Product strategy checklist

Download PDF copy Send to your inbox   → Back to product strategy guide Assess your product direction, priorities and readiness to scale A strong product strategy is not about building more — it’s about building what matters. Use this checklist to step back and assess whether your product decisions are aligned with customer needs


Download PDF copy Send to your inbox

 


→ Back to product strategy guide

Assess your product direction, priorities and readiness to scale

A strong product strategy is not about building more — it’s about building what matters. Use this checklist to step back and assess whether your product decisions are aligned with customer needs and business growth.

 

 1. Problem clarity

☐ We can clearly define the core customer problem we are solving
☐ We understand why this problem matters to our target customers
☐ We have evidence that this problem exists (feedback, usage, demand)
☐ We are focused on solving a specific problem, not multiple competing ones

If not, refine the problem before building further.

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2. Product-market fit signals

☐ Customers are actively using the product
☐ We are seeing repeat usage or engagement
☐ Retention is stable or improving over time
☐ Customers can clearly describe the value of the product

If not, focus on improving the core product before scaling.

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3. Product prioritisation

☐ We prioritise based on customer value and business impact
☐ We focus on a small number of high-impact initiatives
☐ We understand the expected outcome of each product decision
☐ We avoid building features without clear evidence of demand

If not, reassess how you decide what to build next.

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4. Product and commercial alignment

☐ Product decisions are informed by customer feedback from sales/marketing
☐ Commercial teams understand the product and its value clearly
☐ Product roadmap aligns with business growth priorities
☐ Feedback flows consistently between product and commercial teams

If not, strengthen alignment between teams.

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5. Product vs growth balance

☐ We understand whether product or growth is our current constraint
☐ We are investing in the area that will drive the most impact
☐ We are not scaling growth before product value is proven
☐ We regularly reassess where investment should be focused

If not, revisit where your next investment should go.

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6. Metrics and decision-making

☐ We track a small number of meaningful product metrics
☐ Metrics reflect real customer behaviour (not vanity metrics)
☐ We use data to inform product decisions
☐ We understand the difference between leading and lagging indicators

If not, simplify and refocus your metrics.

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7. Readiness to scale

☐ The product delivers consistent value across customers
☐ Demand is becoming more predictable and repeatable
☐ The product can support increased usage or demand
☐ We have clarity on how product investment supports growth

If not, continue refining before scaling further.

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Final reflection

Before making your next product decision, ask:

Will this meaningfully improve customer value or business performance?

If the answer is unclear, more focus is needed.
If the answer is yes, you are likely prioritising effectively.

 

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