What do you think is the No.1 sign of Product Market Fit?
Harris Cheng
29 replies
Replies
Smit Dholakiya@smit_dholakiya3
Getting customer from word of mouth
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@smit_dholakiya3 while this is important, it is not enough. Your product needs to be sticky - aka low churn/high retention. Otherwise your WOM customers leave quickly after the first look (remember Clubhouse?)
Jupitrr
@smit_dholakiya3 @mogthesify makes sense! what's the most common reason for high churn in your experience?
High conversion rate / Low Churn rate?
But in general - very broad question. Always depends on industry, market size, etc...
Flow State Training
Launching soon!
@matous_kralik That's a good take.
Jupitrr
@matous_kralik good one
Learning Loop
The number of support tickets and the level of frustration from customers when your app has a bug.
Jupitrr
@sahilypatel interesting take, but how do you know if the product is just not up to standard or getting a good PMF signal?
BodySherpa
Sales. Particularly from word-of-mouth referrals.
Jupitrr
@duffdevone good point! how do you track whether customers are from WOM?
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.
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?
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?
When we can scale our operations smoothly without compromising on quality, it tells me we're successfully meeting market demand.
Jupitrr
@aurther_bella mind sharing what product you're currently working on?
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.
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.
When you’re seeing strong and growing demand from customers who are eager to use your product, that’s a solid sign of product-market fit.
High customer retention and repeat usage indicate that people find real value in what you’re offering.
If your revenue is steadily increasing and customers are willing to pay for your product, you’re likely on the right track.
High user retention rates are a strong indicator. When customers keep coming back and continue to use the product, it shows it meets their needs.
Consistent positive feedback from users is a key sign. If customers regularly provide favorable reviews and testimonials, it indicates the product is well-received.
Rapid growth in user acquisition is a clear sign. When the product attracts new users quickly through word-of-mouth and referrals, it suggests a strong market fit.