MiniMBA in MarketingMiniMBA in Marketing
Module 7
Product
product management / jobs to be done / diversification
For many marketers, product is the most important ‘P’. And it's easy to see why. Everything you've built strategically in Modules 1 to 6 has to be delivered through what you actually sell.
Module 7 covers the full scope of product management in marketing: not just new product development, but the improvement of existing products and, crucially, the discipline most marketers overlook entirely: knowing when to kill a product and reduce your portfolio.
A bloated portfolio dilutes focus, drains resources and obscures what your brand stands for. Learning to rationalise it is one of the most commercially valuable skills a marketer can develop, and one of the most undertaught. Module 7 changes that.
What you’ll learn
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How the jobs to be done framework reframes product development around the outcomes customers are actually trying to achieve, not just the features they say they want
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The principles of new product development: from customer insight through to launch – and how to reduce the risk of failure at each stage
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How to evaluate and improve existing products so they continue to fulfil your product marketing strategy and deliver on your brand positioning
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How product diversification strategy works: when expanding your portfolio is the right move and when it isn't
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The case for product portfolio management and the commercially vital skill of deciding which products to cut, reduce or retire
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How product decisions connect back to your positioning, objectives and target market, ensuring tactical execution stays true to strategic intent
Ready to learn how to manage your product portfolio like a strategist? Reserve your place on the next MiniMBA cohort.
In Mark’s words
"For many marketers, product is the most important part. We explore new product development, existing product improvement and the all-important challenge of killing products and reducing the portfolio. There isn't a more important tactical step than managing products in the portfolio better."
Mark Ritson, creator of the MiniMBA in Marketing
Other Modules
market orientation / customer obsession / the marketing concept
Module length: 1 hr 15 mins
Reading: 4
Study time: 2 hrs
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qualitative and quantitative methods / research design
Module length: 1 hr 21 mins
Reading: 3
Study time: 2 hrs
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sophisticated mass marketing / behavioral and firmographic approaches
Module length: 1 hr 33 mins
Reading: 3
Study time: 2 hrs
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mass marketing versus targeting / strategic choices / customer portraits
Module length: 1 hr 5 mins
Reading: 4
Study time: 2 hrs
perceptual maps / distinctive brand assets / differentiation and distinctiveness
Module length: 1 hr 43 mins
Reading: 4
Study time: 2 hrs
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strategic planning / funnels / OKRs
Module length: 1 hr 24 mins
Reading: 5
Study time: 2 hrs
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price research / behavioral economics / price setting
Module length: 1 hr 34 mins
Reading: 4
Study time: 2 hrs
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integration / advertising effectiveness / messaging
Module length: 1 hr 39 mins
Reading: 4
Study time: 2 hrs
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direct and indirect distribution models / physical availability
Module length: 1 hr 49 mins
Reading: 4
Study time: 3 hrs
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