Cynthia’s Blog #14: Product Market Fit - Doing
Product marketing fit is the standard in which a product pleases a strong demand.
1) What Is An Example Of A Good Product? Why Does It Add Value?
An example of a good product is Grammarly. Grammarly is a spell and grammar check that is built into a browser. It adds value because it is very functional and saves users time by not having to input writings into another browser.
2) Life Insurance: Why Is This Product Essential To Our Friends, Family, And Community?
Life Insurance is essential to our friends, family, and community.
For the community, life insurance reduces poverty levels and increases home and neighborhood value.
For friends and family, life insurance helps provide for lost income, helps covers bills and debts, and reduces stress.
3) What Concerns And Questions Do We Need To Answer About Life Insurance As A Product?
Some concerns and questions that we need to answer about life insurance as a product include:
How much does life insurance cost?
It varies! To simplify, it depends on risk. The greater the risk of death, the higher life insurance costs.
What types of life insurance can I choose from?
There are two main types of insurance: term and permanent. Term life is for a certain amount of years while permanent is for the entire life.