Artificial intelligence (AI) has seen massive growth in the past few months, especially after the launch of ChatGPT. It's slowly becoming essential in various fields such as marketing, product management, etc. In this blog, we'll explore why is it important to use AI and some best AI tools for PMs
ChatGPT is designed to deliver detailed responses to users' questions in a human-like conversational approach. If you are a product manager, ChatGPT can be a very beneficial tool for you. Let's look at why you should use it and which ChatGPT prompts are best for you.
Measuring customer experience meticulously to guide your business effectively is crucial, as customer experience can set you apart in today's competitive market. Let's understand how you can effectively conduct CX surveys to measure CX.
The term "market fit" is often used in the startup community. But what does it mean? And how can you tell if your business has achieved it? Learn it here.
Asking the right questions is crucial. So, today we're focusing on question types that tend to be underappreciated but can potentially drive discussions with precision—close-ended questions. Such questions have a unique power in gathering precise information and expediting decision-making.
With the seemingly endless options available to consumers, businesses need to build strong relationships with customers and encourage them to return time and time. Let's see how you can do that for your business.
Listening to users diligently is the key to building great products. However, users speak to you via multiple sources, making analyzing all feedback difficult. So, here we'll see how you can quickly and easily analyze user feedback using AI and GPT-4.
Analyzing thousands of user feedback from multiple sources is overwhelming and time-consuming. So, here we'll see how you can analyze feedback in seconds with the help of Olvy AI Copilot powered by OpenAI and GPT-4.
Open-ended questions are crucial in helping you significantly enhance the depth and quality of your insights. In this blog, you'll learn how to ask the right questions to deeply understand your users so you can make the right decisions.
User Feedback makes a great product, and multiple ways are there to collect feedback. Still, one of the best ways of doing this is by actively listening to your users on platforms where they are already talking about you, such as Discord, Slack, Crisp, Intercom, Telegram, etc.
Response bias can skew your survey results by painting an overly optimistic picture. For accurate results, you need to minimize the impact of response bias on research findings. So, here, we'll discuss everything about response bias and how to avoid its effects on survey results.
Asking for feedback is essential if you want to improve your product. Feedback pop-ups offer a better way to collect user insights while they are on your website or app. So, here we'll explore best practices to ensure you get valuable feedback via pop-ups without driving users away.
Every customer-facing business today knows — Happy customers come back for more. Measuring and improving customer satisfaction is the key to customer retention and business growth. So, today we'll explore the concept of CSAT, how it's different from NPS, and how you can measure it.
Double-barreled questions are the most common culprits behind data disasters. This elusive survey trap can severely distort your findings. So, in this blog, we'll see why double-barreled questions are so problematic and how you can avoid them.
Net Promoter Score (NPS) is a metric that gives you a broader picture of the level of customer satisfaction. It helps you gain valuable insights into how likely your customers will recommend your product to others. So, here we'll explore the specifics of NPS and the steps to calculate it.
Unified Customer Experience (UCX) is a strategy to provide customers with a consistent and seamless experience across all communication channels and customer touchpoints. It's important for every business. So, in this blog, we'll guide you through everything you should know about UCX.
MRR (Monthly Recurring Revenue) is a key metric for SaaS businesses that measure recurring revenue from customers every month. Tracking MRR can help identify trends, make informed decisions, and drive growth. So, in this blog, you'll learn about MRR and how to use it for better decision-making.
Innovation and improvement in products are necessary to stay ahead in today's fast-paced digital world which can be possible by directly asking product users. So, in this blog, we'll learn the importance of collecting user feedback and how to analyze and act on the feedback you receive.
Qualitative Data Analysis is a research method that helps you better understand your users' experiences, thoughts, and feelings. It is valuable for improving products and services. So, in this blog, we'll talk about the 5 best qualitative data analysis methods you can use.
Product Manager and Product Owner are two different personas in a company, and both are essential for a product's success. But both roles are different and come with different responsibilities. So, in this blog, you'll learn the major difference between these two roles.
Lifetime Value (LTV) is the total revenue a customer will generate for your company over their lifetime. LTV is what separates successful businesses from unsuccessful ones. In this blog, you'll learn how to calculate and increase your LTV.
Minimum Viable Product (MVP) is a way to test your winning product idea and save your time, money, and effort from building the wrong product. In this blog, you'll get to know everything about MVP.
A sunk cost is money spent or an effort devoted to some activity. It isn't a loss, but it doesn't have the same value you invested in earlier. Learn more about sunk costs here.
Frill is a tool to collect and organize customer feedback and announce users all in one place. In this blog, we'll review Frill, see what its users are saying about the tool, and what other alternatives you have.
