
Learn to apply data-driven product analytics to decide what to build, for whom, and how it performs, including value moment, retention, and AB testing.
Discover how product analytics uses usage data and instrumentation to answer what to build, who to build for, how to build it, and how it performs.
Meet your instructor, Raj Alakara, an agile and product management expert with global experience. He invites you to set goals, connect on LinkedIn, and stay engaged throughout this course.
Choose a technology powered, existing product you are familiar with, such as Uber Eats, and document it in your workbook to kick off the course on product analytics.
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Understand the building blocks of product analytics—users, events, and properties on a timeline—and how focused tracking yields actionable insights by prioritizing key value moments.
Discover how your product delivers value and what constitutes a value moment. Identify friction points, guide users to that moment, and complete three practical exercises in section two.
Use product analytics to identify why users adopt your product, define value moments, and the behaviors that signal value, then design to make life easier, cheaper, or more convenient.
Learn how to quantify fuzzy value by measuring usage and engagement through value moments, or aha moments, using a lodestar metric to guide product decisions.
Identify value moments across three products by selecting actions that signal user value, compare intuition with analytics, and focus on Uber Eats, Twitter, and Airbnb.
Identify your product's value moment by interviewing power users and churn users, analyzing behaviors correlated with retention, and pinpointing the aha moment through analytics and pattern detection.
Explore four value moment questions and how users experience value across onboarding journeys. Compare differences in value moments among users and distinguish activation from value moments.
Identify what drives retention by applying a four-step process: brainstorm actions, verify their correlation with retention, define ideal frequency, and run B tests to prove causation.
Identify baseline retention with acquisition cohorts and a retention curve to see where users drop off. Form retention hypotheses to reduce friction and tailor onboarding to reach the value moment.
Identify friction areas: price conscious and difficulty finding the foods they like, blocking the value moment for an Uber Eats order, using analytics to spot exit pages and test discounts.
Explore how to measure product performance by defining active usage, identifying ideal usage and value exchange moments, analyzing retention through a conversion funnel, and balancing growth with value.
Define active usage by aligning it with value moments and monetizable activities, not mere logins, and measure with daily, weekly, or monthly active users to gauge product health.
Define an active user by a measurable, easy-to-understand metric that signals value delivery and monetization; use Uber Eats example and compare analytics tools like Google Analytics and Mixpanel.
Identify the ideal product usage frequency by balancing product nature, value moments, and user data. Align this with target user personas to optimize engagement.
Apply analytics to determine your app's ideal usage interval by analyzing a cohort's two meditation sessions within 60 days using a funnel, conversion windows, and the 80% rule.
Identify where users drop off to capture the value moment and the value exchange, then prioritize early value over revenue.
Explore how conversion funnels visualize and measure user drop-off, identify the dominant journey, and use funnel analysis to pinpoint where users drop off and optimize to reach the value moment.
Measure retention to ensure value repeats for users, not just revenue. Align retention with usage frequency, define active by value, and fix the product to reduce churn.
Explore growth through product-led strategies by measuring time to value, product qualified leads, feature adoption, expansion revenue, customer lifetime value, csat, virality, segmentation, target market, and data-driven personas.
Explore demographic and behavioral segmentation to define customer cohorts, analyze each cohort, and identify power users, while examining how analytics and machine learning enable data informed user personas.
Explore approaches to segmentation, comparing behavior-based and demographic-based methods, using cohorts to compare groups, and focusing on non-overlapping, homogeneous segments to boost retention and conversion.
Learn to define behavioral cohorts by answering five questions that frame the problem, set a 30-day window, and identify power users, using real-world examples like Uber Eats.
Analyze behavioral cohorts by saving and applying them to measure retention, conversion, and revenue; compare users who favor at least three songs to others to drive engagement and paid subscriptions.
Analyze a behavioral cohort to explore correlations among retention, conversion, stickiness, and revenue, using retention curves, funnels, and other key actions between Uber and Uber Eats.
Identify power users—the most engaged customers whose frequent activity drives revenue—using the power user curve as an engagement metric. Define a goal event to frame this analysis.
Explore your product's power user curve—left, right, or smile—using UberEats as an example, justify with switching costs and incentives, then plot and validate with real data.
Leverage Amplitude’s clustering to create data-driven user personas by grouping customers by event behavior, then validate insights against qualitative personas for actionable product decisions.
Explore why data is the new ux and compare data driven versus data informed design, then dive into ab testing guidelines and planning an ab test for product analytics.
Learn how ux analytics measure user activity to reveal current and changing needs, using quantitative and qualitative data to test ideas with AB testing and inform data-driven design decisions.
Compare data driven and data informed design, showing when data guides decisions versus checks intuition. Use data driven for optimization and data informed for solving user problems, as Airbnb illustrates.
Explore A/B and multivariate testing to optimize conversions, set up control and treatments, test variables one at a time, and ensure timing and significance.
Collaborate with a diverse team to brainstorm AB test candidates, explore user motivations and feature usage, and pursue high-variance ideas before refining toward incremental improvements.
Craft an ab test plan to boost conversions by testing a prominent add-to-cart button with a control and three variants, targeting desktop users in California to achieve a 2% improvement.
Welcome to Product Management: A Concise Guide to Product Analytics.
Do you want to unlock your full potential as a product manager and drive impact for the metrics that matter most for your product?
Don’t get lost in the data. Get focused on what matters.
I created this course and packed it with practical, real-world experiences that I’ve gained working with Product Management teams around the world. All theory is paired with practical exercises we’ll complete together in your workbook.
What you’ll get from this course.
1. I’ll show you how to focus on the metrics that matter so you can find and guide users to your product’s Key Value Moments.
2. You’ll gain an in-depth understanding of key product performance metrics such as active usage, power/core/casual use, retention & growth.
3. We’ll then look at customer segmentation approaches that are truly actionable and examine how to perform behavioral cohorting.
4. And then we’ll explore how to define ideal use for your product and use this insight to identify and nurture your power users.
5. In the final section, we’ll do a deep dive into A/B testing, examine ways to uncover good A/B test candidates, and then create an A/B test plan together.
What you won’t get from this course
The course is not a how-to guide for learning specific analytical tools such as Google Analytics or Mixpanel. There are many resources that teach that. Rather, it focuses on analytical frameworks and approaches that are tool-agnostic.
Why learn Modern Product Management?
The demand for the “data-savvy” Product Manager is growing rapidly. In fact, LinkedIn ranks "Product Manager" as one of the most promising jobs, with 29% year-over-year growth. More and more companies are finally figuring out how important this discipline and this role are to their success.
But Product Management practices are also widely misunderstood, with most product initiatives failing to launch. And of those that do launch, only a fraction delivers value to the intended customers.
In a field where so many teams follow counter-productive practices, copying others won't work.
Don't Imitate. Understand.
This course will teach you the underlying values and principles of product analytics. And the practical portion will showcase how successful teams build products using approaches that minimize risk and maximize customer delight.
If you're a Product Manager looking to level up your product analytics skills or are trying to transition into a new career, this course will help prepare you for success.
And if you work in a related role (Business Analyst, Project Manager, Developer, etc), you’re also in the right place.
What if I have questions?
I offer full support, answering any questions you have 7 days a week (whereas many instructors answer just once per week, or not at all). This means you’ll never find yourself stuck on one lesson for days. With my hand-holding guidance, you’ll progress smoothly through this course without any major roadblocks.
So Let’s Do This! Enroll now and sharpen your product analytical skills.
See you on the inside!