Product Market Fit (PMF)

Product Market Fit is a measure of the match between the benefits that customers want, and the values that a product provides.  Product Market Fit can be thought of as a magnetic-like force that attracts and binds customers to products. The better the fit, the higher the market share, the more loyal customers tend to be, and the more difficult it is for a competitor to lure customers away.

Posted in: Glossary