Post by account_disabled on Jan 23, 2024 10:30:38 GMT
I would be very disappointed I would be disappointed I would be somewhat disappointed I wouldn't be disappointed at all If more than of users would be very disappointed if they could no longer use your product, it is almost certain that the product market fit has been met. Here, the value that should be monitored is the percentage of users who return within a given time after the first visit. You can read more about this topic in this article. You will definitely feel it if you haven't reached this point yet: Although many new users register, the majority will not pay or do not use your product regularly. The sales cycle is too long. There are people who are interested, but it seems that the majority do not have serious intentions.
And the reviews fall between meh and not bad. And when you Industry Email List reach this point, you will encounter the following: New customers are pouring in, almost as fast as you can produce or rent new servers. Money is less and less to worry about. Customer service suddenly takes up too much of the team's time, and a dedicated person needs to be hired for the task. Even without any kind of PR tool , the press is writing about you, and your company is growing almost faster than you can keep up with it. This also requires the founder to understand the market where he wants to achieve results. You need to know the specifics and trends, and it doesn't hurt if you've already worked in the field.
It also helps a lot if you are enthusiastically interested in the given segment, and not only see it as a business opportunity. When it comes to finding investors, these topics will almost certainly come up during the negotiations. In many cases, the investor does not primarily give money for the product, but trusts the founder that sooner or later he will create value: that is, they invest in the person. Finding product-market fit can be divided into steps: experimenting with language market fit, building and optimizing the marketing funnel, and finding channel product fit. I will now present them in more detail.
And the reviews fall between meh and not bad. And when you Industry Email List reach this point, you will encounter the following: New customers are pouring in, almost as fast as you can produce or rent new servers. Money is less and less to worry about. Customer service suddenly takes up too much of the team's time, and a dedicated person needs to be hired for the task. Even without any kind of PR tool , the press is writing about you, and your company is growing almost faster than you can keep up with it. This also requires the founder to understand the market where he wants to achieve results. You need to know the specifics and trends, and it doesn't hurt if you've already worked in the field.
It also helps a lot if you are enthusiastically interested in the given segment, and not only see it as a business opportunity. When it comes to finding investors, these topics will almost certainly come up during the negotiations. In many cases, the investor does not primarily give money for the product, but trusts the founder that sooner or later he will create value: that is, they invest in the person. Finding product-market fit can be divided into steps: experimenting with language market fit, building and optimizing the marketing funnel, and finding channel product fit. I will now present them in more detail.