How To Determine Product-Market Fit? 🧩 | Corporate Lab

Product-market fit is crucial for business success, but determining when it has been achieved can be challenging. To find product-market fit, companies must identify their target market and user personas, develop a clear value proposition, and find the right channels to reach their audience. Signs of product-market fit include exponential organic growth, effortless user acquisition and retention, and revenue growth. However, if a company is experiencing unclear buyer personas, poor product usage, or slow or non-existent sales, it may not have achieved product-market fit yet.