What Is Product/market Fit Process?

What Is Product/market Fit Process?
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  1. The product/market fit process has 6 stages. They are:
    1. Problem: Identify market need. What problem is faced by the consumers that need solution.
    2. Problem validation: Validate the identified problem to be sure if it is the actual problem faced by consumers. If not than update your problem statement.
    3. Solution: Come up with solutions for your identified problem statement.
    4. Solution validation: Test your solution by releasing it as MVP. Get feedback on the MVP.
    5. Alterations and iterations: Incorporate the feedback received and keep doing it till your product is desired by most people.
    6. Product-Market Fit: Once the validation is done, launch your product in the market.

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