The Foolproof Formula for Finding Product-Market Fit with Sean Sheppard

Questions I ask in this episode:

1. What is Product-Market fit?
2. How does Market Development help in Product-Market fit?
3. What are the Necessary / Primary steps of Market development? What are its Advantages?


4. Explain Seed-Stage?
5. What are the Phases of Market development? What is their impact?
6. How do you analyse Revenue Potential?
7. What are the benefits of Market Messaging? How do you develop Market Messaging Map?
8. How do you define an Ideal Customer Profile(ISP)? Why is it Important for Market Development?
9. How do you acquire Customer with Lowest Acquisition cost(CAC) and Low Life time value (LTV)?
10. Difference between UVP (unique value proposition) and USP (unique selling proposition)?
11. How do you test UVP and USP?
12. What are the precautions to balance LTV:CAC?

In the episode you will learn:
1. Product-Market fit, Market Development, Phases of Market development
2. Customer with Lowest Acquisition cost(CAC) and Low Life time value (LTV)
3. Difference between UVP (unique value proposition) and USP (unique selling proposition)

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