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Nir Eyal

Wall Street Journal Bestselling Author of "Hooked" and "Indistractable." Public Speaker and Consultant

300691 followers 500+ connections
Here's something really important to consider about product design: Not all products have to be habit-forming. Life insurance policies don't need to be habit-forming! What's important to realize is that helping users form a habit is a competitive advantage. This means that when you DON'T build a habit, you have to find a competitive advantage elsewhere. Some other competitive moats may include: Intellectual property, economies of scale, brand loyalty, or network effects. But if you don’t have a sustainable competitive advantage, you enter a never-ending fight on price and features. You drop your price, the competition drops theirs. You add a feature, the competition adds the same feature. All of these things cut into the bottom line. This is why habit-formation is so valuable: it’s a sustainable competitive advantage. #Hooked #UX #ProductDesign …see more

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