How to Strategically Alter Your Product or App

Designer drawing a light bulb, concept for brainstorming and ins

Apps, products, and companies evolve over time. As technologists, we seek to improve our product by constantly optimizing one thing and tweaking the next. Although radical innovation will certainly help your product, sometimes little changes, such as introducing new or improved features, can have a great impact.

Mobile app developers often use new features to recapture users’ attention or stay up-to-date with current trends and technology. Many developers viewed the new iOS7 as an opportunity to refresh their products and roll out dramatic new design changes.

Introducing something new can cause headaches for companies and users alike. But whether you’re releasing an app feature or debuting a new product line, a data-driven approach can help you evolve without losing your existing customers.

Why You Should Treat Changes and New Features With Care

While a periodic refresh can help keep your company relevant, instituting dramatic changes without listening to your customers can prove disastrous. Fashion retailer J.Crew, known for its preppy-with-a-twist look, alienated customers when its new collections strayed too far from the classics. This is a good example of a company that confused customers by deviating too far from its fundamentals.

Haphazardly releasing new features can also appear as though your company is losing focus on its core competencies. Imagine if tomorrow Facebook rolled out a Dropbox-like file-sharing system, a professional network, and a video channel. You would probably feel frustrated — especially if the new features weren’t up to Facebook’s standards.

Here is a simple guide to how you can use data to drive the introduction of new features and keep both your company and your customers focused on what you do best.

  1. Gather as much data as you can. You should use real customer data to inform most decisions, particularly when rolling out new features. Every time you add or change a feature, you should gather information about its effects on customer behavior.
  2. Determine goals and conversion metrics. For app development, this usually works by determining a set series of “paths” you’d like your user to go through while using your app. For example, a Facebook-like application could read something like this: “Open the app, go through friends’ photos, ‘like’ a photo.” Your conversion metric to see if a feature worked as intended would then be the number of photos users “liked.” Ideally, you would also have a set of data to use as a comparison, such as the number of photos users “liked” before the feature was introduced.
  3. Tweak until you hit the success criteria. If the current conversion metric is lower, you know it’s time to go back to the drawing board to pinpoint the problem. Often, it’s a simple matter of tweaking the color of a button to draw attention to it. Other times, you may have to scrap the feature altogether. It’s helpful to determine significant drop-offs in the user’s path and remove any obstacles or explore A/B testing to isolate one variable at a time.
  4. Talk to humans and gather feedback. Although looking at numbers is helpful, sometimes it’s best to actually talk to the real humans using your product. Understanding their pain points will add context to the data you’re seeing. Of course, the caveat here is that sometimes the user isn’t always right. In Twitter’s early days, the most requested feature was private tweeting, but this wasn’t aligned with the vision and goal for the product. Take user feedback with caution, and keep your product vision and data in mind.

While you should always launch with care, a new feature doesn’t have to be perfect when you release it. Rolling out something in beta first allows you to gather useful data on what works and what needs improvement before you introduce it on a mass scale, and your power users enjoy being the first to try it.

At the end of the day, you should consider what’s best for your customers. Allow their feedback to drive improvements, and really listen to their pain points. If you keep customer data at the core of new features, you won’t lose them along the way.

Rameet Chawla is the founder of Fueled, a mobile design and development company based in New York and London, and the founder of the Fueled Collective, a co-working space comprised of over 35 startups in downtown Manhattan. Combining a decade of experience architecting web and mobile applications, Rameet has created apps for a wide-range of industry clients from high-end fashion brands to successful tech startups. He is passionate about building and being involved in disruptive technology ventures and can be found on Facebook and LinkedIn.

The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.

Jumpstart Foundry Nashville Startup Rentstuff.com Moves To Chicago & Pivots Away From Core

Earlier this year we brought you an interview with Rentstuff co-founder Chris Yaeger. The Nashville startup had quickly rose to prominence in the peer to peer renting category, with the idea they cultivated as part of the JumpStart Foundry program.

With $600,000 raised to help them along the way the startup relocated to Chicago’s 1871 in July and debuted their Chicago based team at TechWeek earlier this summer.

Their original idea, had a lot of holes in it in terms of insurance to the renter, and market viability but the concept was rock solid. One user could rent that DSLR camera that sits in the closed for $30-$50 a day to their local neighbor and make a few bucks on the side. You may have even been able to go as far as to call the idea “AirBnB for Stuff”.

At last look you could find anything from tents and sleeping bags, to weed-eaters and iPads. While I admitted to a friend on the phone just the other night, I would never rent out my personal iPad, if there was a market for it, I may pick a used one up off Craigslist just to rent out on rentstuff.com.

While couchsurfing and AirBnB made it ok to crash at a complete strangers house or even on their couch, it seems that letting a complete stranger rent my crock pot, serving trays or video camera, wasn’t in the cards.

The company, now based in Chicago, has pivoted to a more mainstream, portal to connect folks with businesses in the “Rent To Own” industry like RentACenter and Aarons.  Now, you go to rentstuff.com and you can fill out a form which lets you request rental quotes from local companies. You can attempt to rent anything from a limousine to a laptop, to a sofa, whatever you need you should be able to get it.

A note on the site tells you that letting a rental company call you can get the process done faster. Of course, bidding out your rental should also mean that you get better deals.

Call me crazy though, the original idea was much more innovative. In fact the crazy guys that produced the Wipple video below, used a leaf blower that they rented from the “rentstuff.com marketplace” to produce this video.

There is definitely a market for the new version of rentstuff, similar to the way that there is a market for the pivoted SpareFoot.com which we covered earlier this month.

Linkage:

Check out rentstuff.com new site here

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