Product or Service Viability

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Across
  1. 3. The ability of a product or service to generate income above its costs.
  2. 4. A method used to compare two versions of a product or strategy to see which performs better.
  3. 7. The edge a product has that makes it stand out in a crowded market.
  4. 9. A specific group of consumers a product is aimed to serve.
  5. 10. The alignment of product features with customer needs and expectations.
  6. 13. A detailed description of an ideal customer based on research and data.
  7. 16. The ability of a business to grow without compromising efficiency or quality.
  8. 17. The level of need or interest for a product within a target audience.
Down
  1. 1. The process of distinguishing your product from competitors in the market.
  2. 2. The highest price a customer is ready to spend on a product or service.
  3. 5. Alternative solutions that aren’t direct substitutes but still compete for the customer’s attention.
  4. 6. A statement that explains why a customer should choose your product over others.
  5. 8. Estimating future revenue and costs to plan and manage growth.
  6. 11. The company’s ability to deliver the product using its current capabilities and resources.
  7. 12. Insights from users that help improve product features or service delivery.
  8. 14. A limited release of a product to test market reactions before full deployment.
  9. 15. The point at which total revenue equals total costs.