variable spending over long-term lives

Product update is the process of releasing new features, improvements, and bug fixes to a product. It is an important aspect of product management, as it helps keeping in touch with users, ensure that a product stays relevant and competitive in the market.

As a SaaS product, the success of its implementation depends in large part on the ability of its users to adopt it and make use of it. The company must make sure that their product is intuitive and easy to use, as well as provide features that meet the needs of the end user.

In product management, user segmentation is an important tool that can help a team to understand their users and tailor their product to meet the specific needs of different groups.

As a product manager at a software as a service (SaaS) company, identifying and targeting the right audience is crucial to your role. This blog is designed to explore how product managers can identify the target audience for a SaaS product effectively in order to ensure its success.

Team management is the process of organizing and coordinating a team of people in order to achieve a common goal. It involves setting goals, dividing tasks, and ensuring that each team member has the resources they need to complete their task.

Product positioning is the strategic placement of a product in the marketplace. It is the process of creating an identity for a product in the minds of consumers, so that they can understand and appreciate its purpose and value.

Feature-specific adoption is the process of selecting, implementing, and using a specific software feature. This type of adoption is often seen in businesses or organizations that have a need for a particular function or set of features.

Customer awareness is the ability to understand what customers want and need from a product or service. It involves understanding their pain points, their goals, and what they value most.

In digital product management, team alignment is critical to success. It ensures that everyone on the team is working towards the same goals and objectives, and that they understand how their individual roles fit into the bigger picture.

Value proposition is a term used in marketing and business strategy to describe the unique selling point (USP) of a product or service.

Product leadership is a term that is used to describe the role of an individual within an organization who is responsible for managing and developing products. This individual is typically involved in all aspects of the product life cycle.

The goal of any digital product manager is to create products that users need and want. In order to do this, they must understand what users need and want, as well as what the market needs. This can be a challenge, as it requires research, planning, and analysis.

Customer segmentation is the process of dividing a customer base into distinct groups of individuals that share similar characteristics. Businesses use customer segmentation to better understand their target market and develop marketing strategies that are tailored to specific groups of customers.