Tag: product market fit
-
Product positioning
How do you decide to purchase clothes from a particular fashion brand? How do you decide which laptop to buy? This essentially depends upon your previous experiences with the product, your thoughts about how the product is, and the things you have heard from others regarding it. What is product positioning? Product positioning is the…
-
Product market fit
What is product market fit? 50% of startups fail because of a lack of product-market fit. What is product-market fit? When a product solves a customer’s pain point and adds the required value, it has achieved the product-market fit. In simple terms, the product is benefiting the customers to a level where they are ready…