Helping Sellers Price Their Gear

Reverb.com

  • Type of Project

    Behavioral Design & Systems Design

  • My Role

    Strategist & Lead Designer

Explore the work

Explore the work

Case Study

Objective

Overpriced gear was a huge problem at Reverb. Sellers were pricing their gear well over market value, and there were a lot of stale listings that weren't selling. My team owned the seller listing experience, so we identified a big opportunity to improve how sellers price their gear.

Process

Money is a delicate subject with our sellers, so delicate that our pricing language guidelines hadn’t been worked on in a while. I collaborated start to finish with my product manager, I iterated on the copy multiple times with his feedback to balance brevity with a measured touch.

We wanted to stay focussed with our experimentation, so we only made changes to the pricing step of the sell flow. I started wide with my early design exploration, exploring many solutions and ideas, but the final design deliverable ended up having a very tight scope to keep it very focussed on the user problem of helping sellers price their gear.

Outcome

With a single component, we were able to improve the pricing experience in a lightweight way. Sellers now had live feedback as they're pricing their gear, helping them publish more affordable listings.

The experiment was an unambiguous success and gave us learnings on multiple fronts: pricing language, the efficacy of new sentiment colors, and new iconography for AI-like product suggestions.

Impact

$4.7M

GMS earnings

GMS = gross market sales, calculated by the analytics department following a successful experiment

$4.7M

GMS earnings

GMS = gross market sales, calculated by the analytics department following a successful experiment

+9.5%

Competitively priced listings published

Responding to the new design, sellers started publishing better prices

+9.5%

Competitively priced listings published

Responding to the new design, sellers started publishing better prices

+1.4%

Listings sold

Better priced listings are more likely to sell

+1.4%

Listings sold

Better priced listings are more likely to sell

Successful experiment

The new experience was made live for all users

Successful experiment

The new experience was made live for all users

Major learnings

Three types of learnings were had surrounding the way Reverb talks to sellers

Major learnings

Three types of learnings were had surrounding the way Reverb talks to sellers

Related Project

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