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Rapid Product Research
During Uncertain Times
Holly Hester-Reilly Rebecca Komathy
With: Moderated by:
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TO USE YOUR TELEPHONE:
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The New Normal: Product Management
During Challenging Times
2The New Normal: Product Management During
Challenging Times
2
Revenera helps software companies build better products, monetize what
matters and accelerate their time to market. We also help technology
companies to use open source solutions more effectively, by finding and
mitigating security and license compliance issues. We help them
understand how their products are being used so they can make better
decisions. We are the enabler for modern business models, and the
effective enforcement of these models.
2
3The New Normal: Product Management During
Challenging Times
Click on the Questions panel to
interact with the presenters
https://www.productmanagementtoday.com/webinar-series/10912/the-new-normal-c
olon--product-management-during-challenging-times
4The New Normal: Product Management During
Challenging Times
4
About Holly Hester-Reilly
Holly Hester-Reilly is the Founder and CEO of H2R Product Science, a product management coaching and consulting firm that
teaches the science of high-growth product development. Holly is a former Columbia University research scientist and has led
over a dozen successful digital product initiatives at startups, high-growth companies, and enterprises like MediaMath,
Shutterstock, The Lean Startup Co, and Weight Watchers. With those experiences she has developed the Product Science
Method, a framework to discover the strongest product opportunities and lay the foundations for high-growth products, teams,
and businesses. Her team at H2R Product Science partners with startup founders and product leaders to share this framework,
helping them to figure out which product growth opportunities they should pursue and build the product management skill to
deliver on their goals. Holly also teaches public and private workshops and has spoken about building high-growth products for
events such as Lean Startup Summit Europe, growth equity firm General Atlantic's CIO summit, top boutique design and
development agency Thoughtbot's employee summit, ProductTankNYC, Parsons School of Design, and the Product School.
About Rebecca Komathy
Rebecca attended California State University, Long Beach, where she earned her M.F.A. in Creative Writing with a concentration in
Fiction. After working in the publishing and English education fields, she became more interested in the information science and
business aspects. She is attending SJSU for her second Master’s, this time in Library and Information Science so she can learn
more about digital curation. She currently works at Aggregage as a Webinar Coordinator. When she’s not working, she is probably
snuggling with her French bulldog named Kira.
4
@h2rproductsci Rapid Product Research for Uncertain Times 5
Our user’s lives are changing fast.
@h2rproductsci Rapid Product Research for Uncertain Times 6
“The first principle is that
you must not fool yourself –
and you are the easiest
person to fool.”
Richard Feynman, Nobel
Prize winning Physicist
@h2rproductsci Rapid Product Research for Uncertain Times 7
Rapid product discovery
will help us help them
@h2rproductsci
Recruit the Right
Participants for
Remote Discovery
Research
Rapid Product Research for Uncertain Times 8
@h2rproductsci Rapid Product Research for Uncertain Times 9
@h2rproductsci Rapid Product Research for Uncertain Times 10
Recruiting can start wide and get smaller
1. Start with people who recently took the
action you are interested in exploring
2. Notice interesting characteristics that
emerge
3. Refine recruitment criteria as you learn
more
@h2rproductsci Rapid Product Research for Uncertain Times 11
Demographics
@h2rproductsci Rapid Product Research for Uncertain Times 12
@h2rproductsci Rapid Product Research for Uncertain Times 13
@h2rproductsci Rapid Product Research for Uncertain Times 14
@h2rproductsci Rapid Product Research for Uncertain Times 15
@h2rproductsci Rapid Product Research for Uncertain Times 16
@h2rproductsci Rapid Product Research for Uncertain Times 17
@h2rproductsci Rapid Product Research for Uncertain Times 18
@h2rproductsci
Plan and Conduct
Compassionate
Interviews During
Difficult Times
Rapid Product Research for Uncertain Times 19
@h2rproductsci Rapid Product Research for Uncertain Times 20
@h2rproductsci Rapid Product Research for Uncertain Times 21
@h2rproductsci
Research Goals
Rapid Product Research for Uncertain Times 22
How do we know:
Users will act on this pain?
Users want this outcome?
Users can use this solution?
@h2rproductsci
Goal: Understand unmet needs in the market
How to Make Evidence-Based Product Decisions 24
Qualitative Research
Answers WHY and HOW
● Listen
● Ask questions
Better understand user’s pains and past behavior
Quantitative Research
Answers HOW MUCH and HOW MANY
● Validate qualitative observations
● Gather data from larger groups
Understand how many people in the market share the
same behaviors and pains
@h2rproductsci
Research Overview
Behavioral
Customer Interviews
Identify Differences
in Desired Outcomes
Identify Differences
in Pains and
Challenges
Identify Differences
in Habits and
Behavioral Triggers
Map Customer Dimensions
What are the differences that make a difference in how they perceive,
experience, and value our product?
Feature A Feature CCore Functions Feature B
No Motivation Low Motivation Mid Motivation High Motivation
Explore Potential Solutions
Generative Research Evaluative Research
@h2rproductsci
Know when you've
got enough data to
make a decision
Rapid Product Research for Uncertain Times 26
@h2rproductsci Rapid Product Research for Uncertain Times 27
@h2rproductsci Rapid Product Research for Uncertain Times 28
Do Research
Continuously
@h2rproductsci Rapid Product Research for Uncertain Times 29
It’s not enough to be
right. You also have to
be persuasive.
@h2rproductsci
How do you get started doing more discovery?
Remember the value.
• You want to build a product people will love.
• Research is cheaper than building a product.
• The most successful tech teams are the ones that pivot
quickly.
Start small and show the value.
• A one question intercept quiz.
• An informal user interview.
• Gathering data from existing sources.
Prioritize the riskiest questions for research.
View Research
as a Continuous
Process
Rapid Product Research for Uncertain Times 30
31The New Normal: Product Management During
Challenging Times
Q&A
Rebecca Komathy
With:
Moderated by:
Founder and Product Management Coach,
H2R Product Science
Linkedin page: /in/hollyhesterreilly/
Twitter ID: @H2RProductSci
Website: h2rproductscience.com
Holly Hester-Reilly
Webinar Coordinator, Product Management Today
Linkedin page: /in/rebeccakomathy/
Twitter ID: @prodmgmttoday
Website: productmanagementtoday.com
https://www.productmanagementtoday.com/webinar-series/10912/the-new-normal-
colon--product-management-during-challenging-times
Make sure to check out the 2020
Product Management Today MVP Awards!
To participate and learn more, go here:
https://bit.ly/3ifA9kz

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The New Normal: Product Management During Challenging Times: Rapid Product Research During Uncertain Times

  • 1. Rapid Product Research During Uncertain Times Holly Hester-Reilly Rebecca Komathy With: Moderated by: TO USE YOUR COMPUTER'S AUDIO: When the webinar begins, you will be connected to audio using your computer's microphone and speakers (VoIP). A headset is recommended. Webinar will begin: 11:00 am, PDT TO USE YOUR TELEPHONE: If you prefer to use your phone, you must select "Use Telephone" after joining the webinar and call in using the numbers below. United States: +1 (415) 655-0052 Access Code: 492-884-001 Audio PIN: Shown after joining the webinar --OR- - The New Normal: Product Management During Challenging Times
  • 2. 2The New Normal: Product Management During Challenging Times 2 Revenera helps software companies build better products, monetize what matters and accelerate their time to market. We also help technology companies to use open source solutions more effectively, by finding and mitigating security and license compliance issues. We help them understand how their products are being used so they can make better decisions. We are the enabler for modern business models, and the effective enforcement of these models. 2
  • 3. 3The New Normal: Product Management During Challenging Times Click on the Questions panel to interact with the presenters https://www.productmanagementtoday.com/webinar-series/10912/the-new-normal-c olon--product-management-during-challenging-times
  • 4. 4The New Normal: Product Management During Challenging Times 4 About Holly Hester-Reilly Holly Hester-Reilly is the Founder and CEO of H2R Product Science, a product management coaching and consulting firm that teaches the science of high-growth product development. Holly is a former Columbia University research scientist and has led over a dozen successful digital product initiatives at startups, high-growth companies, and enterprises like MediaMath, Shutterstock, The Lean Startup Co, and Weight Watchers. With those experiences she has developed the Product Science Method, a framework to discover the strongest product opportunities and lay the foundations for high-growth products, teams, and businesses. Her team at H2R Product Science partners with startup founders and product leaders to share this framework, helping them to figure out which product growth opportunities they should pursue and build the product management skill to deliver on their goals. Holly also teaches public and private workshops and has spoken about building high-growth products for events such as Lean Startup Summit Europe, growth equity firm General Atlantic's CIO summit, top boutique design and development agency Thoughtbot's employee summit, ProductTankNYC, Parsons School of Design, and the Product School. About Rebecca Komathy Rebecca attended California State University, Long Beach, where she earned her M.F.A. in Creative Writing with a concentration in Fiction. After working in the publishing and English education fields, she became more interested in the information science and business aspects. She is attending SJSU for her second Master’s, this time in Library and Information Science so she can learn more about digital curation. She currently works at Aggregage as a Webinar Coordinator. When she’s not working, she is probably snuggling with her French bulldog named Kira. 4
  • 5. @h2rproductsci Rapid Product Research for Uncertain Times 5 Our user’s lives are changing fast.
  • 6. @h2rproductsci Rapid Product Research for Uncertain Times 6 “The first principle is that you must not fool yourself – and you are the easiest person to fool.” Richard Feynman, Nobel Prize winning Physicist
  • 7. @h2rproductsci Rapid Product Research for Uncertain Times 7 Rapid product discovery will help us help them
  • 8. @h2rproductsci Recruit the Right Participants for Remote Discovery Research Rapid Product Research for Uncertain Times 8
  • 9. @h2rproductsci Rapid Product Research for Uncertain Times 9
  • 10. @h2rproductsci Rapid Product Research for Uncertain Times 10 Recruiting can start wide and get smaller 1. Start with people who recently took the action you are interested in exploring 2. Notice interesting characteristics that emerge 3. Refine recruitment criteria as you learn more
  • 11. @h2rproductsci Rapid Product Research for Uncertain Times 11 Demographics
  • 12. @h2rproductsci Rapid Product Research for Uncertain Times 12
  • 13. @h2rproductsci Rapid Product Research for Uncertain Times 13
  • 14. @h2rproductsci Rapid Product Research for Uncertain Times 14
  • 15. @h2rproductsci Rapid Product Research for Uncertain Times 15
  • 16. @h2rproductsci Rapid Product Research for Uncertain Times 16
  • 17. @h2rproductsci Rapid Product Research for Uncertain Times 17
  • 18. @h2rproductsci Rapid Product Research for Uncertain Times 18
  • 19. @h2rproductsci Plan and Conduct Compassionate Interviews During Difficult Times Rapid Product Research for Uncertain Times 19
  • 20. @h2rproductsci Rapid Product Research for Uncertain Times 20
  • 21. @h2rproductsci Rapid Product Research for Uncertain Times 21
  • 22. @h2rproductsci Research Goals Rapid Product Research for Uncertain Times 22
  • 23. How do we know: Users will act on this pain? Users want this outcome? Users can use this solution?
  • 24. @h2rproductsci Goal: Understand unmet needs in the market How to Make Evidence-Based Product Decisions 24 Qualitative Research Answers WHY and HOW ● Listen ● Ask questions Better understand user’s pains and past behavior Quantitative Research Answers HOW MUCH and HOW MANY ● Validate qualitative observations ● Gather data from larger groups Understand how many people in the market share the same behaviors and pains
  • 25. @h2rproductsci Research Overview Behavioral Customer Interviews Identify Differences in Desired Outcomes Identify Differences in Pains and Challenges Identify Differences in Habits and Behavioral Triggers Map Customer Dimensions What are the differences that make a difference in how they perceive, experience, and value our product? Feature A Feature CCore Functions Feature B No Motivation Low Motivation Mid Motivation High Motivation Explore Potential Solutions Generative Research Evaluative Research
  • 26. @h2rproductsci Know when you've got enough data to make a decision Rapid Product Research for Uncertain Times 26
  • 27. @h2rproductsci Rapid Product Research for Uncertain Times 27
  • 28. @h2rproductsci Rapid Product Research for Uncertain Times 28 Do Research Continuously
  • 29. @h2rproductsci Rapid Product Research for Uncertain Times 29 It’s not enough to be right. You also have to be persuasive.
  • 30. @h2rproductsci How do you get started doing more discovery? Remember the value. • You want to build a product people will love. • Research is cheaper than building a product. • The most successful tech teams are the ones that pivot quickly. Start small and show the value. • A one question intercept quiz. • An informal user interview. • Gathering data from existing sources. Prioritize the riskiest questions for research. View Research as a Continuous Process Rapid Product Research for Uncertain Times 30
  • 31. 31The New Normal: Product Management During Challenging Times Q&A Rebecca Komathy With: Moderated by: Founder and Product Management Coach, H2R Product Science Linkedin page: /in/hollyhesterreilly/ Twitter ID: @H2RProductSci Website: h2rproductscience.com Holly Hester-Reilly Webinar Coordinator, Product Management Today Linkedin page: /in/rebeccakomathy/ Twitter ID: @prodmgmttoday Website: productmanagementtoday.com https://www.productmanagementtoday.com/webinar-series/10912/the-new-normal- colon--product-management-during-challenging-times Make sure to check out the 2020 Product Management Today MVP Awards! To participate and learn more, go here: https://bit.ly/3ifA9kz