“Every business needs to know why the sales of its product are rising or declining. Products will drift into decline when it no longer satisfies a need or a competitor offers something better…”
Course Overview This course introduces basic concepts used to define products and services, how to identify and categorize them, and actions that should be performed at various stages of its life cycle to extend its value proposition to its customers. Business Lab The business lab includes exercises and case studies that will allow you to apply the ideas from this course and develop the required skills in the following areas: Product management is about organizing the relevant activities and functions around the lifecycle of a product. It is an integration of people, data, processes, and business systems used to develop a product’s roadmap and strategy. Product management typically consists of the complementary use of product development and product marketing techniques with the objective of forecasting sales, market share, and profit/loss.