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- đ How to find product market fit?
đ How to find product market fit?
3 tactics, 2 traps and 1 tool to find product market fit
Hello founders!
Welcome to âTactical Tipsâ by Jerel and Shuo at DECODE, where we cover one new idea to help you build and grow your startup â every week in <5 minutes!
Today, weâll be answering the question, âHow to find product market fit?â
And hereâs what Rahul Vohra, Founder and CEO at Superhuman, advised.
If youâre struggling with product market fit and wondering how to make users love your product, then todayâs newsletter is for you.
đĽ Inside this issue:
â
3 tactics to find product market fit
â
2 traps to avoid
â
1 tool to leverage
đLetâs dive in.
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3 tactics to find product market fit
đŻ Identify and focus on true fans
Ask users:
âHow would you feel if you could no longer use the product?â
A) Very disappointed
B) Somewhat disappointed
C) Not disappointed
Segment users by response and assign personas
Focus on the âvery disappointedâ groupâthese are the true fans
Ask: âWho would benefit most from this product?â
Analyze language usedâusers often describe themselves, revealing the ideal audience and what messages resonate
Use these insights to refine positioning, marketing copy, and user targeting
đ Amplify what users love and address what holds people back
Identify what users love
Ask true fans: âWhat is the main benefit you receive from the product?â
Identify common benefits in the responses
Identify what holds people back
Find users who are âsomewhat disappointedâ if they could no longer use the product, and who value the same benefits as the true fans
Uncover pain points (feature gaps, complaints, friction, etc)
Ignore users who donât align with the benefit themes or who are ânot disappointedâ
Prioritize improvements
Rank by cost (low/medium/high) and impact (low/medium/high)
Start with low cost, high impact changes
Split effort: 50% enhancing loved features, 50% removing blockers
đ Make â% of very disappointed usersâ your primary metric
Survey new users consistently
Track the % of users who answer âvery disappointedâ if they could no longer use your product, on a weekly, monthly, and quarterly basis
Repeat the process of identifying what users love and what holds them back
Align product goals to increase this metric
2 traps to avoid
đ¨Chasing mass appeal at the cost of focus
Small number of people want a large amount > Large number of people want a small amount
Narrowing the market doesn't limit growthâit creates a stronger foundation for product-market fit instead
đ¨Letting non-ideal users steer your product roadmap
Donât get distracted by users who wonât love the product
Feedback from this group often lead to irrelevant features and user cases that wonât drive growth
1 tool to leverage
đ Best practice on measuring product market fit
Aim for > 40% of users to say they'd be âvery disappointedâ if they could no longer use the product
Leverage tools like Typeform for customer surveys
Dive deeper
Watch Brian Maâs (General Partner at Iterative Capital and Founder of Divvy Homes) sharing on his journey to finding product-market fit â along with practical insights on startup decision-making and building products that actually resonate with users.
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Stay tuned for more startup wisdom in next weekâs edition!