Alex Johnson
Expert in Product Strategy with years of experience helping businesses succeed.
Connect with Alex on LinkedIn to learn more about product strategy.
Product-Market Fit: Signs You're Getting Close
Product-market fit is the holy grail for startups. Here's how to know when you're getting there.
Early Signals
1. **Customers are finding you**: Organic growth and word-of-mouth 2. **Usage is increasing**: Growing daily/monthly active users 3. **Retention is improving**: Users come back regularly 4. **Customers are paying**: Willingness to pay indicates value 5. **Support requests changing**: From "how to use" to feature requests
Key Metrics to Track
- **Retention Rate**: Are users coming back?
- **Net Promoter Score (NPS)**: Would users recommend you?
- **Revenue Growth**: Month-over-month growth
- **Customer Acquisition Cost (CAC)**: Decreasing over time
- **Lifetime Value (LTV)**: Increasing value per customer
What to Do When Close
1. **Double down** on what's working 2. **Remove** features that don't add value 3. **Focus** on your core value proposition 4. **Scale** your marketing and sales 5. **Build** a team that can execute
Product-market fit isn't a destination—it's a continuous journey of improvement.