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Product Management Root Cause Analysis Question: Investigating sudden user engagement decline in digital banking platform
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Nextsprints

Updated Jan 22, 2025

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How can we explain the sudden decline in user engagement metrics for Ness Digital Engineering's digital banking platform over the last two weeks?

Data Analysis Problem-Solving Strategic Thinking Fintech Digital Banking Software Engineering
User Engagement Product Metrics Fintech Root Cause Analysis Digital Banking

Introduction

The sudden decline in user engagement metrics for Ness Digital Engineering's digital banking platform over the last two weeks is a critical issue that demands immediate attention. As we delve into this product root cause analysis, we'll employ a systematic approach to identify, validate, and address the underlying factors contributing to this unexpected downturn.

Framework overview

This analysis follows a structured approach covering issue identification, hypothesis generation, validation, and solution development.

Step 1

Clarifying Questions (3 minutes)

  • Looking at the timing, I'm thinking there might be a specific event or change that triggered this decline. Has there been any significant product update or feature release in the past month?

Why it matters: Recent changes often correlate with engagement shifts. Expected answer: Yes, a new UI was rolled out three weeks ago. Impact on approach: If confirmed, we'd focus on UI-related issues and user adaptation.

  • Considering user segments, I'm wondering if this decline is uniform across all user groups. Are we seeing any patterns in terms of which user segments are most affected?

Why it matters: Segmented impact could point to specific user needs or preferences. Expected answer: Older users (55+) show a more significant drop in engagement. Impact on approach: We'd investigate accessibility and familiarity issues for older users.

  • Given the digital nature of the platform, I'm curious about any technical issues. Have there been any reported server downtimes or performance degradations in the last two weeks?

Why it matters: Technical issues can directly impact user engagement. Expected answer: No major outages, but there have been intermittent slowdowns. Impact on approach: We'd prioritize performance optimization in our solution.

  • Thinking about external factors, I'm considering market changes. Have there been any significant competitor actions or industry shifts in the past month?

Why it matters: External market forces can influence user behavior. Expected answer: A major competitor launched a new feature two weeks ago. Impact on approach: We'd analyze our competitive positioning and feature set.

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