What do you think is the No.1 sign of Product Market Fit?
Harris Cheng
20 replies
Replies
Sahil Patel@sahilypatel
Integral
The number of support tickets and the level of frustration from customers when your app has a bug.
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Jupitrr
@sahilypatel interesting take, but how do you know if the product is just not up to standard or getting a good PMF signal?
High conversion rate / Low Churn rate?
But in general - very broad question. Always depends on industry, market size, etc...
@matous_kralik That's a good take.
Jupitrr
@matous_kralik good one
I observe that our churn rate is low, which means customers are sticking with us because they find value in what we offer.
Jupitrr
@aryan_kohli I see, would you say a buggy website will never reach PMF?
BodySherpa
Sales. Particularly from word-of-mouth referrals.
Jupitrr
@duffdevone good point! how do you track whether customers are from WOM?
If we see a steady increase in our revenue without having to spend heavily on marketing, it suggests our product is resonating well.
Jupitrr
@arthur_miller1 great point arthur, what do you think is a good amount of marketing expense for your first 10k MRR?
Aiswers.com
Has to be the revenue coming from the product. People vote with real money is the best sign that your product find its market.
Consistent positive feedback from users is a key sign. If customers regularly provide favorable reviews and testimonials, it indicates the product is well-received.
If your revenue is steadily increasing and customers are willing to pay for your product, you’re likely on the right track.
I think the number one sign of Product Market Fit is when customers are consistently coming back and using your product. If they keep coming back, it means they see real value in what you’re offering.
I believe a clear sign of Product Market Fit is when you start getting unsolicited positive feedback from users. When people reach out to tell you how much they love your product, you know you’re on the right track.
I think the biggest sign is when you start seeing organic growth in your user base. If people are finding and using your product without heavy marketing, it’s a sign that the product is meeting a genuine need.
High retention plus organic groth through word-of-mouth.
Jupitrr
@mogthesify what is the biggest sign you see when there is WOM? I personally think it's hard to track sometimes
@harrischh If it's hard to track, then your not getting enough ;-) anyway, if your traffic increases independent of ad traffic and paid referrals, that's when your getting WOM.