Being a product designer requires a combination of technical skills, creative thinking, and strategic understanding. First, you need proficiency in design tools like Sketch, Figma, or Adobe XD. You also need a solid understanding of design principles and UX design methodologies. A good product designer knows how to conduct user research, create personas, develop wireframes and prototypes, and conduct usability tests. In addition to these technical skills, problem-solving skills are crucial. You need to be able to identify user problems and devise design solutions. Furthermore, understanding business and strategic goals, and aligning your designs with these, is critical. Communication skills, a collaborative mindset, and a commitment to continuous learning are also essential.