1min snip

Lochhead on Marketing cover image

133 Creating Categories, Movements, & Startups with Sangram Vajre, WSJ Bestselling Author of MOVE

Lochhead on Marketing

NOTE

Evolve to Establish Market Fit

To achieve a strong product-market fit, companies must evolve beyond initial stages and develop a repeatable use case. This involves not just acquiring new customers but retaining them and understanding similar customer profiles to ensure consistent sales. Without this adaptability, businesses may remain stagnant, potentially achieving revenue milestones without penetrating deeper markets or gaining confidence in their sales strategies. Successfully navigating these growth phases is crucial to transforming from solving unique problems to establishing a reliable product that serves a well-defined audience.

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