What Is Your Product’s North Star? - Deepstash
What Is Your Product’s North Star?

What Is Your Product’s North Star?

Curated from: productcoalition.com

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What Is Your Product’s North Star?

The North Star is the Star Polaris, the brightest in the Constellation Ursa minor. Because it is almost motionless in our night sky, navigators can use it to find their way without a map or compass.

To work out your north star metric, think about the one thing that a user can do with your product to help fix their problem. For Spotify and Netflix, a north star metric might be clicking on ‘play’. For Amazon’s Kindle store, it might be downloading a book. Instagram’s north star metric might be image uploads.

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What Does ‘North Star’ Mean in Product?

Airbnb began as a way to cut out the middleman and hassle of short-term property rentals. They later branched out to luxury booking and local experiences. Everything they do reinforces their North Star.

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Making it a metric

Some companies, notably Google, use the concept of a 'North Star metric' to guide Prioritzation decisions and measure the performance of their products. By having a North Star metric, you’ve condensed down everything your product is really aiming to do above all other functions. The one which gets users to stream more songs, Upload more photos, or buy more books, is probably the most useful feature. A North Star metric is also a key component in Product-Led

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Using it to guide teams and stakeholders

Guiding teams and stakeholders is difficult for product managers. You have to have all of the influence, but with none of the authority ! But this can be made easier when everyone is united towards the same goal.

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Using it for branding and storytelling

Externally, your North Star becomes a selling point for users. It might be what leads them to choose your product over your competitor. When your North Star is evident in everything you do, it helps communicate the story of who your brand is.

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What can we learn from this?

Product-market fit isn't a one-time thing, it's a Constance process. If you don't pay attention to whether the work Converges on the vision, no one else will. If you don't pay attention to whether the work Converges on the vision, no one else will. If you don't pay attention to whether the work Converges on the vision, no one else will.

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IDEAS CURATED BY

nathanielyu

Audiological scientist

Nathaniel Yu's ideas are part of this journey:

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