Metrics, Analytics, and Data Literacy module icon - Product Management course

Metrics, Analytics, and Data Literacy

This module equips PMs with the fundamentals of data literacy. You'll learn how to define, track, and interpret the right metrics to guide product decisions. The focus is on avoiding vanity metrics, building actionable dashboards, understanding user behavior through funnels and cohorts, and applying frameworks like AARRR and North Star. It also covers common mistakes, communication strategies, and how AI is transforming analytics.

150 minutes30 lessons

Lessons

1

Why data literacy is a core PM skill

2

The role of data in product management

3

Qualitative vs quantitative data

4

Leading vs lagging indicators in product management

5

Understanding vanity metrics

6

What are actionable metrics?

7

Defining a North Star metric

8

Input vs output metrics

9

AARRR framework (pirate metrics)

10

What is activation and why it matters more than sign-ups

11

Understanding retention cohorts

12

Understanding engagement metrics

13

Revenue and monetization metrics

14

What are user funnels?

15

Attribution basics

16

Event tracking 101

17

Instrumentation pitfalls

18

Using analytics tools for product management

19

Dashboards vs deep analysis

20

What is segmentation in product analytics?

21

Understanding correlation vs causation

22

A/B testing basics

23

Statistical significance (in plain English)

24

Understanding data-informed decision making

25

The danger of over-optimization

26

Setting baselines for product measurement

27

The danger of metrics soup

28

Communicating data to stakeholders

29

AI and analytics for product managers

30

Building a metrics-driven culture

Part of Product Management Foundations

The best course to master PM essentials, perfect for aspiring or junior product managers who want solid foundations.

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Other modules in this course

Introduction to Product Management

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Understanding Users and Markets

User and market understanding is the foundation of great product management. Without it, everything else is guesswork.

Product Vision and Strategy

A strong vision and clear strategy are what separate successful products from feature factories.

Opportunity Discovery and Ideation

Before building features, great product managers discover the right opportunities to pursue.

Validation and MVPs

This module teaches how to validate ideas before wasting resources building them.

Strategic Decision-Making for PMs

This module focuses on the essence of product management: making strategic choices.

UX Fundamentals and Prototyping

This module introduces the UX basics every product manager should know.

Working with Engineering and Technology Basics

This module equips PMs with the technical literacy and collaboration skills needed to work effectively with engineering.

Principles of Effective Collaboration (Avoiding Process Pitfalls)

This module teaches PMs how to foster true collaboration across teams without falling into the trap of rigid process.

Stakeholder Management and Communication

This module teaches PMs how to manage one of the hardest but most crucial parts of the role: stakeholders.

Building and Communicating Effective Roadmaps

This module teaches PMs how to use roadmaps as living communication tools rather than static promises.

Product Launch and Go-to-Market

This module teaches PMs how to plan, execute, and learn from product launches.

Customer Feedback and Continuous Discovery

This module shows how PMs can build an ongoing discovery habit by capturing, interpreting, and acting on feedback.

Product Iteration and Growth Loops

This module teaches how product iteration actually drives success post-launch.

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Metrics, Analytics, and Data Literacy | Product Management Foundations | CraftUp