Product-Market Fit
Product-Market Fit (PMF) is a concept in product development and entrepreneurship that describes the stage where a product effectively satisfies strong market demand. It indicates that the product resonates with customers, solves a meaningful problem, and has the potential for sustainable growth. Achieving PMF is often considered a critical milestone for startups and product teams before scaling operations.
Developers should understand PMF to build products that users actually want, reducing wasted effort on features with low adoption. It's crucial during early-stage development, MVP testing, and iterative refinement to align technical work with business viability. Learning PMF helps in prioritizing development tasks based on customer feedback and market signals.