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How Product Management Professionals Can Help You

Product management is the lifecycle function that deals with planning, the forecasting of, and the marketing activities of a product or service within a company. This refers to all stages of the lifecycle of the product. Product Lifecycle Management makes use if the efforts from people, data, numerous processes as well as business systems. It is a source of information regarding the products of a business. Marketing a product is an entity within this spectrum and is aimed at improving market share, optimizing profit margins as well as increasing sales revenues. Product Management is an organizational structure that oversees the development, the marketing as well as the sales of a product that a company has to offer. Hiring a freelance product management specialist can be done on Guru.

Product managers are responsible for determining customer’s needs through conducting research. They recommend the nature and the scope of current as well as future product lines. They review current product specifications, appraise new product ideas and research new packaging ideas. They provide source data for communications, assess product market data as well as prepare product sales forecasts. Product Managers are able to conduct product development, competitive analysis, sales planning, and financial planning. They are sometimes tasked with strategy creation and requirements analysis too. These professionals use end-user software such as Targetprocess, Wrike, Fieldbook, Priority Matrix and PLPM Executive Command Center (PLPM - ECC) (to name a few). On Guru, you are able to connect with numerous freelance product management specialists. Hire the expert you need today!

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Jul. 2019

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