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Iterative Development in Product Management

Iterative development is a methodology where the product is developed and improved in repeated cycles. It allows for incorporating feedback and making adjustments throughout the development process, leading to a more refined and user-centric final product.

Example

At Facebook, iterative development is a core part of their product management strategy. They frequently update features based on user feedback and data analysis, ensuring that the platform continuously evolves to meet the needs of its users more effectively.