How long does product/market fit last once you have "reached" it?
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In other words, couldn't your startup/etc. "lose" product/market fit over time? It may fit based on metrics today, but a year later, your market has changed enough to the point where "fit" is no longer there. How would you measure and better understand product/market fit decay?
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Answer:
There's no one answer to this. Yes, you can have product-market fit and lose it. Ben Horowitz discusses this and other product-market fit myths in his post http://www.bhorowitz.com/revenge_of_the_fat_guy: Myth #1: Product market fit is always a discrete, big bang event Myth #2: Itâs patently obvious when you have product market fit Myth #3: Once you achieve product market fit, you canât lose it Myth #4: Once you have product-market fit, you donât have to sweat the competition See the post for his elaboration on each. I'd say that you measure product-market fit decay in the same way you measured achieiving it in the first placeâthrough key metrics such as active users, retention, conversion, or churn.
Jason Crawford at Quora Visit the source
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