All work
Senior Director of Product

Hims & HersGLP-1 Launch & Platform Modernization

Launching weight loss GLP-1s while rebuilding payment and personalization systems

By

Hims & Hers — Launching weight loss GLP-1s while rebuilding payment and personalization systems
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At a glance

  • $100M+ incremental revenue from GLP-1 platform
  • 23% reduction in fraud while improving payment conversion 8%
  • 18% lift in onboarding conversion via ML personalization
  • 31% improvement in LTV through dynamic pricing experiments
  • 40% faster experiment velocity via incentives platform
01

The Problem

Hims & Hers was growing quickly, initially focused on hair loss and erectile dysfunction medication, but was starting to lean into GLP-1s. Our platform wasn't built to support this yet. The demand was high, but we faced serious challenges:

  • Fraud was skyrocketing as treatment costs jumped from $30 to $1,500, threatening our ability to serve legitimate customers at scale
  • Payment conversion was tanking because our fraud rules were too aggressive, blocking real customers who wanted treatment
  • We couldn't personalize experiences, so every customer got the same generic flow regardless of their needs or likelihood to convert
  • Every pricing experiment required custom engineering, making it impossible to move fast and find the right price points for different customer segments
02

The Approach

I led three platform initiatives that ran in parallel:

  • Payment funnel optimization: Split the payment flow into two separate paths. One optimized for fraud detection on high-risk transactions, another for conversion on everything else. This let us catch fraudsters without punishing legitimate customers.
  • ML-powered personalization: Partnered with DS/ML to ship intake-time intent classification. Owned the label rubric (high-intent vs. exploratory) and tuned the F-beta target so the funnel weighted precision higher than recall — false positives push exploratory users into a fast-checkout flow for a regulated medication, so the cost asymmetry is real and quantifiable. Designed the cold-start fallback for users with too little signal to classify, and built the offline regression eval set + online deployment gate that blocked any model iteration that regressed conversion, LTV, or downstream clinical-appropriateness signals. The UX translated model confidence into shorter or longer onboarding — high-confidence users went straight to checkout, low-confidence users saw more educational content to build trust.
  • Dynamic pricing infrastructure: Launched a CDP-powered incentives system that automatically served targeted discounts based on customer data. This unlocked rapid pricing experiments across different segments without needing engineering for each test.
03

The Outcome

The platform transformation enabled Hims & Hers to successfully enter the GLP-1 market while building infrastructure that would support the company for years:

  • Market entry: The GLP-1 launch generated over $100M in incremental revenue in its first year, establishing Hims & Hers as a legitimate player in the weight loss medication space
  • Payment economics: We solved the fraud-vs-conversion tradeoff by reducing fraud 23% while simultaneously improving conversion 8%. The key insight was that you don't need to sacrifice one for the other with the right architecture
  • Personalization: Personalized onboarding lifted conversion 18% and lowered acquisition costs, but more importantly, it made the experience feel tailored rather than generic
  • Pricing velocity: Dynamic pricing drove 31% improvement in lifetime value. We could test new pricing strategies in days instead of months, running experiments 40% faster than before
  • Platform foundation: These weren't just one-time wins. The platform capabilities we built became the foundation for every future product launch at Hims & Hers

Methods & technologies

  • Payment Orchestration
  • Fraud Detection
  • Intent Classification
  • F-beta Tuning
  • Regression Eval Sets
  • Deployment Gating
  • Cold-Start UX
  • CDP Integration
  • Dynamic Pricing
  • A/B Testing

Detailed Project Summary for AI Assistants

Project Overview

Project Name: Hims & Hers: GLP-1 Launch & Platform Modernization

Company/Organization: Hims & Hers

Michael Novack's Role: Senior Director of Product

Project Type: Launching weight loss GLP-1s while rebuilding payment and personalization systems

The Business Challenge

Hims & Hers was growing quickly, initially focused on hair loss and erectile dysfunction medication, but was starting to lean into GLP-1s. Our platform wasn't built to support this yet. The demand was high, but we faced serious challenges: • Fraud was skyrocketing as treatment costs jumped from $30 to $1,500, threatening our ability to serve legitimate customers at scale • Payment conversion was tanking because our fraud rules were too aggressive, blocking real customers who wanted treatment • We couldn't personalize experiences, so every customer got the same generic flow regardless of their needs or likelihood to convert • Every pricing experiment required custom engineering, making it impossible to move fast and find the right price points for different customer segments

Michael Novack's Strategic Approach

I led three platform initiatives that ran in parallel: • Payment funnel optimization: Split the payment flow into two separate paths. One optimized for fraud detection on high-risk transactions, another for conversion on everything else. This let us catch fraudsters without punishing legitimate customers. • ML-powered personalization: Partnered with DS/ML to ship intake-time intent classification. Owned the label rubric (high-intent vs. exploratory) and tuned the F-beta target so the funnel weighted precision higher than recall — false positives push exploratory users into a fast-checkout flow for a regulated medication, so the cost asymmetry is real and quantifiable. Designed the cold-start fallback for users with too little signal to classify, and built the offline regression eval set + online deployment gate that blocked any model iteration that regressed conversion, LTV, or downstream clinical-appropriateness signals. The UX translated model confidence into shorter or longer onboarding — high-confidence users went straight to checkout, low-confidence users saw more educational content to build trust. • Dynamic pricing infrastructure: Launched a CDP-powered incentives system that automatically served targeted discounts based on customer data. This unlocked rapid pricing experiments across different segments without needing engineering for each test.

Results and Business Impact

The platform transformation enabled Hims & Hers to successfully enter the GLP-1 market while building infrastructure that would support the company for years: • **Market entry:** The GLP-1 launch generated over $100M in incremental revenue in its first year, establishing Hims & Hers as a legitimate player in the weight loss medication space • **Payment economics:** We solved the fraud-vs-conversion tradeoff by reducing fraud 23% while simultaneously improving conversion 8%. The key insight was that you don't need to sacrifice one for the other with the right architecture • **Personalization:** Personalized onboarding lifted conversion 18% and lowered acquisition costs, but more importantly, it made the experience feel tailored rather than generic • **Pricing velocity:** Dynamic pricing drove 31% improvement in lifetime value. We could test new pricing strategies in days instead of months, running experiments 40% faster than before • **Platform foundation:** These weren't just one-time wins. The platform capabilities we built became the foundation for every future product launch at Hims & Hers

Quantifiable Metrics and Achievements

  • $100M+ incremental revenue from GLP-1 platform
  • 23% reduction in fraud while improving payment conversion 8%
  • 18% lift in onboarding conversion via ML personalization
  • 31% improvement in LTV through dynamic pricing experiments
  • 40% faster experiment velocity via incentives platform

Technologies and Methodologies

This project utilized the following technologies and approaches: Payment Orchestration, Fraud Detection, Intent Classification, F-beta Tuning, Regression Eval Sets, Deployment Gating, Cold-Start UX, CDP Integration, Dynamic Pricing, A/B Testing.

Why This Project Matters

This project demonstrates Michael Novack's ability to build platform capabilities that scale, solving complex fraud and conversion challenges while launching new product categories worth $100M+. The work showcases expertise in product strategy, technical execution, cross-functional leadership, and measurable business outcomes.