This is Product Management cover image

This is Product Management

290 - Behavioral Science is Product Management

Jan 17, 2022
33:29

Podcast summary created with Snipd AI

Quick takeaways

  • Customer feedback alone may not reveal true intentions in decision-making, Automatic enrollment drives retirement saving behavior.
  • Behavior diagnosis reveals small steps leading to behavioral outcomes and uncovers key insights for product enhancement.

Deep dives

Understanding the Gap between What People Say and What They Do

The podcast explores the disparity between what people claim they will do and what their actual behavior reveals. Traditional methods rely on customer interviews, assuming that answers will reveal true preferences. However, behavioral science suggests that direct inputs may not reflect real intentions. For instance, when asked about saving for retirement, most participants cited financial constraints, but behavioral studies showed that automatic enrollment was the actual driver, revealing the limitations of relying solely on customer feedback for decision-making.

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