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University System of Maryland

Achieving Product-Market Fit

University System of Maryland and University of Maryland, College Park via edX

Overview

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Entrepreneur and investor Marc Andreessen coined the term product-market fit in 2007 when he said, “Product-market fit means being in a good market with a product that can satisfy that market.” While there are ample articles that mention the term, detailed guidance on how to actually achieve product-market fit is scarce.

Through our course we will explore an actionable model that defines product-market fit using five key components. From bottom to top, we will examine the layers of product-market fit beginning with your target customer and transitioning through your customer’s underserved needs, your value proposition, your feature set, and ultimately your user experience (UX).

Our process is an iterative, easy-to-follow guide through each layer to achieve product-market fit. This process helps you to articulate, test, and revise your key hypotheses about your product and the market so you can define and improve your product-market fit.

Using the principles of Lean Product Process, our course is structured in seven steps: determining your target customer, identifying underserved customer needs, defining your value proposition, specifying your minimum viable product (MVP) feature set, creating your MVP prototype, testing your MVP with customers, and iterating to improve product-market fit.

Syllabus

Module 1: Determining Your Target Customer

Module 2: Identifying Underserved Customer Needs

Module 3: Defining Your Value Proposition

Module 4: Specifying Your Minimum Viable Product (MVP) Feature Set

Module 5: Creating Your MVP Prototype

Module 6: Testing Your MVP with Customers

Module 7: Iterating to Improve Product-Market Fit

Taught by

James Green

Reviews

4.8 rating, based on 64 Class Central reviews

4.8 rating at edX based on 23 ratings

Start your review of Achieving Product-Market Fit

  • Anonymous
    Title: Achieving Product-Market Fit Provider: University System of Maryland via edX Rating: 4.5 out of 5 stars Review: This course provides a valuable framework for understanding and achieving product-market fit. It effectively guides learners th…
  • My instructor spoke with a patient tone and made the lesson clear and information rich to my mind. I am now "Market Fit".
  • Lonzell Offutt
    Another great course, providing clear insights on developing a product-market fit. I didn't realize until the end summary how much information was covered in this course. It flowed so well that I never felt like too much information was being provided. The professor's ability to dive deeper into concepts touched on in the Principles of Product Management course, instilled confidence that what I'm learning is applicable in real work scenarios. I'm extremely impressed with the course structure, quizzes and examples provided to illustrate real instances of principles incorporated at actual organizations.
  • Anonymous
    Digestible chunks of information, with meaningful examples, that's directly relatable for anyone struggling with, considering, or in the beginning phases of product development. I'm so excited to share what I learned with small business owners in my community.
  • Anonymous
    The class is amazing and the instructor is very detailed and informative, and he's able to teach all of the complexities of the subject in an easy to understand and follow format. It's great to learn different things and being to understand new material.
  • Anonymous
    Easy to understand, I liked the short chunks of videos vs. one long video. Testing was made simple, I only wish if you got an answer wrong it would show you the right answer.
  • Anonymous
    This course was very informative. It included a lot of details, examples, and illustrations, and all of the topics were well explained. Thank you!
  • Isaac Mafume
    It was great and an eye opener it helped me to understand how to create products and target the customers as well as how to test the market
  • Anonymous
    The course is solid in terms of presenting the theoretical underpinnings of the work but two things really annoyed me: 1) It's not at all practical - so there's no chance for application of the ideas that Dr. Green is presenting. He is even sparse…
  • Anonymous
    I can't believe I paid $900 for this course....I could have learned about everything in this course for free elsewhere. I wish I could get a refund now...I don't care about the certificate at the end, my money back would be much more value than any certificate I can receive from this massive waste of time.
  • Anonymous
    The information in this course was extremely helpful, especially for someone that is new to the product space. I feel that I have a better understanding of how to consider new products and how to test those theories with potential customers by selectively identifying both the product and the market.

    I did find that there was some repetition in the material, which could be cleaned up a bit for more brevity, but overall a great course.
  • Anonymous
    Excellent course! I learned a lot about how to align the Market with our product. Another thing that I liked was the digital product focus and the examples. They were very usessfull.
  • Anonymous
    thanks, i received great insights into products - market fit and the class is easy to follow and understand. great instructor and good materials
  • Anonymous
    This course is excellent. It kept my attention and I will be able to use the knowledge I learned to advance my career.
  • Anonymous
    This course is excellent to cover the requirement of market analysis as a Product Manager, thank you professor Green!
  • Anonymous
    Instructor was very knowledgeable and was able to explain the concepts really well. The course was useful.
  • Anonymous
    The instructor's deep knowledge and real-world experience shine through every module, providing invaluable insights into the elusive concept of product-market fit. The course is structured in a way that caters to both beginners and seasoned entrepreneurs, making it accessible and relevant to a diverse audience.
  • Anonymous
    Generally speaking, this course is helpful.
    It's not for the experienced people, but it's enough to build up a knowledge system for a fresh hand.
    Better to have more real examples, and more introduction for the tools mentioned in the course, how to use it, practice, etc
  • Anonymous
    It's comprehensive, clear, and presented in a logical sequence. I appreciate the bite-size segmentation of content and the real-world examples. I'm also a big fan of the playback speed functionality!
  • Anonymous
    Superficial content, I was expecting some 'wow' concepts as JTBD. Fortunately, I have spent a single penny on this. Also, the presenter's low-quality microphone makes it even harder to enjoy.

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