idea to features deck
TRANSCRIPT
From the market research to a prioritized feature list
Roman AleksandrenkoFounder and Product Manager
has varied experience in creating SaaS, Web and Mobile products. Previously, Roman was a product manager at SaaS start-up BoostMedia.
Agenda
1. Generate ideas2. Market Validation3. List of features4. Q & A
Generate ideas1.
Make a list of personal and professional problems
I wish I could take a power nap in the city during the day
Have powernap cabins in the business district + app to see the availability
Generate ideas1.
Make a list of personal and professional problems
How do I know all the best deals for free flight miles?
Have the coolest mile deals aggregator that knows when I have time to fly
Generate ideas1.
Make a list of personal and professional problems
When I walk in the city, how do I know that the neighborhood is safe?
Get an alert on my phone, once I enter a sketchy area
Generate ideas1.
Make a list of personal and professional problems
Co-workers should know how busy I’m, so they don’t disturb me
Visualize on the board by my desk the level of business
Generate ideas1.
Take the greatest ideas and find different markets or context to apply them
Everyone’s private driver
Uber Then we’ve got:- Uber for vets- On-demand valet parking- On-demand doctors- Uber for pizza, alcohol and weed delivery- Uber for laundry, private jets or dog walking
Generate ideas1.
Find the most popular apps and come up with the ways to modify them
Tinder
Apps for Tinder:• Flirty Keyboard• Undo accidental swipes• Autoliker• Image optimizer• Profile description optimizer• Search by common friends or likes• View many people at once• List of pickup lines• Trinder• Grinder
Generate ideas1.
Find the most popular apps and come up with the ways to modify them
Tinder
Apps for Tinder:• Flirty Keyboard• Undo accidental swipes• Autoliker• Image optimizer• Profile description optimizer• Search by common friends or likes• View many people at once• List of pickup lines• Trinder• Grinder
Those ideas emerged from the user needs and
Tinder app “limitations”:1. Swiping one by one
2. Finding the best pics for the profile
3. Writing profile description
4. Having to think about the pickup lines
5. Ability to message only to those who liked you back
etc.
Generate ideas1.
Consider the latest trends
Generate ideas1.
IFTTT + Craigslist• If I post a picture on Instagram, Save it to my Dropbox• Update Twitter, When Facebook status is updated• Save liked FB posts To read later• Get an e-mail every time The President signs a new law• Get an e-mail When popular app becomes free
• Find a ride to different city• Find someone to look after your cat• Garage sale deals• Musician gigs• House swap• Rooms for subletting etc.
Market Validation2.
Opinion Market realityIDEA
Discover if your customers buy it before you build and
launch
Market validation2.
• Surveys• Landing page• Prototype reviews• Competitive research
Market validation2.
• Surveys• Landing page• Prototype reviews• Competitive research
Market validation2.
Set of rules Prototype
reviews
Competitive research Habit development
app
Market validation2.
Prototype reviews
1. Tell them about the problem2. Your solution to the problem3. Show the prototype4. Gauge the willingness to buy
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
BALANCED
PRODUCTIVE
HABIT LIST
+20 others
Habitloop Competitors
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
BALANCED
PRODUCTIVE
HABIT LIST
+20 others
Habitloop Competitors
Freemium, $3.99
Freemium, $3.99
Freemium, $3.99
Subscription for coach, > $15
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
BALANCED
PRODUCTIVE
HABIT LIST
+20 others
Habitloop Competitors
$200K, 500K users
Undisclosed, 300K users
$100K, 200K users
$3.6M, 4M users
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
BALANCED
PRODUCTIVE
HABIT LIST
+20 others
Habitloop Competitors
Create, schedule, select, track
Create, schedule, select, track
Create, schedule, track
Create, search, schedule, select coach
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
BALANCED
PRODUCTIVE
HABIT LIST
+20 others
Habitloop Competitors
Earlier on the market
Great UX, has idea list
Clean UI
Coach marketplace
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
BALANCED
PRODUCTIVE
HABIT LIST
+20 others
Habitloop Competitors
Weak methodology
Doesn’t tell what to do
Retention problems
Failed the first concept
Market validation2.
Competitive Research
1. Who your competitors are?2. Their business model?3. Funding and traction4. Feature sets5. Competitive advantages6. Weaknesses
Habitloop Competitors
What can we add to our initial “Sets of rules“ idea:
1. Freemium business model
2. Plan to acquire 300K users within the first year
3. Must-have features: select, create, schedule and track habits
4. User journey ideas
5. Emphasis on the habit development methodology and habit idea
library
Pool of features MVP
List of features3.
Prioritization
3.Pool of features
Basic features Ideas from the brainstorm session
1. Create2. Schedule3. Select 4. Track
Invite friends, pause, complete or give up on the habit, rate the habit, write a review, sign in with Fb and twitter, capture and store victory move to elicit rewarding feeling, integrate with AppleHealthKit, bet money if you’re sure about your success etc.
List of features
3.Prioritization & MVP
Kano analysis: feature types
LinearMandatory Exciters
List of features
3.Prioritization & MVP
Kano analysis: question typesFunctional Dysfunctional
If a habit development app could track your mood, how would you feel?
I like it that way ✓I expect it to be that wayI’m neutralI can live with it that wayI dislike it that way
If a habit development app couldn’t track your mood, how would you feel?I like it that way
I expect it to be that wayI’m neutralI can live with it that way ✓I dislike it that way
List of features
3.Prioritization & MVP Kano analysis:
identifying feature types
Func
tiona
l
DysfunctionalLike Expec
tNeutra
lLive with Dislike
Like Q E E E LExpect R I I I MNeutral R I I I M
Live with R I I I M
Dislike R R R R Q
Mandatory QuestionableLinear ReverseExciter Indifferent
List of features
Mandator
y
3.Prioritization & MVP
Kano analysis: feature types
Create the habitReminderProgress chartComplete the habit
Share habitLearn moreEdit habitPause habit
Habit ideasIdea ratesIdea reviews
Linear Exciter
List of features
“The minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort” – Eric Ries
✘ Build something small✘ Fail as quickly as possible✘ Create visibility for user interaction
patterns
3.Prioritization & MVP
List of features
3.Prioritization & MVP
• Went around their office building, asking people to sign-up. Got 500 sign-ups
• First campaign: half-priced pizza on the 1st floor
• MVP: WordPress blog with offers + e-mail
List of features
3.Prioritization & MVP
• Focused on local universities • Throwing exclusive frat parties,
requiring to install the app before entering
• MVP: the app is dead simple with easy and fun use experience
Tinder
List of features
3.Prioritization & MVP
• Rent out a space in their apartment • Provided help with pictures of the
places• Leveraged Craigslist user base• MVP: simple site that was used by
friends
List of features
thanks!Any questions?
You can find me atLinkedInE-mail