Introduction
As the PM of an OTT service provider, identifying product improvements and prioritizing features to enhance user experience is crucial for maintaining a competitive edge in the streaming market. I'll outline my approach to this challenge, focusing on user-centric improvements that drive engagement and satisfaction.
Step 1
Clarifying Questions
Why this matters: Understanding our current performance baseline helps identify areas for improvement. Hypothetical answer: Our main KPIs are monthly active users (MAU), average watch time, and churn rate. We're seeing steady MAU growth but our watch time and churn rate need improvement. Impact: This suggests we should focus on engagement and retention-driven improvements.
Why this matters: Knowing our unique value proposition helps guide improvement efforts. Hypothetical answer: Our main competitors are Netflix and Amazon Prime. We differentiate through our focus on local content and live sports streaming. Impact: We should prioritize improvements that enhance our strengths in local content and live sports.
Why this matters: Platform usage affects the scope and priority of improvements. Hypothetical answer: We support mobile (60% usage), smart TVs (30%), and web (10%). Impact: Mobile improvements should be a high priority given the usage share.
Why this matters: Content is a key driver of OTT success and affects feature prioritization. Hypothetical answer: We have a library of 10,000 titles, with a focus on acquiring exclusive local content and sports rights. Impact: We should prioritize features that showcase our unique content and improve discovery.
Based on these answers, I'll assume we're a growing OTT platform with a strong local content focus, aiming to improve engagement and retention, particularly on mobile devices.
I'd like to take a minute to organize my thoughts before moving to the next step.
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