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or how to make product decisions?
The importance of good product principles
Nir Gazit , CPO
Product dilemmasYou deal with them on a daily basis
Navigate your product
Product principles provide a framework to take decisions at all levels
Product dilemma
OR
1 2
Writing your own product principles Do's and don'ts
#1 - You need to make a clear decision
“Focus on the user and all else will follow”
“We strive to understand our market needs and adapt to change"
#2 - It describes how to build a product
“Conversion is most important and trumps profitability optimization”
“Our target is a conversion rate of 75%"
#3 - It is personalized to your company
“MACHINES ARE OUR PATIENTS.”
“We strive to make our customer’s life easier and get more value from their work."
#4 - It is easy to remember
#5 - It evolves over time
To add: SummaryThis is our product compass. Go find yours!
Nir Gazit , [email protected]
• We are not a bank. We disrupt banking
• Sense of security & privacy is key
• Merchants are the gateway to customers, so our products
must “wow” the merchant
:
Thank you,