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May 13, 2023

May 13, 2023

May 13, 2023

The Revenue Formula for Designers: Why Do the Best Designs Solve Pain Points?

Many think design is just about making beautiful things. But honestly, I've seen too many "beautiful" designs that nobody wants to pay for. Want to know why? Because they only solved the designer's need for self-expression, not the users' real pain points.

Category

Design

Reading Time

10 Min

Date

May 13, 2023

The Airbnb Turning Point

In 2009, Airbnb was on the brink of bankruptcy. Brian Chesky, a designer-turned-founder, identified the core issue: their property photos were terrible.

Pain point identified: Hosts couldn't take good photos, making properties look worse than reality.

Solution: Airbnb sent professional photographers to properties. The result? Bookings doubled, and the company took off.


The American Success: Stripe's Design Revolution

Stripe identified three major pain points in payment processing:

  1. Complex integration processes

  2. Poor user interface

  3. Lack of developer-friendly documentation

Their design solution:

  • Seven lines of code to integrate

  • Clean, intuitive interface

  • Beautiful, interactive documentation

Result? Stripe's valuation reached $95 billion in 2021, with design being a key differentiator.


European Innovation: Revolut's Financial Design

Revolut spotted pain points in traditional banking:

  • Complex currency exchange

  • Difficult expense tracking

  • Cumbersome international transfers

Their design approach:

  • Clean interface for instant currency exchange

  • Real-time spending notifications

  • Seamless international payments

Outcome? Over 25 million users by 2023, with design driving user acquisition.


How Can Designers Find Valuable Pain Points?

  1. Data Insights

  • Research shows 75% of consumers will pay 20% more for products that solve specific problems

  • Over 80% of failed designs don't address real needs

  • McKinsey's Design Index shows design-led companies outperform peers by 2:1

  1. Field Research Methods

  • Capital One designers regularly shadow customers at branches

  • IDEO designers spend weeks observing user behavior

  • Microsoft's design team conducts over 100k hours of user research annually

  1. User Feedback Loops

  • Figma's design team releases updates every two weeks based on user feedback

  • Adobe's design system team maintains constant user communication

  • Slack's design process involves weekly user testing sessions


Practical Recommendations

  1. Build a Pain Point Database

  • Document all user feedback

  • Prioritize based on impact and frequency

  • According to Nielsen Norman Group, 5-7 user interviews can identify 80% of core problems

  1. Quantify Pain Point Value

  • Assess target user scale

  • Calculate solution's business impact

  • Use metrics like Time Saved or Error Reduction

  1. Continuous Iteration

  • Design is never "done"

  • Follow the 80/20 rule: launch at 80% perfect, iterate the rest


Tools and Frameworks

  1. Pain Point Analysis Matrix


  2. ROI Calculation

  • Cost of the problem × Number of users affected

  • Time spent dealing with the issue × Average hourly rate

  • Lost revenue due to the problem


Conclusion

Remember: The most profitable designs are those that solve real pain points. Don't just chase aesthetics; pursue "problem-solving aesthetics."

As John Maeda, former design partner at Kleiner Perkins, said: "Design isn't just about visual appeal, it's about making the complex simple and the simple valuable."

Next time you take on a project, ask yourself: What problem does this design solve? When that's clear, your design's value becomes clear too.

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