Improving the car pawn experience

NMP

We build a roadmap of innovation initiatives to improve the user and business journey in the car's commitment cycle.

Strategic design / Customer Journey

Challenge:

Nacional Monte de Piedad was looking to expand its pawn business, including new products, in this case, cars. The goal of the project was to redesign the current experience, creating digital channels for the placement of collateral loans (car pawning) and loans with car collateral.

“Apto has a penchant for thinking outside the box, rather than trying to digitize a process without questioning how it could be different” Deputy Product Manager, Nacional Monte de Piedad.

what do we achieve?

We designed a model that covers the journey for the placement of collateral credit from a user-centered perspective. We also designed a model for the movement of recovered cars to increase profitability and improve customer conditions.  

The implementation of the project resulted in the strengthening of current financial products and the improvement of customer experience, being the vehicle for: 

  • Develop a new line of diversification of the core current.
  • Improve an existing product and consolidate it as one of the most profitable offerings for the institution.
  • Consolidate the difference with respect to the competition in terms of technology, customer service, comprehensive services, information accessibility, support and quality of service.

How did we do it?

We analyze the journey of the user from two fundamental perspectives: firstly, the vehicle pawning process, with the aim of improving the customer experience through the design of digital onboarding. 

Secondly, we evaluate the journey recovery of the pledge, from a business perspective, including the process of selling the vehicle to recover the amount owed, as well as the model for marketing recovered vehicles.

Immersion

We begin by immersing ourselves in the company, where we focus on understanding its operating and commercial model and technology team with the aim of understanding the different business rules and its technological capacity.

Exploration

Based on research with more than 50 users, we identified their needs and different opportunities for digitalization in their current experience.

Ideation

Based on stakeholder expectations and customer learning, we define enabling concepts.

Definition

We designed a roadmap of multiple initiatives to optimize the process and improve the user experience in both journeys.

Construction

Immersion

Based on stakeholder expectations and customer learning, we define enabling concepts.

Exploration

We begin by immersing ourselves in the company, where we focus on understanding its operating and commercial model and technology team with the aim of understanding the different business rules and its technological capacity.

Ideation

Based on research with more than 50 users, we identified their needs and different opportunities for digitalization in their current experience.

Definition

We designed a roadmap of multiple initiatives to optimize the process and improve the user experience in both journeys.

Construction

Some of the projects we have done
MADE UNDER THIS METHODOLOGY

Let's talk about what we can

build together

Let's talk about it
that we can

build
together