How you measure Product Market Fit for a launch!
Ankur Singh
4 replies
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Anil Matcha@matcha_anil
EmbedAI
Based on getting a few paid customers
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Before spending too much time on developing a product, it's always good to get feedback for your idea. You can try to survey people, this is one method that founders use to measure Product Market Fit. It's always best to get a large sample size for this. You can also try developing a waitlist. If people are willing to provide you with their email or other info, it's a good sign that there's interest. Hope that helps!
Microlaunch
good question, you have to rely on some basic metrics:
- conversion rate
- bounce rate
- traffic
- lead velocity
Assuming some decent traffic, if your conversion rate's quite good enough, and your lead velocity shows some traction, then you're probably reaching some PMF 💯💫
TweetBoostr
Try onboarding a few beta users and take the feedback to measure your fit.