Profit Wayfinder
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Ansoff Growth Matrix

Also known as: Product-Market Expansion Grid

Four growth paths from combining existing/new products with existing/new markets.

Classifies growth options as market penetration, market development, product development, and diversification, ordered roughly by rising risk. A quick scaffold for naming and comparing expansion moves.

Core concepts

Market PenetrationMarket DevelopmentProduct DevelopmentDiversification

Best when

  • Quickly enumerating and risk-ranking growth options

Watch-outs

  • Coarse; says little about how to win in each cell