Email as a PMF Discovery Tool
Most founders think of email marketing as something you invest in after product-market fit. That is backwards. Email is one of the most effective tools for finding product-market fit. It creates a direct conversation with users that no amount of analytics data can replace.
A user who replies to your feedback email with "I love this but I wish it did X" is giving you the roadmap to PMF. A user who never opens your emails is telling you they do not care enough about the problem you are solving. Both signals are valuable.
Test Messaging Before You Test Product
One of the most underused PMF strategies is testing value propositions through email before building features. Send different subject lines, different descriptions of what your product does, and see what generates engagement. If your email about "saving time on reporting" gets 3x the opens of "better analytics dashboards," you know which angle resonates.
This is faster and cheaper than building features to test demand. Email marketing at pre-PMF stage is really just rapid market research with a send button.
The Feedback Reply Rate Is Your North Star
At pre-PMF stage, the most important email metric is reply rate, not open rate. Users who take the time to reply with thoughtful feedback are showing you something: they care enough about the problem to engage in conversation. These are your future power users, your product advisors, and your first paying customers. Reply to every single one.