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Glossaries

Product Discovery

What is Product Discovery?

Product Discovery is a crucial phase in product management where teams explore and validate product ideas, user needs, and potential solutions before committing to full-scale development.

Synonyms: Idea Validation, Product Exploration, User Research Phase, Problem-Solution Fit

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Why Product Discovery is Important

Product Discovery is essential for creating successful products that meet user needs and business objectives. It helps teams:

  1. Reduce the risk of building the wrong product
  2. Save time and resources by validating ideas early
  3. Align stakeholders on product vision and goals
  4. Uncover innovative solutions to user problems

How Product Discovery is Conducted

Product Discovery typically involves the following steps:

  1. Identifying user problems and needs through research
  2. Generating and prioritizing potential solutions
  3. Creating prototypes or minimum viable products (MVPs)
  4. Testing and validating ideas with users
  5. Iterating based on feedback and learnings

Examples of Product Discovery Techniques

Several techniques can be used during Product Discovery:

  • User interviews and surveys
  • Competitive analysis
  • Prototype testing
  • A/B testing
  • Customer journey mapping
  • Design sprints

Frequently Asked Questions

  • What's the difference between Product Discovery and Product Development?: Product Discovery focuses on identifying and validating product ideas, while Product Development is about building and delivering the actual product.
  • How long should Product Discovery take?: The duration varies depending on the project, but it typically ranges from a few weeks to a few months.
  • Who should be involved in Product Discovery?: Product managers, designers, researchers, and sometimes engineers should participate in Product Discovery activities.
  • Can Product Discovery be skipped?: Skipping Product Discovery increases the risk of building products that don't meet user needs or business goals, potentially wasting time and resources.
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