Going into a product-market gap allows you to play a different game from the rest. One thing you can start playing with is Pricing.
In a product-market fit
"This is how everybody else prices" (eg. costplus)
"These are the prices."
Makes you think:
How can i make my price "fit" into this place and still make a profit (🤞) or make it attractive for me to keep at it?
WTF
[Where's The Focus] → Yourself
In a product-market gap
"This is how everybody else prices" (ceg. cost+)
"These are the prices".
Makes you think:
"How can i change this equation?"
How could i charge X? [sidenote: you're not thinking of costs here, but price]
What would my customers need that they gain 10X the price?
Value → Price → Cost
And to know the value, there's only one way: you need to know what your customers want —what they value.
Only then you'll be customer-centric and customer-driven. On how to serve them.
WTF [Where's The Focus] → On them. On others.
This is the way.