You're developing a new product. How do you choose user experience features over revenue-focused ones?
When developing a new product, striking the right balance between user experience (UX) and revenue-focused features can be challenging. To ensure your product meets user needs while also being profitable, consider these strategies:
How do you prioritize UX in your product development process?
You're developing a new product. How do you choose user experience features over revenue-focused ones?
When developing a new product, striking the right balance between user experience (UX) and revenue-focused features can be challenging. To ensure your product meets user needs while also being profitable, consider these strategies:
How do you prioritize UX in your product development process?
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Prioritize Product Fit! 🎯 Here's what I would do: - 🔍 Conduct thorough market research to identify customer needs and gaps. 📊 - 🛠️ Develop a clear value proposition that addresses those identified needs. 🌟 - 🤝 Involve cross-functional teams early to gather diverse insights and expertise. 🗣️ - 📈 Create prototypes for rapid testing and gather user feedback iteratively. 🔄 - 📅 Set measurable goals for product success to track progress effectively. 📈 - 🎉 Celebrate feedback loops to encourage continuous improvement and innovation. 🌱 Ensure that your product development aligns closely with market demands, increasing the likelihood of success.
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At Jompass, we were developing a new product and had to decide between adding UX features or focusing on revenue-generating ones💡The challenge was to balance immediate revenue needs with long-term user satisfaction and growth. I gathered data from user feedback, market research, and competitor analysis to understand what would drive user retention. We prioritized UX features that addressed common pain points, knowing that a positive UX would lead to higher engagement and loyalty. Meanwhile, we included subtle revenue-focused elements that wouldn’t disrupt the user journey🧩Our approach improved user satisfaction, leading to increased word-of-mouth referrals. Over time, the boost in user retention contributed to higher revenue growth 🚀
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As a startup founder, I focus first on (user experience) to build --> trust. A great UX leads to - loyal users, which eventually drives revenue. While features are important, I integrate them in ways that don’t disrupt the experience. So, users stay satisfied and are more likely to invest in premium features! 🙌🏻
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Startups often struggle to become profitable and fail within the first two years for a clear reason; building innovative solutions requires more than just creativity - it needs real demand, value, and substantial investment. Understanding your product is crucial, but driving user adoption is a slow, gradual process. Rushing to monetize before establishing value is a common mistake. Without demonstrating clear value to your users, it becomes challenging to justify pricing or monetization efforts. The key to sustainable monetization starts with solving real problems, gathering user feedback, and developing a product that delivers tangible value. Once you’ve built something that resonates with your audience can monetization follow naturally.
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When developing a new product, choosing user experience features over revenue-focused ones is like deciding between making a killer first impression or just going straight for the wallet—it’s tempting to chase the dollars, but customer love lasts longer. Start by asking yourself, "What keeps users coming back?" A seamless, delightful experience might not show immediate profit, but it’s the kind of investment that pays off in loyalty and word-of-mouth gold. Prioritize features that solve real pain points or add joy to the journey—because happy users are repeat users. The revenue will follow when you create something people can't live without. Play the long game, and the profits won’t just trickle in—they’ll pour.
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In my previous experience, when developing a product for an early-stage company, I prioritize UX over revenue. At this stage, building trust and delivering a seamless experience is crucial for gaining traction, encouraging user retention, and establishing a strong foundation for future growth. In other situations, I take a more balanced approach, assessing user pain points, gathering feedback, and conducting market research to identify features that can enhance both UX and revenue generation. This might involve exploring options like freemium models, upsell opportunities, or other features that align with the product’s core value while also driving financial sustainability.
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Prioritizing UX over revenue-focused features is a strategic balance of user needs and business goals. A strong UX is essential for driving adoption, engagement, retention, and long-term product success. Consider these strategies: 1. Identify UX features that can drive revenue. 2. Prioritize features that deliver significant user impact. 3. Track user behavior alongside revenue metrics. 4. Continuously refine design decisions. 5. Set KPIs for both UX and revenue outcomes.
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When developing a new product, choosing user experience features over revenue-focused ones requires balancing both priorities. First, understand your target audience’s needs through user research, ensuring the product addresses pain points. Prioritize features that enhance usability and create long-term customer loyalty, as a positive experience drives retention. However, also consider features that provide clear value, aligning with business goals. By focusing on user satisfaction first, revenue growth often follows naturally as satisfied customers are more likely to convert and remain loyal.
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When balancing user experience (UX) and revenue-focused features in product development, here’s how I approach it: User Research First: I prioritize understanding user needs through surveys, interviews, and usability tests, ensuring we build features that truly solve their problems. Iterative Design: I use a feedback-driven design process, refining UX based on real user interactions, ensuring the product resonates with customers before pushing revenue goals. MVP Approach: I start with an MVP that focuses on delivering core value to users, adding revenue-generating features after validating the product’s usefulness.
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To create a successful product, it all starts with truly understanding your customers, what they need and where there are gaps. Once you have that insight, build a value proposition that speaks directly to those needs. Involve different teams early on to bring in diverse perspectives, and don’t be afraid to get your hands dirty with prototypes and feedback from real users. Set clear goals to measure progress, and embrace feedback as a chance to improve, rather than a setback. By staying aligned with what customers want and continuously refining based on real-world input, you’ll increase your chances of building something that truly resonates and succeeds.