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The	
  Product/Market	
  Fit	
  Canvas	
  	
  
Quick	
  Guide	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
www.productmarke<itcanvas.com	
  
Index	
  of	
  content	
  
	
  
1.  IntroducAon	
  
2.  How	
  to	
  use	
  it	
  
3.  Some	
  examples	
  
4.  Key	
  differences	
  &	
  benefits	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
www.productmarke<itcanvas.com	
  
IntroducAon	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
The	
  Product/Market	
  Fit	
  (PMF)	
  Canvas	
  is	
  a	
  strategic	
  innovaAon	
  tool.	
  It	
  allows	
  you	
  to	
  
define,	
  validate	
  and	
  reach	
  your	
  customers.	
  It	
  also	
  allows	
  you	
  to	
  define	
  and	
  iterate	
  
your	
  product	
  to	
  achieve	
  market	
  valida3on	
  with	
  you	
  product.	
  	
  
You	
   can	
   use	
   the	
   canvas	
   to	
   iterate	
   your	
   Product/Market	
   Fit	
   with	
   your	
   team,	
   your	
  
investors,	
  your	
  clients	
  or	
  even	
  with	
  students	
  for	
  educa3onal	
  purposes.	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
The	
  canvas	
  was	
  created	
  by	
  over	
  150	
  lean	
  startup	
  prac33oners	
  from	
  over	
  25	
  countries	
  
around	
   the	
   World	
   using	
   an	
   open-­‐innova3on	
   process.	
   The	
   canvas	
   is	
   being	
   licensed	
  
using	
  a	
  crea3ve	
  commons	
  so	
  that	
  anybody	
  can	
  use	
  it.	
  Just	
  be	
  sure	
  to	
  link	
  back	
  to	
  the	
  
official	
   website	
   www.productmarke<itcanvas.com	
   aVer	
   each	
   use,	
   and	
   share	
   your	
  
work	
  under	
  a	
  similar	
  license.	
  
www.productmarke<itcanvas.com	
  
How	
  to	
  use	
  it	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
The	
   Product/Market	
   Fit	
   Canvas	
   has	
   eight	
   building	
   blocks,	
   four	
   focused	
   on	
   the	
  
Customer	
  and	
  four	
  focused	
  on	
  the	
  Product.	
  
Customer’s	
  Blocks	
  
•  CharacterisAcs	
  &	
  jobs	
  to	
  be	
  done:	
  WHO	
  is	
  the	
  typical	
  customer	
  for	
  your	
  product/
service	
  and	
  what	
  job(s)	
  is	
  he/she	
  trying	
  to	
  get	
  done?	
  
•  Problems	
  &	
  needs:	
  WHY	
  do	
  your	
  customers	
  need	
  to	
  use	
  your	
  product/service	
  in	
  
order	
  to	
  get	
  their	
  job(s)	
  done.	
  
•  Channel:	
  HOW	
  do	
  your	
  customers	
  acquire	
  your	
  products/services?	
  
•  User	
   experience:	
   WHAT	
   does	
   your	
   customer	
   do	
   with	
   the	
   product	
   to	
   get	
   real	
  
value?	
  
Product’s	
  Blocks	
  
•  AlternaAves:	
   The	
   approach(es)	
   your	
   customer	
   is	
   currently	
   taking	
   to	
   get	
   their	
  
job(s)	
  done,	
  including	
  the	
  tools	
  they	
  are	
  using.	
  
•  Key	
  features:	
  The	
  essen3al	
  elements	
  that	
  your	
  product	
  or	
  service	
  must	
  have	
  to	
  
meet	
  your	
  customersʼ	
  needs	
  and	
  solve	
  their	
  problem.	
  
•  Value	
  for	
  the	
  channel:	
  The	
  value	
  your	
  channel	
  will	
  get	
  by	
  offering	
  and	
  selling	
  your	
  
product.	
  
•  Key	
  metrics:	
  The	
  key	
  things	
  to	
  measure	
  to	
  know	
  if	
  your	
  customer	
  is	
  ge`ng	
  real	
  
value.	
  These	
  metrics	
  will	
  help	
  you	
  to	
  know	
  if	
  you've	
  achieved	
  Product-­‐Market	
  Fit	
  
www.productmarke<itcanvas.com	
  
How	
  to	
  use	
  it	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
The	
  Product/Market	
  Fit	
  Canvas	
  doesn’t	
  define	
  any	
  parAcular	
  way	
  to	
  work	
  with	
  it.	
  
Each	
   person	
   can	
   use	
   it	
   however	
   he/she	
   wants.	
   However,	
   knowing	
   the	
   reasoning	
  
behind	
  the	
  design	
  of	
  the	
  PMF	
  Canvas	
  is	
  useful	
  to	
  understand.	
  
First	
  of	
  all,	
  it’s	
  important	
  to	
  know	
  that	
  the	
  canvas	
  is	
  designed	
  to	
  work	
  on	
  a	
  specific	
  
product	
  or	
  service,	
  not	
  to	
  iterate	
  an	
  abstract	
  value	
  proposi3on	
  or	
  establish	
  a	
  brand.	
  If	
  
we	
  want	
  to	
  work	
  on	
  the	
  value	
  proposi3on	
  or	
  branding	
  instead	
  of	
  a	
  specific	
  product	
  or	
  
service,	
  we	
  could	
  list	
  all	
  of	
  the	
  bundled	
  products/services	
  that	
  make	
  up	
  a	
  brand	
  in	
  the	
  
same	
   PMF	
   Canvas	
   (using	
   different	
   s3cky-­‐note	
   colors,	
   for	
   example).	
   Mapping	
   the	
  
en3re	
  scope	
  of	
  products	
  and	
  services	
  being	
  offered	
  to	
  customers	
  will	
  represent	
  a	
  map	
  
of	
  the	
  brand’s	
  value	
  proposi3on.	
  	
  
The	
  Product-­‐Market	
  Fit	
  Canvas	
  follows	
  Simon	
  Sinek’s	
  well-­‐
known	
  approach	
  about	
  “Start	
  With	
  Why:	
  How	
  great	
  leaders	
  
inspire	
  acAon”1.	
  This	
  simple	
  but	
  powerful	
  model	
  starts	
  with	
  
a	
  golden	
  circle	
  and	
  the	
  ques3on	
  "Why	
  are	
  we	
  doing	
  this?”,	
  
followed	
  by	
  “How	
  will	
  do	
  it?”	
  and	
  finishing	
  with	
  “What	
  will	
  
do	
  it	
  in	
  order	
  to	
  achieve	
  it?”.	
  	
  
The	
  Product-­‐Market	
  Fit	
  Canvas	
  asks	
  quesAons	
  about	
  a	
  specific	
  customer	
  on	
  the	
  le]	
  
side	
  and	
  answers	
  these	
  quesAons	
  using	
  the	
  blocks	
  on	
  the	
  right	
  side	
  by	
  focusing	
  on	
  a	
  
specific	
  product.	
  Star3ng	
  with	
  the	
  customer,	
  and	
  by	
  filling	
  in	
  the	
  blocks	
  from	
  the	
  leV	
  
to	
  right	
  and	
  from	
  top	
  to	
  bo7om,	
  we	
  will	
  follow	
  the	
  Start-­‐With-­‐Why	
  approach	
  in	
  a	
  
natural	
  way	
  to	
  discover	
  our	
  Product/Market	
  Fit.	
  
1	
  h7p://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_ac3on	
  
www.productmarke<itcanvas.com	
  
How	
  to	
  use	
  it	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
Empathizing	
  with	
  our	
  customer	
  can	
  be	
  done	
  by	
  analyzing	
  alternaAves	
  to	
  our	
  product	
  
or	
  service;	
  so	
  use	
  the	
  AlternaAves	
  block	
  to	
  help	
  us	
  to	
  think	
  about	
  the	
  other	
  op3ons	
  
that	
  your	
  customers	
  are	
  using	
  to	
  get	
  their	
  job(s)	
  done.	
  	
  
Channels	
   is	
   a	
   key	
   element	
   for	
   achieving	
   Product/
Market	
  Fit	
  and	
  so	
  so	
  the	
  PMF	
  Canvas	
  includes	
  a	
  pair	
  
of	
   blocks	
   to	
   work	
   on	
   this.	
   Building	
   value	
   for	
   the	
  
channel	
   is	
   some3mes	
   a	
   key	
   challenge	
   we	
   must	
  
overcome	
  to	
  achieve	
  Product/Market	
  Fit.	
  
In	
  the	
  end,	
  Product/Market	
  Fit	
  is	
  about	
  measuring,	
  and	
  so	
  the	
  PMF	
  Canvas	
  also	
  has	
  a	
  
block	
   that	
   will	
   help	
   us	
   to	
   define	
   the	
   key	
   metrics	
   that	
   will	
   tell	
   us	
   whether	
   the	
  
customers	
  are	
  ge`ng	
  the	
  Customer	
  Experience	
  that	
  they	
  need.	
  
It’s	
  important	
  to	
  know	
  that	
  it’s	
  not	
  mandatory	
  to	
  fill	
  in	
  the	
  whole	
  canvas.	
  Actually,	
  
some	
   of	
   the	
   PMF	
   Canvas	
   won’t	
   need	
   to	
   be	
   fully	
   filled	
   in	
   due	
   to	
   a	
   lack	
   of	
   indirect	
  
channels,	
  early	
  product	
  defini3ons,	
  etc.	
  We	
  consider	
  the	
  first	
  four	
  blocks	
  as	
  the	
  core	
  
of	
  the	
  PMF	
  Canvas;	
  next	
  are	
  the	
  channel	
  blocks,	
  then	
  the	
  customer	
  experience	
  blocks.	
  
Characteris*cs+&+jobs+to+be+done+
Problems+&+needs+
Channel+
User+experience+
Alterna*ves+
Key+features+
Value+for+the+channel+
Key+metrics+
Channels(Blocks(
UX(Blocks(
Core(Blocks(
www.productmarke<itcanvas.com	
  
Some	
  examples	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
VISA	
  credit	
  card	
  for	
  Card	
  holder	
  
	
  
	
  
	
  
	
  
	
  
	
  
SAP	
  ERP	
  for	
  Corporates	
  
www.productmarke<itcanvas.com	
  
Some	
  examples	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
	
  
	
  
	
  
	
  
	
  
	
  
	
  
Delivery	
  dog	
  food	
  service	
  for	
  Dog	
  owners	
  
App	
  Store	
  for	
  iPhone	
  users	
  
www.productmarke<itcanvas.com	
  
Key	
  differences	
  &	
  benefits	
  	
  
This	
  work	
  is	
  licensed	
  under	
  the	
  Crea3ve	
  Commons	
  A7ribu3on-­‐Share	
  Alike	
  3.0	
  Unported	
  License.	
  To	
  view	
  a	
  copy	
  of	
  this	
  license,	
  visit:	
  h7p://
crea3vecommons.org/licenses/by-­‐sa/3.0/	
  or	
  send	
  a	
  le7er	
  to	
  Crea3ve	
  Commons,	
  171	
  Second	
  Street,	
  Suite	
  300,	
  San	
  Francisco,	
  California,	
  94105,	
  USA	
  
There	
  are	
  different	
  canvases	
  and	
  strategic	
  visualizaAon	
  tools	
  out	
  there	
  that	
  can	
  help	
  
us	
  to	
  define	
  our	
  business	
  model,	
  our	
  value	
  proposi3on,	
  our	
  customers	
  and	
  even	
  the	
  
customer	
   experience.	
   Deciding	
   which	
   toolset	
   to	
   use	
   is	
   a	
   ma7er	
   of	
   personal	
  
preference,	
  the	
  type	
  of	
  business,	
  project	
  phase,	
  and	
  other	
  individual	
  differences.	
  
Why	
  and	
  when	
  to	
  use	
  The	
  Product/Market	
  Fit	
  Canvas?	
  Here	
  are	
  some	
  answers:	
  
•  The	
  Product/Market	
  Fit	
  Canvas	
  helps	
  us	
  to	
  focus	
  on	
  our	
  customers’	
  problems	
  by	
  
asking	
  the	
  right	
  ques3ons	
  and	
  discovering	
  their	
  true	
  market	
  needs.	
  	
  
•  The	
  Product/Market	
  Fit	
  Canvas	
  helps	
  us	
  to	
  empathize	
  with	
  our	
  customers	
  and	
  to	
  
analyze	
  compe3tors	
  even	
  before	
  trying	
  to	
  define	
  our	
  own	
  product	
  or	
  service.	
  
•  The	
  Product/Market	
  Fit	
  Canvas	
  is	
  very	
  useful	
  at	
  early	
  stages	
  of	
  our	
  project	
  to	
  help	
  
us	
  do	
  Customer	
  Discovery	
  and	
  Customer	
  ValidaAon	
  before	
  star3ng	
  to	
  define	
  the	
  
Business	
  Model	
  Canvas,	
  which	
  includes	
  elements	
  that	
  we	
  can’t	
  define	
  at	
  such	
  an	
  
early	
  phase	
  of	
  the	
  project,	
  such	
  as	
  Key	
  Partners.	
  
•  The	
  Product/Market	
  Fit	
  Canvas	
  defines	
  low-­‐level	
  features	
  of	
  our	
  product	
  to	
  help	
  
us	
   connect	
   business	
   teams	
   with	
   technical	
   teams.	
   The	
   first	
   is	
   doing	
   Customer	
  
Development	
  while	
  the	
  second	
  is	
  doing	
  Product	
  Development.	
  
•  The	
  Product/Market	
  Fit	
  Canvas	
  is	
  the	
  only	
  tool	
  that	
  helps	
  us	
  focus	
  on	
  the	
  unique	
  
value	
  for	
  each	
  of	
  our	
  	
  channels,	
  which	
  is	
  a	
  key	
  element	
  of	
  achieving	
  PMF.	
  
•  The	
   Product/Market	
   Fit	
   Canvas	
   is	
   designed	
   to	
   measure	
   Product-­‐Market	
   Fit	
   by	
  
defining	
  the	
  key	
  metrics	
  that	
  measure	
  and	
  analyze	
  Customer	
  Experience.	
  
www.productmarke<itcanvas.com	
  

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Product/Market Fit Canvas Quick Guide

  • 1. The  Product/Market  Fit  Canvas     Quick  Guide   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   www.productmarke<itcanvas.com  
  • 2. Index  of  content     1.  IntroducAon   2.  How  to  use  it   3.  Some  examples   4.  Key  differences  &  benefits   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   www.productmarke<itcanvas.com  
  • 3. IntroducAon   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   The  Product/Market  Fit  (PMF)  Canvas  is  a  strategic  innovaAon  tool.  It  allows  you  to   define,  validate  and  reach  your  customers.  It  also  allows  you  to  define  and  iterate   your  product  to  achieve  market  valida3on  with  you  product.     You   can   use   the   canvas   to   iterate   your   Product/Market   Fit   with   your   team,   your   investors,  your  clients  or  even  with  students  for  educa3onal  purposes.                   The  canvas  was  created  by  over  150  lean  startup  prac33oners  from  over  25  countries   around   the   World   using   an   open-­‐innova3on   process.   The   canvas   is   being   licensed   using  a  crea3ve  commons  so  that  anybody  can  use  it.  Just  be  sure  to  link  back  to  the   official   website   www.productmarke<itcanvas.com   aVer   each   use,   and   share   your   work  under  a  similar  license.   www.productmarke<itcanvas.com  
  • 4. How  to  use  it   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   The   Product/Market   Fit   Canvas   has   eight   building   blocks,   four   focused   on   the   Customer  and  four  focused  on  the  Product.   Customer’s  Blocks   •  CharacterisAcs  &  jobs  to  be  done:  WHO  is  the  typical  customer  for  your  product/ service  and  what  job(s)  is  he/she  trying  to  get  done?   •  Problems  &  needs:  WHY  do  your  customers  need  to  use  your  product/service  in   order  to  get  their  job(s)  done.   •  Channel:  HOW  do  your  customers  acquire  your  products/services?   •  User   experience:   WHAT   does   your   customer   do   with   the   product   to   get   real   value?   Product’s  Blocks   •  AlternaAves:   The   approach(es)   your   customer   is   currently   taking   to   get   their   job(s)  done,  including  the  tools  they  are  using.   •  Key  features:  The  essen3al  elements  that  your  product  or  service  must  have  to   meet  your  customersʼ  needs  and  solve  their  problem.   •  Value  for  the  channel:  The  value  your  channel  will  get  by  offering  and  selling  your   product.   •  Key  metrics:  The  key  things  to  measure  to  know  if  your  customer  is  ge`ng  real   value.  These  metrics  will  help  you  to  know  if  you've  achieved  Product-­‐Market  Fit   www.productmarke<itcanvas.com  
  • 5. How  to  use  it   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   The  Product/Market  Fit  Canvas  doesn’t  define  any  parAcular  way  to  work  with  it.   Each   person   can   use   it   however   he/she   wants.   However,   knowing   the   reasoning   behind  the  design  of  the  PMF  Canvas  is  useful  to  understand.   First  of  all,  it’s  important  to  know  that  the  canvas  is  designed  to  work  on  a  specific   product  or  service,  not  to  iterate  an  abstract  value  proposi3on  or  establish  a  brand.  If   we  want  to  work  on  the  value  proposi3on  or  branding  instead  of  a  specific  product  or   service,  we  could  list  all  of  the  bundled  products/services  that  make  up  a  brand  in  the   same   PMF   Canvas   (using   different   s3cky-­‐note   colors,   for   example).   Mapping   the   en3re  scope  of  products  and  services  being  offered  to  customers  will  represent  a  map   of  the  brand’s  value  proposi3on.     The  Product-­‐Market  Fit  Canvas  follows  Simon  Sinek’s  well-­‐ known  approach  about  “Start  With  Why:  How  great  leaders   inspire  acAon”1.  This  simple  but  powerful  model  starts  with   a  golden  circle  and  the  ques3on  "Why  are  we  doing  this?”,   followed  by  “How  will  do  it?”  and  finishing  with  “What  will   do  it  in  order  to  achieve  it?”.     The  Product-­‐Market  Fit  Canvas  asks  quesAons  about  a  specific  customer  on  the  le]   side  and  answers  these  quesAons  using  the  blocks  on  the  right  side  by  focusing  on  a   specific  product.  Star3ng  with  the  customer,  and  by  filling  in  the  blocks  from  the  leV   to  right  and  from  top  to  bo7om,  we  will  follow  the  Start-­‐With-­‐Why  approach  in  a   natural  way  to  discover  our  Product/Market  Fit.   1  h7p://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_ac3on   www.productmarke<itcanvas.com  
  • 6. How  to  use  it   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   Empathizing  with  our  customer  can  be  done  by  analyzing  alternaAves  to  our  product   or  service;  so  use  the  AlternaAves  block  to  help  us  to  think  about  the  other  op3ons   that  your  customers  are  using  to  get  their  job(s)  done.     Channels   is   a   key   element   for   achieving   Product/ Market  Fit  and  so  so  the  PMF  Canvas  includes  a  pair   of   blocks   to   work   on   this.   Building   value   for   the   channel   is   some3mes   a   key   challenge   we   must   overcome  to  achieve  Product/Market  Fit.   In  the  end,  Product/Market  Fit  is  about  measuring,  and  so  the  PMF  Canvas  also  has  a   block   that   will   help   us   to   define   the   key   metrics   that   will   tell   us   whether   the   customers  are  ge`ng  the  Customer  Experience  that  they  need.   It’s  important  to  know  that  it’s  not  mandatory  to  fill  in  the  whole  canvas.  Actually,   some   of   the   PMF   Canvas   won’t   need   to   be   fully   filled   in   due   to   a   lack   of   indirect   channels,  early  product  defini3ons,  etc.  We  consider  the  first  four  blocks  as  the  core   of  the  PMF  Canvas;  next  are  the  channel  blocks,  then  the  customer  experience  blocks.   Characteris*cs+&+jobs+to+be+done+ Problems+&+needs+ Channel+ User+experience+ Alterna*ves+ Key+features+ Value+for+the+channel+ Key+metrics+ Channels(Blocks( UX(Blocks( Core(Blocks( www.productmarke<itcanvas.com  
  • 7. Some  examples   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   VISA  credit  card  for  Card  holder               SAP  ERP  for  Corporates   www.productmarke<itcanvas.com  
  • 8. Some  examples   This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA                 Delivery  dog  food  service  for  Dog  owners   App  Store  for  iPhone  users   www.productmarke<itcanvas.com  
  • 9. Key  differences  &  benefits     This  work  is  licensed  under  the  Crea3ve  Commons  A7ribu3on-­‐Share  Alike  3.0  Unported  License.  To  view  a  copy  of  this  license,  visit:  h7p:// crea3vecommons.org/licenses/by-­‐sa/3.0/  or  send  a  le7er  to  Crea3ve  Commons,  171  Second  Street,  Suite  300,  San  Francisco,  California,  94105,  USA   There  are  different  canvases  and  strategic  visualizaAon  tools  out  there  that  can  help   us  to  define  our  business  model,  our  value  proposi3on,  our  customers  and  even  the   customer   experience.   Deciding   which   toolset   to   use   is   a   ma7er   of   personal   preference,  the  type  of  business,  project  phase,  and  other  individual  differences.   Why  and  when  to  use  The  Product/Market  Fit  Canvas?  Here  are  some  answers:   •  The  Product/Market  Fit  Canvas  helps  us  to  focus  on  our  customers’  problems  by   asking  the  right  ques3ons  and  discovering  their  true  market  needs.     •  The  Product/Market  Fit  Canvas  helps  us  to  empathize  with  our  customers  and  to   analyze  compe3tors  even  before  trying  to  define  our  own  product  or  service.   •  The  Product/Market  Fit  Canvas  is  very  useful  at  early  stages  of  our  project  to  help   us  do  Customer  Discovery  and  Customer  ValidaAon  before  star3ng  to  define  the   Business  Model  Canvas,  which  includes  elements  that  we  can’t  define  at  such  an   early  phase  of  the  project,  such  as  Key  Partners.   •  The  Product/Market  Fit  Canvas  defines  low-­‐level  features  of  our  product  to  help   us   connect   business   teams   with   technical   teams.   The   first   is   doing   Customer   Development  while  the  second  is  doing  Product  Development.   •  The  Product/Market  Fit  Canvas  is  the  only  tool  that  helps  us  focus  on  the  unique   value  for  each  of  our    channels,  which  is  a  key  element  of  achieving  PMF.   •  The   Product/Market   Fit   Canvas   is   designed   to   measure   Product-­‐Market   Fit   by   defining  the  key  metrics  that  measure  and  analyze  Customer  Experience.   www.productmarke<itcanvas.com