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10 strategies and tactics for Product Manager

What is Product Manager strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Crafting the perfect Product Manager strategy can feel overwhelming, particularly when you're juggling daily responsibilities. That's why we've put together a collection of examples to spark your inspiration.

Transfer these examples to your app of choice, or opt for Tability to help keep you on track.

How to write your own Product Manager strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Product Manager strategy examples

You will find in the next section many different Product Manager tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for helping a junior product manager grow in her career

  • ⛳️ Strategy 1: Provide mentorship and guidance

    • Pair her with a senior product manager for regular mentorship sessions
    • Set up monthly one-on-one meetings to discuss challenges and goals
    • Encourage her to ask questions and seek advice from experienced colleagues
    • Introduce her to industry best practices and relevant resources
    • Highlight areas of improvement and offer constructive feedback
    • Suggest relevant books, articles, and courses for continuous learning
    • Conduct mock presentations to build her confidence and skillset
    • Encourage her to take on small leadership roles within projects
    • Provide her with challenging but manageable tasks to grow her capabilities
    • Create opportunities for her to shadow other senior product managers

  • ⛳️ Strategy 2: Foster a culture of continuous learning and development

    • Encourage her to attend industry conferences and seminars
    • Provide a budget for her to enrol in relevant online courses or certifications
    • Set up a monthly 'book club' with the product team to discuss recent industry literature
    • Arrange for her to participate in product management webinars
    • Create a monthly 'lunch and learn' session where team members share knowledge
    • Encourage her to join product management communities or forums
    • Ensure she has access to the latest industry tools and technologies
    • Support her participation in company-sponsored training programmes
    • Arrange for cross-functional training to broaden her understanding of other roles
    • Help her set up a personal development plan with specific, measurable goals

  • ⛳️ Strategy 3: Offer opportunities for hands-on experience

    • Assign her to real projects with increasing levels of responsibility
    • Encourage her to lead a small project end-to-end with necessary support
    • Provide her with opportunities to collaborate closely with different departments
    • Allow her to participate in user research and analysis
    • Encourage her to run project retrospectives to reflect on lessons learned
    • Involve her in strategic planning meetings to understand high-level decision-making
    • Assign her to attend customer or client meetings to gain direct feedback
    • Rotate her through different product lines to diversify her experience
    • Encourage her to contribute to the product roadmap planning process
    • Have her regularly present project updates or findings to senior management
mentorshipcontinuous-learningproduct-managersenior-product-managerproduct-teamcross-functional-team
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Strategies and tactics for increasing productivity and revenue

  • ⛳️ Strategy 1: Optimise workflow processes

    • Conduct a thorough analysis of current workflows
    • Identify and eliminate bottlenecks that slow down processes
    • Implement project management tools such as Trello or Asana
    • Automate repetitive tasks using software solutions
    • Create clear and detailed process documentation
    • Set SMART goals to track progress and achievements
    • Conduct regular team training to enhance skills
    • Establish a feedback loop to continuously improve processes
    • Introduce a system for regular performance reviews
    • Align team roles and responsibilities with individual strengths

  • ⛳️ Strategy 2: Enhance employee engagement

    • Develop and implement an employee recognition program
    • Encourage open communication through regular team meetings
    • Provide professional development opportunities
    • Create a supportive work environment with flexible work hours
    • Encourage a healthy work-life balance
    • Implement a mentorship program
    • Use employee surveys to gather feedback and make improvements
    • Promote team-building activities and events
    • Provide clear career progression pathways
    • Reward and recognise team achievements regularly

  • ⛳️ Strategy 3: Expand market reach and customer base

    • Conduct market research to identify potential new markets
    • Develop targeted marketing campaigns for different customer segments
    • Increase online presence through SEO and social media marketing
    • Collaborate with influencers and industry leaders
    • Offer promotions and discounts to attract new customers
    • Enhance customer service to retain existing customers
    • Expand product or service offerings to meet customer needs
    • Participate in industry trade shows and exhibitions
    • Form strategic partnerships with complementary businesses
    • Regularly analyse competitor strategies and adjust accordingly
productivityrevenueproject-managerhr-managermarketing-teamproduct-development-team
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Strategies and tactics for enhancing customer appreciation and value capture

  • ⛳️ Strategy 1: Incorporate customer feedback in product development

    • Conduct regular surveys to gather customer feedback on current products
    • Create an online forum for customers to discuss their experiences and suggestions
    • Organise focus groups with key clients to understand their evolving needs
    • Implement a feedback loop in the product design process involving customer input
    • Regularly review feedback data to identify common themes and improvement areas
    • Collaborate with customers during product testing phases for real-world insights
    • Establish a customer advisory board to guide product innovation
    • Use feedback to prioritise product enhancement projects
    • Communicate changes and improvements to customers based on their feedback
    • Set KPIs to measure the impact of feedback on product quality

  • ⛳️ Strategy 2: Build strategic customer partnerships

    • Identify key customers to establish long-term partnerships
    • Develop customised solutions based on individual customer needs
    • Offer exclusive training sessions for partners on new technologies
    • Create joint marketing initiatives to highlight collaborative success stories
    • Provide dedicated support teams for partners to enhance service quality
    • Organise annual partnership meetings to discuss strategic goals
    • Develop mutual growth plans with key clients
    • Leverage partner feedback in strategic planning processes
    • Offer incentives for partners who reach achievement milestones
    • Regularly review partnership outcomes and adjust strategies for continuous improvement

  • ⛳️ Strategy 3: Enhance value proposition in customer communications

    • Audit current marketing materials to ensure clarity of the value proposition
    • Train sales teams to communicate the unique benefits of your technology effectively
    • Develop case studies demonstrating the impact of your products on patient outcomes
    • Regularly publish white papers on advances in medical technology
    • Host webinars to educate customers about the latest technology trends
    • Engage with industry thought leaders to endorse your products
    • Utilise social media platforms to highlight customer testimonials
    • Provide regular updates on technological advancements and improvements
    • Develop a mobile app for customers to access resources easily
    • Measure the effectiveness of communications through customer engagement metrics
customer-engagementvalue-propositionproduct-managercustomer-success-managerproduct-development-teammarketing-team
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Strategies and tactics for underwriting multi-program LOS workflow

  • ⛳️ Strategy 1: Integrate LOS systems for TL and CF

    • Conduct an assessment of current LOS capabilities to identify integration points
    • Develop a unified workflow for TL and CF underwriting processes in LOS
    • Coordinate with IT to implement necessary system upgrades for integration
    • Establish a testing environment to simulate the integrated workflow
    • Train underwriters on the new integrated LOS system and processes
    • Implement feedback collection mechanisms from users to refine the process
    • Coordinate with external vendors if additional technology support is needed
    • Schedule regular review meetings to assess integration progress
    • Develop clear documentation outlining the new integrated LOS workflow
    • Ensure compliance checks are integrated within the unified process

  • ⛳️ Strategy 2: Optimise productisation for faster CAM approval

    • Map current productisation steps and identify bottlenecks
    • Streamline data collection processes for greater efficiency
    • Implement automation tools to reduce manual steps in productisation
    • Standardise documentation templates for consistency and speed
    • Facilitate communication between underwriting and product teams
    • Assess and enhance data analytics capabilities to support decision-making
    • Compile lessons learnt from previous productisation processes
    • Monitor key performance metrics to identify areas for improvement
    • Establish a role or team dedicated to overseeing productisation progress
    • Develop a continuous improvement plan with regular updates

  • ⛳️ Strategy 3: Enhance stakeholder collaboration and communication

    • Identify all stakeholders involved in the LOS and underwriting processes
    • Create a communication plan detailing stakeholder responsibilities and timelines
    • Establish regular coordination meetings between TL, CF, and LOS teams
    • Use project management tools to track progress and updates in real-time
    • Facilitate workshops to gather input on workflow improvements from all stakeholders
    • Implement a feedback loop for continuous stakeholder input
    • Develop shared goals and KPIs to ensure alignment among teams
    • Create a conflict resolution plan to handle any disagreements effectively
    • Organise a regular newsletter or update communication for stakeholders
    • Set up a shared digital platform for all involved to access documents and information
underwritingintegrationunderwriterproduct-managerit-teamproduct-team
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Strategies and tactics for growing Audi's Global Production

  • ⛳️ Strategy 1: Expand production facilities

    • Identify and evaluate potential locations for new production plants
    • Conduct feasibility studies for proposed locations
    • Secure necessary permits and approvals from local authorities
    • Establish partnerships with local suppliers in target regions
    • Design and plan the layout of new production facilities
    • Invest in state-of-the-art production technologies
    • Hire and train local workforce for new facilities
    • Develop a timeline for phased construction and launch
    • Monitor progress and adjust plans as necessary
    • Evaluate performance post-launch and optimize operations

  • ⛳️ Strategy 2: Enhance supply chain efficiency

    • Map current supply chain processes to identify bottlenecks
    • Implement just-in-time manufacturing practices
    • Negotiate better terms with existing suppliers
    • Diversify supplier base to mitigate risks
    • Increase use of automation in supply chain management
    • Invest in logistics and distribution technologies
    • Foster closer collaboration with logistics partners
    • Introduce real-time tracking of components and products
    • Regularly review and update supply chain strategy
    • Encourage feedback loops to continuously improve processes

  • ⛳️ Strategy 3: Innovate production techniques

    • Adopt Industry 4.0 technologies in production lines
    • Initiate research collaborations with tech companies
    • Conduct regular training for staff on new technologies
    • Pilot cutting-edge production methods in selected facilities
    • Incorporate sustainable practices in production processes
    • Assess investment opportunities in 3D printing technology
    • Experiment with modular production techniques
    • Leverage data analytics to optimize production output
    • Regularly benchmark against industry leaders
    • Create a culture of innovation within production teams
production-expansionsupply-chainproduction-managersupply-chain-analystresearch-and-developmentlogistics-and-distribution
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Strategies and tactics for creating a Shwapno Private Label Brand Roadmap

  • ⛳️ Strategy 1: Enhance product assortment

    • Conduct market research to identify popular product trends
    • Evaluate current product line for gaps and opportunities
    • Expand product range with high-demand items
    • Introduce exclusive products to differentiate the brand
    • Analyse competitor offerings for strategic positioning
    • Develop partnerships with local suppliers for unique items
    • Review and update packaging to increase product appeal
    • Implement quality control measures for consistent product quality
    • Regularly review and refresh product assortment
    • Monitor sales data for insights and adjustments

  • ⛳️ Strategy 2: Optimise pricing strategy

    • Evaluate current pricing structure for competitiveness
    • Implement dynamic pricing based on consumer demand
    • Offer bundle deals to increase average purchase value
    • Introduce loyalty programs with discounts on private labels
    • Analyse cost structures to identify areas for margin improvement
    • Benchmark prices against competitors regularly
    • Train staff on communicating the value of private label products
    • Utilise customer feedback to refine pricing strategies
    • Experiment with limited-time promotions
    • Regularly assess the impact of pricing strategies on sales and margins

  • ⛳️ Strategy 3: Increase brand awareness through marketing

    • Develop a comprehensive marketing plan targeting key demographics
    • Leverage social media platforms to promote product offerings
    • Utilise influencer partnerships for brand exposure
    • Create in-store displays that highlight private label products
    • Run targeted advertising campaigns focusing on unique selling points
    • Host events or workshops to educate consumers about the brand
    • Collect and feature customer testimonials and reviews
    • Enhance brand visibility through strategic online and offline advertising
    • Implement point-of-sale promotions to increase impulse purchases
    • Track marketing campaign results for continuous improvement
private-labelmarketingmarketing-managerproduct-managersales-teammarket-research-team
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Strategies and tactics for dominating the OKR industry

  • ⛳️ Strategy 1: Enhance product offerings

    • Conduct a comprehensive market analysis to identify unmet needs and trends
    • Integrate customer feedback into product development
    • Invest in research and development to innovate and improve current offerings
    • Enhance user experience by focusing on intuitive design and ease of use
    • Develop new features that address specific industry challenges
    • Implement a regular update cycle to keep the product relevant
    • Create a strong value proposition that distinguishes the product from competitors
    • Collaborate with industry experts to validate product improvements
    • Launch a beta testing program to validate new features before full rollout
    • Secure certifications and partnerships to add credibility to the product

  • ⛳️ Strategy 2: Strengthen brand presence

    • Develop a comprehensive marketing campaign focusing on the unique benefits of the product
    • Engage with influencers and thought leaders within the OKR industry
    • Participate in industry conferences and events to increase visibility
    • Leverage social media platforms to engage with potential customers
    • Create and distribute educational content to establish authority
    • Offer free webinars and workshops to showcase product capabilities
    • Enhance the website for better SEO and user engagement
    • Implement a referral program to increase brand reach
    • Collaborate with industry associations for added credibility
    • Gather and promote customer testimonials to build trust

  • ⛳️ Strategy 3: Expand market share

    • Develop strategic partnerships with complementary businesses
    • Identify and target emerging markets with potential for growth
    • Create a competitive pricing strategy to attract new customers
    • Establish a global distribution network to reach international markets
    • Implement targeted advertising campaigns to reach new audiences
    • Launch special promotions to encourage trial and adoption
    • Invest in training sales teams for better conversion rates
    • Create case studies demonstrating the product's effectiveness in various industries
    • Negotiate bulk purchase agreements with large enterprises
    • Set growth targets and regularly monitor progress to ensure alignment with objectives
brand-presencemarket-shareproduct-managermarketing-managerresearch-and-developmentsales-and-marketing
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Strategies and tactics for growing the precision parts manufacturing business

  • ⛳️ Strategy 1: Expand market presence

    • Conduct a detailed market analysis to identify potential new markets
    • Develop a marketing plan tailored to target industries requiring precision parts
    • Attend industry trade shows and exhibitions to showcase products
    • Establish online presence through a professional website and social media platforms
    • Partner with distributors to expand reach in new regions
    • Create promotional materials highlighting unique features of precision parts
    • Engage in content marketing to demonstrate industry expertise
    • Offer special promotions or discounts for bulk or repeat orders
    • Leverage customer testimonials to build trust and credibility
    • Monitor competitor activities and adapt strategies accordingly

  • ⛳️ Strategy 2: Enhance production capacity and efficiency

    • Invest in advanced manufacturing technology to increase output
    • Streamline production processes to reduce waste and improve quality
    • Implement lean manufacturing techniques to optimise efficiency
    • Conduct regular training sessions for staff to improve skills
    • Adopt just-in-time inventory management to reduce holding costs
    • Perform routine maintenance on equipment to prevent downtime
    • Develop a quality control system to ensure consistent product standards
    • Evaluate and improve supply chain management
    • Negotiate better terms with suppliers to reduce material costs
    • Benchmark production practices against industry leaders

  • ⛳️ Strategy 3: Diversify product offerings

    • Research and identify complementary products or services to offer
    • Collaborate with research and development to innovate new products
    • Analyse customer feedback to identify unmet needs
    • Create prototypes of new products for testing and feedback
    • Assess feasibility and demand for introducing new product lines
    • Develop marketing materials to introduce and explain new offerings
    • Offer limited-time trial or special pricing for new products
    • Identify partnerships or collaborations for new product development
    • Monitor market response and adjust product features accordingly
    • Train sales team to effectively pitch and sell new products
market-expansionproduction-efficiencymarketing-managerproduction-engineerresearch-and-developmentsales-team
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Strategies and tactics for enhancing Udaya's Market Position

  • ⛳️ Strategy 1: Increase brand visibility

    • Develop a comprehensive marketing plan focusing on digital and traditional media
    • Leverage social media platforms like LinkedIn, Instagram, and Facebook for brand promotion
    • Create engaging content such as blogs, videos, and infographics to showcase expertise
    • Organise webinars and workshops to connect with the audience and demonstrate capability
    • Collaborate with influencers and industry experts for wider reach
    • Sponsor local events to enhance community presence
    • Implement SEO techniques to improve search engine ranking
    • Design attractive and informative company brochures and distribute at trade shows
    • Engage with online communities related to the industry for brand advocacy
    • Monitor analytics tools to track brand awareness and adjust strategies accordingly

  • ⛳️ Strategy 2: Improve product/service offerings

    • Conduct market research to understand customer needs and preferences
    • Develop new products/services based on identified market gaps
    • Enhance existing offerings with additional features or improvements
    • Partner with other companies for complementary products or services
    • Launch a customer feedback system to gather insights and incorporate suggestions
    • Offer customisable solutions to cater to specific client requirements
    • Invest in technology to streamline production and improve quality
    • Train staff on the latest industry trends and practices
    • Monitor competition to identify opportunities for differentiation
    • Set up a task force to ensure constant innovation and adaptation

  • ⛳️ Strategy 3: Expand market reach

    • Identify new geographical areas for potential expansion
    • Establish partnerships with local distributors or agents in new markets
    • Tailor marketing strategies to cater to regional preferences
    • Develop e-commerce capabilities to reach a broader audience
    • Attend international trade shows and exhibitions to showcase the brand
    • Research and adhere to regulatory requirements of target markets
    • Offer promotional discounts or introductory offers to attract new customers
    • Invest in translation and localisation of marketing materials
    • Leverage existing customer networks for referrals in new areas
    • Analyse and adapt sales techniques based on regional data and success rates
brand-visibilitymarket-expansionmarketing-managerproduct-developermarketing-teamproduct-development-team
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Strategies and tactics for achieving brand unit sales growth versus competitor

  • ⛳️ Strategy 1: Enhance product visibility

    • Invest in online and offline advertising campaigns
    • Collaborate with influencers to promote the brand
    • Participate in trade shows and industry events
    • Improve in-store displays and signage
    • Optimize search engine marketing
    • Launch a social media marketing campaign
    • Distribute product samples at key locations
    • Create engaging content for brand awareness
    • Use customer testimonials in marketing materials
    • Ensure consistent branding across all platforms

  • ⛳️ Strategy 2: Improve product offerings

    • Conduct market research to identify customer needs
    • Innovate new product features based on feedback
    • Enhance the quality of existing products
    • Expand the product range to cover more segments
    • Offer limited-time special editions
    • Provide customisation options
    • Maintain competitive pricing
    • Create bundle deals to increase average purchase value
    • Collaborate with brands for co-branded products
    • Monitor competitor products and adapt accordingly

  • ⛳️ Strategy 3: Boost customer loyalty

    • Implement a customer loyalty programme
    • Offer exclusive discounts to repeat customers
    • Provide exceptional customer service
    • Create a referral programme
    • Engage with customers through social media
    • Solicit and act on customer feedback
    • Develop personalised email marketing campaigns
    • Host exclusive events for loyal customers
    • Reward customers for online reviews and testimonials
    • Ensure timely and efficient order fulfilment
product-visibilitycustomer-loyaltymarketing-managerproduct-developermarketing-teamsales-team
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How to track your Product Manager strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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