Democratizing Product Development: Amazon, Google and Facebook
Posted in Amazon, Analysis, Business, Democratization of Information, Facebook, Google on August 23rd, 2007 by leodirac – 2 CommentsA trend in modern successful websites is the democratization of information and decision making. The so-called wisdom of the crowds is at the heart of what makes a web 2.0 company successful. I’m going to compare how three companies have democratized the process of making product development decisions. Amazon makes extensive use of so-called A/B testing to try out new UI’s and optimize the user flow. This works very well for them because their end goal is very well defined: they want people to buy stuff. They are facing a very hard optimization problem, but their objective function is clear…
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Leo is a professional geek who looks forward to the robots taking over. For more current, less coherent thoughts, follow him on twitter