In this recession-addled world, product managers are under immense pressure to drive product success. That is why, drawing from our experience of using AI, we have curated a selection of the best AI tools for product managers. Consider adopting them within your product team to optimize workflows, forecast trends, and mitigate risks.
How do AI tools help product management?
You’ve already read enough about how AI is going to be transformative. Let’s look at how AI tools will help you optimize the product management lifecycle.
1. Data analysis and insights: AI analytics tools provide valuable insights about user behavior, performance metrics, and market trends, helping you make more informed decisions.
2. Predictive analytics: AI can forecast market trends, user behavior and product performance to assist you in developing new features and reducing the risk involved.
3. Personalization: AI offers a better user experience by delivering personalized recommendations, content and features.
4. Competitive analysis: AI tools monitor competitor products, trends and activities to give you a competitive advantage.
5. Inventory management: AI tools analyze historical sales data and forecast demand. This helps product managers in inventory management.
6. Customer support chatbots: AI-powered chatbots can handle generic and mainstream customer queries and provide support 24/7. This elevates customer satisfaction and increases post-sale support.
7 AI tools for product management
While there are many AI tools available that can support you in product management, we have hand-picked some for you.
1. Collato: for better organized and easily accessible information
Collato is an AI-powered search engine for all your product-related searches. It can connect to all of your favorite tools and answer your questions.
Features:
- Allows you to search for information from tools like Confluence, Jira, Figma and more.
- Can auto-generate summaries to skim through the information of documents.
- Collato’s Slack assistant can summarize information and answer product-related questions within Slack.
Pricing:
| Plan | Price | Limits |
|---|---|---|
| Free | Free | Can store up to 100 searchable artifacts |
| Pro | $99/month after a 30-day free trial | +$50/month for every additional 500 searchable artifacts |
| Enterprise | Custom pricing | Unlimited storage of artifacts |
2. Zoho CRM: for analyzing data and providing insights
Zoho CRM is a comprehensive platform that offers an AI assistant called Zia, which can be interacted with via call or messages. Zia can provide you with predictions and insights to boost the chances of product success.
Features:
- Can detect anomalies that hinder product sales.
- Allows to build custom predictions using predictive analytics.
- Can analyze customer data to provide recommendations on customer preferences.
- Can suggest customized workflows and automation for routine tasks.
- Can identify action items from emails.
Pricing:
| Plan | Price |
|---|---|
| Free | Free |
| Standard | $14 per user/month after a 15-day free trial |
| Professional | $23 per user/month after a 15-day free trial |
| Enterprise | $40 per user/month after a 15-day free trial |
| Ultimate | $52 per user/month after a 15-day free trial |
3. Dynamic Yield: for personalized marketing and customer experience optimization
Dynamic Yield is a platform that helps businesses deliver personalized customer experiences. Dynamic Yield’s Experience OS can algorithmically match individual customers with the right content, products and offers.
Features:
- CopywriteML can automatically suggest various copy ideas.
- AffinityML can predict user intent in real-time.
- RecommendML is a self-training predictive model that can recommend the next best series of products to customers for better customer engagement.
Price: Custom pricing
4. Zeda.io: for product development ideas
Zeda.io is an AI-powered platform that helps in product discovery, helps to decide what to build next based on insights and also to create product strategies.
Features:
- Can provide AI-generated insights to identify the new features that users desire, customer pain points and bugs.
- Can perform feedback trend analysis which tracks and connects feedback with how people use the products to determine what needs improvement.
- Can provide insights to prioritize product development based on customer segments, segmented by product usage, lifecycle stage and revenue.
Pricing:
| Plan | Price |
|---|---|
| Pro | $99 per creator/month after a 14-day free trial |
| Custom | Custom pricing |
💡 Related guide: # How to Create a Go-to-Market Strategy for a Product Launch
5. Notion AI: for team collaboration, note taking and generating copies
Notion AI is a versatile workspace that provides features for team collaborations, brainstorming, copywriting, optimzation and more.
Features:
- Can brainstorm ideas for new product features.
- Can generate product descriptions, product launch announcements and more.
- Can summarize notes, generate takeaways and identify action items from docs.
- Can fix grammar, spelling and edit style and tone of previously written content in addition to making them elaborate or more concise.
Pricing:
| Plan | Price | Page history | Guest limit |
|---|---|---|---|
| Free | Free | 7 days | 10 |
| Plus | $10 per user/month | 30 days | 100 |
| Business | $18 per user/month Free trail on request |
90 days | 250 |
| Enterprise | Custom Free trail on request |
Unlimited | Custom |
6. Uizard: for UI designing, wireframing and prototyping
Uizard is a UI design tool that leverages the power of AI to generate wireframes, mockups and prototypes. It uses images provided by product managers to generate design themes.
Features:
- Can convert screenshots, images or sketches into editable designs.
- Can generate multi-screen mockups from simple text.
- Can generate attention heatmaps to predict the areas of most attention by users.
- Can generate texts for UI mockups.
- Can extract design styles from screenshots.
- Can create themes from images.
Pricing:
| Plan | Price | Limits |
|---|---|---|
| Free | Free | Up to 2 projects Up to 10 free templates Can save up to 5 custom templates |
| Pro | $19 per creator/month | Up to 100 projects Unlimited templates Can save up to 100 custom templates |
| Business | $39 per creator/month billed yearly | No limits |
| Enterprise | Custom pricing | No limits |
7. Tome: for generating presentations and narratives
Tome is an AI-powered platform that allows you to craft compelling narratives to express your work and ideas. You can simply type in a prompt and it will generate a presentation, outlines or a story with text and images. It can easily generate full presentations or just images too.
Features:
- Can generate presentations and edit them with text prompts.
- Can generate essential points from long-form posts, websites and documents.
- Can rewrite text with the right tone and length.
Pricing:
| Plan | Price | Limits |
|---|---|---|
| Free | Free | Unlimited tome creation for individuals Limited tome creation for 2+ people 500 AI compute credits |
| Pro | $10 per person/month | Unlimited tome creation Unlimited AI compute credits |
| Enterprise | Custom pricing | Unlimited tome creation Unlimited AI compute credits |
8. Fireflies.ai: for meeting summaries
Fireflies.ai is an AI-powered note taker for your meetings. It helps you transcribe, summarize, search and analyze voice conversations. It also offers an AI assistant, AskFred, that automates actions from meetings, answers questions, customizes notes and generates content.
Features:
- Can answer questions related to your meetings.
- Can write customized meeting notes.
- Can generate soundbites of important moments of the meetings.
- Can generate high-quality meeting summaries.
Pricing:
| Plan | Price | Best for | Limits |
|---|---|---|---|
| Free | Free | Individuals | Limited transcription credits 800 mins of storage/seat |
| Pro | $18 per seat/month | Individuals and small teams | Unlimited transcription credits 8000 mins of storage/seat |
| Business | $29 per seat/month | Fast growing teams and businesses | Unlimited transcription credits Unlimited storage |
| Enterprise | Custom (Annual only) | Teams with 51+ members | Unlimited transcription credits Unlimited storage |
Takeaways
These above-mentioned tools can thus help product managers better manage their projects and teams. Each tool offers unique features and capabilities to support their day-to-day activities. From planning their product marketing strategy to receiving feedback and implementing them, there are AI tools to make your life easier and your efforts more productive. They also allow for better collaboration and clarity during the entire product development process
What you should do next
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