Startup
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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