Citi Ventures
Project Name
Validation Partner
Industry
Financial Services
Company Size
Enterprise
Services
Validate, Design, Build

Overview

Our team launched Citi's first major innovation program, D10X Innovation. We partnered with Citi to build and innovation capability, implement a repeatable and phased product development process. Over a 9 year collaboration, we validated 100 product ideas, build prototypes and ran in market tests.

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Challenge

Citi Ventures’ D10X Innovation program wanted to validate multiple product ideas, through demand tests, prototyping and other methods, with a multi-year partner.

Solution

  • Executed over 100 experiments to validate new product ideas over a 9 year collaboration.
  • Launched concurrent digital demand tests, using an experiment framework and iterative sprints.
  • Tested value propositions, product features, audience segment, conversion rates and KPIs across the entire conversion funnel.
  • Leveraged qualitative and quantitative research, including interviews, focus groups, street intercepts, video diary studies, and ethnographies.
  • Created concept design, clickable prototypes, functional software prototypes and MVPs.

Results

  • Remained a trusted validation partner across many changes in strategy and personnel.
  • Created a repeatable validation methodology.
  • Delivered key insights to validate product ideas, justify next phase investments and drive internal product development.