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PRODUCT GROWTH

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– I’m Steve (visitmy.website)

– Been doing digital stuff ~10 years

– Loved the Web as a teen

– GDS, NHS, startup, Boring Magic

– GOV.‌UK, GOV.‌UK Pay, Secure Data Environment, GOV.‌UK Design System, planning.data.gov.uk, NHS App

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  1. Growth is about impact
  2. Growth is part of a PM’s job
  3. Three questions
  4. Examples of my growth work
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GROWTH IS ABOUT IMPACT

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Growth techniques get products and services in the hands of more people. Makes them more useful. And can maximise benefits.

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GROWTH IS UKEF’S JOB

From UKEF’s Impact Framework.

  1. Exporters can’t get finance or insurance
  2. UKEF products and services step in
  3. UK businesses win contracts, fulfil orders, get paid
  4. UK businesses export
  5. Jobs, GDP, growth in every region
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GOV.‌UK PAY

Cheaper and easier way for public services to take payments online.

  1. Changing payment providers is time-consuming and costly.
  2. GOV.‌UK Pay steps in
  3. Public services can take payments quickly and cheaply
  4. Money saved, more cash to transform more services
  5. Life admin is less tedious
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GROWTH IS PART OF A PM’S JOB

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If all you do is write tickets, run sprint planning, and give status updates, you’re a backlog jockey. It’s real work, it just isn’t product management.

Product management is a business strategy role. You need to set strategy and execute it.

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“A product manager makes sure that their products provide value and achieve the right outcomes by balancing user and business needs.”

– DDaT skills framework

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“Great products solve real problems for our users and customers, in ways that our customers love, yet work for our business.”

– Marty Cagan

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THREE QUESTIONS

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GROWTH IN THREE QUESTIONS

  1. What stops people using this? (Conversion)
  2. What would make them use it more? (Retention)
  3. How can we bring new users in? (Acquisition)
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WHAT STOPS PEOPLE USING THIS?

Find out what stops people using it after they’ve started, and make the most frustrating or tedious parts simpler. Obsess over CSAT and metrics.

Fix bugs or janky flows. No integrations. Hard to get started. One part takes too long. Indecision. Confusion.

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WHAT WOULD MAKE THEM USE IT MORE?

Find out what the people who stick around do, the other parts of their workflow. Add value. Fix or remove anything that turned the other people away. LTV and returning users.

Small Export Builder lets you increase your credit insurance limit incrementally as you build up a positive trading history with your buyer.

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HOW CAN WE BRING NEW USERS IN?

Where do they look for finance or help? Who do they already trust? Who’s talking to them? New sign-ups.

Brokers, banks, councils, communities, meet-ups, podcasts, media. More like trad marketing.

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  1. Fix what stops them
  2. Deepen what they do
  3. Bring in more
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EXAMPLES OF GROWTH WORK

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GOV.‌UK PAY: RECURRING PAYMENTS

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In 2020, GOV.‌UK Pay only offered one-off card payments. We had to sunset Direct Debit and Open Banking was growing in popularity.

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DISCOVERY

6 local authorities, 2 central departments, 6 agencies, 1 government company, 1 NHS trust.

Payments leads, service owners, digital and IT specialists.

Decide whether Pay should provide another way for people to pay for something now, or provide a way to pay regularly.

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Everyone needed some form of recurring payment. Monthly or annual subscription (garden waste, fishing licence) or pay in instalments.

Direct Debit is low-cost but slow. Card payments are near-instant but have higher fees. Open Banking is almost free but fewer bank account-holders have enabled it.

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WHAT WOULD MAKE THEM USE IT MORE?

When looking to commission a new payment service, there are 3 important facets of a decision.

  • Triggers: another change to the service, fees ramping up, a supplier failing
  • Enablers: a payments strategy, a tech team, a whole-cost view
  • Blockers: bundled contracts, wary finance teams, legacy back ends
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Strategy: recurring card payments now, recurring Open Banking payments next.

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One service was spending £80,000 a year manually renewing annual Direct Debits. Recurring card payments would cost them about half that.

Lots of local authorities had some form of manual renewal. All 500 services taking card payments could adopt recurring payments easily.

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“One major boost is that the recurring card payment system for rod licences is now up and running. The EA has already seen significant uptake of the new payment method.”

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PLANNING.DATA.GOV.UK: EXTRACT

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planning.data.gov.uk only grows if councils publish data.

Digitising one conservation area boundary by hand took a planning officer 1 to 2 hours. Hundreds of councils, thousands of documents. The bottleneck was on the supply side.

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THE EXPERIMENT

  • 12-week incubation with i.AI
  • Measurable success criteria set up front: text, dates, shapes, geolocation
  • Result: under 15 minutes for one area, beat every criterion
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Several local planning authorities digitising all their planning documents.

The platform has seen an increase in LPAs publishing their data too. (Waiting on numbers!)

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JOBS FOR MONDAY

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Get out of the building. Speak to users. Analyse the data. Experiment, experiment, experiment!

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  1. What stops people using this? Talk to 5 people who started and stopped.
  2. What would make them use it more? Speak to 10 people who were recently funded. Find the common problem you could address.
  3. How can we bring new users in? Ask 15 users how they found you, and where else they’d look.
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REMEMBER:

  1. Exporters can’t get finance or insurance
  2. UKEF products and services step in 👈
  3. UK businesses win contracts, fulfil orders, get paid
  4. UK businesses export
  5. Jobs, GDP, growth in every region
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THANK YOU!

Questions?

More growth tips:

boringmagi.cc/academy

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