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Entries Tagged as 'Product Markets'

Recession is a time for reinvention

June 23rd, 2009 · No Comments · Economics, Product Markets

The NYTimes does a nice job of outlining how major retail chains are reinventing their business models during this recession.
For example, at Macy’s ….

Under the new system it will not be unusual for a local Macy’s to stock the merchandise customers request, be it wide-width shoes or Sean John suits, and for those [...]

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Amazon’s Float

June 18th, 2009 · 1 Comment · Product Development, Product Markets, Usability

Jared Spool has this nice little presentation about Design Treasures from Amazon (there are four of them, or at least four that he’s willing to talk about).
The presentation is worth a listen, particularly for anyone who manages a large website and wonders how to keep making it better. The quickest answer I [...]

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Inconsistent language is confusing and erodes trust

April 23rd, 2009 · No Comments · Product Markets, Usability

Take this unsubscribe page. I got here by clicking on the “click here to unsubscribe from this newsletter” link at the bottom of a spam/bacon email:

By “unsubscribe button” do you mean the submit button …? Will I actually be unsubscribed, or surreptitiously be added to another spam list?
And while we’re at is, what [...]

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User centered design cooks

December 9th, 2008 · No Comments · Product Markets, Usability

From The Economist: Fresher cookers: The humble cooking stove is being overhauled around the world with the help of “user focused” design
The tasty bit:

As well as being efficient, stoves must also meet the conflicting objectives of being transportable and being rugged enough to withstand the rigours of daily cooking. Combustion chambers therefore present a “huge [...]

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Headline of the Day: Web 2.0 fails to produce cash

May 27th, 2008 · 5 Comments · Information Markets, Product Markets

This article from the FT, and its sister article, also in today’s FT — Web 2.0 euphoria tempered by social problems — are perhaps not news, but a confirmation of what many of us already knew. It’s hard to make money with “Web 2.0″ aps.
The article defines Web 2.0 sites and applications as [...]

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“Customer Centricity”

May 13th, 2008 · No Comments · Prediction Markets, Product Markets, Usability

If you don’t know about the Best Buy story, you should. They changed their approach to how they understand their customers, and have seen nothing but success since. A recent story in the FT neatly captures their approach.

Best Buy launched the “customer-centricity” concept in its US stores four years ago, gradually remodelling each [...]

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Amazon, the Networker

March 14th, 2008 · No Comments · Product Markets

Recent news that Amazon is creating two aps for Facebook (from TC here, and FT here) may seem a bit strange — after all, wouldn’t Amazon want more traffic and activity on their site — but a moments reflection should help explain.
Amazon is probably not only the world’s large search engine (er, product search engine, [...]

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Beware of X Economics (Or, a Primer)

February 29th, 2008 · No Comments · Information Markets, Product Markets

The Attention Economy

From Wikipedia
‘Across consumer markets, attention is becoming the scarcest – and so most strategically vital – resource in the value chain. Attention scarcity is fundamentally reshaping the economics of most industries it touches; beginning with the media industry.’
‘Attention economics” today is primarily concerned with the problem of getting consumers to consume advertising.’

The Experience [...]

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Near-Experience Goods … “Just As Shown”

February 5th, 2008 · No Comments · Information Design, Product Markets

I wrote recently about search goods and experience goods, and what that means for faceted (or guided) navigation. As I continued to think about the post, I began looking at the presentation of these goods online. And I found something rather interesting.
Let me back up a bit. Some definitions first.
A [...]

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