Question Page

How do you balance investing in competitive differentiation with building for customer retention?

Abhiroop Basu
Square Product Lead, Payments1y
Those aren't mutually exclusive. But, customer retention is a marathon, while differentiation is a sprint. Customer retention is crucial for long-term success, while diff...
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761 Views
Sheila Hara
Barracuda Networks Sr. Director, Product Management2y
Here’s how we approach this balance at Barracuda, taking inspiration from Cagan’s principles:Deep Customer Understanding: We prioritize deep customer insights through con...
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658 Views
Derek Ferguson
GitLab Group Product Manager1y
Balancing this is a delicate act that requires constant reassessment and a strategic approach. It's essential to recognize that both competitive differentiation and custo...
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1111 Views
Sandeep Rajan
Patreon Product Leader4y
I generally don't believe in investing in differentiation for differentiation's sake – if the feature doesn't solve a core customer need then I'd have a hard time priorit...
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1265 Views
Melissa Ushakov
GitLab Group Manager, Product Management2y
When building a product strategy, you want to focus on identifying your target users and creating a plan to solve their biggest problems. You'll consider your product's u...
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654 Views
Pavan Kumar
Gainsight Director, Product Management | Formerly Cisco1y
Balancing investment in competitive differentiation with customer retention involves a strategic approach that ensures sustainable growth and loyalty. Few pointers (in no...
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501 Views
The balance changes based on the context of the business so as a first step, product leaders need to be fully in-tune with the business. For example, if churn is high, yo...
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970 Views
Jacqueline Porter
IBM Product Management2y
These don't have to be mutually exclusive. In many of the companies I worked in the install base actually were former users of old products and had some legacy tools stil...
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384 Views
Manjeet Singh
Salesforce Senior Director of Product Management1y
Focus on the Core, Expand with PurposeFirst focus on growing and protecting your core (what product area is a cash cow for your business). Always play by strength before ...
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532 Views