Mint.com: Why Design Matters, Too

18 Comments

mint_white.jpgEditor’s Note: This morning I read of Mint.com’s new $12.1 million funding round, lead by Benchmark Capital. Mint hawks online money management software. TechCrunch highlighted Mint’s impressive growth stats — 160,000 users in just 6 months of life as a startup; 10,000 new users each week, etc. I was reminded of a piece that one of Mint’s own employees, Jason Putorti, wrote for us back in November, on the topic of design and why it is as important for product adoption as your code. Mint is obviously doing a lot of things right, so I’m republishing Jason’s piece today — study this company!

Let’s face it, startup founders have their hands full with a multitude of issues, large and small. Most attention is placed on the nuances of business models, viral marketing, user acquisition, etc. But an often overlooked success factor in building a web business — or any business — is design. Good design can often tip the scales in your favor; make your company very hard to ignore. In this post, I’ll explain a few important reasons why design matters so much.

1. Good design implies credibility
You only get one chance to make a first impression. When people visit your website, most won’t go through a fact-finding expedition to figure out your Series A numbers, who your investors are, and what your story is just to decide if your company can be trusted. Initial trust is a gut-feeling. The easiest way to put your company on that path is via well executed visual design that shows you put some effort, and money, into delivering a first-rate and satisfying experience to your customers. They will notice. Ignore design and you risk creating distrust of your business from day one, and driving up that bounce rate.

2. Brand+1
There’s no such thing as a ‘neutral’ brand experience. This little word is kicked around a lot and its meaning is often confused. Your company’s ‘brand’ is how other people feel about your company. (Yes I said feel!) Put another way, it’s what your customers say about you, not what you say to them. You might even call it your company’s personality. For example, what do you think about Amazon.com? That’s their brand. If Amazon has done a good job, what you think will match up with what they want you to think, also known as their “brand values.” Every interaction between your company and your customer affects your brand in a positive or negative way. Well-executed visual communication can go a long way to providing the right takeaways.

3. Usability is life and death
In the world of web 2.0 and beyond, a UI is what turns an idea into a usable product. A well-executed, intuitive UI is what turns a usable product into a successful one– especially today when there are so many options available. There have indeed been successful pieces of software over the years that were poorly designed, but in these cases you can point to lack of competition, closed-standards, or sheer market power. Web 2.0 changes this, and is forcing companies to create simple and elegant solutions that create the shortest paths from start to finish for their tasks. This is especially true with free apps, where little is invested. The age of feature bloat and design by engineers, with all due respect, is over.

4. Design is a powerful business advantage

There’s another adage about building a better mousetrap. Somebody had to design that mousetrap. For you MBAs out there, first-mover advantage is powerful, but great design by a second-mover can nullify it. Do you remember who released the first MP3 player in America? If you do, kudos, and you probably also know that they aren’t around anymore. The Apple iPod was three years late to the game, has less features than competing devices (the Zen, and now the Zune as well), and yet completely dominates the market today. Why? An innovative UI in the clickwheel, and purely emotive and beautifully-designed branding that pioneered music as a necessary component to your lifestyle.

5. Connect with your customers emotionally
Design is one of the only ways you can connect with your customers emotionally. Design allows you to deliver visceral experiences that can affect people. Recent advances in neuroscience, specifically FMRI, have shown that people tend to act on emotion, then back it up with reasoning later (if at all). This revelation has spawned a whole new marketing movement, known as emotional branding. The vehicle is pure design. Emotional brands, says Marc Gobé, create “strong…personalities that closely match the aspirations of their customers” through “the strength of their culture and the uniqueness of their brand imagery.” Apple is so successful at this that it spawned a book, The Cult of Mac. Facebook‘s new product pages are an excellent vehicle for emotional branding, too: people become ‘fans’; when they publicly declare support for your product, they are saying your values match up with their own. You’ve connected with them emotionally. You’ve won.

Jason M. Putorti is currently the lead designer of Mountain View-based Mint.com, which makes software for online consumer money management. Prior to Mint, Jason founded an advertising agency and publishing company in Pittsburgh, Pennsylvania.

18 Comments

Matt Needham

We are looking to launch a web business later this year, geared at a completely different proposition to mint.com.

We are currently in the design phase, and have been using mint.com (as well as etoro and vark.com) as examples of ‘what good looks like’. Quite honestly, our designs so far have not been close to these sites, both in terms of user experience and look-and-feel.

Could anyine point me in the direction of the agencies which designed the original etoro, mint and Aarvark sites?. There could be some work coming their way…

Many thanks in advance for any help on this
Matt

David Hehman

Someone once said “Never under estimate the power of a great user interface.” Robin Kriegstein from http://www.goaltribe.com is trying to follow the path of mint.com for his goal achievement site. I’ve been working with him to prioritize design and user experience.

pwb

I’m not so sure. I think over-designed web sites can actually be a turn off. A “thick” interface can get in the way. Also, it’s easy to suspect that a heavily designed web service is harder to update and thus will be slower to get improvements.

dave mcclure

surprised I missed this first time around, but happy to discover the rewind :)

not surprised to read Jason’s philosophy, as it’s readily apparent & well-executed on the Mint.com site as proof.

applause Jason, & congrats to the Mint team on the recent round.
spend it wisely…

– dave mc
(disclosure: Mint investor / advisor)

Matt

This is an excellent post. Carleen thanks for pearoast. Jason, thanks for the original.

Dave

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OnlineMarketer

Wow, great post. This is so important and I’m always shocked by how many people just don’t get it.

I’m more of a content guy rather than design but they are linked in so many ways that I think you can’t (or shouldn’t) totally separate them. I talk a little about this on my blog, especially the design of solicitation emails here: http://onlinemarketer.wordpress.com/2007/11/28/holiday-solicitation-emails-part-1/. I hope you find it interesting.

Thanks for advocating for smart design! I’ll be sure to stop back and read more.

DJ

Mike

This is a great post–we might have to tape it up to the wall. Thanks Jason. Laura would be proud.

fooman

What a great post! I wish all my clients read this. As a designer in Malaysia, it can be really hard to convince people about the importance and also the significance of design. Looking forward to reading more of your insights.

kevcombs

Design is a big component in credibility, but it’s not an equivalent. If a good design isn’t a part of something useful, then it’s a pointless exercise and can be very much part of a bad brand experience. In your ipod example, the first genius of the product as designed was including free data management software– it simplified music. It was actually a very similar design to those old AOL CDs that helped millions get started using the net.

Aaron Patzer

I read this and thought: “Wow, everyone at Mint.com should read this.” Then I realized it was written by Jason, of Mint.com.

Jason: Have I told you lately that I’m glad you’re on the Mint team?

Aaron Patzer, Founder & CEO, Mint.com

Advice Network

I’m a big fan of the ‘Don’t make me think” school of design. While some sites have shown us that ugly can make money (plenty of fish, craigslist) that is not the path I would recommend.

Matt

I really enjoy looking back at great designers of the past. Whether it’s designing a chair, an automobile dashboard, or a web-app…

“Design is not just what it looks like and feels like. Design is how it works.”

– Charles Eames

Crunchazoom

Couldn’t agree more. Mint itself is a great example of the power of excellent design. Another web site that nails it is Pandora. The one thing I would point out is that what fits one’s own design aesthetic may not be the right one for your target market. Look at eBay or Craigs list. They’re not pretty, but they still work well and produce phenomenal loyalty. Which underscores another point, the product itself still needs to be great.

Ryan Deussing

Great post. I’d add that it’s crucial for entrepreneurs to realize that design ≠ appearance alone. Design that works is more than skin deep.

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