A startup is collecting data and feedback to determine if their product meets market demand. What Lean Startup activity is this?*1 pointScalingPivotProduct-Market FitBusiness model innovation
Question
A startup is collecting data and feedback to determine if their product meets market demand. What Lean Startup activity is this?*1 pointScalingPivotProduct-Market FitBusiness model innovation
Solution
The Lean Startup activity that involves collecting data and feedback to determine if a product meets market demand is called "Product-Market Fit". This process involves making sure that the product being developed fits the needs and demands of the market. If it doesn't, adjustments are made to the product until it does. This is a crucial step in the Lean Startup methodology as it helps to ensure that the product will be successful once it is launched.
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