20 min
Note: I’ve used GPTEngineer to build this software.
4Ps Framework
The 4P Framework (Product, Price, Promotion and Place) is usually used in many use cases:
- Consulting Problem Solving
- Market, Company, Product, Feature Analysis
- 4Ps Framework
- Product
- Features & Implementation
- Integrations & APIs
- User Experience
- Customer Feedback & Concerns
- Documentation & Support
- Values & Accessibility
- Adoption & Community
- Price
- Cost Structure & Pricing Models
- Market Share & Revenue
- Hidden Costs & Perceived Value
- Support & Security
- Free Trials, Discounts, & Upsell
- Customer Lifetime Value (LTV)
Product
Features & Implementation
- What features does the product offer?
- How is the product implemented?
- What are the technical challenges of the product?
- Can the product be customized?
- How frequently are product updates released?
- What are the main benefits of the product?
- Are there opportunities for feature votes or recommendations from users?
Integrations & APIs
- How does the product integrate with other systems or platforms?
- Does the product offer APIs for integration?
User Experience
- What is the user journey like when using the product?
- Are there any points of friction in the user experience?
- How is user onboarding structured?
Customer Feedback & Concerns
- What is the customer feedback loop for this product?
- What lessons have been learned from customer feedback?
- What are the major concerns from users about the product?
Documentation & Support
- How does the product work?
- Is there comprehensive documentation available for the product?
- Is in-app support available to help users?
- Are there product notifications to assist users?
Values & Accessibility
- What values does the product align with?
- Is the product sustainable?
- How accessible is the product for all users?
- How user-friendly is the product?
Adoption & Community
- Who are the main users of the product?
- What is the product's adoption rate?
- How many active users does the product have?
- How is customer segmentation handled for this product?
- Is there a community built around the product?
- Are there any gamification elements within the product?
- How does the product encourage customer loyalty?
Price
Cost Structure & Pricing Models
- What is the cost structure of the product—fixed or variable?
- What pricing model does the product follow (subscription, one-time, freemium)?
- How does the pricing model compare with competitors?
- Are there flexible pricing options, such as annual or monthly plans?
- Is there any pricing anchoring strategy used for this product?
Market Share & Revenue
- What is the market share of the product?
- What is the revenue generated by the product?
Hidden Costs & Perceived Value
- Are there any hidden expenses or fees associated with the product?
- How do customers perceive the value of the product?
Support & Security
- What level of support is included in the pricing?
- How secure is the product for users?
- How trustworthy is the product perceived to be by customers?
Free Trials, Discounts, & Upsell
- Is there a free trial available for the product?
- Are discounts offered for the product?
- What is the conversion rate of free trial users to paid customers?
- Are there upsell opportunities after the initial purchase?
- Is there any post-purchase engagement to encourage further spending?
Customer Lifetime Value (LTV)
- How is the lifetime value of customers measured?
- How does the pricing impact the customer’s long-term relationship with the product?