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Some alternatives to the Product Market Pyramid for achieving product-market fit include the Lean Startup methodology, the Value Proposition Canvas, and the Jobs-to-be-Done framework. The Lean Startup methodology emphasizes learning from customer feedback and iterating on your product quickly. The Value Proposition Canvas helps you understand your customer's needs and how your product meets them. The Jobs-to-be-Done framework focuses on understanding the 'job' your product is hired to do and how it can do it better than alternatives.
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Why do so many products fail? It's not because they are built or marketed poorly, but because they don’t delight customers. Read this book summary for...
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Most products fail because they don't meet customer needs better than the alternatives available. Therefore, achieving product-market fit is the key to creating a successful product. product-market fit means building a product that creates significant customer value and meets needs better than every alternative. The Product Market Pyramid is an actionable framework to achieve such product-market fit.
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