<ul><li>Product strategy involves deciding how a product will achieve business goals by solving user problems in a unique way.</li><li>It focuses on where to play and how to win, assessing internal capabilities versus external market dynamics.</li><li>Product strategies differ based on market and product types like market penetration, market development, product development, and diversification.</li><li>Implementation of product strategy requires uncovering differentiation, linking clearly to user and business value, and combining strategy and discovery.</li></ul>

Advanced Product Management Series — Part 2: Product Strategy

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