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Product-Market Fit Prompt

Assess and improve your product-market fit.

Prompt Template

Evaluate Product-Market Fit for [Product/Service].

Product Details:
- Product: [Description]
- Target market: [Who you serve]
- Current stage: [MVP/Beta/Launch]
- Metrics to track: [Key data points]

Evaluation Framework:

1. Quantitative Metrics
   - Customer acquisition cost (CAC)
   - Customer lifetime value (LTV)
   - LTV:CAC ratio (target: 3:1 or higher)
   - Churn rate (ideal: < 5% monthly)
   - Net retention rate
   - Monthly recurring revenue (MRR)
   - Usage frequency and retention
   - Net Promoter Score (NPS)

2. Qualitative Indicators
   - Customer satisfaction feedback
   - Repeat purchase behavior
   - Customer testimonials
   - Word-of-mouth referrals
   - Product adoption rate
   - Feature usage patterns
   - Support request volume

3. Market Validation
   - Customer discovery interviews
   - Market research
   - Competitor analysis
   - Pricing acceptance
   - Sales conversion rates
   - Market readiness

4. Assessment Questions
   - Do customers love your product?
   - Would they recommend it?
   - Are they willing to pay?
   - Are they sticky (retention)?
   - Is there sufficient demand?
   - Can you scale profitably?

5. Identify Gaps
   - Feature requests
   - Unmet needs
   - Pain points
   - Competitive threats
   - Market changes

6. Improvement Strategy
   - Product enhancements
   - Pricing adjustments
   - Target market refinement
   - Marketing strategy
   - Sales process optimization

7. Validation Roadmap
   - Next customer interviews
   - Data collection plan
   - Metric targets
   - Timeline
   - Decision criteria

Success Indicators:
- Strong product adoption
- High customer satisfaction (NPS > 50)
- Good retention and expansion
- Efficient growth metrics
- Word-of-mouth effect
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