Product Strategy Playbook

Pillar Two: The Product

A step-by-step guide for Product Leaders wanting to create a winning product strategy.

Introduction to Product Strategy

Chapter 1 Why use the Product Strategy Playbook?

Chapter 2 About the Product Strategy Framework

Chapter 3 Pillar One — The Customer

Chapter 4 Pillar Two — The Product

Chapter 5 Pillar Three — The Company

Chapter 6 Pillar Four — The Competition

Chapter 7 Real-life Example: Kijiji Autos Mobile App

Chapter 8 Assessing your Results

Chapter 9 Entering the Market

Chapter 10 The Death of the MVP

Chapter 11 Putting it into Practice

About the Author

About Product Faculty

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The next Pillar in the framework is the Product Pillar. There are 3 elements within the Product Pillar that you must evaluate:

Unfair Advantage

Overview

The focus of this element is to evaluate the depth of your domain expertise, experience and/or connections and how well they serve you in building the product.

Why is this important?

If you have little to no expertise, experience and/or connections, you have no significant advantage over your competitors.

Reach

This element evaluates the strength of your reach across various distribution channels.

It doesn’t matter how good your product is if no one knows about it. Although you could build up reach from scratch, it requires time and effort. You need to factor in this time and effort to get a sense of how quickly you can grow your product.

Replicability

This element evaluates your competitor’s ability and likelihood of copying your Product’s feature set.

Anyone of the tech giants has the capability to enter almost any field and replicate almost any feature set they choose. However, unless it fits in with their current roadmap, it's unlikely that they will do so. This element asks you to consider the ability and likelihood that your competitors would/could replicate your feature set.

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