A product manager doesn't just manage a product, he studies the market demand. The things a product manager has to take care of are:
The responsibilities of a product manager are :
1. Product Planning: Product planning means a plan of the steps or processes that a product will go through from the company to the consumer. If product planning is not correct , then you c-level contact list will see that you are facing various problems while producing and marketing the product. Later, you will see that nothing is happening according to the plan and the expected results are not being obtained despite spending extra money. Therefore, product planning must be done carefully. Therefore, how the product will be produced, how it will communicate with other teams, what processes will be used, all this must be identified during product planning.
2. Understanding and Presenting Consumer Needs : A product manager must market a product with consumer needs in mind and prepare the product in such a way that consumer needs can be fully met .
3. Market Monitoring and Competitive Market Analysis: The idea about the product and the quality of the product must be presented in such a way that the consumer prefers the product manager's company over other products.