Money Magnet • 1y
Aaj Ki Raat, Dhandhe Ki Baat Value Proposition (Part-3): In Previous parts, we understood the Value Proposition in details. Let's finish it of with PMF (Product Market Fit) PMF is the sweet spot where your product or service perfectly meets a problem in the market. So, there are 2 approach to establish PMF. 1) Customer for Product 2) Product for Customer 1st approach focuses on, Find Ideal Customers First (with finding gains & pains we talked about previous post) > Then Build Product. In 2nd approach, Build Product First > Then find Customers for it. Both are valuable! "Customer for Product" helps target a specific audience, while "Product for Customer" ensures your offering directly addresses a real need. The best approach often involves a back-and-forth between understanding your target market and refining your product based on their feedback. #AajKiRaatDhandheKiBaat
Thatmoonemojiguy 🌝 • 3m
Understanding Product-Market Fit Product-market fit (PMF) happens when your product meets a strong market demand. It’s when customers not only buy but also love and recommend your product. Without PMF, even great marketing won’t lead to sustainable
See MoreMoney Magnet • 1y
Aaj Ki Raat, Dhandhe Ki Baat Value Proposition (Part-2): In previous post, we understood the ABC of Value Proposition. Now, let's dig little deeper. => The Game Of Gain & Pain. A winning business solves customer problems (pains) and delivers benefits
See MoreEntrepreneur is What... • 1y
The Most Important Thing about Starting a Business is about Market Research Entrepreneur should have knowledge about the market Q1) What is the Total Addressable Market Size ? Q2) Is the Industry a Sunrise or Sunset ? Q3) Is their need for your pro
See More"Built. Sold. Repeat... • 4m
"The Clear Roadmap for How to Start a Startup." •Identify a Problem: Find a real-world problem or unmet need to solve. •Validate the Idea: Conduct market research and gather feedback from potential customers. •Create a Business Plan: Outline your
See MoreIT enthusiastic | Fu... • 7d
Some glimpse of business full form ? GTM:- go to market LTV:- lifetime value MVP :- Minimum viable product GT:- General Trade SP:- selling price ROI:- return on investment ROAS:- Return on advertising spend DAU:- Daily Active user MAU:- Monthly A
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