AIPMM CPM CERTIFICATION WITH NGN
Product lifecycle phases - Answer Conceive, plan, develop, qualify, launch, deliver, retire
Name 5 key deliverables during product lifecycle and the phases they are important - Answer Strategic plan, competitive analysis, market trends, MRD, business case, PRD, product roadmaps, marketing strategic plan, Beta program plan, launch plan, marketing plan, end of life plan
Product lifecycle knowledge areas - Answer Business, market, organization, product, customer
Marketing objective for commercialization strategies - Answer Introduction - Gain awareness
Growth - Stress differentiation Maturity - Maintain brand loyaly Decline - Harvest and deletion
Product - Answer A good or service offered by an organization which affords a bundle of benefits both objective (physical) and subjective (image) to a user
Goods - Answer Goods marketing relates to selling physical products - durable and nondurable
Service Goods - Answer Rented goods services, owned-goods services, non-goods services; shared services (consolidated and shared services by different units within an organization - finance, HR, security)
Product lifecycle stages - Answer 1. Introduction 2. Growth
3. Maturity
4. Decline
Product manager - Answer Product Managers investigate, select, and drive the development of products for an organization, performing the activities or product mgmt.
Product Marketing Manager - Answer Act as the voice of customer to the rest of the product team and company.
Business Model - Answer Framework that describes the rationale of how an org. creates, delivers, and captures value
Reasons for business model - Answer Describe & classify businesses Explore opportunities
Public reporting purposes
Allows managers to focus on value creation
Business Case - Answer Supports planning & decision making - whether to buy, which product to bring to market, which vendor to choose, when to implement
Captures reasoning for creating/enhancing
Helps students with ALL BEST Revision; Guides,Exams,Summaries,Test Banks ...etc.WISHING YOU SUCCESS
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