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Crafting the Product Plan: Strategies for Successful Product Management

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Summary

Price
£15 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • Certificate of completion - Digital certificate - Free
  • Certificate of completion - Hard copy certificate - £9.99
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

Elevate your product management skills and craft successful strategies with the course "Crafting the Product Plan: Strategies for Successful Product Management." Gain a comprehensive understanding of product classification, development, pricing, marketing, and portfolio analysis to excel in this dynamic field. Expand your knowledge and propel your career in product management.

Learning Outcomes:

  • Understand the fundamentals of product management and its role in business.
  • Learn how to classify products based on their characteristics and market positioning.
  • Develop compelling product plans that align with business objectives and target customer needs.
  • Gain insights into the new product development process and strategies for successful launches.
  • Understand the different levels of a product and the product life cycle stages.
  • Master product pricing strategies to maximise profitability and competitiveness.
  • Acquire knowledge of product and brand portfolio analysis for strategic decision-making.

Certificates

Certificate of completion - Digital certificate

Digital certificate - Included

Certificate of completion - Hard copy certificate

Hard copy certificate - £9.99

Inside the UK student have to pay an additional delivery fee of £10, whereas International students are required to pay an additional fee of £19.99 to receive a hard copy of the certificate delivered to their address.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

Welcome to Crafting the Product Plan: Strategies for Successful Product Management. This comprehensive course will explore the core principles and strategies essential for effective product management. From developing product plans to analysing portfolios, this course equips you with the knowledge and skills necessary to drive product success in today's competitive business landscape.

The modules cover fundamental concepts such as product classification, product planning, and new product development. Understand the levels of a product and how they evolve throughout its life cycle. Discover effective pricing strategies and gain insights into product and brand portfolio analysis. Finally, acquire the basics of marketing and financial analysis.

With a focus on pricing, marketing, and financial analysis, this course empowers you to make informed decisions in product management. Whether you're a seasoned professional or new to the field, this course provides a theoretical foundation to sharpen your skills and elevate your career in product management.

Who is this course for?

The target audience for the course is:

  • Aspiring product managers seeking to gain comprehensive knowledge in the field.
  • Professionals are transitioning into product management roles.
  • Business owners and entrepreneurs are looking to enhance their product management skills.
  • Marketing professionals interested in expanding their understanding of product strategy.
  • Individuals with a passion for product development and a desire to excel in the industry.

Career path

People tend to pursue these career paths in this sector:

  • Product Manager: £35,000 - £70,000 per annum
  • Senior Product Manager: £50,000 - £90,000 per annum
  • Product Marketing Manager: £40,000 - £80,000 per annum
  • Director of Product Management: £80,000 - £130,000 per annum
  • Vice President of Product: £100,000 - £200,000 per annum
  • Chief Product Officer: £120,000 - £250,000 per annum

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.