The Ten Best Podcasts For Product Managers In 2020

Podcasts are all the hype nowadays. According to findings by Edison Research, over 50 percent of Americans above 12 years of age have listened to a podcast once. That represents a 122 percent increase from the year 2014 to 2019. Whether it’s during your commute to work or when hitting the gym, podcasts can help … Read more

The Revolut Business Model – How Does Revolut Work & Make Money?

Executive Summary: Revolut is a neobank offering various financial products to consumers and businesses. It does so through its mobile application, which is available on iOS and Android devices. As a neobank, Revolut does not operate any physical branches. Revolut’s business model is based on several levers, including different subscription plans (for both consumers and … Read more

The Convoy Business Model – How Does Convoy Work & Make Money?

Executive Summary: Convoy is a freight brokerage platform that facilitates bookings between shippers (that need to transport goods) and carriers with available loads. Contrary to traditional freight brokers that still rely on manual processes (e.g. telephone, email or faxes), Convoy utilizes software to automatically match shippers and carriers. The business model of Convoy is based … Read more

Seven Characteristics of a Good Product Manager

“Hard things are hard because there are no easy answers or recipes. They are hard because your emotions are at odds with your logic. They are hard because you don’t know the answer and you cannot ask for help without showing weakness.” Ben Horrowitz Let’s face it: Product Management is tough. Really tough. You must … Read more

The Flexport Business Model – How Does Flexport Work & Make Money?

Executive Summary Flexport is a digitally enabled freight forwarder that helps other businesses to transport and store goods across the globe. Contrary to traditional freight forwarders, Flexport relies on software to aid the shipment process, allowing their customers to gain more transparency. The business model of Flexport is based on various services around the shipment … Read more

The TransferWise Business Model – How Does TransferWise Work & Make Money?

Executive Summary: TransferWise is an online money transfer service that allows customers to send money at low fares across 50 different currencies. Contrary to traditional exchange services and banks, TransferWise claims to up to 13x cheaper. Founded in 2011 by two London based Estonians, the company makes money by charging a fee on every cross-currency … Read more

The Wish Business Model – How Does Wish Work & Make Money?

Executive Summary: Wish is a mobile-first e-commerce platform that connects interested buyers with international sellers (mainly from China). The app utilizes an algorithmic feed along with different psychological “tricks” to boost sales. Wish makes money via sales fees, logistics services offered to merchants, and by selling ads (called ProductBoost) on its platform. Founded in 2011, … Read more

The N26 Business Model – How Does N26 Work & Make Money?

Executive Summary: N26 is direct bank offering various financial products through its mobile application. Its main differentiator from traditional banks is a technology-first approach to banking, no physical branches, convenience of service, free accounts, and a transparent fee structure. The business model of N26 is based on charging private consumers or business owners for premium … Read more

Can Product Managers Work Remotely? Challenges & Opportunities.

According to Owl Labs, 18 percent of the current workforce has worked in a remote setting. Globally, 52 percent of people work from home at least once a week. Not convinced yet? How about this: Upwork predicts that by 2028, 73 percent of all teams in a company will have remote workers. Companies that offer … Read more

Essential Customer Retention And Loyalty KPIs

“If you don’t appreciate your customers, someone else will.” Keeping your customers happy at all cost isn’t just some meaningless business advice, but should be at the core of any business operation. In fact, research shows that a 5 percent increase in customer retention can raise profits anywhere between 25 to 95 percent. Moreover, the … Read more