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Home ยป Encyclopedia Terms ยป P ยป Product-Market Fit Definition

Product-Market Fit Definition

Definition: “Product-Market Fit” refers to the state where a product or service aligns perfectly with the needs and demands of a specific target market, resulting in high customer satisfaction, adoption, and sustainable business growth.

Product Market Fit

Use It In a Sentence: After conducting extensive market research and implementing customer feedback, the startup achieved a strong product-market fit, leading to a surge in user engagement and a rapidly expanding customer base.

More Definitions: RemarketingRetargetingSales CycleOpportunity

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