Product-Market Fit Analysis
Product-Market Fit Analysis is the process of evaluating how well a product or service meets the needs of its target market. It helps determine whether there is a strong match between the product and the market it's intended for. This analysis involves collecting and analyzing data from customers, conducting user feedback surveys, and studying market trends to assess if the product is solving a real problem and if there is a demand for it. In other words, it's like figuring out if your product is the perfect puzzle piece for the market.