Essential product development terms every founder should know
A controlled experiment methodology for comparing two versions of a product, webpage, or feature to determine which performs better based on statistical evidence.
A systematic methodology for discovering and validating customer problems, needs, and market opportunities through direct customer interaction and feedback.
Legal rights that protect creations of the mind, including inventions, artistic works, designs, symbols, names, and images used in commerce.
The process of repeatedly refining and improving a product, feature, or process based on feedback and learning.
A framework for understanding customer motivations based on what they are trying to accomplish.
A visual project management method that uses boards and cards to track work progress and optimize workflow.
A methodology for developing businesses through rapid experimentation and validated learning.
The simplest version of a product that can be released to validate core assumptions with real users.
The process of introducing new users, customers, or employees to a product, service, or organization.
The degree to which a product satisfies strong market demand, indicating that customers are willing to pay for and use the product.
Systematic processes and activities to ensure products or services meet specified requirements and standards.
The future cost of additional work caused by choosing quick solutions over better approaches during development.
A sequence of tasks and processes organized to accomplish specific business objectives efficiently.