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Product Management Metrics Question: Defining success for Ajaib's mobile app user interface in fintech
Image of author vinay

Vinay

Updated Dec 5, 2024

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Asked at Ajaib

15 mins

how would you define the success of ajaib's mobile app user interface?

Product Success Metrics Medium Member-only
Metric Definition User Experience Analysis Product Strategy Fintech Investment Apps Mobile Banking
User Engagement Product Metrics Fintech Mobile App Financial Inclusion

Introduction

Defining the success of Ajaib's mobile app user interface is crucial for ensuring the product meets both user needs and business objectives. To approach this product success metrics problem effectively, I will follow a simple product success metric framework. I'll follow a structured framework that covers core metrics, supporting indicators, and risk factors while considering all key stakeholders.

Framework Overview

I'll follow a simple success metrics framework covering product context, success metrics hierarchy.

Step 1

Product Context

Ajaib is an Indonesian investment app that aims to democratize investing for the masses. Their mobile app interface is the primary touchpoint for users to manage their investments, explore new opportunities, and learn about financial markets.

Key stakeholders include:

  1. End users (primarily young, tech-savvy Indonesians)
  2. Ajaib's product and engineering teams
  3. Company leadership and investors
  4. Regulatory bodies

The user flow typically involves onboarding, account creation, exploring investment options, making investments, and monitoring portfolio performance. Users navigate through these steps using the app's interface, which needs to be intuitive, informative, and compliant with financial regulations.

This product fits into Ajaib's broader strategy of increasing financial inclusion and literacy in Indonesia. The mobile app interface is critical in making investing accessible and understandable to a wide audience.

Compared to competitors like Bibit and Stockbit, Ajaib's interface needs to stand out in terms of ease of use and educational content integration. The product is in the growth stage, focusing on user acquisition and engagement while continuously improving features based on user feedback.

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