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Lenny’s Podcast76 min

Using behavioral science to improve your product

Kristen Berman · Oct 2, 2022
Key learnings
  • Pick an uncomfortably specific behavior to change rather than a vague outcome like 'engagement'; teams should align on the exact…
  • Map every step required to perform the target behavior (a behavioral diagnosis) and attach the psychological barriers at each…
  • Reduce logistical and cognitive barriers to make desired behaviors easier, since people default to the path of least resistance…
Lenny’s Newsletter♥ 185

The ultimate guide to willingness-to-pay

Feb 13, 2024 · 24 min
Subscriber post — summary only

Kristen Berman walks through the four main quantitative willingness-to-pay methods (Van Westendorp, Becker-DeGroot-Marschak, multiple price list, and discrete choice), comparing their strengths and biases. She argues…

Lenny’s Podcast72 min

EOY Review

EOY Review · Dec 29, 2022
Key learnings
  • Start positioning by identifying competitive alternatives, including the status quo, since many B2B deals are lost to 'no…
  • Map each product capability to the customer value it enables, then group these into two or three differentiated value themes…
  • Treat metrics as insights only when they explain why a behavior happens and change what you do; otherwise they are entertainment…