Professional Documents
Culture Documents
Models for
Product Development
The Hook Model
The Hook
Variable
Investment Reward
http://www.hookmodel.com/
The Hook Model
What is it?
Devised by Nir Eyal, The Hook Model provides you with tactics to get your users hooked onto your product. The model has 4
parts:
1. Trigger -
a. External trigger - a trigger such as an advertisement or app notification
b. Internal trigger - a deep desire, through conditioning e.g. to take a photo of your meal and upload it to Instagram
2. Action - the trigger is useless without action. An action needs to be simple - e.g. signing in via Facebook or sharing via
Twitter
3. Variable reward - a reward that is unpredictable and changes every time. Your Instagram or Facebook feed is addictive
because it’s variable. Like gambling on a slot machine.
4. Investment - the more invested your users are in your product, the more hooked they’ll become. Investing time and energy
into Facebook makes you more likely to return to it.
Poor execution
(doesn’t meet 3 Excellent execution
expectations) 2 (meets expectations)
Basic expectations
Dissatisfied
The Kano Model
What is it?
The kano model is used to plot product features vs. customer expectations. Items can be categorised as one of 3 categories:
1. Basic expectations - does your product meet your customers’ basic expectations? If there are gaping holes in your product
which mean it is not meeting the basic needs of your customers then these should take priority.
2. Satisiers - meets the ‘wants’ of your customer. Whilst basic expectations are a must, the satisfiers go a little further in
meeting a desire of your customer.
3. Delighters - items which genuinely go above and beyond standard customer expectations to delight your customers.
Your customers didn’t even know they wanted this since it’s beyond their expectations for a product like yours.
The Product Strategy Canvas neatly visualises the strategic differences between your product and others. This helps to
demonstrate on which specific factors your product is different from the competition.
To create your canvas, firstly list all the factors on which your product competes. Then create a new value curve by distorting
your factors
1. Reduce – which factors can be reduced well below the industry’s standard?
2. Eliminate – which factors that the industry takes for granted should be eliminated completely?
3. Create – what new factors can be created that the industry has never offered?
4. Raise – which factors should be raised well above the industry’s standard?
Example of factors
● When developing your overall product strategy - particularly useful with senior execs - for driving the vision
The Business Model Canvas
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Downloadable
version here
Strategyzer.com
The Business Model Canvas
What is it?
Devised by Strategyzer, the Business Model Canvas helps companies clearly articulate their business model. The canvas is split
into several distinct sections which help to see your proposition in 1 page.
Item 5 Item 4
Effort
What is it?
● A matrix to assess the relative impact of one product feature / idea over another
● The impact can be defined by you and your team. Impact for your team may be: alignment with your strategy,
alignment with your OKRs or alignment with your value proposition
Gains
What is it?
Devised by Strategyzer, the team behind the Business Model Canvas, the Value Proposition Canvas focuses exclusively on the
value proposition of your business / product. Using customer jobs, pains and gains as the 3 core building blocks of value, map
your current and future product to these 3 areas to assess how well your product meets your customers’ needs.
● When building MVPs of early stages products (startups and products within larger corporates)
● When developing your product roadmap and strategy
The Eisenhower Box
Urgent Not urgent
DO DECIDE
Important
Do it now Schedule a time to do it
DELEGATE DELETE
Not important
What is it?
Inspired by Eisenhower’s quote, the box is a model to prioritise your things to do by categorising them into 4 categories: