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The Intersection Of Fit: Market ⋂ Product ⋂ Channel ⋂ Model

Market ⋂ Product ⋂ Channel ⋂ Model = 🎯🚀💰

Questions to uncover intersection fit

Market

  • Who are your target customers? (Characteristics)
  • What problems do they have? (Needs and wants)
  • What are the alternatives to solving the problems? (Competition)
  • What are the motivations/triggers for customers to seek a new solution? (Push)
  • What is the size of the opportunity? (Market size)

Product

  • What is your solution? (Features)
  • What problems will it solve? (Value proposition)
  • What are the triggers to hook the customer? (Pull)
  • How long time to value creation? (Time to value)
  • How do you build stickiness? (Engagement and retention)

Channel

  • Where do your target customers hang out? (Reachable)
  • What channel types to use? (Distribution strategy)
  • How scalable is your channel? (Channel scalability)
  • How much is the customer acquisition costs? (CAC)

Model

  • How do you monetize? (Method)
  • When do you monetize? (Customer journey and frequency)
  • How much do you charge? (Pricing)
  • What is your customer’s lifetime value? (LTV)
on October 22, 2021