Tuesday, July 17, 2018

Positioning Is the Part of Product Market Fit You are Likely Ignoring

Positioning Is the Part of “Product Market Fit” You’re Likely Ignoring

Most people when searching for product market fit, focus on the product - let’s release an MVP (product) to see if people are interested; if not, add more features to product and so on. Instead focus on positioning and keep updating that until you find the right mix.

Positioning is about finding answers to following questions -
- Who do customers think your product/service is for? - Wide vs narrow targeting
- What do customers think makes you unique?
- What pain points do they think you solve?
- How credible do they perceive you to be?

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