Youform is a form builder which is an affordable Typeform alternative.
We are building this since last two years and now successfully service 1000s of users.
Last week, we decided to conduct a Sean Ellis Test to understand our product market fit.
We already have a 20,000+ registered users, but still we thought that finding the PMF with data backed by a proven test methodology won't harm.
Sean Ellis, who coined the term "growth hacker" and was early growth in companies like Dropbox and Eventbrite devised this test. According to Sean Ellis test, you ask your users the following question:
"How would you feel if you could no longer use the product?" and give them three options:
- very disappointed,
- somewhat disappointed
- not disappointed at all.
The findings of the test says that if at least 40% of your users respond with "very disappointed", then it's a strong signal for product market fit.
Hence we used this test and obviously used Youform to create the survey.
We added it on our dashboard and only showed it to the repeated users. We kept it for a week and after a week, almost 105 users responded to the survey.
Our finding was that 64% of the responders said that they will be very disappointed. So if we go by Sean Ellis test, Youform has passed the product market fit survey.
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Do you want to conduct this survey for your product? You can use this template we have created so that you can set this up in 2 minutes.
Frequently Asked Questions:
- What is the Sean Ellis test?
Sean Ellis test is a popular test framework to conduct a Product Market Fit Survey by asking a question "How would you feel if you could no longer use [the product]?". If 40% of users respond with "Very Disappointed" then it is a strong signal for Product Market Fit. - What is the 40% rule for product market fit?
According to Sean Ellis test, if 40% of your users respond with "very disappointed" when asked the question, "How would they feel if they could no longer use your product?", then it means a strong signal for product-market fit. - Who designed the Sean Ellis Test?
Sean Ellis Test was designed by Sean Ellis, who also coined the term Growth Hacker. He was one of the early growth hackers in companies like Dropbox and Eventbrite. His test is considered one of the popular tests to gauge product-market fit for a new product or service in the market. - Which tool can I use to conduct Sean Ellis Test?
You can use various survey tools available in the market. We have created a template for Sean Ellis Product Market Fit survey so that you can start in 2 minutes for free.