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Product School Final Presentation by Jai Sandhu
- 1. Final Presentation By Jai Sandhu
- 2. So, What Does Venmo do? Send & Receive Money Securely Make business purchases Pay using your Bank account, debit or credit card Quickly Transfer money to your Bank Account Share your activities & react to your friend’s activities
- 3. What Products does Venmo have? iOS App Android App Web App
- 4. And How Does Venmo work? Download App & Sign-up with Email or Facebook Link Bank Account or CreditDebit Card Search & Add People Pay or Request Money
- 5. Core Value Make Venmo the Easiest way to exchange money with Friends & Businesses
- 6. What’s a User Persona for Venmo? 20 year old College Sophomore Works part-time Very particular about Personal finance Likes to settle debts ASAP Lives with 3 other roommates Share household itemsgrocery shopping duties with roommates Loves eating out with Friends Jenna - “The petty debt collector”
- 7. How does Jenna use Venmo? Goes for Brunch with Friends Pays Check for the table Sends Venmo Request to Each Friend
- 8. What are Jenna’s pain points? ● She has to create multiple requests. 1 per person in the group. ● She has to calculate each person’s share
- 9. Are there other Jennas Out there? According to Data released by Venmo on World Emoji Day 2016, 30% of all Venmo transaction include Emojis.
- 10. How do we eliminate the pain point? Split Feature
- 11. Split Feature to eliminate Jenna’s pain point Existing Request or Pay Screen New Split Screen
- 12. Split Feature to eliminate Jenna’s pain point
- 13. Split Feature to eliminate Jenna’s pain point
- 14. Why build the Split Feature? Solves a pain point for Users like Jenna Aligns with Venmo’s core value of “Making it easier to exchange money” Low cost of development (Venmo already have a Split feature for business payments made) Competitive edge
- 15. How do we Measure Success? Total # of transactions # of users of Split feature # of Existing Request type created per user # of Existing Request type created per user of Split feature
- 16. How do We Launch? Pre-Launch Launch Post-Launch â—Ź Distribute build to internal users â—Ź Create marketing assets â—Ź Communicate to internal stakeholders â—Ź Get legal clearance â—Ź Submit apps for approval â—Ź Make sure testing is completed â—Ź Make sure analytics tracking is added â—Ź DeployRelease products â—Ź Publish Blog Posts â—Ź Press Release â—Ź Social Media Promotion â—Ź Monitor Key Metrics â—Ź Iterate
- 17. Summary - A Happier Jenna Pays checks for groups more Request money easily from entire group at once
- 18. Thank You
Editor's Notes
- Phone verification is required for security purposes.