Straico is an artificial intelligence startup that allows users to compare multiple outputs from various AI models, enabling them to understand which model is better for the task.
Straico faced one of the most common challenges for an early-stage startup: identifying and reaching product-market fit.
To determine whether they correctly identified a market need and built a good solution around it, they employed UserGuiding’s surveys and segmentation features.
Only after collecting survey results, with 52% of users voting positively, did they realize they achieved product-market fit, as the 40% rule for product-market fit finds a business successful if at least 40% of the surveyed customers express disappointment over a no longer accessible product.
Let’s see how they did it:
The issue of correctly identifying and achieving product-market fit
Straico faced a specific pain point as an early-stage startup: finding product-market fit.
Before starting the production phase and going all in, they needed to determine whether they would satisfy the market demand and occupy a solid place in the competition.
Otherwise, the product they created wouldn’t be viable enough to address and solve a problem; they would end up investing a lot of time, money, and other resources in a product that had little chance of surviving in the market with the existing products around.
That’s why they started looking for a solution that could help them imagine themselves in their customers' shoes and overcome these challenges.
This solution had to provide them with valuable insights into user behavior and ensure continuous customer engagement.
Alongside the product-market fit issue, they saw the need to communicate with users through the platform to ensure they understand how to benefit from it and prevent them from leaving without trying it out.
Thus, they decided to adopt a solution that would help them achieve product-market fit and effectively onboard their new users.
What's the next step?
They first opted to try a website popup builder to create popups that could show users around and notify them whenever needed.
Soon enough, they realized that popups were useful only when they needed to alert users and underline specific actions, but they couldn’t guide them throughout the whole experience.
That’s when they understood that the next solution had to provide users with an experience without interruptions, regardless of the use case.
Researching through the web, they came across UserGuiding, a no-code product adoption platform with various capabilities on a cost-friendly structure.
At that moment, they knew that this platform would help them solve all of their problems in-app, starting from user onboarding to product-market fit.
After implementing UserGuiding, they benefited from...
1) Detailed Insights
I check user insights almost every day to analyze user behavior, which is especially important for retaining new users. Seeing a disengaged new user’s actions after signing up enables me to target them effectively.”