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Understand the Product and Set Goals

Understand the Product and Set Goals

Understand what products are and their goals.

Next, we must take our understanding of the product and use it to set goals that connect it back to the mission statement. At a high level, we should use this framework step to answer the question: why does this product/feature exist for the company?

How to determine why a product exists

Many times, this depends on the type of business. If it’s a social media company like Facebook, most features exist to drive engagement on their platform. We want to focus on sales and revenue for a problem that relates to a B2C ...