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Delving into the financial aspects of product development, the 'CAC Vs. LTV' slide from the 'Minimum Viable Product (Part 2)' presentation offers a comprehensive analysis of Customer Acquisition Cost (CAC) and Lifetime Value (LTV). It provides a clear understanding of the LTV CAC ratio through a bar graph, which is crucial in assessing the return on investment (ROI) and determining product-market fit. This slide is instrumental in aligning stakeholders and communicating the product vision, as it helps in evaluating whether the MVP is successful based on the North Star metrics.
This slide is part of our Minimum Viable Product (Part 2) presentation. Available in Google Slides, Microsoft Powerpoint, and Apple Keynote. Download using links below
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Avoid negative ROI and tunnel vision with the design-thinking framework to create products that are equitable, enjoyable, usable, and most importantly, useful. In this collection, we’ll share the top design-thinking tools, from user empathy maps, to user journey maps, the rose, bud thorn framework, system usability scales, feedback grids, and many more.
How can you create the best product with the least cost of failure? Use our Minimum Viable Product presentation to dedicate the right resources and develop the most important features that users actually want, gather usability feedback, and continuously reiterate until your product is widely adopted and loved.
Neglect of product lifecycle management can lead to loss of opportunities and the product’s quick disappearance from the market. Use our Product Lifecycle Management deck to assign priorities, schedule future production expansion and marketing initiatives, pre-plan flattening sales curves and ensure the product’s ongoing success.
How do you stay innovative and provide the right values for customers? Effective product development allows companies to sustain, grow, and thrive in both old and new markets. Our Product Development framework is useful for aspirational product developers who want to learn the product development process and for seasoned product managers who want to improve workflows with additional tools.