Lenny's Podcast: Product | Growth | Career cover image

Lenny's Podcast: Product | Growth | Career

The happiness and pain of product management | Noam Lovinsky (Grammarly, Facebook, YouTube, Thumbtack)

Mar 17, 2024
01:09:34
Snipd AI
Discussion with Noam Lovinsky covering challenges in growth at YouTube and Thumbtack, lessons from building Facebook's New Product Experimentation team, insights into Grammarly's success, importance of diversifying growth channels, visioning in product strategy, creating innovation space at large companies, and resilience of Grammarly's team in Ukraine
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Podcast summary created with Snipd AI

Quick takeaways

  • Diversifying growth channels is crucial for sustained success, as seen in Thumbtack's shift from SEO to paid and referral channels.
  • Inclusive product strategy involving all leadership roles is essential for navigating challenges effectively, as highlighted by Thumbtack's experience.

Deep dives

Lessons on Diversifying Growth Channels and Addressing High Friction Experiences

At Thumbtack, the experience of relying heavily on SEO for growth highlighted the importance of diversifying growth channels proactively. The shift from relying solely on SEO to exploring paid and referral channels before the SEO performance declines was critical in sustaining growth. Furthermore, recognizing and addressing a high friction customer experience was essential. Thumbtack's transformation from a delayed customer response model to enabling instant quotes improved customer satisfaction and business performance.

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