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I'd guess because the PMs on those products are pretty sure (and I agree with them) that adding a Sankey diagram will generate ZERO additional sales, so even on
by freddie_mercury 2y ago
I'd guess because the PMs on those products are pretty sure (and I agree with them) that adding a Sankey diagram will generate ZERO additional sales, so even one day of work to implement it isn't worth it, especially given the ensuing lifetime of maintenance on the feature.
Speaking just for myself, I've looked at personal finance Sankey diagrams on Reddit many times and never understood what use they were to anyone, what actionable insights were provided that you didn't already get some other way.
- MrGilbert 2y ago> [...] and never understood what use they were to anyone. Different people consume data in different ways. For some, data is easier to understand when arranged in tables, black on white, as they can skim through a lot of datasets quite easily. Others benefit by a colorful, graphical representation, which Sankey provides. From my experience in consumer facing applications, I'd assume that a colorful, flashy, nice-looking Sankey could boost sales. People prefer things that look nice.
- shireboy 2y agoWell, I'm considering purchasing Monarch because of this feature, so not sure that's true. I am a visual learner, but the reason I like them is they help me at a glance see the flow of money through multiple categories. Some systems represent this as pie charts you drill down on, but a Sankey shows it all at once glance. As far as actionable insight, they help decide areas that would be most beneficial to reduce expenses or increase revenue.