The Product Folks

🌟List of Top Product Management tools to use in 2024 🌟 Choosing the right tools can have a significant impact on how effectively your team does the work. This is one of the most crucial part of a Product manager's job. How to choose the right tools for your product? 🤔 We have so many tools available online nowadays, even though it is good for us to have options, but having too many tools available poses a dilemma. And we are standing and questioning ourselves about how to make the right choice from this pool of options we have. Every Product manager, at one stage or another, has been in this dilemma of choosing the right tool for the team. And the decision-making itself is a bit harder when we are not quite sure of how exactly we go about choosing the best tools for our Product.  While deciding which tools to use, keep the following points in mind: Step 1: Define Product requirements 📑 - Identify Core Needs: Understand the fundamental needs of your product. What problems does it solve? And what features can we add to make it more efficient? The tools should blend with your Product management methodology. - User Requirements: Figure out the expectations of your users for your product. Gather feedback through surveys, interviews, or user testing. Step 2: Research and Analyse the tools 👩💻 - Market Research: Look into the tools available in the market that can fulfil your product requirements. Use online reviews, Peer recommendations etc. - Feature Comparison: Compare the features of different tools to see which ones align best with your product's needs. - Usability: Evaluate how easy it is to use each tool. And if it is blending in with your team’s workflow and adding value. - Integration: Check how well the tool integrates with your existing systems and processes. Look for tools with open APIs or pre-built integrations. Step 3: Analyse Cost and Budget 💰 - Balance: Find a tool that satisfies the majority of your needs while fitting into your budget by striking a balance between the features provided and the pricing structure. Step 4: Conduct a Trial Run & get feedback 🗣️ - Free Trials and Demos: Take advantage of free trials or demos to test the tools in a real-world scenario. This helps you see how the tool performs with your specific requirements. - Team Feedback: Involve your team in the evaluation process. Gather their feedback on the tools' usability, performance, and overall fit. - Final Decision: Based on the evaluations and feedback, choose the tool that best meets your product’s needs. Follow these steps to avoid making the wrong decision!

Everyone can Duolingo, you can too😎 Millions obey Duo’s commands. Duolingo has everyone hooked from Bill Gates, Khloe Kardashian, and Jack Dorsey to Syrian refugees in Turkey. The idea for Duolingo emerged from von Ahn's prior work on reCAPTCHA, a project that aimed to digitize books through human verification tasks on the internet. Duolingo's growth was rapid and impressive. Its popularity was fueled by its user-friendly interface, engaging gamification elements, and the fact that it was completely free. 💡 A little background on Duolingo would help you understand it better: - Duolingo, founded in 2011 by Luis von Ahn and Severin Hacker, is a language-learning platform accessible via web and mobile apps. - Originally aimed at providing free language education, Duolingo offers courses in over 40 languages, including popular options like Spanish, French, and Mandarin. - Users learn through interactive exercises, quizzes, and games that adapt to their learning pace and style. - Duolingo's gamified approach makes language learning engaging and accessible to millions worldwide. - In 2012, Duolingo launched its mobile app, expanding its reach and usability.  - By 2023, it had amassed over 500 million downloads globally, cementing its status as a leader in online language education. 💸 Duolingo’s Growth over the Years: - $531 million revenue in 2023 - 500M total registered users - 80M monthly users - 100 courses offered ⭐️ What makes them stand out? Duolingo’s unique selling point is its gamified approach to language learning. It makes education fun and accessible by integrating game-like features such as rewards, levels, and progress tracking. This approach not only enhances user engagement but also improves retention and learning outcomes. Duolingo's freemium model, offering high-quality education for free with optional premium features, has democratized language learning globally. 📈Check out how Duolingo scaled rapidly and emerged as a major player

AI - The Next Internet? 🤔 If you think AI is just a buzzword, think again. As someone who witnessed the birth of the internet, can tell you – AI is the real deal, and it's transforming everything. 🚀 🔍 Looking for more such real-world takeaways? We've got you covered! 🎙️ Super excited to launch our latest podcast episode of Founders Playbook Edition, featuring Sandeep Johri, CEO of Checkmarx. 💡 What you'll discover - 🔹 The essential mindset and traits every founder needs. 🔹 Proven strategies for scaling your startup to new heights.  🔹 Why market timing and customer feedback are your secret weapons. 🔹 The future of AI and its revolutionary impact on the tech industry.  🔹 Sandeep's personal insights and invaluable advice. 👉 Hosted by Suhas Motwani, this is more than just a podcast - it's a masterclass in entrepreneurial success. Sandeep’s insights on AI, entrepreneurship, and scaling companies are invaluable. Don't miss your chance to learn from one of the best in the business! 💯 🎬 Tune in NOW: https://lnkd.in/dSuw3TXj

🚀 AI Tools for Product Managers in 2024 🚀 In the rapidly evolving landscape of 2024, AI tools have become indispensable for Product Managers striving to stay ahead of the curve.  Leveraging artificial intelligence not only enhances efficiency but also drives innovation, making it crucial for us to integrate these tools into our daily workflows. Why AI Tools are Important? 👀 🔍 Enhanced Decision-Making: AI tools provide valuable insights from vast amounts of data, helping us make informed decisions faster and more accurately. 📈 Improved Productivity: Automating repetitive tasks allows us to focus on strategic planning and creative problem-solving, significantly boosting our productivity. 👥 Better Customer Understanding: AI-powered analytics help us gain deeper insights into customer behavior and preferences, enabling us to create more personalized and impactful products. 🚀 Accelerated Development: From idea generation to product launch, AI tools streamline the entire product development process, reducing time-to-market and increasing our competitive edge. As Product Managers, your role is to navigate the complexities of product development while keeping an eye on innovation. AI tools not only simplify our tasks but also open new horizons for creativity and strategic growth. By embracing these technologies, we can better meet the demands of today’s fast-paced market and lead our teams to success. To know more about such useful tools, and insightful deep dives on product management - sign up for our weekly newsletter: https://lnkd.in/graEmgRk Let’s harness the power of AI to build better products and drive the future of innovation! 💡🤖 #ProductManagement #AI #Innovation #ProductDevelopment #TechTrends2024 #Productivity 

✨35 Companies hiring for Product Management roles✨ Joining a rapidly growing startup or a well established company may significantly strengthen your professional career. These companies are expanding rapidly, and they are searching for bright minds just like you! Check out these job listings, and tag your friends in the comments below so they can find and apply for their perfect job too.💯 1. Amaha - is hiring an APM in Mumbai 2. Victoria’s Secret & Co. - is hiring a Product Owner in Bengaluru 3. Setu - is hiring an APM in Bengaluru 4. Hike - is hiring an APM for a remote role 5. One Impression - is hiring a PM in Gurugram 6. Nykaa - is hiring a Principal PM in Bengaluru 7. Zyoin Group - is hiring a SPM in Bengaluru 8. Motorola Solutions - is hiring a PM consultant in Bengaluru 9. ANSR - is hiring an APM in Bengaluru 10. Setu - is hiring a PM Intern in Bengaluru 11. Yahoo - is hiring a PM for a remote role 12. airtel - is hiring a Growth Product Manager in Gurugram 13. Purplle.com - is hiring an APM in Mumbai 14. Infiniti Research Ltd. - is hiring a PM in Bengaluru 15. Revolut - is hiring a Product Strategy Manager for a remote role 16. Exela Technologies - is hiring a Product Head in Pune 17. AccuKnox - is hiring a PM Trainee for a remote role 18. MakeMyTrip - is hiring a PM in Gurugram 19. AppsForBharat - is hiring an APM in Bengaluru 20. Servify - is hiring a Product Owner in Mumbai 21. Bosch - is hiring a Product Owner in Bengaluru 22. Google - is hiring a PM in Bengaluru 23. Swiggy - is hiring a PM for a remote role 24. Tripadvisor - is hiring a SPM for a remote role 25. Visa - is hiring a Technical PM in Bengaluru 26. Weekday (YC W21) - is hiring a PM in Bengaluru 27. BharatPe - is hiring a PM in Gurugram 28. Adobe - is hiring a SPM in Noida 29. Microsoft - is hiring a SPM in Bengaluru 30. Intuit - is hiring a SPM in Bengaluru 31. Healthify - is hiring a PM in Bengaluru 32. Observe.AI - is hiring a PM in Bengaluru 33. Atlassian - is hiring a Principal PM in Bengaluru 34. HackerRank - is hiring an SPM- Data for a remote role 35. PayPal - is hiring a Technical PM in Chennai 36. Disney Hotstar - is hiring an SPM in Mumbai and Chennai 37. Incred - is hiring an APM in Guntur 38. PwC - is hiring a Product Owner in Hyderabad 39. Mr. Cooper - is hiring a PM in Chennai 40. Crossover - is hiring a SPM for a remote role Comment below 👇 “Job link” and we will provide you with a comprehensive sheet for the PM job hirings!🔥

LinkedIn X WIP 4th edition was freakin’ awesome! 🥳 This alliance just renewed itself to new heights as we hosted our fourth session exclusively for our members!😎  Let us give you a sneak peek into our invite only event💌 Diving deep into All things AI, our members had no less than a crash course on fundamentals like GEN AI, prompt engineering and AI use cases for practical applications in product, courtesy Malthi SS (Product Coach), Richa Singh, Subroto Bagh and Neha Garg. Some of the key insights were: 👉Use-case specific : Use AI as a tool to supplement your user-journey and curate experience for specific use-cases. Figure out in which step would AI suit the most. 👉AI in Product- Discussed how AI is transforming the Product landscape. 👉No generalization: Accuracy cannot be discounted. A little learning on the workings of AI models helps a long way. 👉Explore : With multiple GenAI models available and growing- it is vital to explore the AI responses for some and set the tone accordingly. Keep in mind the desired outcome and iteratively play with the prompts. Well, that was just the tip of the ice-berg, attendees had learning session no less than a goldmine. To add cherry on the cake, members were welcomed with customized hand-made goodies 🎁 😍 Many such curated experiences await for the upcoming months. Join WIP for more such exclusive sessions  https://tally.so/r/mOVXRn

Imagine Family Guy 😎 characters as your PMs! 💼 Who's your favorite character from the series? 📺 Let us know in the comments below 👇 Follow The Product Folks to PM the right way!

Incorporating inclusivity into the HDFC app 🕵️♀️ To make tech accessible for all, IPMF - Belongg gave a challenge to create inclusive solutions - How might a widely used banking app like HDFC Bank be redesigned to better serve users with visual impairments?🕶️ Check out this incredible deck from our April Product Teardown, created by Arjun Raina 🚀 Let's take a look at some important key points from the solution ⬇️ 📊 Conducted an effective market and competitive analysis of competitors and identified the TAM, SAM, and SOM for digital banking services in India 👥 Developed comprehensive user personas for the HDFC app, detailing various customer segments to better understand and cater to their specific needs and preferences. 🌊 Developed a detailed user flow for the HDFC app to improve understanding and usability 🔎 Presented research on the challenges faced by visually impaired users while accessing the app and identified tool that will enhance their experience 📲 To make the HDFC app tech-inclusive, Arjun proposed implementing comprehensive accessibility features and making changes to the UI/UX 🔲 Outlined a detailed feature prioritization and value proposition for the HDFC app enhancements 🗺️ Charted out key metrics to track and business impact of the proposed solution Arjun Raina's thorough approach guarantees that the product not only meets community needs but also achieves measurable success.🙌🏻 To have your hands-on on such creative problem statements and draft innovative solutions, stay TUNED with The Product Folks! 🤝 #productteardown #ipmf #april2024 We recently launched our new podcast series "Growth", go checkout 🐾 https://lnkd.in/dwP2YA6X

Netflix: Journey from Mailbox to Mainstream 📺 “See what's next.” 💡 A little background on Netflix would help you understand it better: - Netflix was founded in 1997 by Reed Hastings and Marc Randolph. - Initially, it started as a DVD rental service, providing a novel approach by allowing customers to rent DVDs online and receive them by mail. - In 2007, Netflix introduced streaming media, allowing subscribers to watch television shows and movies on their personal computers instantly. - Over time, it rebranded itself as a streaming service, becoming synonymous with binge-watching and on-demand entertainment. - Using Netflix is straightforward: subscribers sign up for a monthly plan, gaining access to a vast library of movies, TV shows, documentaries, and original content. 💸 Netflix’s Growth over the Years: - Has more than 230 engaging users. - It is available in 160 countries - Revenue in 2023: $33.7B - Number of Subscribers in 2023: Over 232 million - Original Content: Over 1,500 original titles produced ⭐️ What makes Netflix stand out? Netflix’s unique selling proposition lies in its vast content library, personalized recommendations, and user-friendly interface. The company has invested heavily in original content, producing critically acclaimed series like "Stranger Things," "The Crown," and "The Witcher." Its algorithm-driven recommendations ensure that users discover content tailored to their tastes, enhancing their viewing experience. 📈Check out how Netflix scaled rapidly and emerged as a major player

Take a BREAK! ✋🛑 Yes, you read it right. It's time for you to take a break. A break from your roadmaps, backlogs, and PRDs to relax, connect, and have a great time. And how do you do that? Join us for an incredible evening in your city and let the vibes light up your face. Come for the Chai, stay for the vibes! 😎 Swipe right, to take a sneak peek at our previous GrabChai events >>>> We are thrilled to announce that the ☕ GrabChai Registrations Are Now LIVE for next week's events! Save the date and get ready to level up with @The Product Folks! Click the link in the first comment to register. Spots are limited, so secure your place now! Details for the event happening in each city are below: 📍 Singapore - Join us for an enlightening event where we take a deep dive and demystify some of the common myths about Product Management, in partnership with Antler & Women in Product SG  📆 25th July, 7 pm - 9:30 pm 📍Jaipur -  Join us for an amazing evening and Connect with top PMs, visionary startup founders, and fellow product leaders. 📆 20th July, 2 pm- 5 pm 📍 Bhopal- In collaboration with LNCT Group of Colleges we bring to you an evening of learning and highly driven Product enthusiasts under the same roof. 📆 20th July, 3 pm- 5 pm 📍 Pune- Join us at the event to engage in discussions and gain fresh perspectives and innovative ideas from industry leaders, in collaboration with ThriveStack 📆 20th July, 3 pm- 5 pm 🔗 Link to register- https://lu.ma/Grabchai Whether you're an experienced product manager or just starting your journey, this event is your chance to connect with industry peers and share experiences. These are invite-only events, RSVP NOW! Don't miss out! 🎉