Why Cash is Still King?
March 8, 2023Business Intelligence in Cash Management
August 7, 2023In today’s digital age, a platform’s success largely depends on its user interface (UI) and user experience (UX). First let’s understand the core objective of the widely known and used term UI UX Design
User interface (UI) refers to the visual design and layout of a product or service that allows users to interact with it. UI encompasses all the elements that users see and interact with, such as buttons, menus, forms, and images. A well-designed UI is visually appealing, easy to use, and intuitive, guiding users towards their desired outcome.
User experience (UX) on the other hand refers to the overall experience that a user has when interacting with a product or service. UX is a critical factor in creating successful software or non-software products that are easy to use, accessible, visually appealing, and consistent with the brand’s image and messaging.
UI UX goes hand in hand as it is the experiences built over an interface for the users to complete a task in their lives.
Here are a few reasons why UI and UX are crucial for any platform:
First impressions matter: The UI is the first thing a user sees when they land on a platform. If it’s cluttered or confusing, users are likely to leave and not return. A well-designed UI, on the other hand, can make a great first impression and encourage users to explore the platform further.
User engagement: A good UX encourages users to engage with the platform and stay longer. This can be achieved through features like easy navigation, clear calls-to-action, and personalized experiences. The longer users stay on your platform, the more likely they are to convert or become loyal customers.
Brand image: A platform with a good UI and UX reflects positively on the brand behind it. Users are more likely to trust and recommend a platform that looks and feels professional and user-friendly.
Differentiation: In today’s crowded digital space, a well-designed UI and UX can help a platform stand out from the competition. A unique and memorable user experience can be a key differentiator for any platform. Increased revenue: A good UI and UX can lead to increased revenue in several ways. For example, by reducing the time it takes for users to complete a task, improving conversion rates, and encouraging repeat purchases.
Interesting facts on Importance of UI & UX
- A well-designed user interface can increase conversion rates by up to 200%. By providing a clear and intuitive user experience, users are more likely to engage with a product or service and complete their desired actions.
- Poor user experience can cost businesses billions of dollars. In fact, a study by IBM found that design flaws led to a 66% increase in development time and a 50% increase in maintenance costs.
- 88% of online consumers are less likely to return to a website after a bad user experience. This highlights the importance of creating a positive user experience to retain customers and keep them coming back.
- Mobile users are five times more likely to abandon a task if a website isn’t optimized for mobile. With the increasing use of mobile devices, it’s more important than ever to provide a seamless and optimized user experience across all devices.
- Good user experience design can help build brand loyalty. A study by Forrester found that companies that prioritize user experience have higher customer retention rates and are more likely to be recommended to others.
Let’s look at some real world example of smart UI UX design changes.
Apple: Apple’s unique eco system model is probably the best example of prime user experience. Users can seamlessly move between these devices and continue their work without interruption. For example, if a user is working on a document on their Mac, they can easily switch to their iPad or iPhone and pick up where they left off using Apple’s Continuity feature. IPad becomes your second screen if you have it beside your MacBook and you can access both same pointer devices. Additionally, Apple’s Airdrop feature allows users to easily share files between devices without the need for cables or additional software. This level of integration between devices creates a cohesive user experience that is unique to Apple’s ecosystem.
Similarly, Google changed the market and user experience with the move of URL bar from top to bottom of the screen. As the bar was located at the top of the page, it was difficult for users to interact with it on smaller screens, requiring them to stretch their thumbs. To address this problem and enhance the user experience, Google moved the URL bar to the bottom of the screen. In conclusion, investing in UI and UX is essential for any platform looking to succeed in today’s digital landscape. By focusing on creating a user-friendly and engaging experience, platforms can improve their brand image, stand out from the competition, and ultimately drive revenue.