Product Market Fit - After Hours hands .

DrShaifaliGarg 7 views 30 slides Jun 12, 2024
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About This Presentation

Market fit


Slide Content

PRODUCT Market Fit!!
CUSTOMER FIRST
The customers are
concerned about their
problem, and its solution.
our product better fit in.

Our customer doesn’t care about Us.
They are concerned about their
problems, our solution has to fit in.
5/18/2024 © The Leverage Model, Atul Puri 19

7 Steps to Product Market Fit
Product Goals
Product
Hypothesis
Prioritize
Get Feedback
MVP
Evaluate
Market
Traction
Keep, Kill or
Pivot

PRODUCT Market Fit!!
•Product Sandwich
•Remarkable
•Offer
•Desired State
•Underserved Need
•Customer
•Target (Consumer)

Product Sandwich

Being Remarkable
•Value is more expensive
than price
•PRICE is what customer
pays, VALUE is what
customers get
•People BUYonly when
VALUE > PRICE
•People DO NOT BUYif
PRICE = or > VALUE

Irresistible Offer
•Value
•Relevance
•Clarity
•Uniqueness
•Urgency
•Ease of Acceptance
•Emotional Appeal

Desired State
•Strong Demand
•Customer Satisfaction
•Rapid Adoption
•Low Churn Rate
•Competitive Advantage
•Scalability

Underserved Needs
•Functional Needs
•Emotional Needs
•Convenience Needs
•Accessibility Needs
•Affordability Needs
•Customization Needs
•Ethical & Sustainable
Needs

Case Study -OYO Rooms
Customer Side
•Quality of the property
•Basic Hygiene &
Cleanliness
•Economical
•Booking Engine
•Assurance
•Real time booking
Business Side
•Absence of marketing
•Occupancy rates
•Investment in
technology
•Reliable vendors
•Payment systems
•Assured business

The Customer & Consumer

Fit for Profit
Market
Product
Channel
Model
•Market Product Fit
•Product Channel Fit
•Channel Model Fit
•Model Market Fit
•Fit for Profit
FIT FOR PROFIT

How do you Measure?
•Low Churn rate / High Customer Retention
•High Growth rate.
•Growing Market share.
•LTV > CAC –
Life Time Value > Customer Acquisition Cost
•What if you don’t get our product : Disappointed
•Referrals & Word Of Mouth
•Net Promoter Score (NPS) –40+

Case Studies

eGrowth Mixer –Restarted

ThumsUp —Truth Or Dare for Coke

Maggi -Survived a Ban

MAKE THE GREAT SHIFT!!
Speaking to Listening
Listen to The Market
Expenditure to Investment
Invest Where The Future Is
My Way or Highway to Customer’s way
The Customer Pays Your Bills
18-05-2024 © The Leverage Model, Atul Puri 78

B2B Masterstroke -June
How To Build A Robust
Sales Conversion
Machine!!
R-C-C Framework
•Reach
•Communicate
•Convert

B2B Masterstroke –July
How To Grow Enterprise
Sales & Key Accounts!!
LAMP
•Large Account
Management Process

The Leverage Business Suite

SCORE The Game in 2024
A 5 step journey to 3X sales conversion
in 9 weeks. In the process, prepare a
curated B2B Sales Conversion
framework for your business.

SCORE The Game
SALES CLARITY
OFFER RITUALS
EXECUTION

Plan to Profit
Business Strategy
Sales & Marketing Plan
Conversion Secrets
KPIs & Run Rate
Profit Optimization
18-05-2024 © The Leverage Model, Atul Puri 95
Plan Marketing
Sales Revenue
Profit

BONUS BONUS-CEO Talks
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in 2024
•www.youtube.com/c/egrowthorg

Looking Forward To Serve You
Again

5/18/2024 © The Leverage Model, Atul Puri 138
[email protected]

Owner (You)
Profit
Perception
Offer
Relatedness
Team
User
Need
Intent
Trust
YES
139Atul Puri

धन्यवाद।
Atul Puri
www.linkedin.com/in/atulpuri
[email protected]
9711315158
www.egrowth.org
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