This blog is a combination of articles from leading experts and Unbiased Insights.

Finding Product-Market Fit for Consumer Products

Finding Product-Market Fit for Consumer Products

“There will always be the risk of failure when launching something new to the market. The beauty of this quest for product-market fit is that you can dramatically improve your chances of success with these pre-launch steps that help uncover the nuanced needs of the market. And that can make all the difference between success and failure.“

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Steve Blank Blog Posts on Customer Discovery
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Steve Blank Blog Posts on Customer Discovery

Article 1: “I didn’t immediately understand the point. I was a great marketer. I was getting feedback from customers, and I’d pass on every list of what customers wanted to engineering and tell them that’s the features our customers needed…Oh…hmm… perhaps I was missing something.”

Article 2: “By the time I joined Ardent I thought I was an experienced marketer, but I’ll never forget my first real lesson in what it meant to understand customers and product/market fit.”

Article 3: “Most startups lack a process for discovering their markets, locating their first customers, validating their assumptions, and growing their business. A few successful ones do all these things. The difference is that the ones that succeed invent...”

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Marc Andreessen’s Original Blog Post on Product-Market Fit
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Marc Andreessen’s Original Blog Post on Product-Market Fit

“Do whatever is required to get to product/market fit. Including changing out people, rewriting your product, moving into a different market, telling customers no when you don’t want to, telling customers yes when you don’t want to, raising that fourth round of highly dilutive venture capital—whatever is required.”

“Ironically, once a startup is successful, and you ask the founders what made it successful, they will usually cite all kinds of things that had nothing to do with it. People are terrible at understanding causation. But in almost every case, the cause was actually product/market fit.“

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The Real Product-Market Fit
What Is Product Market Fit Tom Collopy What Is Product Market Fit Tom Collopy

The Real Product-Market Fit

“Founders often try to signal they’ve reached product/market by pointing to their number of employees or a major round of funding. What I look for is a frantic founding team trying to deal with ever-growing numbers of happy, loyal, and ideally paying customers. Until then, stay lean, keep burn low, and resemble a Navy SEAL team instead of an Army battalion.”

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