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Page no. 1 Building Online Trust with Product Design Nick Coster

Brainmates social media trust talk

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Page 1: Brainmates social media trust talk

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Building Online Trust with

Product Design

Nick Coster

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about brainmates

brainmates is an Australian company established in 2004

brainmates specialises in:

Product Management consulting services

Strategic Product Management training

Our team enjoys developing new, successful products, training Product Managers and nurturing the Product Management community in Australia

2–confidential

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The Role of Product Management

The role of Product Management is to deliver and maintain

products and services that

1. Provide more value than the competition.

2. Help build a sustainable competitive advantage.

3. Deliver financial benefit to the business.

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Provide more value than the

competition

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Creating Value

Products are more valuable to a

customer when they address an

unsatisfied Need.

In the world of online social networks

consumers need to know who to trust.

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A short history of online Trust

Web 1.0

Reading and Linking

User “Trusts” the

source of the content

No personal data

exchanged

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Web “1.5”

1-way interactions

Closed Interactions

Eg online banking,

online shopping.

User interacts with

service provider

tools.

User trusts the service

to work

Services begin top

validate users with

“authentication”

Eg early use of

cookies and login

screens

Web 2.0

2 way interactions

User Generated

content

Amazon, eBay,

blogging and

commenting “social

media applications”

User interacts with

the Service Providers

tools

AND other users

AND can create

or add content

AND can publish

“relationships”

with other users

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Web 2.0 Social Networks

are built on Trust

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Unfortunately trust is complicated

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Trust is…

A human emotion

An ongoing relationship

Hard to establish, easy to erode

Transferable or inferred

Reputation based

Changes over time

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Trust is….

Surprisingly easy to compromise in the short term

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Creating Value

By creating products that facilitate and build

trust business can create value for their

customers.

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Build a sustainable competitive advantage

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Invest in building trust into the product

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Need

ConsumerProblem

ProductProblem

TechnologyProblem

First, Understand the Problem

Problem Space

Solution Space

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Need

TRUST

Identification / Authentication

Security / Data Protection

Problem Space

Solution Space

First, Understand the Problem

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Good Product Design

Step 1 – Understand the Target Market

Create a Primary Persona

Step 2 – Understand the Primary Persona’s objectives and goals

Eg shop online without getting ripped off

Eg interact publicly without personal information being revealed

Step 3 – Describe specific usage scenarios that enable them to meet these

objectives

Step 4 – Design and build product and service solutions that support the target

markets goals in the usage scenarios.

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Even Better Product Design

Step 1 - Understand the Attacker/Fraudster Target Markets

Create one or more a Attacker/Fraudster Personas

Step 2 – Understand their objectives and goals

Eg Steal authentication information

Eg capture personal information (often for other

authentication)

Eg steal or make money.

Step 3 – Describe specific usage scenarios that describe how

they may attempt to meet these objectives

Step 4 – Design and build product and service solutions that

cripple or prevents the Attacker target markets goals

in their usage scenarios.

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Design Constraints

Product will be designed by delivering on

The successful completion of the Primary Personas Goals

The prevention or disabling of the Attacker Persona goals

By combining the requirements defined by the combination

of both personas additional constraints will be included.

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EXAMPLES

eBay Feedback system

User generated reviews

And user rating of user generated reviews

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Competitive

Advantage

The challenge of addressing both the

Positive and Negative persona goals

Make it harder to find a product

solution

Will ultimately improve the

product

Will better satisfy the

UNARTICULATED market need

that support a trusted solution.19

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Financial benefit to the business

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The Web 2.0 “Trust” Problem

and Opportunity

Companies that are prepared to address the problems of

TRUST online have the potential to deliver:

more value to their customers

can create a competitive difference in the market

place

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By making valuable products that are safe and easy to use by design,

significant financial benefits can be attained.

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Thanks and Questions

Website: www.brainmates.com.au

Twitter: www.twitter.com/brainmates

Linkedin Group: brainmates – product management people

Nick Coster

Director, brainmates

Mob: + 61 401 803 926

E: [email protected]

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contact details

Adrienne Tan

Director, brainmates

Mob: + 61 402 803 926

E: [email protected]

Website: www.brainmates.com.au

Twitter: www.twitter.com/brainmates

Linkedin Group: brainmates – product management people

Nick Coster

Director, brainmates

Mob: + 61 401 803 926

E: [email protected]

24–confidential