Opportunity knocks - Deepstash
Top 7 books for Product Managers

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Analyzing data to make informed decisions

Developing a product roadmap

Top 7 books for Product Managers

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Opportunity knocks

Companies with early success have yet to define what atomic concepts they focus on. Who are their competitors? Who are their customers, and which use cases should they build their workflows around?

Companies have difficulty navigating these questions because customers don't know what they really want. These companies have the opportunity to change how customers think. Strong enough products will have ecosystems around them. The best companies build the platforms to enable and direct these ecosystems to empower the customer more.

18

47 reads

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Defensibility through becoming a platform

Defensibility through becoming a platform

As Canva grew, it expanded its ecosystem by creating marketplaces and communities around templates, layouts, fonts, and more. Users prefer not to build from scratch, and instead support free and paid Canva marketplaces of pre-built components.

The add-ons are very powerful. They allow Canva...

18

43 reads

Extending this playbook to other spaces

Design is not unique. The same factors that drive demand for new and large use cases are arriving in most fields, especially in all forms of digital content.

The most active area undergoing this market transition now is the broader productivity space. Companies like Airtable, Notion, Coda, ...

18

40 reads

Figma bet on collaborative product design

Figma bet on collaborative product design

When Figma started, it was a direct Photoshop competitor. But, over the next two years, they shifted their focus to designers working on the UI and UX of digital products.

The key for designers was a product that enabled collaboration. Building for collaboration led Figma t...

19

55 reads

Tapping into the right level of abstraction

The best products map to how customers think about their workflow. They choose the right atomic concepts around which the entire product is built. They align with how customers think of their workflow and crystalise how they ought to. Great atomic concepts are refined and...

19

61 reads

Canva bet on marketing design by non-designers

Canva bet on marketing design by non-designers

Photoshop can do many things, but it is too low level. Photoshop's atomic concepts are images and pixels.

But Canva operates at a higher abstraction level and one that users care about. Canva designs start with their purposes in mind, such as designing a pitch deck, an Instagram post, or a ...

18

53 reads

Figma and Canva are taking on Adobe

Figma and Canva are taking on Adobe

In 2010, Photoshop was commonly used for everything design from editing a photo, making a poster or designing a website. Today, Adobe still seems very strong, they have great stock performance and their transitions to SaaS has been seamless.

Yet, they are no longer the market leader...

20

135 reads

Why young companies are able to thrive

Companies like Figma and Canva are able to thrive against a strong incumbent like Adobe because they have a distinct atomic concept. Their products are built around a different strategy than Adobe's product lineup.Β 

These different fundamental atomic concepts turn Adobe's a...

18

94 reads

New use cases: designing for digital

New use cases: designing for digital

Startups can take advantage of market entropy. Changing customer needs are the biggest source of entropy in markets. When the customer needs change quickly, legacy companies are left with all the overhead and product that no longer serves the market.

There are many caus...

19

75 reads

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A unique generational opportunity

Leaders, employees, customers, shareholders, and citizens are looking to achieve new levels of success that is wider, deeper, and more sustaining.

This creates an uncommon opportunity for companies that don't operate by default - they don't continue in the...

Find the blessings in rejection

Find the blessings in rejection

In many cases, rejections are blessings in disguise. Maybe you don't want those customers that rejected your product.

Refer and direct those customers to your competitors that fit their needs. They certainly would not forget the lengths you went to. Such service is rare.

Unlearning with customers

  • Companies have two customers: the people you sell to and your employees.
  • Direct, raw, unfiltered feedback from customers is much better than reports from within the company.
  • When customers reach out, and they know they're heard and that their feedback will improve the product...

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