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Monarch Money · B2C · personal finance and budgeting app

Define user types, from students to retirees, and choose which to target

Founder says it helped decide focus and messaging; no numbers

Workedpositioning-niche

What they did

Personal finance is relevant to everyone, from a college student wanting a free basic version to a retiree wanting wealth reporting. Defined personas, grouped jobs to be done under each, and used them to decide which personas to go after and what messaging attracts them.

What happened

Very helpful for deciding focus and messaging.
Stage
growth
21:46
“And that's been very helpful for us to decide, okay, which personas are we focusing on and going after, and what's the messaging that attracts them, and so on and so forth.”
Val Agostino

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