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Please list the correct order of the Product/Market Fit.

Product/Market Fit: When businesses continue to grow because people like and want/need your product.

Question 7 options:

Traction

Idea

Proto-Type

Growth

Launch

Monetization

1 Answer

6 votes

Answer:

the correct order for achieving Product/Market Fit is: Idea, Proto-Type, Traction, Launch, Growth, and Monetization.

Step-by-step explanation:

Idea - This is the stage where the entrepreneur comes up with an idea for a product or service that they believe will meet a market need.

Proto-Type - In this stage, the entrepreneur creates a prototype of the product or service to test it with potential customers and to gather feedback.

Traction - At this stage, the entrepreneur has gained some initial traction with customers and the product is gaining in popularity.

Launch - This is the stage where the product is officially launched in the market, after incorporating feedback and improvements from the earlier stages.

Growth - After the launch, the product continues to grow in popularity and the business scales up to meet the demand.

Monetization - Finally, the business can start to focus on monetizing the product and generating revenue.

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