Karan Lakhanpal’s Post

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Sterling Hospitals DMS, Jodhpur

Product management for revitalizing a product from scratch to achieving great success is an exciting and multifaceted process. Here’s how it can be done, using some good emojis along the way: ### 1. Research & Insights 🔍 The journey begins with deep market research and analysis. Dive into customer needs, pain points, and market trends. Look at competitor products and see where they fall short. Gather insights that will guide the rebirth of the product. ### 2. Conceptualization & Planning 🧠 Using the insights gathered, brainstorm and develop a fresh product concept. Focus on how the product can be unique and add value. Define your product roadmap, setting clear goals and timelines. ### 3. Design & Development 🎨🛠️ Collaborate with design, engineering, and other teams to create a compelling product. Use iterative prototyping and testing to ensure the product meets user expectations and is solving real problems effectively. ### 4. Marketing Strategy & Launch 🚀** Plan a targeted marketing campaign to generate excitement and awareness around the product. Utilize social media, email campaigns, and other channels to reach your target audience. The product launch should be smooth, well-coordinated, and in line with your goals. ### 5. Customer Engagement & Feedback 💬❤️ After launch, engage with customers to collect feedback and measure product performance. Use their insights to make data-driven decisions for future iterations and improvements. Keep your communication open and friendly. ### 6. Scaling & Expansion 📈🌍 As your product gains traction, focus on scaling operations and expanding your customer base. This may involve expanding to new markets or enhancing product features. Stay agile to adapt to changing customer demands. ### 7. Continuous Innovation 🔄✨ The journey doesn't end with a successful launch or scaling. Continuously innovate and evolve the product to stay ahead of market trends. Look for opportunities to add new features and improve existing ones. ### 8. Team Collaboration & Communication 🤝💬 Effective teamwork and open communication are essential throughout the process. Keep all stakeholders aligned and informed to ensure smooth collaboration and progress toward common goals. #Rebirth#Product#ProductManagement

Karan Lakhanpal

Sterling Hospitals DMS, Jodhpur

6mo

Thanks Sir

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Karan Lakhanpal

Sterling Hospitals DMS, Jodhpur

6mo

Yes Sankalpa Sarkar

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Embracing change, as Heraclitus said, is key to success. Product revitalization reflects this, blending innovation with market needs. 🔄✨ Keep pushing boundaries!

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Vikas Tiwari

Co-founder & CEO 🎥 Making Videos that Sell SaaS 💡 Explain Big Ideas & Increase Conversion Rate!

6mo

That's a solid plan. Research, design, launch, engage, innovate - nailed it

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Interesting points Karan Lakhanpal, 5. is key for me .

Sankalpa Sarkar

Product, Growth and Gen AI | Walmart - MobiKwik | IIT-IIM | Fintech, E-commerce & Banking | 3x Awarded Product Leader | Top Voice | Author

6mo

The life of a Product Manager is well explained. Add: Experimentation too.

Sachin Sharma

Product Career Coach ~ Mentor IT Professionals to Become Elite Product Managers In 90 Days || Aspiring PMs Resources & 1:1 Call (it's free) ↓

6mo

This so value packed post Karan Lakhanpal

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