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Is Your Product a Market Fit? Let’s Find Out! Building a product is only half the battle; knowing if it truly resonates with your audience is what sets success apart. So, how do you know if your product has achieved market fit? 1. Feedback is Your North Star: If your customers are raving about your product and recommending it, you're on the right path. Positive reviews and word-of-mouth are strong indicators. 2. Retention Over Acquisition: Acquiring users is great, but are they staying? A high retention rate signals that your product is solving a real problem effectively. Case Study: Dropbox started with a simple MVP and a viral explainer video. The overwhelming response led them to focus on refining their product. Within months, they hit a million users because they listened to early adopters and adjusted their roadmap accordingly. 3. The 40% Rule: Sean Ellis suggests that if at least 40% of your users say they’d be “very disappointed” without your product, you’re on track!
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