When developing an idea at an early stage, a PM must solve at least four tasks: estimate the market, study customer needs, calculate the economics and launch a MVP.
Product
Discovery and MVP
Simulator
5 hours of practice
Apply at work
By Lead PMs Wolt, Booking
14000+
38%
★4.7/5
alumni since 2020
come from colleagues’ recommendations
average score review
19000+
PMs in our community
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Student reviews
- Loved the fact that you need to think :) Caught the excitement of doing my best first and then understand the logic where I was wrong.Marina
- I've got trapped by a task! Finally realised why I need to calculate SOM and how it can help me!Igor
- There are no ready formulas and this is amazing: you have to find it on your own and calculate a lot! After a hundred tries, you're gonna learn!Alexander
- I really liked the fact that it's not a test where you need to check the right boxes but you have to create a sheet to calculate the model! Such practice is the best to learn the study!Nina
- The lesson is great: global and very essential at the same time. Interactive tasks for specific cases were super interesting and useful!Max
- I liked the feeling that I was operating during the task as a real PM at work!Oleksandr
Who is this simulator for?
PMs who need to calculate a monetary impact
Did you find many great features you believe in? First, check how they will affect the product's economics.
PMs who have a brilliant idea and are ready to implement
No matter how amazing your idea is, it's not a success yet. Take it as a hypothesis and validate it first!
Those PMs and founders who want to grow 10x
Learn to estimate the scale you get to with your product at any market.
What does the simulator look like?
Meet the Authors
- Andrew MendeSenior Product Manager
Data Science
Booking.com Netherlands- 11 years of experience in product management
- Launched a bunch of products at Yandex
- Teaches at ProductStar, Laba, Otus
Key skills:
Analytics, A/B test, Custdev, ML.
- Alexander PovarovHead of Product
Payments
Wolt Estonia- PhD, 8 years of experience in product management
- Launched Yandex.Kassa
- Teaches ProductStar, Laba, Otus
Product metrics, Unit-economics, Payments.
Simulator Program
You will face real-life cases that require product decisions to be made in a startup that launches a clothes rental service. You'll need to step in as a Product Manager to understand customers' needs, find the achievable market size, and build unit-economics.
Not taking everything for granted but challenging everything is an important PM skill. It's not enough to say that everything is undefined, you have to build a lot of product hypotheses and then prioritize and validate them.
You will learn:
→ the JTBD methodology to build hypotheses
→ JTBD scoring
→ competitor identification
→ job and sub-jobs
What it looks like:
→ formulate JTBD for several cases
→ calculate their priority using a template in Google Sheets
→ apply the acquired knowledge to the clothing rental use case
→ average completion time is 2 hours
You will learn:
→ the JTBD methodology to build hypotheses
→ JTBD scoring
→ competitor identification
→ job and sub-jobs
What it looks like:
→ formulate JTBD for several cases
→ calculate their priority using a template in Google Sheets
→ apply the acquired knowledge to the clothing rental use case
→ average completion time is 2 hours
Defining and launching an MVP is one of the pillars of product work because it allows you to try hypotheses, spending days instead of years and hundreds instead of millions of investments. MVP is your new approach to any project and any feature.
You will learn:
→ several examples of MVPs of top companies
→ MVP structure and MVP Canvas Template
What it looks like:
→ step by step filling out the MVP Canvas for a clothing rental startup
→ you apply the MVP approach for a separate feature
→ at the end - a convenient MVP checklist for use at work
→ the chapter will take about two hours to work with
You will learn:
→ several examples of MVPs of top companies
→ MVP structure and MVP Canvas Template
What it looks like:
→ step by step filling out the MVP Canvas for a clothing rental startup
→ you apply the MVP approach for a separate feature
→ at the end - a convenient MVP checklist for use at work
→ the chapter will take about two hours to work with
The given market analysis methodology helps you to estimate your ability to scale your business and the limits of your growth.
You will learn:
→ the basics of the acquisition funnel
→ TAM, SAM, SOM definitions
→ methodology of calculating the scale of your business
What it looks like:
→ you'll play around with the acquisition funnel's model
→ you'll have to make a difficult and unpopular decision
→ the chapter will take about an hour to work with
You will learn:
→ the basics of the acquisition funnel
→ TAM, SAM, SOM definitions
→ methodology of calculating the scale of your business
What it looks like:
→ you'll play around with the acquisition funnel's model
→ you'll have to make a difficult and unpopular decision
→ the chapter will take about an hour to work with
In this chapter, you'll learn the basics of unit economics and build a simple but flexible unit economics model.
You will learn:
→ the definition of unit economics
→ ideas on how to select a unit
→ costs classification and allocation rules
What it looks like:
→ allocate the gross economic metrics to a unit
→ model different scenarios in Google Sheet
→ make a decision to scale (or not to scale) the product based on data
→ the chapter will take about 2.5 hours to work with
You will learn:
→ the definition of unit economics
→ ideas on how to select a unit
→ costs classification and allocation rules
What it looks like:
→ allocate the gross economic metrics to a unit
→ model different scenarios in Google Sheet
→ make a decision to scale (or not to scale) the product based on data
→ the chapter will take about 2.5 hours to work with
Pricing
1 student
Solo
Start immersive, hands-on learning and accelerate your career growth.
€120 €83
or get up to 30% off with a bundle
• 70+ practical challenges
Pay via Stripe • Digital certificate
• Unlimited access
2-10 students
Team
Engage your team in upskilling together and enjoy an extra 10% discount.
€120 €75
per student
• 70+ practical challenges
Contact sales • Digital certificate
• Unlimited access
11+ students
Enterprise
Boost the company's growth by educating your employees on in-demand skills.
Contact Sales for pricing
• 70+ practical challenges
Contact sales • Digital certificate
• Unlimited access
• Students' progress1 student
Solo
Start immersive, hands-on learning and accelerate your career growth.
$132 $91
or get up to 30% off with a bundle
• 70+ practical challenges
Pay via Stripe • Digital certificate
• Unlimited access
2-10 students
Team
Engage your team in upskilling together and enjoy an extra 10% discount.
$132 $82
per student
• 70+ practical challenges
Contact sales • Digital certificate
• Unlimited access
11+ students
Enterprise
Boost the company's growth by educating your employees on in-demand skills.
Contact Sales for pricing
• 70+ practical challenges
Contact sales • Digital certificate
• Unlimited access
• Students' progressSimulator Bundle
Want to save on multiple simulators? Create your own bundle and unlock discounts! The more you add, the more you save:
• 2 simulators: 10% off
• 3 simulators: 15% off
• 4 simulators: 20% off
• 5 or more simulators: 30% off
If you're interested in purchasing a package and receiving a discount, please contact us. We'll be happy to provide you with a payment link.
• 2 simulators: 10% off
• 3 simulators: 15% off
• 4 simulators: 20% off
• 5 or more simulators: 30% off
If you're interested in purchasing a package and receiving a discount, please contact us. We'll be happy to provide you with a payment link.
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Try a free simulator lesson!
30 minutes of practice, more than 20 actual tasks that give you an idea of working as a PM in an international company. It's also a quick and easy way to understand how the ProductDo simulator works.
- Alex ProductDoWe hope we answered all of your questions.
Still have more? Contact us via any messenger plug-in at the bottom right, or drop us a line at support@productdo.io, and we'll be happy to assist you.