Nikhil Kambli
Nikhil Kambli

ET Money: For first-time users (UX Audit)

About the Challenge

  • Do a UX Audit of a leading financial service product so as to build confidence among first-time investors to invest.

  • Consider only 1 user flow or 1 screen for the audit. Ideally, this should be a high impact screen for the target audience.

  • Also basis your audit you need to list out the top 2 changes ETMoney should make, to provide a better experience for first-time investors.


Research

🌍 Secondary Research

Data was acquired from D91 Labs (Personal Finance Survey | 2020)

  • A lot of participants preferred doing their own research before investing, this shows that proper knowledge resources on an investing platform will be of great help to new & experienced investors.

  • Another major portion of users took advice from family & friends but it is also necessary to seek professional help and not just rely on family & friends.

Investment Journey
  • Most of the users had particular goals in mind before investing; hence an investing platform should be flexible enough to let users add a goal and invest accordingly.
Investment Goals

🙎‍♂️ Primary Research

I spoke with friends who were either new to investing or had never invested before and showed them the current ETMoney app to identify their pain points and areas for improvement. Key issues included:

  • Users were overwhelmed by sheer number of investing options

  • Difficulty in understanding various investing options


Evaluation & Solution

🥲 Identified Problems (Dashboard)

Identified Problems on Dashboard

☑️ Proposed Solutions (Dashboard)

Proposed Solutions for Dashboard

🥲 Identified Problems (Investment Screen)

Identified Problems on Investment Screen #1
Identified Problems on Investment Screen #2

☑️ Proposed Solutions (Investment Screen)

Proposed Solution for Investment Screen #1
Proposed Solution for Investment Screen #2

Outcome

  • All the submissions were evaluated on the following parameters (Prioritisation, Analytical Ability, Research, Communication Skills)

  • My solution got an overall score of 8.3/10

This Redesign for ETMoney App was a part of a UX Hackathon by UXHack

Send Nikhil Kambli a reply about this page
More from Nikhil Kambli
Back to profile