How do you measure product market fit?

Product-market fit can be measured by evaluating user engagement, customer feedback, and demand. Also, a significant increase in user retention, usage, and referrals demonstrates alignment between your product and the market's needs. When customers are not just using your product but advocating for it, you've likely achieved the coveted product-market fit. 🥳

In simple terms, your product solves a real problem that a customer is facing. The amount of money your will make will depend on these factors: - Larger the group of customers that are going through the same problem, the higher the revenue you'll make - Is there urgency for this problem (e.g. low head ache compared to sever arthritis) - is your marketing growing/declining - Does your audience has the money to buy your product - is it easier to find your audience I