Our new tool will tell you if your digital product is ready to grow
We have built a tool that will assess whether your digital product is ready to move on in its development. In other words, whether it’s ready to enter the product-market fit stage. The tool is called Product-Market Fit Survey and this article will tell you where the idea for it came from and why you should try it out.
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What exactly is our new tool and what can you learn from it?
The Product-Market Fit Survey is a quick, multiple-choice online questionnaire that looks at your digital product from a business perspective. It’s meant to give you an idea of whether your product is ready for product-market fit, a phase when:
your (digital) product meets real customer needs and does so in a way that is better than the alternatives. (source)
The survey has five questions and can return one of two possible answers. If you end up with the answer, “Your product might be ready,” you’ll be directed to materials that will help you dig deeper into your product and your business. These materials were prepared together with our product strategists and aim to give you the benefit of having this role in your team.
If your result is, “You are not ready for pmf yet,” you will be guided to different resources which will help you better assess what development stage your product is in.
Three reasons you should try it out
This is the third tool that we have built, after the App Cost Calculator and Boldare Boards. Just like in the two previous cases we built a digital product as a response to our clients’ most frequently asked questions.
That is why the survey is designed for product owners who have already had a first working version of their digital product (aka a minimum viable product) released for some time and are wondering if this is the right time to go further. Those people will appreciate our survey for:
- a quick answer on whether it is the right moment to think about moving on to product-market fit
- completing the survey takes no more than five minutes
- it’s free and easy to access through our Resources page
Is the survey’s advice a foolproof recommendation?
Our survey will not give you definitive answers. It will however give you an idea of the next steps that you should take. Every digital product is different and if you are looking to take the first step in better understanding your digital product, you can try out our Product-Market Fit Survey by clicking here.
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