Indian Institute of Management Indore

Postgraduate Certificate Programme in Product Management (Batch-12)

Indian Institute of Management Indore

About Programme

The programme empowers professionals with essential skills and insights to thrive in product management. This holistic curriculum delves into strategic thinking, market dynamics, and practical development, offering comprehensive skills. Leveraging the academic excellence of IIM Indore, participants are primed for success in the ever-evolving realm of product management.

Transformative programme by IIM Indore and industry experts.

Holistic approach covering strategy, market dynamics, and practical development.

Leverage academic excellence for comprehensive product management skills.

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Programme Content

Programme Contents

Module 01: Introduction to Product Management

Introduction to the 5i Framework.

Product Life Cycle.

Product Roles.

Success Drivers.

Exemplar Products.

Basics of Consumer Research

Data-Driven Storytelling

Module 02: Introduction to Market Analysis

Segmentation and Introduction to Positioning.

Target Market Selection.

Product Roles

Buy Build Partner

Prelim Business Model Canvas.

Business ModelPlan Analysis.

Module 03 Product Ideation and Validation

Concepts of Innovation.

Innovation Capabilities and Strategies.

Target Market Selection

Idea Generation and Validation.

Concept Generation and Testing.

Business ModelPlan Analysis.

Intellectual Property.

Business Model Canvas

Module 04: Customer-Centric Product Design

Buyer Personas.

User Personas.

Design Thinking.

Low Fidelity Prototyping.

UX Design and Interaction

Module 05: GTM Strategies.

GTM 101 Principles.

Product Market Strategy.

Brand Strategy Product Sales Strategy Lead Generation.

Brand Strategy.

Product Service Strategy.

Applications of Neuromarketing to Product Management.

Module 06: Product Engineering Fundamentals

Product Engineering Strategy

Prototype Development.

Testing and Validation.

Agile Product Development

Production Strategy

Product Feature Prioritization

Module 07: Product Pricing Strategies.

An Introduction to Pricing Consumer View Concept of Reference Price.

Role of Costs in Pricing.

Role of Value in Pricing.

Strategic Goals and Pricing

Pricing Research.

Price Structure.

Psychological Pricing.

Pricing and Customer Lifetime Value.

Price Wars.

Ethics in Pricing

Module 08: Sales Strategies

Tapping rural markets with new products.

Collateral and Pre-sales.

B2B Product Management.

Qualitative Marketing Research.

Influencing without authority.

Beta Programs

Customer Acquisition.

Customer Retention

Module 09: Product Distribution and Support

Product Packaging

Product Distribution

Product Launch

Product Certification Product Servicing Strategies.

Obsolescence Management.

Discontinuation Strategy.

Product Distribution Support Additional reading.

Market Testing.

B2B Product Management.

Please Note: Modules topics are indicative only, and the suggested time and sequence may be dropped modifiedadapted to fit the participant profile amp; programme hours.

Pedagogy

Contextually relevant Case Studies & Discussion Methods, Encouraging Reflective Learning.

Hands-on assignments, projects, and simulations for applied learning and analytical processes.

Balancing theory and practice, enabling multi-dimensional programme analyses through immersive experiences.

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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Indian Institute of Management Indore

Executive Education Office

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https://www.iimidr.ac.in
Indore, India

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Postgraduate Certificate Programme in Product Management | IIM Indore