Product-market fit
Degree to which a product satisfies a strong market demand / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Product/market fit?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Product-market fit, also known as product/market fit, is the degree to which a product satisfies a strong market demand.
Product-market fit has been defined by its inventor as "a unique product offering that people desperately want."[1] It is a first step to building a successful venture in which the company meets early adopters, gathers feedback and gauges interest in its product(s).