Increasing engagement in a Fintech app by 250%

Increasing engagement in a Fintech app by 250%

Increasing engagement in a Fintech app by 250%

Date

Date

Date

2023

2023

2023

Duration

Duration

Duration

3 months

3 months

3 months

Role

Role

Role

Product Design

Product Design

Product Design

Company

Company

Company

Nansen.ai

Nansen.ai

Nansen.ai

Results

Results

Results

+250% Engagement

+150% ARR (factor)

+200% Session length

Introduction

Nansen is a VC backed Crypto Analytics startup aimed at giving people an edge in crypto investing. Nansen Research was a peripheral product that showcased the main products data and provided expert analysis on the market.

The Problem

The market was undergoing a downtrend and user retention was dropping. Looking at the analytics we could see that Nansen Research lacked 'stickiness' and we considered how we could position the product differently to better showcase Nansen's benefits and help improve conversion.

The Team

I worked in a typical agile squad with a Product Owner, a Frontend Developer and a Backend Developer.

Nansen Research is home to long form content

Starting assumptions

In the kickoff meeting we established several assumptions we wanted to test with user research:

  • The site layout is too confusing

  • Users are struggling to find content

  • Users would read more articles with more intuitive layout

Research approach

To gain insights and test these assumptions I utilised a mixed of research methods to provide both quantitive and qualitative data:

  • User surveys

  • User interviews

  • Card sorting exercises

Content structure mapping

Results

The research showed clear pain points and opportunities to differentiate the product:

  • 73% of users struggled to find content related to their topics of interest

  • 84% of users reported information overload from the sector in general

  • 54% of users would like visual previews of articles to understand the contents

Design approach

The research showed clear pain points and opportunities to differentiate the product:

  • Simplify navigation - by removing excessive options and improving visual harmony

  • Craft an engaging journey - this started on the homepage as shown below

  • Adding visual impact - from showcasing charts and data to delightful animations

Strategising the homepage

Three new features were added to aid the new user journey and product offerings:

  • Chart of the Day

  • Article Bookmarking

  • Expanded Search

Final Designs

Impact

The redesign was a big success on a several levels for the product and company processes:

  • Product strategy - the increased engagement and new features led to increased conversion and therefore the product into a more strategic position.

  • Pivoting to user led design - as the first major redesign for the product with a user focused design process it enabled a shift in culture towards a more product led focus.

  • 'Design performance' metrics - the reordering of navigation and new feature placement allowed a shift from following design precedence to a data driven culture in the design chapter.

Results

Results

Results

+250% Engagement

+150% ARR (factor)

+200% Session length

Let's connect

Let's connect

Let's connect