How “Pricing” can be used as a Strategic lever to derive maximum value for the business and How to find the “Ideal Product market fit”. Keep Watching the session with Vignesh Kumar, Director – Product Pricing & Monetization and Operations, VMware to know more about the various Pricing models, Strategies, and Understanding Business Models.
1. Understand Business models
2. Product-market Fit
3. Learn about Strategic Pricing
0:02:57 Why business model have become critical in current world
0:05:19 What is a Business Model?
0:06:34 Value creation-fundamental pillar leads to product management mindset
0:11:08 MVP-given to the customer
0:11:12 About Spotify MVP
0:14:57 GTM Strategies, When launching products
0:16:17 Profit model in business model
0:19:27 Key drivers of profitability
0:20:50 Business Logic
0:23:43 Understanding Network effect-Spotify Example
0:26:23 Framework used for Quantifying Value Based Pricing
0:28:09 What is Product market fit?
0:39:31 How to find the Ideal Product market fit
0:44:49 Network Effect